You have to have a lot of stamina to make continuous blog posts for the rest of your Internet Business life.

Therefore you absolutely must choose a niche in which you are passionate about but will also make you money.

You need to devote a lot of time to your blog business as blogging is very time consuming.

A blogs main purpose for the owner is to build up their authority within a niche. You blog daily making your posts reasonably long with excellent, very informative information for your readers. Hence you are showing them that you’re the authority!

Now you have to gain the trust of your loyal readers by giving away a bucket-load of free information via your blog. The thing here is you aren’t making any money yet because you are gaining their loyalty. When you have been blogging for a few months and have a long list of rss subscribers you can then start gently recommending your products or affiliate products.

Many people are happily profiting from their blogs and 5 figure yearly incomes are easily achievable if you work at your blog constantly getting more and more readers to join your rss feed. Some people are even making 6 figure yearly incomes!

However, blogging is not for everyone. Apparently 99% of people who try to attempt to make a healthy profit from a blog fail. The main reason is you have to be very diligent when it comes to making continuous blog posts on a weekly basis. If you’re blog posts start trailing off, so does your readership. You also need to know how to tastefully monetize your blog so you don’t upset your readers.

Another thing about blogging is that you have to be very web savvy i.e. you’ll need to know a bit of technical stuff to run and promote your blog to it’s best potential. You don’t need to be a programmer but you need to know the majority of the following:

• Blog publishing software
• Blog comments
• Feed aggregators
• HTML/CSS
• Trackbacks, pings and tagging
• Search Engine Optimization
• Social marketing & blog carnivals
• Partial v full feeds
• Email and traffic statistics

If you would like to see an example of a very successful blog look at http://www.fitnessblackbook.com. The guy who owns this site, Rusty Moore, diligently makes 3 very very useful posts each and every week. He has a following of 4,000+ daily readers and in July 2009 quit his full-time job to run this one blog from home, so needless to say he is making a very nice monthly income from his fitness blog.