Not so long ago, blogs were set up purely hobbies; a place for budding writers to talk about their likes and dislikes and connect with likeminded people. However in the last few years, things have changed dramatically. Companies realised just how influential bloggers could be, and now are happy to pay well to collaborate with them. This means that a site that was once your hobby could quite easily become your sole source of income. But of course there are things to consider. Here are a few of them.
Your blog is already earning regular income
It’s not just a case of setting up a blog and waiting for the money to come rolling in. Building up a blog to the stage that people will pay to advertise on it takes a lot of time and effort. If you started your blog as a hobby you have an advantage as chances are you’ve already built it up to this stage. But before quitting your job, your blog should be earning you regular money. You should have a number of clients that give you regular work. And be receiving one-off jobs often enough that you could comfortably pay your bills. Have a look at your earnings over the last few months to work out if you’re at a point where you could live off your blog.
You have a backup way to earn money
When it comes to any kind of self employment. The work is never guaranteed which can mean it’s always scary becoming a full time blogger. Even if you usually earn well. There will often be quieter times when there’s not as much work coming in. And for this reason it makes sense to have a backup option. A way to earn money when your blog is a little slower so that you can still afford to pay your bills. Freelance writing is a good option, there’s usually plenty of work available on freelancing sites and you can take on as much or as little as you like, whenever you want it.
You know that this is the direction you want to go with your career
Taking the leap from being an employee (with regular wages and employee benefits such as holidays and sick pay) to working for yourself is a huge and scary move. You might be leaving a role that put you on a career path that you thought you always wanted. Before handing in your notice, think things through carefully and be sure that you’re happy this pursuing this as your career. Speak with friends and family, you could even have a tarot reading done and see if this gives any insight as to what your next move should be. The future of blogging is largely unknown. These kinds of careers are very new and so none of us really know where they can lead. Right now, we know that blogging has grown exponentially. And that it can be very lucrative and so could be a good calculated risk to take.
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