Tue 26 Feb 2008
Worry not readers, I’m not becoming a professional blogger anytime soon. However, it seems many of my more successful compatriots are. I read the other day that Trent at The Simple Dollar turned in his letter of his resignation. Who would’ve seen that coming? <END SARCASM> I thought Trent was long overdue. He’s successful blogger who clearly has demonstrated an ability to monetize his blog, but more importantly keep his spending down. He knows what his priorities are: his Ninentdo Wii, kids, and some tasty meals. Not necessarily in that order. He joins other bloggers like J.D. at Get Rich Slowly and Lazy Man (though Lazy Man did not do it quite out of his own volition) on trying to make it a go as an independent. Others such as Flexo at Consumerist Commentary remain on the Fence.
Given that I don’t read too many blogs other than personal finance blogs, I’m not sure how common it is for bloggers to go “pro”. That said I’m not surprised that so many succesful personal finance bloggers have gone pro. The mentality that leads one to write a blog on personal finance is the exactly the mentality that it takes to escape the 9 to 6 rat race. What are some of these qualities?
- A Plan
- Frugality
- A desire for independence
Personal finance bloggers even if they love their jobs almost always have a strong desire to be financially independent. This is what drives them to frugality. This I also think what leads them to write public blogs. They want their voice to be heard above the crowd, and may cause them to dislike working under the structure of most corporations.
It is highly unlikely that I will join the ranks of financially self sufficient personal finance blogerss anytime in the near future. While I may be on my way to becoming a six figure blogger, it’s six figures in Mongolian Turgiks. While I like to believe I share some of the same qualities as these independent bloggers, I also realize I have still few more things I like to accomplish at work before I could even consider doing something else. I believe blogging will be part of that something else someday, but I’ve got some other plans for that something else as well.
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February 26th, 2008 at 4:32 pm
I know I won’t go pro, at least not anytime soon. I’d rather get my own business large enough that I can quit and be a full-time self-employee.
And, honestly, I don’t see much of a future in “pro-blogging.” Google’s stock is getting hit hard today because ad hits are flat and trending down. I know that’s only one revenue stream, but I just don’t see any long-term money in independent blog/journalism on the web. But, as always, time will tell.
February 27th, 2008 at 12:27 pm
[...] While that feels a bit impressive to me, I have to keep in mind that I opened this account in 2005. That means I have earned just under $12 dollars in 3 years. Wow… I guess that means I won’t be going Pro any time soon! [...]