Wednesday, April 29, 2009

Making Money Blogging

Blogging is a logical development of the Internet Web 2.0. People blog for many reasons (reasons why I blog). In spite of censorship and threats of lawsuits and detention by governments, millions of people continue to express their opinions on all sort of topics. In the United States, it is claimed that there are as many bloggers as lawyers which says a lot. Can blogging become a profession? In other works, is it viable for bloggers to quit their full-time jobs? Mark Penn, writing in the Wall Street Journal April 21, 2009 (Asia edition) calls blogging 'America's Newest Profession.'

Paid bloggers fit just about every definition of a microtrend: Their ranks have grown dramatically over the years, blogging is an important social and cultural movement that people care passionately about, and the number of people doing it for at least some income is approaching 1% of American adults.

We know that print newspapers are facing declining subscription. One of the possible reasons may be the perceived control of print newspaper by government and big businesses. Bloggings on the other hand is slowly developing to be a reliable independent source of information (another perception). Many newspaper columnists are now blogging. Blogging, like print is a form of media. So can we make money from blogging? Maybe only a fortunate few but things are changing so rapidly that no one knows in the future.

So one day when we ask our children, "What do you want to be when you are older?"

"Doctor, lawyer, engineer?"


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