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How To Create A Money Making Blog

How To Create A Money Making Blog

There are blogs out in the world that bring in thousands, and hundreds of thousands of dollars a month for their owners. At the most basic level, the formula that creates a money making blog is very simple: write valuable content, create relationships with readers, and sell products to those readers. But anyone who has ever tried to monetize a blog knows that there’s more to it than that. So how do you create a blog that can change your life?

Create valuable content

One of the biggest, and most obvious keys to creating a moneymaking blog, is by providing content that offers value to readers. Great content brings readers back again and again, after all; without that value, readers won’t return to your page.

Content can provide different types of value. Your content might be informative, funny, educational, or a little bit of everything. Whatever you decide, be consistent, and don’t get distracted from your true mission. Readers won’t want to guess at what they’re going to get on any given day. Pictures of your cat one day, followed by a video on how to change your car’s headlights the next, will confuse readers.

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Build relationships

If you write it, the money will come, right? Not exactly. Once you’ve created valuable, interesting content, the next step is to build relationships with readers so that they think of you as an expert on your topic. Sharing articles on social media, authentically interacting with other people as your professional persona, and responding to comments, are all ways to build relationships with your readers.

Create income streams

How would you like your blog to make money? Allowing other companies to show ads on your site is one way to generate a little bit of income; affiliate marketing is another; setting up a digital store to sell products or services is a third. Different blogs will thrive with different approaches. In general, the most successful income streams will dovetail with the topic of your blog. For example, a knitter who is blogging about knitting, might begin to sell knitting patterns. A book blogger who writes reviews and how-tos, might decide to sell their services as a beta reader or editor.

Sponsored posts

As you build your audience, you might be approached by companies who want to pay you to review their product or service. This is perfectly acceptable, as long as you are honest with your readers about what’s going on, and abide by search engine guidelines. If you’re writing the post yourself, admit that it is a sponsored post, and that everything presented is your own honest opinion. If the company is giving you a post, introduce the sponsored post, and then let their content take over.

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Either way, avoid overusing sponsored posts to the point of drowning your own content. After all, your blog is successful because of your voice; don’t forget to keep your own content front and center.

Sell your expertise

Many bloggers, once they have developed a successful blog, find that a logical next step is to sell their expertise in the form of white paper or ebook. There are two options for these; if you have the time and are comfortable writing long form, you can write a document yourself and upload it to your blog to sell. If you’re less comfortable, or have the financial ability to pay someone else to write it for you, ghostwriters are available by the dozen on platforms like Upwork.

Many bloggers find this to be their most impressive revenue stream over time.

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Pay walls

Some bloggers find that they can offer a certain amount of content for free, but then offer higher quality or deeper content behind a pay wall. Customers pay for a membership to access the full content of your website. For this to work however, you have to have a devoted readership that doesn’t feel it can get the same content anywhere else. You also must have an impressive offering behind that pay wall. Many people feel very frustrated by subscription sites, and will avoid the site altogether rather than browse even the free content available.

Donations

Some bloggers have found success by using services like ko-fi, which are micro-donation sites. You sign up for an account, and place a button on your website. You periodically point it out to readers in your writing; many people use a suggestion like “if you like what I have to say and want to support my work, buy me a coffee.” Their payment goes to your Paypal account.

The most important thing to realize is that blogging will never be passive income. You will spend a great deal of time developing content that customers want to pay for. If you’re willing to put in the work however, blogging can provide an impressive supplemental income source for your family or yourself.

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Featured photo credit: pixabay.com via pixabay.com

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Margarita Hakobyan

MBA from the University of Utah

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Last Updated on August 16, 2018

10 Huge Differences Between A Boss And A Leader

10 Huge Differences Between A Boss And A Leader

When you try to think of a leader at your place of work, you might think of your boss – you know, the supervisor in the tasteful office down the hall.

However, bosses are not the only leaders in the office, and not every boss has mastered the art of excellent leadership. Maybe the best leader you know is the co-worker sitting at the desk next to yours who is always willing to loan out her stapler and help you problem solve.

You see, a boss’ main priority is to efficiently cross items off of the corporate to-do list, while a true leader both completes tasks and works to empower and motivate the people he or she interacts with on a daily basis.

A leader is someone who works to improve things instead of focusing on the negatives. People acknowledge the authority of a boss, but people cherish a true leader.

Puzzled about what it takes to be a great leader? Let’s take a look at the difference between a boss and a leader, and why cultivating quality leadership skills is essential for people who really want to make a positive impact.

1. Leaders are compassionate human beings; bosses are cold.

It can be easy to equate professionalism with robot-like impersonal behavior. Many bosses stay holed up in their offices and barely ever interact with staff.

Even if your schedule is packed, you should always make time to reach out to the people around you. Remember that when you ask someone to share how they are feeling, you should be prepared to be vulnerable and open in your communication as well.

Does acting human at the office sound silly? It’s not.

A lack of compassion in the office leads to psychological turmoil, whereas positive connection leads to healthier staff.[1]

If people feel that you are being open, honest and compassionate with them, they will feel able to approach your office with what is on their minds, leading to a more productive and stress-free work environment.

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2. Leaders say “we”; bosses say “I”.

Practice developing a team-first mentality when thinking and speaking. In meetings, talk about trying to meet deadlines as a team instead of using accusatory “you” phrases. This makes it clear that you are a part of the team, too, and that you are willing to work hard and support your team members.

