In business it doesn’t matter what you create you need to have the process in which you make money rock solid from the start. Imagine opening a restaurant and not having any idea how you are going to make money.
Too many bloggers start their own blogs without ANY IDEA of how they are going to make money. And they wonder why they fail. I did this with a number of blogs that are now successful mind you but I was lucky I sold them and someone else managed to turn around and make money on them.
I was very lucky. But I wasn’t always lucky. Sometimes I crashed and burned and lost money.
The best way to guarantee success in business is to KNOW HOW you are going to make money and create a plan that involves going the shortest distance from not making money to making money in the least amount of time.
I have a friend who is a blogger. She’s very successful at what she does. She runs a very large site but she doesn’t make any money at it.
Because when she started she didn’t have a plan. She had no idea how she’d make money. She basically opened a restaurant didn’t set prices and let the customers come in and eat for free and then later wanted to find a way to make money.
Before you start a business KNOW how you are going to make money. In my case I utilize an affiliate program for lead generation. It’s somewhat profitable if you are determined and patient.
Other long time bloggers have since created businesses from their blogs that are making millions but some of this is just plain smarts. They didn’t start out making money but in the end they did because they found a way to do it. Most professional bloggers quit before a year is up because “they can’t figure out a way to make money”.
So in my case I have a plan on how I’m going to make money before I even launch my new sites. And it should be nearly profitable by month 3. That’s the plan making 9k a month by month 3.
What about you ? Have you started a blog with no idea of how you are going to make money ?
Don’t. It’s like opening a restaurant with no prices on the menu. In this world unfortunately. Money in business comes first. Know your path to success and the shortest distant to it.