Can we grow rich by blogging?

[JeremyNoelJohnson]

In response to how Steve make's money from his blog. I think the answer is simple: he's worked harder on himself than on his job for such a long time now that his value has snowballed. He's in a position to offer value in personal development that not even Anthony Robbins can. That is significant.

Steve has read 700 plus books on a wide range of personal development subjects. He state's this in his blog:

Skill

A good blog does not exist because you decide to start writing content. It comes from intensive labor and understanding a wide range of subjects, ranging from business to finances to effective writing. Steve has put in the time to master these disciplines. It is apparent. And he's also willing to share experiments he does in his life, like juicing, polyphasic sleep, and subjective reality.

This sets him apart. How many bloggers courageously share the details of their life like this? How many even knew that they could attempt these things before Steve? Not many I bet. So Steve's value is in his willingness to try and his immense dedication to his craft. If you want to succeed like Steve, then be prepared to eat, drink, and sleep personal development (or whatever your chosen field is).

Steve has put in the time not just in learning, but being effective in how he learns. He's a walking encyclopedia on so many things that he's set himself apart as a 'grandmaster' if you will. So if you want that, be prepared to invest the rest of your life in mastering your craft so that you become a grandmaster and your value is unmatched.

[Gazzali]

Originally Posted by JeremyNoelJohnson

In response to how Steve make's money from his blog. I think the answer is simple: he's worked harder on himself than on his job for such a long time now that his value has snowballed. He's in a position to offer value in personal development that not even Anthony Robbins can. That is significant.

Steve has read 700 plus books on a wide range of personal development subjects. He state's this in his blog:

Skill

A good blog does not exist because you decide to start writing content. It comes from intensive labor and understanding a wide range of subjects, ranging from business to finances to effective writing. Steve has put in the time to master these disciplines. It is apparent. And he's also willing to share experiments he does in his life, like juicing, polyphasic sleep, and subjective reality.

This sets him apart. How many bloggers courageously share the details of their life like this? How many even knew that they could attempt these things before Steve? Not many I bet. So Steve's value is in his willingness to try and his immense dedication to his craft. If you want to succeed like Steve, then be prepared to eat, drink, and sleep personal development (or whatever your chosen field is).

Steve has put in the time not just in learning, but being effective in how he learns. He's a walking encyclopedia on so many things that he's set himself apart as a 'grandmaster' if you will. So if you want that, be prepared to invest the rest of your life in mastering your craft so that you become a grandmaster and your value is unmatched.

wisdom is better than wealth

[Gazzali]

Originally Posted by givejonadollar

When in sam hell has Newsweek ever been right about anything?

They are so poor on their reporting that they are up for sale and have been a bad joke in the industry for way too long.

My belated reply...rather a question. Can anyone bring to this discussion the people who had made that "mark" in blogging..I mean in real money

[GrigoriySidelnikov]

