How do you know if your blogging is a hobby or a business? Consider the following:
Are you behaving in a business minded manner when you blog?
Does your blog, even if silly or comical, have a purpose to draw readers or traffic with the intent of creating an income?
Are
you putting in enough time and energy into blogging to make it
profitable, or are you half heartedly approaching blogging as a side
hobby?
As
you increase your income, are you investing, reinvesting or utilizing
the income for livelihood, or are you considering it 'mad money'.
There
is a difference in how you perceive your income and how you will
behave. If you feel it’s just extra money to have fun with, you may not
be taking a serious business perspective of blogging that you need to
take for profit long term.
As
you increase your business, you need to be flexible and grow with the
business. This means that what worked in phase one may need to be
upgraded or changed in phase two, and phase three and so on and so on.
In
the past, have you followed through with goals and activities? If the
resounding answer is no – then beware, being self-employed, even a
blogger business, may not be right for you. However, if you have a
support system, a partner or a plan B, where if you start to fall
downward you have a way upward, then blogging as a business is certainly
a possibility.
Some
real positives of having a blog as a business is that it is easy to
start up, and easy to maintain, especially if you use a service to help
you glean the most from your business as you can.
Another
great thing, if you are not a people person, that is fine! If you are,
good – communicate more with your fans! Having positive working
relationships is very important and yet, with blogging, you can make
money and not really have to develop super close relationships. Many
people find close relationships, especially working relationships, to be
very stressful. Again, if you have a service to help you, this is
two-fold easier.
Blogs
are great because as far as a business goes, there are minimal
decisions in this line of career. Most business owners make decisions
constantly, have a lot of overhead and are under pressure. However, with
blogging you have minimal overhead if any, and your big decisions are
often simply when to renew your service contract with your
supplier/manager. Usually the partner/manager/supplier in blogging makes
all the nuance decisions that can drive you crazy.
If
planning and organizing are not your strong suits, never fear… you can
certainly hire someone to do this for you; again there are organizations
that take all of that nitty-gritty stuff away from you for a small fee.
But you can also learn how to organize yourself but realize this can
mean you may be working at your blog a few hours at a time when you’d
normally be spending time with family or friends. Again, blogging will
make you money if you go toward this goal as a business, not a hobby.
Make
sure you survey family, friends on peers in what they may enjoy seeing
or having in a blog. Maybe they will voice that they’d like to have a
place to write in themselves about their experiences, or just read
inspirational experiences or informative comments. Perhaps, they want an
informative site where they can both interact with others and, purchase
equipment or books. Figure out what you like, then start seeing how you
can tie your interests in with other’s desires.
As
you initially start your business you can add ideas or subtract things
that don’t seem to be working, but in whole marketing research will give
you a nice, firm foundation; if nothing else, it gives you a target
starting point which is easier for you to focus on.
This
actually takes you to the next subject of thought, which is a strategy
to market. Once you know what your survey tells you, you can easily, as
outlined above, develop a strategy. Again, it’s knowing how to take an
interest of yours and make it marketable.
In
your blog, don’t just write! Sell! Sell a product or service. Although
some people can make money just from writing, through banners and such,
you will have more success actually offering a bit more. However, if you
have a service working with you, they can certainly help to promote you
as well as place banners and other marketing tools in to help you get
your business off the ground.
Think
of unique promotion strategies. Though if you have a service, again,
you will not have to worry as much – it still is a good idea to create
promotions yourself that are highly unique to your specialty. Make sure
your prices are competitive or at the least, considered well within your
target market. The moment the Blog is up to the moment the client or
consumer has what they want from you; and the entire process should be
quite enjoyable!
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