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Blogging for Money can ease the High rate of Black Self-Unemployment
Blogging for Money can ease the High rate of Black Self-Unemployment
Blogging for money offers a valuable option for economically hard hit African-Americans to create a viable passive income stream. A new tutorial page shows those looking for online self-employment how to blog for a living with little to no investment.
Santa Sruz,
CA,
United States of America
(prbd.net)
26/05/2011
(Guam, May 26) It is a perennial problem and constant shame of American job statistics in all of recent memory – black unemployment is always higher than the unemployment rates of whites and many other population groups. To add insult to injury, the Great Recession of 2008 and beyond have hit African Americans disproportionately. More African-Americans are facing foreclosures and bankruptcies. The crisis gets worse the younger the demographic: while the general black unemployment rate is around 16%, younger African-Americans have an unemployment rate of 30% (2009 figure). Historical discrimination, institutional racism, and other entrenched political/economic and historical factors have contributed to the disparity between black and white unemployment rates.
Blacks have often resorted to self-employment as an option in the face of this statistical disparity.
However, as shown by black business bankruptcies and the decline in the general economy, the recession has weakened this option in recent years.
"Thankfully, online self-employment is providing a valuable avenue for African-Americans to pursue self-employment," says Darryl Hammond of Emergent Voice online consultancy. One particular way of generating an income online, blogging, is attracting a lot of attention from African-Americans discouraged by minimal long term employment prospects and depressed self-employment options offered by the brick and mortar world. "We are so confident of blogging as a self-employment option for African-Americans that we've consulted on a step-by-step tutorial that walks ANYONE, regardless of their technical savvy or experience, through the process of setting up a money making blog. This tutorial helps you set up your own blog easily and is focused on income generation from step 1. This is NOT about blogging for hobby purposes but offers real techniques on how to zero in on high paying niches in blogging," says Hammond. The resource is located at http://stepbystepdirections.com/tutorial/makemoneyblogging/
Blogging for money enjoys several advantages over traditional offline self-employment options:
- Blogging takes less money to start up: would be blogger can get started with only a few dollars month to cover hosting, software, and traffic costs. Many bloggers even use free online blog platforms to save even more money.
- Enjoy very low barriers to entry: unlike brick and mortar businesses which require thousands, if not hundreds of thousands of dollars and have to endure the hassle of the permits process, anyone can start a blog. Very minimal permit and regulation costs. A blog started six months ago has more than an even chance of getting bigger than blogs started way before it.
- Blogging's only limits are time, research, and initiative: If a black blog entrepreneur doesn't have much money to start blogging, she can substitute time and effort for capital. For example, instead of buying traffic, she can manually generate this traffic instead. Such substitution of time for capital is not as common in the brick and mortar world.
- Blogging inputs can be very low-cost: Even if a blogger wanted to buy traffic instead of building it organically, there are many differing sources and providers with a wide range of price points. It is quite common to start off a blog on cheaper traffic and scale to more expensive options later. The same process applies to other input types like blog theme design, programming, and other elements.
- Blogging for money is Scalable in volume and income: Unlike many offline businesses that rely on physical locations, one can easily duplicate one's blog to focus on differing subniches of the same general topic category to scoop up as much of the traffic, and income, of their topic category's search engine volume or user interest.
- Blogging offers a wide range of income streams: Although adsense ads figure prominently in how bloggers make money off their blogs, they have a wide range of revenue generating methods available to them. Blogs can generate income taking advance placement ads, running lead generation campaigns, or running affiliate marketing campaigns.
- Blogging for money can yield more passive income: Blogs allow one to post once but earn many times afterward. This is almost unheard of in many offline self-employment or employment scenarios. These ways of generating income require active effort-no present effort yields no present income.
"Blogging is a low cost, low barrier way for minority supplemental income in these tough economic times," says Hammond. "That's why we strongly encourage African-Americans and minorities of all walks of life and backgrounds to consider blogging as a low impact yet effective way to boost their self-employment income. The bottom line is that blogging for money suffers from fewer 'real world' barriers like discrimination. You are judged more for your ideas and your effort than appearance or other irrelevant criteria," notes Hammond.
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Blogging for Money can ease the High rate of Black Self-Unemployment, this step by step guide will hel you find out.
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