Apparently there are over 50 million blogs in the blogosphere now, ranging from occasional bloggers like me, to full-time professional bloggers, some of whom get more readers and subscribers than many national newspapers.
If you've ever wondered how people make money from blogging, take a look at the links below.
A lot of the top bloggers who blog about Internet marketing are now posting their income reports online. The reason they do this is because it establishes their credibility, which is particularly important if you want people to 'buy in' to your status as an expert on a particular subject. By posting their income report on a blog about making money by blogging, they are showing that they 'eat their own dog food' so to speak and know what they are talking about.
Two of the blogs that I subscribe to that are seen as authorities on blogging and Internet marketing are www.johnchow.com, and www.entrepreneurs-journey.com by Yaro Starak (a fellow Brisbanite).
In September, John Chow made $20,512.17 and Yaro made $10,899.83. Not bad eh. Most top tabloid journalists don't make that much.
This is what is truly exciting about the Internet. You can literally start a business from scratch - you don't need money to make money. It doesn't cost a penny to start a blog.
I personally have decided against adding advertising on this blog. This was never meant to be a commercial enterprise - simply a means of communicating to friends and family now that I'm on the other side of the world. I have considered launching a couple of commercial blogs. I've even registered some domain names. At the moment though I don't want to commit to something when I know my website projects will be ready within weeks. If I try to do too much at once none of the projects will get the attention they deserve.