Now this is a big question and the one which most people do not answer, as they are so excited about the SUPER KEYWORD they found.
A while ago I created a blog post for you, where I was talking about the top online resources every online marketer ought to have. You can read it here.
But, the initial idea is that you need to calculate how much money you will need to spend until you get the first income.
For example, how much you will need to spend on domain, hosting, design, initial content, link building and other things (it all will depend on the purpose of the website).
The problem is that most people are not prepared to invest anything in this business and they think that the results will come for FREE.
Napoleon Hill in his famous book “Think and Grow Rich” said: “There is no such thing as something for nothing.”
So, you need to be ready to invest some money in business, if you want to make it work.
Of course this is part 7 of 8 of blogging 101.If you like this you will also love the rest of the parts.Check them below:
Part 4:Who is your ideal customer
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