Why Not Another Chart?
This is the visitors count from a favorite of mine, BlogTrepreneur.com … run by a younger fellow who goes by Adnan.
This blog was only started in February of 2006 … I came across it about a year back, and Adnan has built it up to an over $650 a month earner … while finishing high school, getting into university, taking vacation trips and all the other things in life that happen while you are expecting something else.
He has done all this without any trickery, smoke and mirrors or advertising dollars. It’s now up for sale due to non-blog reasons and actually it would really be a tempting one …. I have no idea what final price Blogtreprenuer will go for, but based on some recent sales measured by the value of RSS subscribers it has a potential worth of $18,000. If we look at another common valuation rule of thumb, 10 x monthly income we are looking at a value on the plus side of $6,000.
Let’s assume the lowest side and guess that Adan clears $6,000. That’s cash in his pocket of over $500 a month for the approximately 12 months that he has been seriously (on his own URL) blogging regularly. That’s an awful lot of burgers flipped had Adnan clung to the traditional high school student working wisdom.
Is Donald trump changing his business plan soon? Probably not, (although "the Donald" is using a blog very effectively to market his educational programs, a huge chunk of his income) but how many other empowered retirement" ventures could you think of that would earn you $500 or $600 a month and have an equal net value in a year or so …. almost no investment and no risk? Do not tell me you can’t make money blogging.
Best of luck, Adnan