Originally Posted by SamTeller
I am a twenty year old student who is about to graduate from college with a degree in Creative Writing. A worthless degree you say? Probably. It's what I enjoy, and what I want to do with my life. At any rate, as artists have to work in order to exist, I would prefer to work for myself and have my income work for me. I intend on starting small with everything: my costs/lifestyle/income. What I mean by this is initially I'd like to work part-time in retail. During this time I'd work part-time on my blog. Then within a year I would like to be making enough money to support my lifestyle where I am free to create my art (and work around 4-6 hours a day on my blog). In other words I would like to be making at least $1000 a month off my blog in a year. Then, hopefully in the next couple years after that I'd like to increase my profits in order to quickly pay off my student loans, and safe up for getting more education as I would like to get into the Psychology field later in life.
When Steve started blogging, the chances of making money seemed a lot greater. What I've heard is that the blog market is quite saturated right now. I hope Steve or another knowledgeable person could answer this, but what is the likelihood of this plan succeeding, given that I would spend 4-6 intensely concentrated hours on blogging (as well as other online revenue generating) pursuits a day?
If you actually enjoy writing and can motivate yourself to write at least 1 page of text/article/blog post per day, you could be very successful after a year of blogging. Yes, that does mean $1000+ monthly income is a strong but realistic goal.
If you want to build an online business that profits off of free search engine traffic, then having lots of written text content about useful and engaging subjects is one of the single most important aspects of it. Outsourcing the writing of articles has probably been my largest or at least 2nd largest expense in making my websites, because I often lack the motivation to make the content myself.
Of course, you need a lot more than just the ability to write something. You also need education about online business, for which I would suggest SBI as your learning vehicle.
Also, as the poster above me mentioned, your blog should be focused on giving people information or entertainment that they already want
and are already searching for, instead of just blogging "today my cat got sick so I took him to the vet" boring and worthless content.