Millionaire who wants to be one – If fairly sure if I ask the question Millionaire who wants to be one, 99% of people will raise their hand, so what I have decided to do is outline a few golden rules to get you started on your way to becoming a millionaire  internet blogger.

As I have said in previous posts and regularly in public, there are several golden rules that need to be followed when it comes to success in any medium and are especially true in the online world, following these rules will have you well on the way to answering yes that’s me, when asked Millionaire who wants to be one?

Out of all the golden rules I list below the first one Develop strong relationships is the most important and will really mean the difference between success and failure.

Develop strong relationships with as many people in your niche as possible, this not only means developing new friendships, but also developing your current friendships and relationship further. You would have heard the term it’s not what you know but who you know and this applies just as much to the online world as it does in everyday life, having a large group of dedicated friends will really mean the difference between success and failure.

So how you develop relationship & friends? Well that’s easy, using social networking websites such as Facebook and MySpace, start by inviting people you know from your niche as friends in facebook or MySpace, then expand your friends by adding 10-30 new friends daily. Getting these new friends can be found by looking for readers and boggers in your niche and then dropping them a quick invite saying something similar to below:

“I really enjoyed your blog about Investment, I too run a blog called XYZ, and was thinking we could exchange thoughts and ideas, I have sent you a facebook friend request please accept if you are interested.”

Just imagine adding 10-30 new friends per day to your network of friends within no time you should have a few hundred and even a few thousands. Now look at the ability you will have to market your blogs and websites, the opportunities are enormous, from being able to send out updates about your blog to informing your friends of what you are up to, promoting new niche related products, programs, and information.

Another great idea is to add a Facebook profile badge to your blog and encourage visitors to add you as a friend

You will see my Facebook badge at the bottom of this post under the title about ben.hoffman, I have also added it to my about page.

Now that you have all these new friends you need to maintain and develop these friendships further, you can maintain this friendship by replying to their friend request with a thank you then continue with a very brief introduction outlining your blog, who you are, and confirming you would like to exchange niche related ideas with them.

Ensure all your posts are high quality and consistent.

You don’t need to be, and not everyone is a Pulitzer award winning writer, but taking a little care to ensure your posts are clear, concise, and are free of spelling and grammatical mistakes is critical. In my experience the only way to achieve this is to double and triple check your writing, and then after triple checking, before posting I usually take a break to do something else for a while. Finally I return to my post and do a final check. Having this break before publishing takes your mind away from your topic and allows you to look back with a slightly different prospective and benefit of time, I am amazed by the mistakes I pickup on and the improvements my post. Give it a try and let me know how it works for you!

Multiple Revenue sources

As I have mentioned on many occasions, multiple revenue sources really ads the cream, jam and icing to the cake, boosting by many times what you can earn from a single revenue source.

Given my example if I solely relied on Google Adsense I would only be earning $3,000 per month across my network of websites. With the addition of multiple revenue sources such as Text-link-ads, WidgetBucks, various affiliate programs (PepperJamNETWORK, AzoogleAds, and Commission Junction) and most importantly private ad sales my monthly revenue is five times of what I earn from Google Adsense.

Multiple revenue sources also allows you to trial and test new revenue generating programs, and networks, to over time optimize your blogs total earnings.

Develop your RSS Readership

Promoting your RSS feeds and developing your RSS readership is another golden rule which is often overlooked. If a visitor subscribes to your RSS feed it means they will never looks your blog and will most importantly return in the future. If you can encourage even a third of your blogs visitors to subscribe within no time you will have a huge daily readership that many bloggers will envy.

Generate Buzz

Today there are literally millions of Blogs on the internet, each vying for valuable readers, and a piece of the internet revenue pie. So the only way to be noticed is to generate Buzz by thinking outside the box, which can easily be achieved by ensuring your content is exciting and well written, a few buzz strategies you can use include:

- Partnerships with other Blogs and Bloggers, which may include guest writers, link swapping/sharing.

- Tools and content that draw additional visitors via Google and other blogs (link bait)

- Competitions, everyone likes things for free, which is why competitions can help to generate heaps of buzz and visitors.

- Forum attached/associated with your blog, are great because they have a life of their own with content generated by its readers/members.

Keyword Domination

It’s a fact that the majority of new visitors you receive will be via Google (75-90%), especially when you are starting out. So it’s extremely important that the posts you publish are keyword optimized so that you receive maximum visits to each and every post. Performing keyword and phrase research will allow you to find key phrases that have a high volume of searches yet with little competition from other blogs and websites which will in effect increase your total number of visitors.

I traditionally used to do Keyword research manually which was extremely time consuming, but in recent months I found a tool called Micro Niche Finder, which is the best Keyword research tool available on the market today. You simply insert your desired keyword or phrase, then Micro Niche Finder will then spit out, similar keywords and phrases, after which you chose the ones you like and use the tool to get statistics like the number of searches the key phrase has per month, the number of competing pages, and a Strength of Competition (SOC) Score, which basically tells you how optimized those pages are for a key phrase.

This tool is a must if you are looking at getting into blogging to research which Niche to start blogging about, and to optimize your posts for high traffic/low competition keywords.

For anyone into blogging, internet marketing or affiliate marketing, I highly recommend Micro Niche Finder. For a great video introduction on Micro Niche Finders potential, sign up to receive the Micro Niche Finder video.

Look for new and innovative ideas to give your identity and blog the edge, some examples I can give include:

• Being a blogger you are considered media or press, so sign up for press releases, and express interest in events organized by companies in your niche. Also send offers to companies to review their products, this is a little hard when your readership is low but it can’t hurt to try.

• Over the years I have attended many cool media events and product launches for nix because I have demonstrated I can help to widen the exposure and awareness of a companies’ product and marketing campaigns. When attending media events remember to develop those relationships, chatting with everyone, taking down their details adding them into your Exchange/Outlook contacts and inviting them as a friend to your social networking websites, such as facebook.

The coolest media event recently attended was the Launch of Singapore Airlines Airbus A380, allowing me to write some great content for my Business Travel website The Business Travel Guru and also allowing me to create some great relationships.

• If you promote a product or service of another company, let them know, and who know you might end up with a mention that company’s website.

• Start Video blogging Video blogging is the next big thing in the blogging world giving yourself and blog an extra personalised dimension that your readers will appreciate.

I cannot say I am a millionaire from blogging yet, but using the above rules has allows me to say I am well on the way to becoming an internet blogging millionaire, if I am asked Millionaire who wants to be one?

NetMoneyFAQ loves comments, if you would like to add you thoughts suggestions or tips related to this post please do, Also I highly recomend you subscribe to the NetMoneyFAQ RSS Feed so you get the latest posts from NetMoneyFAQ.com as they are Published.