There are so many bloggers out there who decided to make blogging their business. Many would say that these bloggers are lucky. We now see them plastered all over Instagram and even on high street beauty campaigns through sheer luck, right?
Well, that’s not really the case! You can bet that they worked their bums off to get where they are now. They made sure their content was high quality and consistent again and again, they invested in great equipment and took high-quality images, they even worked a full-time job while blogging on the side. They treated it like another job. For that reason, they became successful bloggers.
Anybody can do it, but you have to be willing to learn, work hard, and get better. Below, you’ll find some crucial things to have in place before you make your blog your business. Take a look!
- A Cash Cushion and Emergency Fund
Going full time with your blog can be scary, but many bloggers get a feeling when they know it’s the right next step to take. However, you should have both a cash cushion and an emergency fund saved up to give you peace of mind. If you have a full time job now, stop buying luxuries and start putting as much money away as humanly possible. Ideally, you’ll end up with 3-6 months living expenses, as well as an emergency fund just in case you have a problem with your car or some other emergency.
It can take time before you’re making money from blogging, so you need to be sure you’re protecting yourself.
2. An Effective Invoicing Process
You may be asked to provide content for other companies. Bloggers can make cash in a few ways, and this means you need an effective invoicing process. You have to be vigilant and clear when you send invoices, as you do get people who try to avoid paying on time, or paying at all.a
Insurance might not be the first thing you think of, but there are a few different types you’ll want to consider. You may want to insure any expensive equipment you own. Liability insurance could protect you depending on the situation too. You can read more here about different types of insurance. Some bloggers don’t get it at all, so it’s up to you.
4. An Account With HMRC
You need to declare yourself as self employed as soon as possible, and make sure you’re tracking the money you earn and your expenses so you can pay your own tax. Don’t try to get away with this!
5. Determination To Make It Work
You absolutely must love this enough to make it work. Unfortunately, you’ll probably never feel like you’re ‘off’. It really is a full time job!
6. Ideas To Expand
Having ideas to expand is a good idea. Is there some form of content you could come out with later on, such as a course or guide? Could you move into vlogging?
7. A Healthy Audience
Ideally, before you start your blog full time, you should have a healthy audience already. These things take time, so don’t rush!
As always, thanks for reading!