10 tips to keep your income steady

In my previous post on multiple income streams I touched upon some problems the small guy with a blog may face. But not only the blogger but anyone, for that matter with a single source of income, can be at financial trouble at any time for no mistake of that person. For example, due to recession, in a very short period of the last six months, millions of people lost their jobs. Many people are already in financial trouble and many people had to even sell their homes. But even out of those who lost their jobs, those who planned for the rainy day did not face much trouble. Now let us see what the small guy on the Internet can face and the possible solutions.

1. You can lose PageRank for many reasons, like excessive use of links without “nofollow” tags in posts, when you do not post anything continually, when you do not have enough backlinks, etc. So, wherever possible, use nofollow tags within posts, post some good content almost every day, exchange links, visit forums and other blogs and leave your messages with your links that will account for excellent one-way backlinks. This will make sure that you do not lose your PageRank.
   
2. After you lose PageRank, don’t cry over it! Try to find out why you lost PR. If you cannot find out yourself, seek the help of some knowledgeable friend and find out. You do not lose everything with loss of PR. Your blog still has some value. Continue working on it, avoiding mistakes that cost your ranking. Unless you committed a grave mistake, you will be surprised to see that you get back ranking again, very soon.
   
3. Always anticipate losses! Losses can happen any time for any reason, including PageRank and all the income from your blog. So, be prepared for that. Instead of spending all the time on one blog or site, keep two or three. It is quite unlikely that all the three lose PR and everything. So, if you lose on one, you have two others to depend on. This you have to do till you professionally and financially grow so that you can hire services to grow further, spend on advertising, etc.
   
4. Use different themes and contents for different blogs. If you are blogging on different topics in one blog, classify your posts, like marketing, computers, entertainment, etc., and post the relevant topics in the blogs assigned for them. It helps in another way because the keywords used for one blog’s topic will bring more traffic and income than the other blog that uses less paying keywords.
   
5. Use different income streams. If you depend on only content based advertising like AdSense now, consider some affiliate marketing programs that can run side by side with AdSense. If you do not use AdSense or similar programs, immediately start using them because these are free to join and bring you money even when you sleep. Even if you earn one dollar a day, it is better than earning nothing.
   
6. Use your accounts at Twitter, Facebook, MySpace, Flickr etc., to drive traffic to your blog or site. You can place your links in all these to invite the attention of your visitors there.
   
7. You can try to start a FREE service site offering free advertising and free stuff. The word FREE itself is income generating business because it attracts a lot of visitors, the so called freebie hunters. People will place a lot of free ads giving you valuable content. This content can help you make good amount of money from advertising. Free article sites, free directories, etc., are examples.
   
8. If you are good in writing, offer writing and editing services to other sites and businesses. There is a great demand for writers who can write something meaningful on any subject without grammar and spelling mistakes. You can charge for your content based on the quality of your writing.
   
9. Start a link building service. There are many people making money from this, because, sites that make a lot of money do not have the time for link building activities. You can charge for every link that you place for them in forums, blogs, social media, etc. that permit placing such links.
   
10. If you are already earning money from your blog, consider spending a part of the earning for advertising and marketing, using programs like AdWords, email marketing, etc. Spend less but smartly and intelligently to bring traffic to the same site that earns you money. That will increase your present income into multiples.
    

If the tips here appeal to you please leave your comments.