Comments on: Blog Income Report – September 2008

By: Greg Ellison

Greg Ellison — Wed, 05 Nov 2008 23:34:38 +0000

keep up the great work. Thanks Greg Ellison

By: Keral Patel

Keral Patel — Sat, 25 Oct 2008 06:38:46 +0000

My strategy is stop reading and start doing.

By: Matthew Clark

Matthew Clark — Mon, 13 Oct 2008 19:29:22 +0000

Hi Paul, thanks for the tips it is great to see people finding and doing the things they love and the tips you offer are outstanding. Keep it it.

Matt

By: Bill

Bill — Mon, 06 Oct 2008 14:50:58 +0000

Paul, thanks for the analysis. John Chow makes a lot of money, but I’d much rather read Darren or Seth because I don’t think that John is the sort of guy I want to become.

By: Strategien für Money Blogger - Heute: John Cow - Blog, Geld, John, Chow, Leute, „Dot, Mogul, Image - Geldkrieg

Mon, 06 Oct 2008 12:05:11 +0000

[...] sehr interessanten Artikel habe ich auf inspiredmoneymaker.com gelesen. Es geht um Strategien und Philosophien beim Money Bloggen. Der Autor stellt gleich mehrere [...]

By: Evan

Evan — Sat, 04 Oct 2008 13:32:54 +0000

Thanks for great content. I’m left wondering how Steve does make money.

I’m really looking forward to seeing where you head with this blog.

By: Paul Piotrowski

Paul Piotrowski — Sat, 04 Oct 2008 08:14:01 +0000

@Chris Guthrie: Hi Chris, the reason I’m leaving the corporate world is because while it has some benefits like “perceived security” and “perceived stability” and I did work my way up to a fairly nice compensation over the years, I have also outgrown the “corporate rat race”.

For example, lets say I wanted to make $1,000,000 next year, I couldn’t do it. Not because I can’t provide that much value to the company, but because not even the CEO gets that kind of salary. The shareholders would have a shitfit if they saw that kind of salary on the books. At the end of the day though that had very little to do with it.

I mostly just want to have the freedom to be on my own and to have no ceiling on anything I do. I want to be able to work 16hour days for 3 weeks and then take a month off if I want to. In the corporate world I am very much tied down to the regular 9-5 hours like everyone else.

Besides that, the stuff I want to do like help people to make money doing what they love is not in alignment with the company I was working with. To be able to fully purpose Inspired Money Maker and even my affiliate marketing efforts I have to leave the 9-5 world behind.

It’s not an easy decision to make as there is a lot of risk involved, but for me I feel it is the right thing to do at this time. The $500 you mentioned, that’s a really low monthly income that only happened this month due to a bunch of restructuring I was doing in order to get ready to go full time at this. I have no doubt that I’ll make a 6-figure income from my Blog and affiliate efforts this year.

By: Chris Guthrie

Chris Guthrie — Sat, 04 Oct 2008 00:08:30 +0000

Hey Paul, first off nice post. However, I’m confused as to why you would leave your day job, “running the full time operations of a multi-million dollar corporation” when you “only” made about $500 from your blog last month.

Do you run other sites? I don’t want to come off as negative in anyway of course, I’m just asking for clarification. If you are running the full time operations of a multi-million dollar corporation I would have to assume you’re making at least six figures. Why leave that for $6k a year?

I’m sure you can explain I’m just confused.

By: Paul Piotrowski

Paul Piotrowski — Fri, 03 Oct 2008 17:50:17 +0000

@Elijah: Yup, exactly. How do you think I got my “coaching / consulting” income the last few months. It’s from people I met and coached related to my Blog. I had to actually choose to scale down that side of my business because there isn’t enough time in the day for me to work with people one-on-one right now, but I could always turn that back on if I wanted to.

The secondary benefits Blogging brings are enormous even if the primary benefits don’t make you much money. But, of course, if you provide enough value and build an audience, you can make money from both.

By: Elijah

Elijah — Fri, 03 Oct 2008 17:38:09 +0000

I really really enjoyed this post Paul!

Regarding John Chow – it’s all personal branding.. and it just goes to show how important this is, especially if you want to become a bigtime blogger. He makes his money the same way everyone else does – through his list, PPC, joint ventures, etc… I don’t know how much of a mystery that is… Maybe he owns 3000 adsense sites and really took over that boom when it first started out!!!

“Building value and an audience is the hard part, not installing plugins…”

It’s when you say those kind of things that really get my head spinning! I love it when you put things out there like that!

I’m on the approach of not using my blog as a money making tool, but a community, networking tool and it has already increased my monthly earnings to the tune of $300+ because of connections and partnerships I’ve made through my blog. But my blog itself is not where the money comes in – it’s just how I meet some really awesome people!