Passive income. Throw it up there, monetize it, sit back and collect checks. Sounds nice, doesn’t it?
Honestly, I think everyone’s dream is to continue to make money without doing any additional work. To rid yourself of financial troubles without ridding yourself of your time. To free yourself to a life of happiness.
But can a blog itself accomplish this? Is passive income from blogging actually possible?
Yes and no.Â
If you can break into them, creating a blog in a competitive niche can be extremely rewarding. Competition is a sign of a healthy market – there is money being spent left and right and there are likely a ton of different products to promote.
However, where there is money there are savvy marketers and entrepreneurs looking to collect it. You’ll have a harder time breaking into a competitive niche, but it’s certainly possible. For those looking to build a long-term business, working in a competitive market such as health, wealth, or dating can be a great choice.
Here are 5 easy steps to succeed in a competitive market.
I had the pleasure of taking to the microphone to scream, swear, and rant at a particular group of people last week.
I had gotten an email from a product creator wanting me to promote his product on my blog. I went on over to his site, and his sales page immediately screamed, “Scam!”
Having been a victim of bad advice and scams before, I did not take this lightly and made the product creator well aware of the effect this has on people. Of course, he didn’t care.
Warning: contains profanity. If profanity bugs you, don’t watch or continue reading this article.
Afterwards I got another email from the guy stating that he was glad he didn’t “do business with me” because I was “very unprofessional.”
Really, a scammer telling me about professionalism? LOL. 🙂
However, this experience taught me a very important lesson: You will not click with everybody, so do not try to. Just be yourself, and attract the people that like you.
If you’re not building your email list, you’re making a foolish mistake.
For most marketers, the real money isn’t made through your blog. It’s made by promoting products to those who have opted-in to your newsletter. Therefore, your main goal should be to get people onto your email list and into your sales funnel.
This is where you can build trust, bring people back to your site, and repeatedly sell products to the same set of customers over and over again.
It is one of the few marketing channels in which you have total control, and it’s extremely powerful – probably even more powerful than your blog itself.
However, this is easier said than done. Convincing readers to part with their email is harder than ever before and you’ve really got to go above and beyond your competitors if you want to win your visitor’s emails.
Here are 25 guaranteed ways to increase email opt-ins from your blog.Â
I made the drastic decision this week that I would be dropping out of college at the end of this quarter, to dedicate more time towards achieving my entrepreneurial goals.
Before you laugh or insult me for making a stupid decision, understand that this did not come without a ton of thought, and would not even be a consideration if I was not already heading down a good path.
I am at the ‘crossroads’ in my life at this moment and feel like it’s time to make some important decisions. This was one of them.Â
Today I’m going to be completely honest with you, because it’s something many people need to hear.
I don’t care how much your blog is making or who told this to you (even if it was me), your blog is not a business. Not at all. So quit calling it one!
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