Monday, December 19, 2005

Money Starts Slow Then Builds

When you start out trying to make some money blogging, there is not a lot of money in it.

I was just reading what Darren posted at ProBlogger:

If that $10 a month increases by 20% every month in a year you’ll be earning $89.16 per month at the end of the year. Of course that sounds small for a year’s work and I’m sure many bloggers would give up at that point but lets take it further.

If earnings continued to rise by 20% per month for another 12 months and you begin to see the power of exponential growth with a figure of $794.96 per month. Do it for another year and the figure is $7088.01 per month.

It’s going to take years to start really making much money blogging, that’s just the way it works.  But I think Darren’s numbers are correct, if you can keep working and increasing your traffic by 20% per month then after a couple years it starts to add up to something.

Link to article:  problogger.net

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