Yesterday I read this great article by Yaro Starak’s blog “Entrepreneurs-Journey”.

I’ve been following Yaro’s blog for a couple of months now… really since I decided I wanted to learn about generating income online and how to develop websites/blogs.

There’s always a wealth of information on his website.

In this article “How Can You Make Passive Income Online?” he shares insight on a few important subjects.

One thing that I always get out of reading some of his articles is the importance on defining what it is that you want to develop. Like a business plan really. I had never thought of blogging that way before. On my personal blog I would often write about anything at all but since trying to do some of the things suggested by Yaro and others… I’ve created a more focused blog.

A big point in this article too is that I believe it to be of the soundest advice!

There’s no “make quick money”, “money for nothing”, “it’s so simple and easy”….

It’s important to be realistic about the internet.

Your audience can be HUGE online
- That doesn’t mean it’s a sure bet
- That doesn’t mean you’re not gonna have to learn
- That doesn’t mean you’re not not gonna have to spend hours working on your project
- That doesn’t mean that you’ll make millions

But at the same time, you very well succeed and make millions. Many do.

It’s important to be realistic

I’ve been self-employed and a small business owner for 3 years out of the last 5 and have had some success, at times it loooked VERY promising, at times it looked totally like it was gonna flop. I’ve had highs and lows both in business and my personal life in this time.

An online venture is no different.

My favorite quote from the article may sound bleak to some, but I take it as realist. And there’s a positive.

“Failure As A Path To Success”

To generate income online is much like creating a business and there’s a pretty high chance that it will require lot’s of time, thought, patience, effort, love, persistence…. and accepting failure or challenges as a learning experience.

Head up. So far in a couple of short months while I haven’t seen any real financial rewards for my efforts some very encouraging doors have opened for me… with the possibility of being a guest writer for a few other reputable blogs in certain “niches” and one of my blogs was recently mentioned on a radio show.

So following the simple steps I’ve learned from Yaro and others, doors have opened for me. This is still a hobby for me but I see that with work, time and effort…. anything is possible.

You can read Yaro Starak’s article “How Can You Make Passive Income Online?” here.
(Well worth the read!)