Let me explain:

A “we” mentality shifts the office dynamic from “trying to make the boss happy” to a spirit of teamwork, goal-setting, and accomplishment.

A “we” mentality allows for the accountability and community that is essential in the modern day workplace.

3. Leaders develop and invest in people; bosses use people.

Unfortunately, many office climates involve people using others to get what they want or to climb the corporate ladder. This is another example of the “me first” mentality that is so toxic in both office environments and personal relationships.

Instead of using others or focusing on your needs, think about how you can help other people grow.

Use your building blocks of compassion and team-mentality to stay attuned to the needs of others note the areas in which you can help them develop. A great leader wants to see his or her people flourish.

Make a list of ways you can invest in your team members to help them develop personally and professionally, and then take action!

4. Leaders respect people; bosses are fear-mongering.

Earning respect from everyone on your team will take time and commitment, but the rewards are worth every ounce of effort.

A boss who is a poor leader may try to control the office through fear and bully-like behavior. Employees who are petrified about their performance or who feel overwhelmed and stressed by unfair deadlines are probably working for a boss who uses a fear system instead of a respect system.

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What’s the bottom line?

Work to build respect among your team by treating everyone with fairness and kindness. Maintain a positive tone and stay reliable for those who approach you for help.

5. Leaders give credit where it’s due; bosses only take credits.

Looking for specific ways to gain respect from your colleagues and employees? There is no better place to start than with the simple act of giving credit where it is due.

Don’t be tempted to take credit for things you didn’t do, and always go above and beyond to generously acknowledge those who worked on a project and performed well.

You might be wondering how you can get started:

  • Begin by simply noticing which team member contributes what during your next project at work.
  • If possible, make mental notes. Remember that these notes should not be about ways in which team members are failing, but about ways in which they are excelling.
  • Depending on your leadership style, let people know how well they are doing either in private one-on-one meetings or in a group setting. Be honest and generous in your communication about a person’s performance.

6. Leaders see delegation as their best friend; bosses see it as an enemy.

If delegation is a leader’s best friend, then micromanagement is the enemy.

Delegation equates to trust and micromanagement equates to distrust. Nothing is more frustrating for an employee than feeling that his or her every movement is being critically observed.

Encourage trust in your office by delegating important tasks and acknowledging that your people are capable, smart individuals who can succeed!

Delegation is a great way to cash in on the positive benefits of a psychological phenomenon called a self-fulfilling prophecy. In a self-fulfilling prophecy, a person’s expectations of another person can cause the expectations to be fulfilled.[2]

In other words, if you truly believe that your team member can handle a project or task, he or she is more likely to deliver.

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Learn how to delegate in my other article:

How to Delegate Work (the Definitive Guide for Successful Leaders)

7. Leaders work hard; bosses let others do the work.

Delegation is not an excuse to get out of hard work. Instead of telling people to go accomplish the hardest work alone, make it clear that you are willing to pitch in and help with the hardest work of all when the need arises.

Here’s the deal:

Showing others that you work hard sets the tone for your whole team and will spur them on to greatness.

The next time you catch yourself telling someone to “go”, a.k.a accomplish a difficult task alone, change your phrasing to “let’s go”, showing that you are totally willing to help and support.

8. Leaders think long-term; bosses think short-term.

A leader who only utilizes short-term thinking is someone who cannot be prepared or organized for the future. Your colleagues or staff members need to know that they can trust you to have a handle on things not just this week, but next month or even next year.

Display your long-term thinking skills in group talks and meetings by sharing long-term hopes or concerns. Create plans for possible scenarios and be prepared for emergencies.

For example, if you know that you are losing someone on your team in a few months, be prepared to share a clear plan of how you and the remaining team members can best handle the change and workload until someone new is hired.

9. Leaders are like your colleagues; bosses are just bosses.

Another word for colleague is collaborator. Make sure your team knows that you are “one of them” and that you want to collaborate or work side by side.

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Not getting involved in the going ons of the office is a mistake because you will miss out on development and connection opportunities.

As our regular readers know, I love to remind people of the importance of building routines into each day. Create a routine that encourages you to leave your isolated office and collaborate with others. Spark healthy habits that benefit both you and your co-workers.

10. Leaders put people first; bosses put results first.

Bosses without crucial leadership training may focus on process and results instead of people. They may stick to a pre-set systems playbook even when employees voice new ideas or concerns.

Ignoring people’s opinions for the sake of company tradition like this is never truly beneficial to an organization.

Here’s what I mean by process over people:

Some organizations focus on proper structures or systems as their greatest assets instead of people. I believe that people lend real value to an organization, and that focusing on the development of people is a key ingredient for success in leadership.

Learning to be a leader is an ongoing adventure.

This list of differences makes it clear that, unlike an ordinary boss, a leader is able to be compassionate, inclusive, generous, and hard-working for the good of the team.

Instead of being a stereotypical scary or micromanaging-obsessed boss, a quality leader is able to establish an atmosphere of respect and collaboration.

Whether you are new to your work environment or a seasoned administrator, these leadership traits will help you get a jump start so that you can excel as a leader and positively impact the people around you.

For more inspiration and guidance, you can even start keeping tabs on some of the world’s top leadership experts. With an adventurous and positive attitude, anyone can learn good leadership.

Featured photo credit: Unsplash via unsplash.com

Reference

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