The reasoning behind this is simple. If your aren’t earning money, you’re not truly “in business.” Your blog is merely a hobby you do in your spare time. On the other hand, how much revenue you need to earn to be considered a success depends on the amount of money you need to survive and the expenses your business has. Basically, as long as you still have money leftover after paying your personal and business bills, you’re golden.
Thank you Yaro for all the information. Being new to all this, I am trying to get my thinking straight. When you all speak of conversions I take it that you are talking about having something extra to sell than just having them click on adsense ads. Correct? I believe you are talking about converting visitors to loyal paying followers, is this correct? I have only been blogging a couple of months so I have much to learn. Thanks for your patience.
Now, whether you use your own name or a product name for your biz really depends on which you prefer. I recommend choosing a name that makes you feel 100% authentically YOU, and at the same time encompasses your longer term vision. For instance, if you plan to grow your team beyond just you, a product name might be the way to go. Try to include keywords related to your blog’s focus so that people have an idea what your biz is all about.
It’s hard to get noticed when you cover topics on a broad scale. Everyone has their own set of problems, and every blog is trying to solve them. What you need is a niche that will help you target a specific market in the broader topic your niche belongs in. It’s important for you to define your niche before you start blogging or in the early stages of your blog, at the very least.
How frequently should you write new blog posts? I think the real question here is How frequently CAN you  write new posts on the regular? If you can commit to writing a new post once every 2 weeks for now, perfect. That’s your magic number. Over time I recommend ramping up to once or twice a week as you get comfortable with your blog schedule. Whatever you do, please don’t write 6 posts in 2 weeks and then disappear for 3 months! Creating a schedule and then sticking to it is sooo key when it comes to building trust.

Create an online store if appropriate. If you are an arts and crafts blogger, create a shop through etsy or another service for selling your artwork. If you are a writer or illustrator, search for a website that will sell T-shirts with your slogans or drawings on them. Many blog topics are not easily tied to products. You don't need to sell anything to make money, but if it fits your blog, do it.
Just make sure that the e-book builds on your blog output—don’t simply rehash what they have already seen! After all, these people are now paying customers and will get upset with old information. Later on, as you become more established and your archived material becomes more extensive, you can poll your readers to learn what topics they’d be interested in learning more about and interested in purchasing.
What is your ”spin”? To set yourself apart from the crowd, you’ll need to do something different and interesting with your content. Will you have an interactive focus? Focus on bizarre day-to-day news events instead of celebrity dish? Whatever you choose to blog about, make sure that you have ways to approach it creatively and that you can consistently offer new, exciting content.
Second job, anyone? In America, two-income families are the norm but think of the havoc it wreaks on your daily life. You’re so exhausted by the time you get home from work; you barely have enough time and energy to make dinner and help the kids out with their homework. Even that becomes difficult if you work at more than one place, whether evenings or on weekends.
Great post, blogging is hard and consistency is required. We run a Nature and travel blog and I think the most important thing we tell people is to start blogging with a purpose, Do not just start and end up soon. Niche is key and many miss out on that because they want to cover and do it all. Do not just start a blog because you think you will get rich quick and be able to travel the world. It takes a lot of work and lots of time.

Best part about this book: the updated 2014 edition, which is what I bought. The blogging environment was a lot different back in 2010 - 2012 (and a lot easier back then), so I knew that books written back then would be out of date for me for now. Ruth's book was one of relatively few books that had been written or updated in 2014 and onward. Very well done, lots of non-obvious tips and tricks, and lots of clear explanation not just about HOW to do things, but WHY.
If you start constructing your blog through wordpress.COM, you will likely spend a lot of time picking a theme and starting to write and organize your posts, only to discover that wordpress.COM does NOT support any ways to monetize your site. You can NOT place any adds on a wordpress.COM hosted site. Of course, that defeats the whole purpose of having a "blog for profit".
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