Next week I am going to start to introduce you to the first steps of monetizing your blogs and before I do that I wanted to take the time to talk about expectations. By now you would have read that there are people who quit their jobs to blog full time and they have bought cars, houses, holidays, put their kids through college and more. And chances are you have already thought about quitting that job yourself. You will have seen ads for get rich schemes where for one low price you can make big dollars with an exclusive plan, probably marketed along the lines of “The Shocking Truth they didn’t want you to knowâ€
STOP!!!!
Before you spend that $19.95, $99.95 or tell the boss where to put the job I need to tell you the truth. There is no quick way to blogging riches. To make money blogging takes time, effort and perseverance despite what the flash marketing tells you. With many of those marketing schemes the only person getting rich is the author with your hard earned money.
Ready to switch off in disgust? Don’t because now its time for the good news. From day one blogging you can start to earn money from your blog and over time the money that you can earn will increase. If you’re skilled, hard working and lucky then you may be one of the relative few that do get to make blogging a full time job but for the rest of us, you can still make more than loose change from your blogs but you need to set realistic expectations.
So what are realistic expectations?
You need to set yourself reasonable goals. When I start a new blog there is a certain amount of outlay before the first entry is ever posted. There is the hosting costs, cost of the domain name(s), cost in my time and effort to get the ready to post in. And then there is the time spent researching and writing your posts. It all comes at a cost and while you are outlaying the cash, its not going to come back right away.
When I start a new blog to keep my expectations realistic is to set goals to achieve that are both obtainable and realistic. To use this blog as an example I have set the following goals
- Break even on costs by 120 days
- Make a thousand dollars in the first year of operation from this blog.
Time will tell how successful I am with this goals but none of them is impossible to achieve. Its even possible that I may succeed far more than the goals that I have set. So using my goals I have realistic expectations as there is nothing worse for motivation than setting goals that are too high and failing to achieve them in spectacular fashion.
Of course there is another side to setting goals and that is that it can also highlight what is not working and what could or should be working better. It gives you the chance to change things or even throw out old ideas and start with new ones.
I hope that this has given you a little bit of food for thought. Coming up next for those that still think they have what it takes to make it all the way to full time blogger is the characteristics of successful bloggers. How did they get where they did?
In the meantime, answer me this. What are your goals from blogging and what is the plan to get there? I look forward to reading some of your answers!