Saturday, September 30, 2006

Are you a blog-entrepreneur?


Many factors contribute to the success of money making blog example traffic, seo etc but the primary factor is the blogger himself. The success of the blog depends on your input in it. Once a blogger pursues and explores the possibilities of making money from blogging, he or she falls under what can be termed as blog- entrepreneurship. The difference between an ordinary entrepreneur and a blog-entrepreneurship is that a blog-entrepreneur has minimal risk to take or no risk at all because most of the resources that are used by bloggers are free, example adsense, and blogger-blogspot which is an advantage that a bloggers pursuing the possibilities of making money have.

Like an ordinary entrepreneur a blog entrepreneur must develop certain characteristics which are:

Opportunities seeking

He must always look for new ways to make money from blogging or to increase his or her blog profits. This can be done by researching, new money making programs that are free and easy to use and can be implemented to blogging.

Patient

When trying to make money from anything, well in this case making money from blog, patience is the key to a successful money making bloggger (Blog-entrepreneur).Making money from blogging is a process that takes a very long time and if you in it for a quick buck well this is not for you. Many bloggers out there believe ; after exploring the possibilities of making money from blogging that this is impossible, the reason they say this is because they expect to much, too soon which results in quieting or failure. I used to be in the same position before I learned this valuable trait which is called patience.

Setting realistic goals

Certain goals must be set by the blog entrepreneur, and a time for realizing these goals must be specified.Writting these goals down and pasting them on a place where you see them everyday like your desktop is even much better. The goals must be realistic; an unrealistic goal would be to expect your blog to make $6 a day, while it only has an average on 8 readers a day. When setting a goal the blogger must identify factors or impediments that might affect the set goal and try to find solutions to those factors.

Wayne Hurlbert states that "A plan of action is required or the business blog is destined to fail"

Innovative

Try doing things differently from your competitors if you have those by introducing something new and useful to the online or blog community that deals with your topic. This means that you shouldn’t become a “Me too Blog” meaning I write about the same thing too No! What ever you do, add something different with the objective of increasing blog profits. This innovation must be in line or work towards the goals that are to be achieved.


Motivated and Determined


A strong desire to take the blog to new heights must be developed by the blogger , giving up should never cross the mind of a the blog-entrepreneur because you have nothing to loose, most of the thing are provided to you free what more could you ask for. The only thing that should be on the blog entrepreneur mind is success, sucess, and success. Putting less time and effort to a blog won't help in trying to make a blog a succes.

That’s all folks please make a comment it won't hurt

19 comments:

Ranjan Varma said...

Very illuminating. I must confess that within days of posting 25 logs I started dreaming of monetizing my blog....
I think I have a long way to go. There are other impediments like blogging to a limited audience (India)which is just waking up to internet.

I'll keep reading your blog for help. Btw, what should be the time frame of my "patience"

Richblogger said...

Ranjan I’m sorry for the late reply I was working on some new blog projects.I visited a couple of your blogs and those are the types of blogs that pull in the money especially financexchange.blogspot.com. The question about the time span is a frequently asked question by bloggers and can be answered in the following. First you have to get your PR (page rank) at least to a Pr4 for your blog,

Second you will have to tweak your ads in order to increase you CTR,

Third have loyal readers who read and are interested in your blog if this can be achieved than the wait is nearly over or over. My next post will focus on these factors and others I will give a detailed explanation about this. Please send a comment for other information that might be of interested to you, I’m always willing to help.

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