How to Start a Successful Blogging Business (Real Examples)06 Mar
Example 1
Blogging can be fun, but not many people know that it can be profitable and help you earn a steady stream of income. Cheo Ming Shen, a graduate of The London School of Economics, took advantage of the region’s online market and burst into the scene with Nuffnang, a simple idea that brings bloggers and advertisers in contact with each other. How does he make money? Bloggers are paid per unique visitor and Nuffnang charges a commission.
Cheo works on creating business ideas that work online and sell them profitably. He launched four internet businesses in Singapore with his partner Timothy Tiah by identifying opportunities to put advertising in blank spaces on blogs. The concept has proved popular. Cheo attributes his success by modifying on existing models that have worked instead of trying to reinvent the wheel, which he believes take a long time and require a lot of funding.
Cheo says the key to successful entrepreneurship is preparation and researching your market thoroughly and understanding the habits of your online consumers.
