5. Start a Blog
Revenue potential: People who monetize their blog can earn $20,000-$50,000 annually.
Age threshold: 16+ (with legal permission)
Setup ease: All levels, depending on the CMS you use
Total time to first pay: A few months, but varies based on the efforts and monetization tactics
If you love expressing yourself through writing or you have experience as a freelance writer, you can become a blogger. To build a successful blog, targeting a specific niche market and audience is much more efficient.
If you publish great content consistently and apply SEO principles, you can turn your blog website into a real money-maker. For instance, you can add affiliate links to blog posts that drive high traffic or sell advertising space to other businesses.
You should dedicate time and effort to set up an online business like this. But if you have a creative spirit, this safe writing space may give you the freedom you need.
Using AI writing assistants can pivot your content creation, but keep in mind that simply adding unedited content to your blog is a damaging practice.
Here are some Content Management Systems (CMS) to start a blog from scratch, paid and free:
- WordPress: The free plan starts with limited features and no custom options. The most popular plan for freelancing is the Premium at $10/month.
- Joomla: You can start for free, but you’ll soon need to update to access top features. The annual cost for the Personal package is $99.
- Ghost: The pricing varies based on the audience you have. For example, for up to 500 members, it’s $11/month.
Lastly, you’ll also need to buy a domain name and hosting servers from registrants like GoDaddy and HostGator to host your new blog.
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