If you find an idea that makes money, thats great! If you find an money making idea that generates residual or passive income, that is even better! Even better yet is find something that earns residual or passive income that can be repeated over and over! That is why I love blogs! They moake money, and the model is easily repeatable. I have learned so much a long the way. I have money coming in from Google Adsense. I have money coming in from Amazon.com sales. And I just signed up for Kontera, and am awaiting approval.
Another thing I have done is set up yet another blog! My new blog is how-to-home.com and will cover work around the house. I already had a ton of posts that I had done in this blog. I have moved them over to the new blog in an effort to focus this blog more on making money and investing.
With anyluck I will be approved for Kontera, and I can play with those ads and see if they earn me any more revenue. I would love to have another source of revenue. As they say, multiple sources of income!!! That is another good reason to have multiple blogs. Each one gerenates a small (or not so small) amount of money. I have so many things going on that I can write about. And Google (and the other search engines) liked more focused web sites. This way if I do some work on my house, I can post about it at how-to-home.com, and if I buy/sell some stocks, I can post about it here. It will mean more money in the long run. And making more money is a good thing!