How to Become a Rich Blogger Making Money Online
1. Study Other Rich Bloggers
When I first decided to set up a blog, I spent days researching and studying other well-known successful bloggers, and sites.
That is the first step to learn how to become a rich blogger. Making money online is a skill and you have to learn from experts who have already done it.
I learned so much! It helped me create new ideas; and, more importantly, it saved me a lot of mistakes and time.
I’m always studying other bloggers, sites, and businesses. Study bloggers, within your niche, in-depth.
Related Post:?Top Earning Blogs – Make Money Online Blogging
Look at their journey and how they started. It will give you an overview of what you can expect and help you build a timeline of your success.
Also, by learning from bloggers who have already achieved what you want, it may help to speed the process up.
Personally, if I hadn’t studied as many bloggers as I did. Starting a blog would have taken me twice as long.
2. Choose Your Niche Wisely To Become A Successful Rich Blogger
Picking the right niche can be tricky, but it’s something super important if you want to become rich and should be considered carefully.
The niche you pick will have a significant impact on how much money you’ll make. I learned this the hard way.
My first attempt at blogging was in a niche that, now when I look back, makes no sense. Here are a few tips that I found useful.
Choose a Niche Your Passionate About
It’s important to remember that, when you’re blogging, you’re going to be talking, writing, and researching on a specific topic every day. So, make sure you pick a topic you like.
This is a mistake I see a lot of bloggers making. If you don’t have a passion for what you’re talking about, eventually you’ll get bored.
Not only that, your audience will be able to tell you’re not into it, and you won’t come across as authentic as you should.
When I read a successful blogger’s post, their passion, and love for the topic are noticeable in their writing. That’s precisely the type of feeling you should want your audience to feel when they read your content.
Another point to add is that most rich bloggers become the public face of their blog. Rand Fishkin from?SEOMoz?and Brian Clark from?Copyblogger?are good examples of this.
3. Develop a Rich Person Mindset
Being wealthy is not just about having lots of money in the bank. It’s a mindset. People who make a lot of money usually understand money.
They’re motivated and confident in their decisions. If you want to build wealth and become rich, you’ll need to think like a wealthy person. Here’s how you develop a wealthy brain:
Read Books
Many successful entrepreneurs and business leaders have a book.
Here, you can find so many valuable tips and lessons; as well as philosophies and mindsets. Warren Buffett, one of the wealthiest people in the world, spends?80% of his day reading.
Well-known entrepreneur?Mark Cuban reads for 3 hours every day.
How many hours do you read?
I dedicate a specific time every morning and evening to reading. It helps me with my focus, creativity, and keeps me learning new things.
I recommend reading:
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4. Build An Email List
The money is in the list! That’s the reason why any successful blog you visit will have an opt-in email form.
I regret not collecting emails right from the beginning. When I finally did, I saw a rise in product conversions, as well as blog engagement. I also noticed my audience visited my site way more, which all resulted in… more money!
To collect email addresses on my blog, I use a service called?Lead Pages. I like Lead Pages because it’s affordable and, more importantly, easy to use! Within minutes I can create a professional-looking opt-in form.
To send automated emails out to my audience, use?GetResponse. I like the user interface, and their 24/7 customer support comes in handy.
5. Build A Loyal Fanbase
Let’s put making money to the side for one minute. Because, at the end of the day, your first intention should always be to serve your audience. Building fanbase is a crucial step on How to Become a Rich Blogger.
So many people make the mistake of trying so hard to monetize the blog, that they forget that real people are actually reading their content.
I focus on producing the best, well-researched, and well-written content as I possibly can. I want my audience to get knowledge and value from my posts, and you should want the same.
If you nail this, over time, you’ll build a loyal fanbase; that likes and trusts you.
One of my favorite reads in?1,000 True Fans by Kevin Kelly.
In this epic blog post, he explains that you don’t need millions of followers to make a living, you just need 1,000 true fans. A concept that’s proven to be true.
So focus on your audience. If you can build a genuine, loyal fanbase, the riches will follow.
6. Monetize Your Blog To Become a Rich Blogger
Okay, so once you’ve built a loyal fanbase. It’s time to start monetizing your blog – this step is essential if you want to make money.
Notice that I said?to start,?implying I wouldn’t recommend monetizing from day one. You always want to focus on the content first.
Trying to monetize too early will affect your blogging decisions. Plus, an advertisement isn’t the prettiest thing to have on your blog.
So when you’re traffic is low, the last thing you want to do is turn them off with unattractive ad banners.
There are a few ways you can start to monetize your blog:
Affiliate Programme
Affiliate marketing?has become one of my favorite ways to monetize my blog.
Unlike AdSense, where you have little control over what ads your audience sees, with an affiliate link, you can choose the products.
This way I can potentially earn a commission from the products and services that I use & love, and I know my audience will also love.
Amazon affiliates programs are a great way to start. For example, if I mention my favorite camera in a blog post, I can include an affiliate link for my readers to check it out on Amazon. If they buy, I make a commission.
7. Start A YouTube Channel
This isn’t an essential step. And, I know not everyone likes to be in videos.
But, if you’re new to blogging and you’re serious about becoming a rich blogger, YouTube is a treasure chest. I wrote a blog post, explaining?how to make money from YouTube.
As we move deeper into this advanced world of technology, video?content is being demanded more and more.
And, unlike Google search, there’s tons of opportunity to rank for keywords on YouTube. Not to mention the untapped potential of people who don’t read blogs.