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Sorry, Your Blog Won't Make You Rich

Blogs are a dime a dozen (or, perhaps, a dozen a thousand). But don't think that just because there are over 133 million blogs out there, according to blog tracker Technorati, all of them are actually active. In fact, according to a 2008 survey by the company, of the estimated 133 million, only about 7.4 million had been updated in the four months preceding the survey.

The New York Times sought out some of these failed and retired bloggers to find out what had caused them to abandon their digital diaries. The Times found plenty of people who had just become too busy to keep a blog, whether it had been kids, school, or a job that eventually caught up with them. Others, who actually enjoyed some success, rebelled against the scrutiny and lack of privacy that came with their blogging.

The New York Times found that most, however, simply expected blogging to lead them to financial independence and were sorely disappointed when no one showed any interest in reading about their innermost whining thoughts. Judy Nichols started 'Rantings of a Crazed Soccer Mom' with dreams of book deals and a vibrant reader community. Instead the blog she started in late 2004, filled with complaints against the Bush administration and the heavily moralizing right wing, was dead by the end of 2005.

Similarly, Matt Goodman expected to be able to cash in on his novelty blog, 'Things My Dog Ate.' The site quickly was generating over 50,000 views a month and Goodman was able to sell advertising space to companies like PetSmart and E-Z Charge. However, Goodman's dreams of financial independence were quickly dashed when he received his first check of $20 for a month's worth of advertising click-throughs.

Technorati estimates that, of the millions of blogs out there, only about 50,000 to 100,000 account for the vast majority of page views. This shouldn't discourage those who just want to write and share their thoughts because they enjoy it, but those who think that blogging is going to put them on the fast track to wealth and fame might need to do a little reevaluation. [From: New York Times]

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