As I have been trying to narrow in on my specific strategy to making a living from my online efforts, I keep coming up with this notion that bigger is not always better. On Monday, I mentioned that I keep building and buying more blogs. It was an addict’s first confession. I have bought into the belief that if I start a lot of projects now and continue to build them up over time, eventually my online income will take off like never before – and that’s saying a lot considering my most recent income report. Yet, even as I build up my online portfolio of blogs or empire (as many call it), I have a strong conviction that many are over-doing it. Here’s what I mean…
Over the past few months, I have found myself making the plunge in starting and buying more blogs that I ever would have thought imaginable. My wife tells me it is an addiction (and that’s probably true), but in reality, it is all part of my master plan to retire early. I am currently working at a job that is a decent job for right now. I am finishing up my Master’s degree and due to my sudden fascination with earning a living from blogging, I have decided to switch paths on my career. In order to achieve my crazy goal, I know I have to build up passive income. This is where more blogs come into play. To be quite honest, I think there is something to say for focusing all of your efforts on one blog and building it’s traffic up before starting on a second blog. I often wonder if I am not spending enough time writing and building up my first site, but alas, this isn’t my approach.
A few months ago I wrote a post about the benefits of owning blogs vs. staff writing. In the post, I came to the conclusion that my strategy is going to be owning multiple blogs. I do staff write for one site, but I am starting to think it isn’t worth my time. The truth is that when you start earning hundreds and then thousands of dollars from a single blog each month, the extra $40 for about 3 hours of work (to write 2 staff posts) hardly seems worth it. Over the past 3-4 months, I have been writing for my two blogs (as well as others I have been developing).
Have you ever wondered about the best strategy to owning multiple blogs? Maybe you have create a successful blog, but have not been able to go beyond that one blog? While I have yet to prove that my strategy is going to pay off, I am really confident that it will show some results soon.… Read More »