I work full time for myself and one of the main benefits of this fact is the chance to do nothing but browse the web if I want to and so recently I decided to do just that. In my browsing I came across numerous blogs that I used to read back in 2008 or 2009 that aren’t updated any more. As I began to look at the blogs I noticed several trends that I believe can be correlated with why they failed in the first place and my observations are listed below:

1. Failure to differentiate from the competing blogs within the same niche

This is probably the most crucial issue at stake. If you aren’t covering your subject matter in a way that is different than your competitors you’ll find trouble gaining traction as readers will see little reason to go to your website as opposed to another competitor.

2. Mediocre / Regurgitated Content

It should go without saying, but you should also know mediocre content will only eat up your time and at best only provide a relatively slow moving growth curve. If you’re happy with adding 1 – 2 new RSS readers or newsletter subscribers a day then keep on churning out content just for the point of having something new, but if you want to truly spark interest on your blog and grow it rapidly the best way to do it is with unique and valuable content. (Content is King yes we’ve all heard this before, but people still apparently refuse to focus on it)

3. Noticeable lack of expert knowledge on the subject matter

This is primarily something I see in the make money online niche, but I have seen it in other blogs. The potential profit margins are high and people are often times first exposed to the idea of making money online by a blog discussing the topic so perhaps that’s why there are so many terrible blogs out there on the subject. Worse yet, the people running these blogs either have no prior successes to speak of or are only making a few dollars off of promoting the Thesis theme and convincing more new people to start their own make money online blog.

How I failed before:

I know these three signs of failure all too well because I fit the model perfectly. Three years ago I was still struggling to make money online and like an idiot I turned to writing about making money online as the solution. I did very little to differentiate myself from the other bloggers covering the subject matter and since I had no real major successes in the realm of earning money online I wasn’t able to provide valuable information to my readers. Because I had no true knowledge on the subject it was difficult to get more than 1 new reader a day to subscribe to my blog despite the fact that I was publishing articles three times a week.

Why I won’t fail this time:

Armed with lessons learned from my previous failure I decided to once again come back to this niche now that I was already earning a full time income online and had learned a lot. The fact that I’m a earning a full time income from my websites and discussing it here on my blog is already somewhat of a differentiator as most of my competitors run blogs just like mine 3 years ago, don’t make their living off websites and offer little value in the information they share. To further differentiate myself I run this blog without using any advertisements except for a couple affiliate links from products I’ve found to be helpful to me, which again in this niche is a rarity. I also know these strategies are already working as I now have 4 times as many readers as my old blog did in less than 5 months of going live.

How you can avoid failure:

If you’re already writing in a niche where you aren’t any different than your competitors, you’re wasting your time. Quit now or find a way to be different.

If you aren’t writing truly valuable or unique information that your readers can learn from you’re wasting your time. Quit now or consider spending more time on your articles and publish less of them.

If you don’t have unique knowledge on a particular subject matter you you present yourself as an expert you’re only kidding yourself. Quit now or learn enough about the subject to offer something of value to your readers. Alternatively you can move out to other smaller niches and dominate in those first (that worked well for me).

Wrap Up:

These problems can be applied to any website I run and this is precisely why I scout out the competition and ensure my website does a better job of serving them than the competitors. For smaller niche websites that are only around for getting search traffic all of what I said above doesn’t matter as much (I have plenty of small income producing websites like this). But if you want to build an authority blog, website, service etc. in any niche you need to ensure you’re solving a problem in a way as good (or preferably) better than anyone else is doing it.

What do you think? Am I just on a little bit of a rant and should get back to discussing more hard facts about making money online and writing more case studies or am I onto something? That’s not to say I won’t continue to do that in my future blog posts, but I really am interested to hear what you think about these types of rants articles.

With that said, I have a few exciting things coming up later this week including a review of a WordPress plugin and more importantly a feature post that will help you save some money and time.