Yakezie.com

Anybody who says, “A blog is not a business” most certainly does not have a very lucrative blog. I firmly believe that having a blog is one of the greatest businesses in the world for a variety of reasons.

But before I get into why a blog is a terrific business, I want to first highlight what people think about when people refer to businesses. Here are some examples:

* A clothing store. Super low margin business due to rent, manpower, and cost of good sold.

* A barber shop. An unscalable business that is also low margin due to rent and manpower.

* An auto body shop. For the amount they charge to fix a dent, this should be a massively profitable business. But due to PP&E, rent, and labor costs, the business isn’t as lucrative as you might think. There are also health hazards to deal with due to the paint.

* A roofing company. A very low margin business that’s dangerous and labor intensive. Not scaleable and not sustainable on your own.

* A software business. A fantastic, high margin business that can produce recurring revenue through new releases.

* A drop shipping business online. A nice business that doesn’t hold inventory. Read More

The following is a great post by MyMoneyDesign.com who is building up his own blogging business. 

Earlier this year Business Insider ran a story that described the 10 ways that rich people think differently. For the record, they defined “being rich” as having an annual income of $160,000 or greater and a liquid net worth of $3.2 million or greater. Though there are lot of good habits that can help people become wealthy, one of the more common ones is the fact that a lot of them were business owners who started their own businesses.

Being the owner of a business is significantly better than being an employee. In one situation you trade your labor for a wage. But in the other you get compensated for having a property that others need.

Being an owner is scalable. There is no limit to the number of money making assets you can have. But being an employee is not. No matter what your wage is, you’ll always be constrained by the limitation that there are only 168 hours in a week.

Even though you may think you don’t have any grand business ideas or great inventions that anyone will ever want, I’ve got news for you: If you own a blog, you’ve probably got more of a chance at joining the financial free than you think. Here’s why.

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I was doing some financial housekeeping the other day and I realized my online company’s operating profit YTD finally outstripped my day job income from the very last full year. I was excited not so much by the amount, but because I had finally proved to myself that I could finally make something sustainable on my own. Creating something from nothing is a thrill.

Financial Samurai and the Yakezie Network started in the summer and winter of 2009. We’ve all heard that most businesses fail within 5 years, so getting over the 5 year hump is definitely something I’m pleased about. It’s been a fun and long road since then – lots of failures, lots of conflict, lots of stolen ideas, and lots of doubt. I’m not sure I’d be as appreciative of my situation now if it wasn’t for a lot of problems in the past.

It wasn’t until 2012 that I decided to focus more attention on making online revenue since that is when I left my job. Before then, I was just writing for the fun of it. I still write mostly for the joy of writing, but there’s a little more business strategy involved now. Writing for leisure and connecting with other people online is probably what saved me from quitting. I think most of us blog because it’s a rewarding experience unlike any other. Read More

In early 2014, there was a lot of buzz that Guest Posting was dead thanks to Matt Cutts from Google saying that a lot of guest posting is just spam.

I seldom host guest posts on FS because most of the inquiries are thinly veiled advertorials or indeed spam. My average guest post hosting frequency is probably one every 1.5 months over the past five years. But for the SEO industry to go in a tizzy and say that guest posting is detrimental to your site is just ludicrous. I swear to goodness, if I wasn’t a blogger, I’d be an “SEO expert” because they have successfully been able to make a ton by making clients do things, and then undo things, and then do new things, and then undo the new things!

Remember, if an SEO is such an expert, why doesn’t s/he have her/his own site to make tons of passive income? Passive income is clearly superior than active income. I play poker with a couple Google middle managers in the search department and they consistently tell me about crazy stories some webmasters do online to try and game the system. Beyond basic SEO, there’s nothing much more you need to do! Read More