Here’s an awesome blogger’s money map from ProBlogger. Basically, it already explains how to maximize your blog’s income potential by utilizing different offline and online income streams. I’m sure a lot of bloggers out there are only utilizing one income stream, which is AdSense. AdSense is great, no doubt, but if more than 95% of your income is taken from AdSense, then you’ll be in trouble if this suddenly gets cut-off. The purpose of the money map is to let us not focus in one income stream, which is not to put everything in one basket.
Currently, if I based my income streams on the map, I have 3 sources of online income streams. That would be in Services, Advertising and Products. In services, I have been using freelancing, design and donations. In advertising, I have been making enough with Cost per Click (CPC). And in products, I have published an eBook and printed book, which can be bought online. This year I will be looking for more ways to increase my services. We really do not need to have everything in what the money map presents. You can start with one and stick to it till it earns, and then do another one. When you think you have enough online income for your needs, then look for ways to improve your existing strategy.
I have been a blogger for over 6 years now, and I have seen many bloggers quit this field because they were discouraged with their income in the beginning. My advice is to stick with it till it earns, because when it does, getting another possible online income stream will be a breeze. Again, never put everything in a single basket. Diversify your sources of online income; this way when one gets hit by bad luck, you can still move forward with your life while at the same time fixing the income stream that was badly hurt.