Blogging for Money – the Ultimate Pyramid Scheme?

Everybody wants to do it…

Blogging for money, that is. In fact, the demand is such that blogging about blogging is one of the most lucrative business models available to those on a tight budget. But has it become a pyramid scheme?

Allow me to explain…

A number of years ago, John Chow wrote:

“I make money by telling people how much money I make.”

And many “blogging coaches” teach their students to “teach others about blogging”, because “that’s where the money lies”.

The brutal fact of the matter is that there are many, many people who want to make a living online, or even just supplement their incomes from online ventures. And given the potential to manipulate social media perceptions, it is easy to present yourself as an “expert”, even if you are just starting out.

(if someone asks a question, you simply Google the answer, write a blog post about it, and post the link as an “answer”. Instant credibility.)

So…

More and more we find people who learn about blogging…

Who then teach others about blogging…

Who then teach others about blogging…

Who then teach others about blogging…

etc, etc, etc.

Blogging for Money - the Ultimate Pyramid Scheme? You decide... - introvert bloggerThe flagship product is the training, while a big chunk of money is made from selling smaller items on the side…

Hosting.

Premium themes.

Premium plugins.

Autoresponder services.

Complimenting products and services including things like keyword tools, social media management tools, scheduling tools, and more.

Additional (shorter) courses specializing in things like copywriting, outsourcing, product creation, etc.

But the big question is this:

If everybody is going to be blogging teachers…

Who will be doing the work?

I mean…

If everybody who learns about blogging is going to end up teaching about blogging…

Who is going to blog about food, travel, fashion, cars, dogs, etc?

Or is it just a matter of “picking the easy fruit” when you simply choose to teach others about blogging?

Well…

Just to put everything into perspective:

Alex and Lauren from Createandgo.co recently released their income report for October 2017…

Note:

They started with their health blog, Avocadu.com – which now had roughly 110K follower on Pinterest. Then they created createandgo.co, which how has about 23K followers on Pinterest.

(Pinterest is their main source of traffic)

You can read the post here:

Blog Income Report October 2017: We Made $74,049.44 Working From Home

The BIG thing is…

They made TWICE as much money from createandgo.co as they made from avocadu.com…

Even though Avocadu has FOUR TIMES the reach on Pinterest.

Makes you think,doesn’t it?

The bottom line is this:

Teaching about blogging is a MUCH more lucrative blogging niche than most others out there.

And THAT is why it has become “the ultimate pyramid scheme”.

Because let’s face it…

It’s just too easy.

Outsourcing on a tight budget?