Episode•March 2, 2023•19 min

How To Make Money Blogging With Chris Myles | Ep. 209

Do you want to know how to make money blogging? Chris Myles is a blogging expert, and he will tell you how! Chris shares his top tips for making money from your blog in this episode. You don't want to miss this! Want to buy or sell an online business? Check out Flippa at https://moneytalkwitht.com/flippa (affiliate link) Check out the full show notes: https://moneytalkwitht.com/podcast-show-notes/how-to-start-making-real-money-blogging/ About Our Guest Chris Myles is the founder of a successful online business. When he and his wife discovered they had their first son, she wanted to quit her job to give him "mommy-care" rather than "daycare." Chris started building blogs and affiliate niche sites to replace the income she was bringing in. He struggled for a long time but eventually cracked the code. He quit his corporate job and has been doing this full-time for over seven years. His favorite saying is, "Do something now that your future self will thank you for." Those are words he lives by, and he hopes they can be helpful to you as well! Connect with Chris Website - https://bloggerevolution.com Instagram - https://www.instagram.com/chrismylesofficial/ Connect with Tiffany Facebook: Money Talk With Tiff Twitter: @moneytalkwitht Instagram: @moneytalkwitht LinkedIn: Tiffany Grant This podcast uses the following third-party services for analysis: Podcorn - https://podcorn.com/privacy OP3 - https://op3.dev/privacy

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Key Takeaways

1
Website investing is digital real estate that can be bought and sold like physical businesses
Sites are valued at 30-50x monthly revenue (e.g., $1K/month site worth $30-50K)
Buyers can immediately change monetization and start earning revenue the next day
No overhead like physical stores - start with domain and hosting for under $20
2
You don't need to be a great writer to succeed - just be more helpful than existing content
Google rewards thorough, accurate content that ranks in top 3 search results
Add depth, visuals, and videos to existing topics to leapfrog competitors
Focus on being helpful rather than perfect writing quality
3
Affiliate marketing allows monetization with minimal traffic compared to display ads
One sale generates commission vs. needing volume for ad revenue
Display ads average $20 RPM (revenue per thousand visitors)
Consulting and sponsored placements offer additional revenue streams
4
Building authority through backlinks is essential for Google ranking
Network with industry brands and swap content for backlinks
Google values sites vouched for by established entities
Good content + authority = increased traffic and rankings
5
A strong 'why' is crucial for persistence through challenges
Chris built his business to allow his wife to stay home with their son
Money alone isn't enough motivation - need deeper personal reasons
Planning and diligence (like sacrificing Netflix time) are required for success

Intro

Tiffany Grant interviews Chris Myles about website investing and how to monetize blogs, exploring the concept of digital real estate and building profitable content sites.
Chris Myles is the founder of Blogger Revolution who quit his corporate job after building successful blogs and affiliate niche sites. He now runs his online business full-time for over seven years, helping others build profitable websites.

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– What is Website Investing?

Chris explains that websites generating income can be bought and sold like physical businesses. A site making $1,000/month is worth $30,000-$50,000 based on industry multiples.

It's the same difference with a website. You can build a website from scratch... for less than 20 bucks.
– Chris Myles

– Timeline and Investment Strategy

Building a profitable blog from scratch typically takes 12-24 months to generate $2K-$10K monthly. However, shortcuts exist by purchasing established sites and optimizing them.

As soon as you get the website, you just change out the monetization... And you start making money with it like that next day.
– Chris Myles

– Writing Skills and Time Management

You don't need to be a great writer - just more helpful than existing content. Chris recommends sacrificing entertainment time (like Netflix) to invest in learning and building.

You just have to be a little bit more thorough than what you already see out there on the Internet.
– Chris Myles

– Monetization Strategies

Affiliate marketing, display ads, and consulting are primary methods. Affiliate marketing requires minimal traffic since one sale generates commission, while display ads need significant volume (average $20 RPM).

Direct brand sponsorships for top 10 list placements
Consulting calls on niche topics
Sponsored content deals

– Anonymous Blogging

100% possible to blog anonymously using aliases. This protects privacy from employers or personal connections while still allowing profitable site building and sales.

– Growing Traffic and Authority

Success requires good content plus authority. Build authority through backlinks from industry relationships and content swaps. Google rewards sites that provide accurate, helpful answers.

Google is basically Skynet... it's to Google's best interest to serve the right answer.
– Chris Myles

Resources

Topics

bloggingwebsite investingaffiliate marketingdigital real estatecontent marketingmonetization SEOpassive incomeonline businessauthority building