Then I have a secret for you. IT DOESN’T MATTER! It’s not about them and beating them. It’s about you and others like you and me.
Sure, the advice that the A Listers give us is great and there are tons of money making ideas there. But here’s the thing – the view from the top is very different then from the bottom.
They may think that they remember what’s it like at the start. And they may even remember many things correctly. But they also forgot a lot. The situation has changed strongly. And sometimes, the way they tell you about how they started and got there, can take you in the wrong direction. Don’t believe me?
Take a look at this recent post by Darren Rowse. See the casual mention of posting frequency on his way up? 20 blogs and 20-40 posts a day. Be sure to check comment section and all the “Wow! 20 blogs, 20-40 posts a day! Now I know what it takes to become Problogger” comments.
But do you know what most of these 20-40 posts a day looked like? Check out here and here. Can you see a lot of good original content? With 20+ posts a day, there’s little hope you’ll be able to do much better.
There might be some value in aggregating all these reviews and excerpts of various articles in one place. But today’s feed readers, Google News or even del.icio.us do a much better job at that. Aaron Wall almost called these blogs a spam already in 2005.
The “review/article quoting” techniques could sometimes have worked in 2004 and may even continue working on an old, trusted domains for some time. But even then a lot of the effort was a waste of time. Most of Darren’s earnings came from a very few blogs.
And it is a sure dead end for your brand new blog empire. You will just get buried by all the automated Made For AdSense sites/scripts churning out thousands regurgitated feed pages a day.
But how many know that? And how many get the dollar signs in their eyes after reading Six Figure Blogger post, find a perfect formula - 20 blogs x 20 posts a day = I’m rich in a few months, and get on their Problogging path? Maybe not much. But there are some.
I know. I was one of them. And still have more then 20 domains collecting dust in my Godaddy account, to prove it. With keywords ranging from erectile dysfunction drugs and personal finance to web conferencing and web 2.0.
Do you know, that your beginners account about how this 20 blogs/20 posts a day thing is not working, might have led me to find the profitable blogging strategy few months earlier?
So for me, your brand new blog about how you struggle to earn a million online may be as interesting and useful as any blog from Technorati 100. I may learn how to survive without AdSense income, I can empathize with your troubles in setting and achieving goals, or I can use your blog as a benchmark for my own progress.
It’s much more interesting to read about your experiences when you went and did it, then it is to read a nice tutorial by an accomplished blogger/entrepreneur/affiliate marketer.
Even if it’s a detailed, persuasive step by step guide how to start making money in 24 hours and less. You know when I read this particular guide? Almost two months ago. And I’m 99% sure it’s true and 99% sure I could do it. You know what I did with it? Nothing.
But reading your happy boast about how you took this advice and ran with it for some real $$$$$$, might be that kick in the a## that made ME do something about it. Even better will be your detailed account of how you got there. And if your story won’t push me over the edge, maybe the next ones from Jim, Jane or John will.
So don’t worry about being late in the game or the competition out there. If you are itching to start this new blog about your online money making ventures, just do it. If you already have one, keep on going.
After all, what do you have to lose? Regrets of 2010 that you did not start this thing in 2007? Envious look at the list of Biggest Google Whores of 2009 – Mark, Dave & Jay, Empress, Kumiko, Brendan, Rene, Chee, Jake&Kelly, Jake, Mitch, Mike, Nate and all these others that you could have started with? Or the dreadful amount of competition that will definitely spring up in a few years?