Confessions of a Six Figure Professional Blogger

Make Money Blogging? Here’s The Blunt Reality…

January 18, 2010 | Make Money

I have a new video for you today.

Some of the things I talk about in this video are:

  • Why do SOME people make good money  while many others don’t?
  • Do marketers make more money because  they are scammers?
  • How can you turn your blog into a funnel which generates an income?
  • What is the blunt, honest truth about the business of blogging?

Picture 1-6

To watch the video, click here.

After you’ve watched the video, come on back and post a comment to let me know what you thought.

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  1. Reality Check: A Blog Is Not A Business
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  4. Can Blogging For Money Weather The Recession?
  5. Legal and Tax Aspects of Professional Blogging
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  • I've been thinking about this video all week. It's time for an oil change and I'm looking for my funnel. I found it sort of weird that I didn't make it simple. It puts it in perspective when you know you are trying to make money, but how concentrated are your efforts to bringing money in. Thanks for the business inspiration.

    I read an interesting article on Copyblogger that talks about a similar situation. "monetizing a business is redundant". A true business model needs planning, accounting and research. Don't think of monetization as an after thought.

    I always knew there was a reason why my music and business needed this to coexist.
  • Ty
    Great Video! Really appreciate your no BS approach to tell us what you mean, not many people do that and it is one of the reasons I trust what you have to say more then others because I am the same way! BTW, what program do you use to get the fancy turning cube effect? Totally cool!
  • Hey David

    Nice move, added photos of video and link them to another website.

    Now I am going there and watching again.
  • David, I love the video in front of the nice big LCD going to have to give that a try give a nice professional look and feel. Also great advice as alway looking forward to your other video I must say everytime I watch your stuff I learn something. Thankyou!
  • Q: Ready for some hard work?
    A: Yes

    Q: Bringing some sweat to table?
    A: Yes

    Already followed a lot of your suggestion and steps. And it is working one step at the time. Like you say, there is no short cuts or no cheat codes.

    At least I am willing and determined to fill in the holes in my own blogging wealth gap.

    Looking forward to your info on the Blog Masters Club.

    Cheers... Are
  • I've watched the video David and it got me to thinking that perhaps I should change my writing style. At the moment I'm sort of writing as I see it, but perhaps I would be better of tackling it from another angle, that of fulfilling the readers need. Certainly bears a bit of thought.
  • You can always do both. That's what I try to do.
  • I have a question similar to Keith's, How do you decide really what it's worth?

    Oh and how big is your TV!
  • I guess your question has to do with how do you determine price for a product?

    Well, it really comes down to what it would be worth to the customer who bought it. Plus, what the market will bear. Then, competitiveness. There is really no formula for it. Which is why some people way overvalue their stuff. Usually, I see the "gurus" ask what I think is way too much for their stuff. I've paid $2,000 for courses before.... they were great, but you can tell they were pricing it bases on its value to me, not the atual value. Then, I see beginners who aren't confident in their offer low-ball their price. That shows lack of confidence. So, I say just price it for what it is worth to the customer, and always have a product that's damn good. that's my take anyway.

    Oh, and the TV is a 50". Bought it a little over a year ago.
  • James, just want to add to David's answer that market determines pricing. I always look at my competition for any business I have been in to see what services they are offering and if I can offer the same or similar service/product for an equal or even less amount (usually only less if I am competing against high overhead companies). If I can, then I move to the next step in my plan.

    Research is the key.

    Good Q&A here David...
  • Good video, David.

    I am looking at ways of making money by blogging as well, with the project I'm launching next month. It's good to have a laid out plan and show people how it's done and if they want to do it, they know it, it then becomes up to what they're willing to do and how much work they're willing to put into it.

    I loved the video.

    Re-Tweeting it now.
  • Nice Job on the vid David. Very simple yet informative information. You present it in a way that is easy to understand by most bloggers and should continue to help others for a long time to come. I know I'm looking forward to supporting you in this effort anyway I can! Thanks!
  • David, i am in the middle of reading your six figure e-book and just watched this video, I guess my biggest question would relate to knowing what information is worth paying for and what should you give away.

    It is obvious to me that "most information" will have to be given away in order to attract readers, I guess I am troubled in knowing how not to give away the valuable information.

    I am in the process of planning a new project that I think will not have a tremendous amount of competition yet there is a big market for it (I would tell you but then I would have to come to FL and dispose of you LOL).

    Anyway, looking forward to the rest of the series...
  • Always a balancing act, but I tend to lean on the side of giving away a LOT. People are more likely to pay for something when they get a lot for free from you. It is called reciprocity.

    The balance, though, is something each person has to work out. I'd have to know more about your market. But, I don't feel like dying young. ;-)
  • Thanks David, I figured that I would have to give away a lot for free, I know how I like free! After reading more of the e-book I got from you, it makes more sense for sure. I have something to offer so why not make a living from it helping others.

    I appreciate your reply, and I am more worried about all your readers taking my idea than you, I am sure you have plenty on your plate!
  • I liked this! I got it! One big thing - an AHA moment. How I have always viewed a pyramid. The uphill climb versus the funner. Very simple but eye opening! You will be seeing more of me!
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