Chapter 1: The Blogging Dilemma

Is it a foolish idea to launch our own blogs? (Weekly earnings overview)

Perhaps, but I'm pursuing it nonetheless.

This week, I shared my thoughts on how Google's entry into AI chatbots, known as Google Gemini, might threaten niche blogs. I've been considering starting my own blog for some time, but the arrival of Gemini in Canada made me hesitate. My reasoning is simple: with tools like Gemini and ChatGPT excelling at gathering information, they are likely to become the primary search method soon. Since they typically do not cite their sources, fewer people will search the internet for original content, like what bloggers create.

For this reason, my previous argument, which I discussed in the video below, that new content creators should concentrate on established platforms seems more relevant than ever. Yet, I have ultimately decided to move forward with my own site, expecting to launch it this week.

Why take the plunge when my expectations for standalone blogs are low? There are several reasons:

• Content Creation: By generating a series of articles and tutorial videos, I can create a potentially profitable venture.
• Traffic Opportunities: I currently capture traffic through this site and YouTube, but I want to link to and monetize un-paywalled written content from social media.
• Content Repurposing: I can easily transform my existing work into a new income stream.
• Security: Relying solely on others' platforms is risky; having my own site ensures I have an asset should things go awry.

Is this effort worthwhile? It's hard to say right now, but subscribe to my channels for updates on my progress.

Now, let’s delve into my latest earnings report. Is it still beneficial to create a niche blog in 2024? I’m about to find out.

Chapter 2: Earnings Overview

This week, my income across all platforms aligned closely with my annual average. This stability is another reason for starting my own blog. While I’m content with making nearly $50 daily from side hustling, I’ve noticed a plateau in growth.

The ultimate goal of my Publish Every Day initiative—where I aim to escape the 9-to-5 grind in a year by consistently publishing and investing earnings into passive income—is to reach $250 daily to sustain my lifestyle.

Progress on My Publish Every Day Project

As of Day 160, I’ve accumulated over $8,000 in earnings, which is commendable. Yet, I aspire to achieve more. I’ve experienced some notable income spikes, but there are visible plateaus as well.

#### Weekly Earnings Breakdown

This past week, here’s a summary of my earnings:

• Blogging Income: I exceeded my average this week. My typical daily earnings from blogging in 2024 is $31.38, but last week it was $33.02. I attribute this boost to a recent post about a crucial strategy for writing online that unexpectedly gained traction, bringing in over $100.
• YouTube Income: My daily average from YouTube in 2024 is $1.85, but last week it rose to $2.42. Moving forward, I aim to publish on YouTube every other day, and I succeeded in maintaining that rhythm this week. To ensure consistency, I plan to experiment with faceless videos when I can’t film.
• Stock Market Revenue: My investment portfolio is approaching $17,000, largely in dividend-paying ETFs, creating a reliable income stream. My average daily earnings from dividends in 2024 is $0.98, with a slight dip to $0.14 last week.
• Real Estate Investments: I track my REIT investments separately, with an average earning of $0.04 daily this year, increasing to $0.10 last week.

Weekly Work and Future Plans

I estimated that I spent about 10.5 hours on side hustles this week, earning $249.84, which translates to an hourly rate of $23.79 (or $31.64 CAD). While not the most productive week due to my focus on YouTube, I hope these efforts yield long-term benefits.

In the upcoming week, I aim to maintain a steady flow of YouTube and blog content while launching my new site. This will require strong discipline and effective time management, but I feel a breakthrough is imminent with my Publish Every Day project. I invite you to join me on this journey by subscribing!

Thank you for your time! If you found this article helpful, please share your thoughts in the comments and give it a few claps.

Looking for more to read? Check out my top 5 trending stories today:

• The one thing you must do to succeed in online writing
• Strategies Jennifer Aniston employs to stay fit at 55
• Rob Lowe’s secrets to maintaining his charm post-60
• Brain-boosting foods recommended by a Harvard expert
• Essential platforms for making real money online

Disclaimer: This article is not financial advice. It is for informational purposes only. Always consult a financial advisor before making investment decisions.