Originally Posted by aiyori

Steve honestly told us that he is a convict. And he honestly told us that he had sex with women who were not his wife. I simply can't trust him 100%.

~~~

[Zorr]

I'd say you can make money from blogging. As long as you're writing about something you're passionate about and you're writing about a niche subject that not many others are already writing about. Make sure you really care about your community before you start advertising or promoting some sort of affilate system

[Agota]

It depends what you call rich I assume.

In case we're talking Donald Trump or Bill Gates rich, then it might be challenge to get there with a blog.

But in case we're talking six figures a year rich, then I really don't get what this discussion is even about: there are plenty people who make six figures from their blogs, whether it's with advertising, or affiliate marketing, or selling their own products, or combination of these.

Also, what's up with the argument:

"Well, yeah, Steve makes money from his book, not from this blog.."

Um, he's selling his book on his blog, therefore it does count as money from the blog? Duh?

Asking can you make money from a blog by "just" blogging (???) is like asking can you make money in the farmers market by just standing there without any products. And saying "Well, yeah, but he makes money from stuff he sells" it's like saying "Well, yeah, but those farmers make money from the cheese they sell, it doesn't count".

[Agota]

Oh, and one more note on getting rich from your blog: it depends on the country.

Let's say my blog makes 400$ a month. It's pocket money in US, right? In Lithuania, however, it would be more than a monthly minimum wage. Then, 1000$ is not that much in US either, right? In Lithuania that would be a decent amount of money for a young person to live on (people in proper jobs get something like that). Now, I imagine that if I'd move to Cambodia, I could get really rich by blogging..

[WarrenG]

Originally Posted by Agota

Let's say my blog makes 400$ a month. It's pocket money in US, right? In Lithuania, however, it would be more than a monthly minimum wage.

Yeah? What would the rough living cost for a month in Lithuania, and also, can you tell me a little more about it and what it's like there?

I know I could live off my passive income in some countries, in Latin America an SE Asia...I want to do this, even if only temporarily. But the problem is the cost of the flight. Eastern Europe though...

[Agota]

Warren, send me a PM with a list of specific things that you need to know the prices for (like: 2 bedroom apartment, pack of milk, etc. ) and specific question, then I can give you the info you need. I can tell you straight away that women are very beautiful here, though

The rough cost of living in Vilnius (capital), though, would be around 1000$-1500$, you'd be living without problem with that (rent your own apartment, eat normal food, go out, etc.).

[Gazzali]

Originally Posted by Agota

It depends what you call rich I assume.

In case we're talking Donald Trump or Bill Gates rich, then it might be challenge to get there with a blog.

But in case we're talking six figures a year rich, then I really don't get what this discussion is even about: there are plenty people who make six figures from their blogs, whether it's with advertising, or affiliate marketing, or selling their own products, or combination of these.

Also, what's up with the argument:

"Well, yeah, Steve makes money from his book, not from this blog.."

Um, he's selling his book on his blog, therefore it does count as money from the blog? Duh?

Asking can you make money from a blog by "just" blogging (???) is like asking can you make money in the farmers market by just standing there without any products. And saying "Well, yeah, but he makes money from stuff he sells" it's like saying "Well, yeah, but those farmers make money from the cheese they sell, it doesn't count".

I agree. Compare with your current ability with your blog adventure

[Gazzali]

Why we are here? Making money is one thing- that is for sure. Some said here you have to create value to earn that traffic. Is it value or keywords? We have to be genuine about this. Otherwise we going to mislead many people. How many out there making real money from blogs?

[newmark]

Originally Posted by Agota

Oh, and one more note on getting rich from your blog: it depends on the country.

Let's say my blog makes 400$ a month. It's pocket money in US, right? In Lithuania, however, it would be more than a monthly minimum wage. Then, 1000$ is not that much in US either, right? In Lithuania that would be a decent amount of money for a young person to live on (people in proper jobs get something like that). Now, I imagine that if I'd move to Cambodia, I could get really rich by blogging..

Yes, it's easier to make enough money to live on from a website where I live too

[Gazzali]

the intend of this post was to find out whether we can make really good money. However, we taking the easy stand on relative earnings. Can we make a living out of a blog? What is the best way or ways to do that. Let say anyone of you here made that "rich" amount what have you done to make that kind of money?

[Peter T]

Not necessarily, If you are fully committed, can post daily and have enough knowledge to cover your niche then probably you will achieve the success. Be confident on yourself, success will take time.

[Orionjoel]

Gazzali,

I am not sure if I will answer the question how you are looking but, i do have a few believe on the matter. You are asking good questions but the real question is are they the right questions

Originally Posted by Gazzali

Can we make a living out of a blog?

I believe that we can make a living out of a blog. However in saying that I also believe to do so you will work just as hard if not harder then you would to make the money any other way. At least in the initial start up phase, which could be anything from a few month right up to a couple of years

Originally Posted by Gazzali

What is the best way or ways to do that.

Peter T answers this partially in that you need to be posting frequently, with good solid relevant content. I can attest that I always without fail get more visitors to my blog when I post more frequently. In saying this though posting every 10 minutes will only work for so long, unless you are a news site like CNN.

The other part of this though is having Good solid relevant traffic. How to do this I cannot say for certain, but there is any number of people that will sell you a product to try and tell you. I cannot say whether any of them are worth it or not. However finding a way to get traffic to your site that is relevenat to your content will at least get people looking at what you have to offer, but not necasarily buying.

Originally Posted by Gazzali

Let say anyone of you here made that "rich" amount what have you done to make that kind of money?

This is a good question which I cannot answer because I have not done it.

However I imagine that for the most part they have done something fairly similar to the rest of us. Just with a few key differences that in the end mean they are making money where we are not. This might just be they have persavered longer then we have, been more willing to do some things we have not. It could anything. But some people know what they have done. While others are just unclear, one day they had nothing going on, and next thing money is coming in, and things are looking up.

[Ken Benjamin]

I'm going to say, I hope so, but I expect that to be indirect.

Although I don't expect the blog to generate revenue directly other than small change from Amazon, the odd donation here and there, and a couple other minor affiliate possibilities.

Great content i.e. a blog, is a vehicle to draw customers. The fact that you can write about something you're passionate about is a wonderful plus but just writing doesn't make money.

Newspapers sell advertisements. Television sells advertisements. CNN.com sells advertisements. Nobody goes there to read the advertisements but read them they do. That's one revenue model that works. Does it work for bloggers? Yes, if you have enough traffic and enough content to draw readers, that could work.

If you don't have a production team, editors, and millions of readers, then you had better have another model, I think.

My website, WisdomWebsite.com, does two main things from the business perspective, it draws readers (sales leads) and it gives me a way of offering my product (sells). In other words, my website does something similar to all other media before. It offers value (interesting and useful articles) in exchange for something else (the right to ask you to consider buying a product).

That's just the business part of things.

My real goal is to make the world a better place to live and for you to have a more fulfilling life but I need to have money to make that possible.

About Steve's blog...

When Steve uncopyrighted his material I considered translating it into another language and replicating his success. That seemed easy enough, the content was written, the translation was just a series of predictable tasks, then came evaluating the revenue stream.

Steve doesn't talk about specifics but if you look at the affiliate programs he promotes and research some of them you'll quickly find there are just a few that probably make up the bulk of his income stream. If you want to have fun, look into SiteBuildIt's affiliate program. Very generous and an ongoing stream. Steve probably gets much better terms than those listed, too. Likewise, Paraliminals is a good revenue generator, though not recurrent.

None of the products I looked into are available in anything other than English so that meant finding equivalent products that would generate equivalent revenues. All I can say is the numbers didn't look good to me for a market that was at maximum 15% of Steve's US market alone.

Free high quality content is right there under your nose, those of you in other lands. How you're going to monetize it? That's another question.

For me, it didn't have enough heart in it to figure it out but maybe it will for someone else.

If you want to get rich blogging, start by doing something you love, then follow Steve's lead and figure out how he did it. Writing content is just the television program. Without the ads, no show. It's either that, or pay for premium channels. And who want's to do that on the internet? (I know, paid content is a viable model, too.)

Of course, you better have a show people want to watch. How to do that? For that there are no easy answers.