| There are many posts here about people making money off side projects or businesses they manage on their own, but it seems like almost all of them are selling a product or a service.
I'm wondering if anyone is making substantial money from a site that just generates content (and isn't selling a service/product) ?
(Looking for examples of people doing this on their own, not big companies running news/content sites) |
I knew enough about media planning to not bother trying to monetize my content; the ROI would never pay off if that were the goal, and I'd caution against it, unless you already have an active audience in the 10,000+ range who is anxiously waiting to hear your personal thoughts about a specific topic.
The likely outcome is farther below your expectations than you're likely to guess. We're talking thousands of hours before you make hundreds of dollars. And the income from this activity is the opposite of "passive". Content creation is the least scalable activity you could engage in.
The strategy that worked for me - and works for nearly everyone who sticks with it for something like 18+ months - was to use writing (or other content creation) as proof of expertise, seriousness, and passion. Proof that you're an interesting person worth listening to about something that's important to someone else.
My blog dramatically accelerated a career, led to important new business relationships, speaking opportunities, and let me do consulting projects (which often generate more revenue in a week than a site could make in a year).