How to make money from a blog with low startup costs?
Your question reminds me of the situation when I first started. You’re in the right frame of mine, starting at a low cost. Writing a blog to earn money is a trend that is getting popular. It’s not exaggerating to say that some people make millions off writing blogs. Let’s see how.
According to your question, you are yet to start writing. The following points may be of great help to you.
1) Select Your Niche
Before writing, select a niche with a lot of demand and money around it. Real estate, health, and fitness, self-improvement, etc. After selecting one, look for similar blogs. If possible, network with famous bloggers. Those conversations will tell you a lot about the writing styles, structure of blogs, content, etc. that readers usually like. Don’t copy anyone whole-cloth, but you may adopt or develop your own style by learning from successful bloggers. The goal is to have an idea about the type of readers you want, and what they want in a blog.
2) Create Your Blog
Once done with the basics, you may create your blog, and it need not necessarily be on a WordPress site. This page might help. Most of these blogging sites have built-in monetization for writers who do well.
The above steps can help you to start. Frankly, I do not believe in reading tons of steps before starting something. Keep it simple to start. As Tim Ferris puts it, adopt a low-information diet. Learn about one thing and then try it, then another when you’re ready, etc. Otherwise, it’s easy to get decision paralysis, where you’ve learned so much you don’t know where to begin. Once you start writing, you will be learning new things and getting new ideas almost every day. What matters most for earning money is to get readers for your blog. You may also call it as marketing for your blog. No doubt, it’s the quality of your content that matters most. Still, you can always improve. It is an aspect that most bloggers either overlook or do not take appropriate measures for satisfying and encouraging readers. These online readers are known as web traffic. Some bloggers spend a lot of money on that and get discouraged at their costs compared to their daily traffic.
As per my experience, I take seriously the age-old saying “A stitch in time, saves nine”. In other words, address the traffic problem as soon as possible and blogging will become a lot more fun and profitable.
I earn a handsome amount of money through a set of techniques called One Minute Traffic Machines. OMTM is a several-hour-long video program teaching you how to get free traffic from just a few minutes of work per day. It can be of great help to you as you may come up with the desired results much faster.
Make wise use of startup costs by selecting a good niche, studying it, forming a network, and constantly improving a little at a time. You can make lots of money with the right application of proper techniques. Above all, it’s your hard work and dedication that will help you in pursuing what you desire.