August 24, 2006
Making Money Blogging – Digg This Guy Already
Written by: Juanchito
If you haven’t found the great website called Digg then you should go and check it out. Today I came across a an article on Digg that talks about Making Money Blogging.
The best point this article makes is: “The Consumer Generated Advertising revolution has begun and it’s time to choose sides.”
I personally side with being able to make money blogging. In fact, I’m so interested in the idea, I’ve been considering creating a blog to take care of that simple idea. I’m really just trying to decide if I should create a blog that is just called Make Money Blogging or if I should be more corporate and call it Consumer Generated Advertising.
Either way, I was really impressed that a Venture Capital blog was talking about the impact of Consumer Generated Advertising. I wonder if he might want a piece of the action. I wonder if Ted is going to let him in on PayPerPost. I wonder if Ted paid him to post that.
Ted’s got a good thing going. What I want to know is when Ted and PayPerPost are going to reach a point that they have enough advertisers signing up with PayPerPost that it is self sustaining without Ted’s company providing the advertisers. If you’re reading this, I’m letting you in on one of Ted’s dirty little secrets. Many of the PayPerPost advertisers are also clients of Ted’s from MindComet. No, I haven’t talked to Ted about this, but go to the Mind Comet website and you’ll see that many of the same clients at Mind Comet are the advertisers on PayPerPost.
Don’t misunderstand me. Ted’s a genius for seeing this opportunity. It also means that Ted truely believes in the power of PayPerPost. Otherwise, he wouldn’t risk having his clients use PayPerPost for internet marketing. So Ted, since I’m sure you’re an avid reader of my blog, how many advertisers aren’t associated with MindComet?
Either way, I think the being able to make money blogging using PayPerPost is genius. I even suggested for another blogger to use PayPerpost‘s service.
I appreciate you reading my post and commenting with insightful detail — cross-domain conversations are one of the simple pleasures of this CGM world.
Regarding your paragraph #4 of wonders:
1) Thanks for being impressed, but I’m just reading the same tea leaves you and the rest of the CGA revolutionaries are. There is value here on a large scale if Ted and his crew can balance the needs of viewers, publishers and advertisers of CGM. Most of the “big ideas” in venture come with some controversy either as “can’t be done” or “shouldn’t be done”. The winners are creative and figure out how to polish the rough edges without cracking the jewel.
2) I get paid to make good investment decisions and build great companies. As you can see by my inclusion of “(unsponsored post)” I was pretty clear that PPP didn’t pay for that post.
3) I don’t have a piece of PPP, but working hard to learn the business and see if there is a role for my fund to help unlock PPP’s potential. I’m a people backer and Ted is as talented, creative and passionate as they come. I’ll be the first to share (probably thru PPP’s community) if my “working hard” turns into something real. Until then, I call it like I see it and believe PPP is onto something.
Oh, and thanks for viral digg’ing my post!
Hi
Please tell me wether you want to swap your links with mine
Thanks
Dan,
You can tell by your comments that you are a consumate professional.
I think that an argument could be made for every company of why it’s going to fail. PayPerPost is no different.
That’s one of the biggest challenges as I’ve dealved into entrepreneurship and working with investors. Balancing my idea and naivety with someone ripping your idea to shreds. You have to take a look at the feedback you got without getting down on yourself or your idea. That’s what makes an entrepreneur a different breed.
Sorry that I missed the unsponsored post. I don’t care to look at most of those things. I read with my own filter of whether I agree or disagree regardless of compensation(or lack thereof).
Dan, keep us up to date on your investment in Ted. I’m interested to see where it heads. I promise not to tell anyone any secrets except my little blogging community.
grantu,
Just by posting a comment on my blog you’ve essentially placed your link on my website. If you’d like to add me to your list that would be swell too. I always look at the blogs of those people who post on mine and if I find something interesting I write a post. Simple as that.