I like reading money making blogging success stories and I came across one on the Herald Tribune about a Dr. Arnold Kim who has given up medicine to concentrate on his website MacRumours.com.As the Herald writes about him:
"Kim epitomizes the home-grown publishers whose wealth has been enabled by the Internet. Although few of the millions of blogs ever make their creators rich, the ones that do provide all the incentive necessary to fuel the medium."The thing that really struck home though is something that I keep saying about how to make money with blogs myself. I don't claim to be anywhere near his success but when he was asked the simple question about his website, "How does that make money?" He answered that it can all be ...
"... boiled down to one simple accomplishment: building traffic. That's it. If you have a site that attracts a lot of visitors, you will be able to make money. On the Internet, traffic equals power, which subsequently equals money."
Exactly!
Kim's website attracts a lot of traffic. In July of this year it was quoted that his site attracts, '4.4 million people and 40 million page views a month.'
This all didn't happen overnight, as a lot of bloggers seem to expect.
He started way back in 2000 plus he picked a good niche in writing about gossip, rumour and facts about Apple. It has now become one of the top technology websites.
What can we learn from this?
The recipe for a successful money making blog is:
time + the right quality niche + traffic.
Get those three ingredients, in the right amounts, and you'll be laughing all the way to the bank.
Good luck,
Mike.
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