"what it takes to generate money online"
Time and persistence. If you don't plan to spend on advertising it takes lots of time to generate organic traffic. You also need a way to stay motivated when the results you expect don't materialize.
"Have you tried it? What was the result?"
Yes, for the past 12 months. So far I have made around $143 with adsense. My numbers are on an upward trend both in traffic and revenue. Currently I am working to increase my blog's conversion rate and then move into other on-line revenue models.
" I got the impression that creating a money-making website was very difficult"
Wouldn't say difficult. You need the ability to fail forward and learn. Don't worry if you don't have these skills, I didn't but acquired them with time and persistence.
"Did you find that Steve's post covered most of what you need to know, or are there some other tips you would offer"
His post gives you a high level overview of different ways to make money off a blog. However, there are other ways to make money online. For example there is affiliate marketing, drop shipping, private forums etc, or come up with your own business plan.
Having a business solely on adsense and blogging is like building your house on sand. Google controls the number and can ban you at any point in time. On day you could receive 10 clicks at a dollar a piece and the next day 20 hits at 3 cents a piece.
Don't start a blog and expect to have Steve's results overnight. Before Steve started his blog he already had an online presence. He had some great articles on the old dexterity site that was very motivational for entrepreneurs and personal development. I think this helped his current site because he already had traffic coming to dexterity for personal development topics.
|