The Top 10 Investments Every New Blogger Should Make - MakintheBacon (2024)

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We’ve all heard that saying: “In order to make money, you have to spend money.”

When I first started blogging, I started on the free WordPress.com platform. I used a free theme. I used free stock photos. For almost a year, I didn’t spend any money on my blog until I came across info saying that if I wanted to advertise on my blog and be more appealing to brands, I would have to upgrade to a self-hosting option (I could be mistaken, but I think at the time, around 2012, WordPress didn’t have business plans. Please correct me if I’m wrong).

So I reluctantly decided to purchase the .net extension (makinthebacon.com wasn’t available at the time), and then eventually the .com and .ca extension.

Many people often start blogging as a hobby because it is inexpensive and it can be done anywhere.

If you’re starting at ground zero, you may be thinking:

Where do I start?

What should I invest in first?

What is worth investing in?

I don’t have the budget to invest a lot of money in blogging yet.

No need to stress, my friend.

1. TIME

This may seem obvious to many, but it may come as a bit of a shock as to how much time you need to invest.

And then you throw your hands up in the air and say, I DON’T HAVE TIME.

And I say, it’s not a matter of time, it’s a matter of priorities.

We make time for what’s important to us. Really. You can do everything eventually. But some things will go to the front of the queue while others will be put on the back burner.

When I was working a full-time and apart-time job, blogging wasn’t so much a priority back then. It did get put on the backburner a lot. There are many other bloggers who had started around the same time as me, blogging on the side (or not too long after me) and are either now making a full-time or a significant side income out of it.

The major difference was that they took it seriously from day one or not too long after they started.

I was solely focused on building my career at the time. Back then, I had no intention of doing anything serious with it. However, it got to a point where my career was going absolutely nowhere and that was the driving force to take my blog more seriously. Once I switched my mindset (i.e. take it seriously) and made the decision to schedule in the time, effort, I began to create more opportunities and more opportunities came.

Now that I am running a consulting business, despite having two other part-time jobs (thank goodness they have flexibility), I still make time to blog. Interestingly enough, I find that I am now more consistent with posting.

Why?

Because I know it’s an opportunity to educate/connect with past, current and future clients.

It’s a way for me to share my blogging experience.

And also to show that I can both “walk to the walk” and “talk the talk”.

For more reasons, check out this post on Why You Need To Blog For Business.

2. EDUCATION

I will openly admit that I was pretty naive when I first started blogging. I thought it would be easy and require very little effort on my part.I quickly learned that blogging wasn’t just about the writing. It had a unique blend of creativity and technology.

The education never stops and you have to be prepared to adapt for upcoming changes, whether it’s the latest algorithm for Facebook or the new block editor for WordPress: Gutenberg.

Whether it’s attending a workshop, webinar, taking an online course or listening to a podcast episode, take some time during the week for personal development. It will help your business in the long run.

3. BLOG NAME

If you have a business, then your blog is usually your business name. Some general guidelines/best practices for both when choosing a name:

    • Short (ish) – i.e. Nike
    • Easy to read, remember and spell (I will NEVER use my married last name for a blog or a business)
    • Many people use a word to describe their business as part of the name i.e. (Origins Media Haus) or use their own name
  • However, it doesn’t have to describe what the business is (i.e. Lululemon, Warby Parker)

4. WEB HOSTING

You’ll often find posts that recommend certain web hosting providers because they are affiliates. After having gone through a few, I recommend choosing one that suits your needs.

Some things to think about:

Does your site receive a significant amount of traffic every month?

Is your website loading really slowly? (This can be due to a variety of factors, but who you host with can also play a role)

Does your site run on WordPress? (Look for web hosting providers that specialize in WordPress hosting)

Security and Support – you’d want a provider who has security add-ons, provides frequent backups, has responsive tech support

5. PHOTOS

Whether they’re free stock photos, paid stock photos or your own brand photos, make sure they’re somewhat decent.

