Would you like to be able to make a million dollars blogging? Of course, you would. Although most of us blog in an effort to help others, money always enters the picture, in one form or another. We may want to make a few bucks via our affiliate advertising, by selling an ebook, to gain exposure and become a public speaker, or we may have another motive.
Which probloggers do you think have made a million dollars? Steve Pavlina? Darren Rowse? John Chow? Maybe a few I haven’t named, but I doubt there are very many individuals who have reached seven figures, blogging.
Do you honestly think you can make a million with a tip jar, Google AdSense, Chitka MiniMalls, ClinkBank, Link Share, Commission Junction, or TextLinkAds, just to name a few?
Is it time for you to quit blogging and make a million, by doing something else?
Last night I watched “The Big Idea” with Donny Deutsch, the renowned advertising guru. To quote his bio,
he implemented his “leaner, meaner, faster, smarter” philosophy to transform a small advertising shop into one of the nation’s top 10 agencies. The $2.8 billion full-service agency has provided clients with strategic marketing programs that are intrusive, effective and talked about. Prestigious clients include GM, Johnson & Johnson, DirecTV, Novartis Worldwide, and IKEA.
Reread that, his advertising agency is worth $2.8 billion.
On the show (7/19/07), Donny Deutsch, spent the hour promoting struggling entrepreneurs. These individuals have great ideas, have done their business plans, have done marketing and sales on a small scale, but now want to get national and worldwide recognition. He offered advice to each person, and gave them hints as to what to do next. How cool is that? Donny Deutsch, giving you free advice, plus letting you promote your product on national tv. That would be like having Steve Pavlina, Darren Rowse or John Chow, leave a comment on my site, and then “showcase” my blogs, on their site.
“The Bid Idea” concluded the show with Kim Lavine, President and Founder of Green Daisy Inc. She has been nicknamed, “the Mommy Millionaire. Kim provided the audience with links to six websites that are paramount to up and coming entrepreneurs. Included in the list are SCORE, The US Patent Office, and TradeShowToday.
But….the most interesting link was www.GoDaddy.com .It was suggested that you build a website. How ironic. Us bloggers have already done that.
What I’m suggesting is, if you have a great idea, go with it. For starters, check out “The Big Idea” website. For motivation, read the stories of the entrepreneurs who have succeeded, as well as these new entrepreneurs, who are destined to be the next millionaires. Their stories are filled great tips. Learn from them, just as you’ve learned from your favorite probloggers. Take your idea to the next level.
If you’re blogging, you already have exposure. Get a business plan. Get a patent (if needed). Promote your product on your blog. Do what’s needed to get your product on the market. Do your homework. None of these individuals said it was easy. But, if you have an idea, and you have the belief and passion, you can succeed.
The show that aired on 7/19/07 highlighted six new ideas. They were:
Eve Alexander A manufacturer of maternity lingerie.
Chilly Jilly A shawl/sarong in a bag
iHearSafe earbuds To protect children’s ears from load music
Klip-Flops A “design your own” flip-flop
Send A Ball A gift and greeting all in one (a ball)
Vroom An “energy” candy
These are all great ideas. Each product has a large target market. These entrepreneurs all have the potential to make their first million, in a very short period of time.
My question to you is, “should you quit blogging, and follow your dream?” As a blogger, you’re part of the way there.
It’s all up to you.
Update: Due to the popularity of this post, I have also featured this subject on my second blog. In that post, I have included additional links and more information to consider, when setting up a business. It can be seen at:Observation Mountain.com
The other two sites mentioned that are “that are paramount to up and coming entrepreneurs” were
http://www.thomasnet.com – Find information on manufacturing sources
http://www.PRweb.com – A great resource for you to post your own press releases… and get noticed!
Show Notes here
http://www.cnbc.com/id/19337991
Thank you Brendan
I’ve used http://www.thomasnet.com at different stages of our business. It’s a great site that’s full of valuable information.
As mentioned in my update, I have included those sites on my other blog, plus several others for entrepreneurs to check out as they begin their journey to the “American Dream”.
Hello Barbara,
I was just writing a comment on your another post about my two sites. It is funny, because my test site I started 2 months ago had a name “my big idea”. Now it became Donny Deutsch show take-aways blog, as a consequence… I am a bit panicked what to do with the site…. lesson #1 for a Newbie, don’t just randomly start something in public….I am debating everyday if I should close it down….
I agree with you, blogging is not the way to make a big money…. luckily I love writing, but this is definitely not an easy hobby.
You should feel pretty “honored”, having chosen a name similar to Donny Deutsch, the advertising guru. They say great minds think alike. But, you are correct in saying, “don’t just randomly start something in public…”
Gosh, I don’t know what to say about what to do with the site….Any ideas, readers?
Blogging is not as easy as is claimed. It takes a lot of discipline, and you do have to love to write, and…not mind sharing what you know, for free, with others.
I know, because Donny Deutsch is such a guru, I am more embarrassed that I ended up taking advantage of his brand and not adding value. I am worried if one day he stumbles upon my site…..
Asako,
You’re going to have to follow your gut on this one, but it sounds like you already know the answer.
Hi Barbara – thanks for the link. I don’t think I’ve ever seen this program.
I must admit, I sometimes feel guilty blogging instead of spending the extra time on my business. But if I didn’t do it, I’d just be writing something else!
And I totally agree – it would be difficult to make a million from blogging alone – unless you were like that Calcanis guy, and I believe he had several blogs.
Hi Catherine,
Thank you for your input.
With blogging, we do take time away from other things, but like you, I find joy in it. I put our business first, however, at times, I would rather, just be blogging.
Big money can be made with blogs, but like you say, the ones who do, have several blogs. I would venture to guess, that doesn’t leave much time for anything else. And….they probably have a few years behind them, are experts in SEO, and have high Google page ranks.
awesome
Thank you Jordan!