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The Tom Woods Show

BONUS Ep. 572 How Can You Monetize a Blog?

The Tom Woods Show

Tom Woods

Politics, Economics, Libertarian, Government, News

4.83.3K Ratings

🗓️ 17 January 2016

⏱️ 35 minutes

🧾️ Download transcript

Summary

Yaro Starak, a successful entrepreneur and blogger who earns a five-figure monthly income through blogging and product creation, discusses how and how not to earn an income as a blogger. Consider this part of my "capitalism in practice, not just in theory" series.

Show notes for Ep. 572

Transcript

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0:00.0

The Tom Woods Show, bonus episode, 572.

0:04.9

Prepare to set fire to the index card of allowable opinion.

0:09.3

Your daily dose of liberty education starts here, the Tom Woods Show.

0:15.3

Hey, everybody, welcome to the first ever bonus episode of the show.

0:19.4

Let me explain what I'm going to do with these. Maybe once or twice a month, I don't know with what explain what I'm going to do with these.

0:21.1

Maybe once or twice a month, I don't know with what frequency. I'm going to do extra episodes.

0:25.8

Over and above, the five-day-a-week show I'm already doing, occasionally I'll do an extra episode,

0:31.3

but it'll be on a topic that's a little bit off the beaten path. And if you're thinking,

0:35.8

well, this isn't what I was expecting when I signed up for the Tom Wood Show as a subscription on iTunes, well, then you don't have to listen to this one. I'll have the word bonus in big letters, and you'll know it'll be something a little unusual. So, for instance, I have a friend coming out with a book on progressive rock. And I know not everybody's interested in that, but I am, and I'd like to do an episode on that.

0:54.3

So that'll be labeled bonus, and you'll know you better scrutinize this episode a little more carefully before you tune in.

1:01.0

Well, in particular, I'd like to talk to successful entrepreneurs and people with great products and services that are helpful for entrepreneurs in the same way that I talk about people who have

1:12.5

great books that are helpful for libertarians to understand the world better.

1:16.3

So one of the topics I'd like to talk about is what you can do to monetize your online activity,

1:24.8

whether it's a blog or a podcast or whatever, what can you do to monetize it?

1:28.7

And I know that with my audience, nobody's ashamed of earning money here. Nobody hangs a hammer and

1:34.1

sickle in his house. There's no problem with that. We have no moral problem with earning money.

1:39.4

And particularly from earning money doing something you're doing already and doing something that

1:44.0

gives you pleasure. And even if you have no success at all earning money doing something you're doing already and doing something that gives you pleasure.

1:45.4

And even if you have no success at all earning money from it, it gives you pleasure in other

1:50.1

forms that aren't monetary. And blogging is one such example. Most blogs don't earn any money,

1:57.5

and most bloggers don't care. They're happy to blog or they earn other types

2:01.8

of satisfaction through blogging. But it is possible to monetize a blog, just not the way most people

...

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