6. SEO

Again, yet another thing I waited a few YEARS to really learn. I’m relatively familiar with the On-Page and Off-Page SEO, I am currently trying to learn more about the technical side of SEO.

Some advice: Don’t be intimidated by SEO.

Take a bit of time to learn the basics and simple things you can do to improve it.By having a blog and publishing posts on a regular basis (which again is different for everyone), you’re already doing your site a favour to make it more search engine friendly.

Before you know it, you’ll go from SE-Oh NO! to SE-Oh WOW!

7.SOME SORT OF PLANNER OR CALENDAR

Developing consistency for your blog is like developing a new habit and we all know that new habits can take some time to develop.

Whether it’s digital or analog – having that content calendar can help plan your content out in advance.

8. CLEAN, SIMPLE DESIGN

It doesn’t have to be a piece of art. What it needs to be is user-friendly and easy to read. Or else nobody will want to come back to your site.

9. BUILDING COMMUNITY

One of my biggest regrets when I first started blogging was not reaching out to people initially for advice and help. I assumed I could do everything myself and that I could grow on my own (Not sure why I thought that).

Look into joining Facebook Groups, Meetup Groups or attend events, conferences to connect with other bloggers.

10. QUALITY CONTENT

I’m not an award-winning author. Heck, I’m not even an award-winning blogger. However, I do believe and try my best to put out quality content. There are a LOT of great blog posts out there. At the same time, there are also a lot of really bad/generic blog posts out there too.

It is possible to provide content that is both educational AND entertaining.

So as you can see, these investments aren’t just financial. At the end of the day, you are investing time and energy into these investments which I guess is like investment inception?

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The Top 10 Investments Every New Blogger Should Make - MakintheBacon (2024)

FAQs

What is the minimum investment for blogging? ›

Blog investment ideas that will help you grow your income:

If you are a newbie blogger, you should set a target regarding $100-1000 year as an initial investment. If your blog has already started making money, you can consider putting 50-60% of total income for expanding your blog.

How much do the most successful blogs make? ›

Who are the highest earning bloggers? (And how much do they earn?)
  • Heather Delaney Reese, It's a Lovely Life!: $175,000 per month.
  • Jeff Rose, Good Financial Cents: $135,000 per month.
  • Elsie Larson and Emma Chapman, A Beautiful Mess: $125,000 per month.
  • Alborz Fallah, CarAdvice: $125,000 per month.

What is the 80 20 rule for blogging? ›

The Pareto Principle, also known as the 80/20 Rule, states that 80% of your results come from just 20% of your efforts and activities. When applying this to your blog, you may notice that approximately: 80% of your blog traffic comes from 20% of your posts. 80% of your income comes from the top 20% of your posts.

How long does it take to make $1000 per month blogging? ›

Earning $100/mo blogging: 6 to 12 months. Earning $1,000/mo blogging: 1 to 2 years. Earning $10,000/mo blogging: 3 to 4 years. Earning $25,000/mo blogging: 4 to 5 years.

How much money is needed for blogging? ›

Main costs to build a blog review
Website featuresApproximate costCost with Wix
Blog design$0-10,000+800+ free web templates
Web hosting$0-250 per monthFree hosting with a paid plan
Domain$0-unlimitedFree domain with a paid plan
Templates$0-70+800+ free web templates
5 more rows

Can you make $10,000 a month blogging? ›

The quickest, and most effective strategy for growing a new blog to $10K/month is to sell your own products. Yes, it's possible to get there using advertising or affiliate marketing, but selling your own products provides the shortest path to big revenue numbers – with the least amount of traffic.

How much money per 1000 views on a blog? ›

The payout can range from a few cents to several dollars per 1000 views, depending on factors like niche, geographic location of the audience, ad placement, and engagement rates. Generally, bloggers can expect anywhere from $1 to $10 per 1000 views with display ads.

How much do beginner bloggers make? ›

Within the first year, bloggers can make $500-$2,000 per month. As you can see, you can earn a wide income range as a blogger. But aside from the numbers, remember these important takeaways before you begin: You can make money blogging even if you're not a professional writer.

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