As an entrepreneur and a blogger I’ve been afforded a unique outlook on the whole blogging as a business discussion. Bloggers look at blogging as something they do for fun, for creative expression, for meeting people, for making money directly from advertising and affiliate promotions or indirectly by promoting a business. Most bloggers are either not blogging for money or are self employed content publishers. While there is nothing wrong with that, and I’ve been living the self employment life myself for a long time, it’s not my end goal.
Because of my entrepreneur mindset I always look at things from a strategic business point of view, not an employee mindset. This attitude has led me to study business strategy and systems and implement what I learn both in my business and in my blogging. I doubt there are many other bloggers out there who think and act as I do in this regard, which is why I enjoy writing about blogging as a business model so much - it’s not territory many people cover since they just don’t think about it.
Today I have a topic for you that clearly is from the entrepreneur mindset and if your goal is to use blogs for business, possibly as your business (the blogging business model), as a lead generator for your business, or as a cashflow source for bootstrapping your business, you will definitely find the ideas below of interest.
How To Leverage The Talent Of Others To Help Grow Your Blog
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Welcome to the next article in my series on blogging as a sustainable business model. In part one of this series you learned about the staple monetization strategy that most probloggers use - creating content to bring in traffic and increase income.
Using the example of Darren Rowse in article two, I concluded that despite the fact that a few top bloggers earn a full time income blogging, and even more money in the case of Darren and bloggers like him, it is still not a sustainable business model when so much responsibility for output rests on one person. In the previous article before this one I listed some of the advantages that many top bloggers enjoy, which the average person does not.
If you have not read the first three parts in this series please do so before continuing with this article.
- Part 1: Is Professional Blogging A Sustainable Business Model?
- Part 2: Do You Have What It Takes To Be A Professional Blogger?
- Part 3: The Advantages Top Bloggers Have That You Don’t
Points of Leverage
The problem with the current model for professional blogging is the lack of a strategy that actually leverages the content = traffic = money equation in a non-linear way. Most professional bloggers apply the time = money formula directly to the content = traffic = money formula, placing a big limitation on the total output possible. This as I mentioned is self employment applied to blogging. Blogging is not a bad job, but it is still a job - and you may not want a job forever if you share my belief that happiness comes from freedom.
What we need to do is create a model that doesn’t restrict content = traffic = money, but instead exponentially multiplies it, and to do this we need to finds way to leverage our resources.
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