Quote:
Originally Posted by Max Power  @Steve. How long did it take for you to become self sufficent from your blog? Weeks? Months? Years? How did you live before making money writing your blog?
A product is something you create once and sell multiple times, a blog can take forever to make money if at all.
Successful blogs making very good money are the exception to the rule.
Max |
One advantage that Blogs do have is this kind of structure:
IDEA 1 - WRITE - PUBLISH - BEGIN RECEIVING BENEFIT
IDEA 2 - WRITE - PUBLISH - BEGIN RECEIVING BENEFIT
IDEA 3 - WRITE - PUBLISH - BEGIN RECEIVING BENEFIT
IDEA 4 - WRITE - PUBLISH - BEGIN RECEIVING BENEFIT
IDEA 5 - WRITE - PUBLISH - BEGIN RECEIVING BENEFIT
IDEA 6 - WRITE - PUBLISH - BEGIN RECEIVING BENEFIT
etc.
Although it may be slow to start, once you get to idea #9 you're getting paid for idea 1-8, etc.
A more traditional business model like writing a book, might work more like this:
Write Chapter 1 - No Publish
Write Chapter 2 - No Publish
Write Chapter 3 - No Publish
Write Chapter 4 - No Publish
Write Chapter 5 - No Publish
Write Chapter 6 - No Publish
Get idea for another book
Write Chapter 1 - No Publish
Write Chatper 7 for First Book - No Publish
Give up on Book 1, Start Writing Book 2 Chapter 2
Write Chapter 2 - No Publish
etc.
Essentially, what I'm saying is that you may never publish your book because you never finish it. Whereas Steve's Blog is NOT finished, but he's making money from it. It's not like he had a complete solution to Personal Development prior to making money.
I do agree with you. Blogging is not for everyone. I'm trying to figure out what are the strengths and weaknesses of this medium to get the best path towards getting my ideas out.