Thinking about starting a blog but aren't sure if you have what it takes to monetize it? Ruth Soukup, Founder of LivingWellSpendingLess.com and Elite Blog Academy joins Your Cheddar to discuss how to grow an audience online and cash in.
Soukup started her blog in 2010 and has built it into a company with over 10 employees. She's made enough money that her husband quit his job and is now a stay-at-home dad! She talks about how bloggers can define their message before monetizing. She suggests thinking of the following: Do I know who I'm writing to? Do I know their hopes and dreams? Do I know their problems?
Plus, there are over 400 million blogs on the internet so is the market oversaturated? Soukup says not at all! Yes, there are more blogs but there are also more readers with access to the internet. With advancements in technology Soukup says people are always connected and looking for interesting blogs to follow.
We may not be headed for a 2008-esque disaster, but increased geopolitical tension paired with the end of the tech boom means volatility could stick around.
The dreaded Netflix crackdown on profile sharing translated into a major boost in subscribers while the promised rate cuts seem to be a far off fantasy.
After the 2021 boom, IPO activity slowed down significantly, in part due to monetary policy – but things are getting moving again with tech-friendly companies like Iboutta and Rubrik making a public debut.
With an increasing demand for mental health services, one person wanted to change the therapy game. In 2017, CEO Alex Katz founded Two Chairs, a company that uses technology to match patients with the right therapist.