Tuesday, September 24, 2013

Can you Really Make Money through Blogging?


Online blogging may seem to be the “in-thing” nowadays as some people really find time to maintain their own blog. But the question is, can they make money out of blogging?

When you search the net, you’ll find dozens of sites that suggest different ways on how to make money through online blogging.

A lot of people are indeed making money through blogging though others, for some reasons, are not as lucky as they are.
Blogging vs Failure
Why do some bloggers earn well while others are not? How did they do it?

Surprisingly, it’s not luck, skill, connections or even perseverance that would make a venture click. The simple secret is – treat your business like a business, rather than a hobby.

You are in business if you make money
Going into business is not easy. Much more if your ultimate goal is of course, to make money out of your business. So you have to treat your business as such, be it through blogging, pay-per-click ads, promoting products and services as an affiliate, or creating and selling your own products. Don’t just say, “I’m just a blogger.” But rather say, “Yes, I am a blogger. And I am earning well through blogging.”
Regular blogging keeps you in business
Get your new business on the ground by following regular business hours. Make a commitment to work for certain number of hours each day, as if you are working for someone else.

You can be flexible when you run your own business but it is important that you set your own working time and follow it diligently.
Legal aspects of being in the business
Though going into business is not easy, it is not complicated. All you need to do is know the legal aspects of setting up your business like applying for an EIN (employer identification number) and a DBA (doing business as) if you solely own the company or other requirements if you are setting up a corporation with shareholders and stock options.

Business is synonymous with taxes so you should know your responsibilities. You should always consult with an attorney and/or an accountant to determine how and when to pay your taxes.

If you intend to work at home, there might be a need for you to secure necessary permits or clearances since some counties restrict business activities in residential neighborhoods. But it may not be a problem if you will have no frequent client-visitors.

Finally, consider having an insurance to protect your personal and business assets if you operate a freelance business. This move will not just protect you from law suits but will also provide assurance to your business. Consult with a lawyer so you would know what type of insurance you will need and the corresponding fee.

Real money-making business

Making money through online blogging may not be as hard as others think. It can be a successful venture if you will just treat it as a real business and you act as a real owner. This can provide a sustainable income for you and your family.

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