May 14th, 2007
Millionaire Bloggers Hall of Fame
I got a kick out of two interesting posts that came out last week. The first one was Paula’s list of blogger salaries where she listed me at #14 in the company of John Chow, Darren Rowse and Jeremy Shoemoney which I am flattered about and will hopefully be at their levels soon
Following Paula’s article, came Worldwide Success’ Millionaire Bloggers Hall of Fame. This post focuses on some of the top earning blogs and puts a monetary value on them based on the same valuation that the S&P 500 stocks trade at. Career Ramblings is the 4th highest valued blog at $1.8MM, behind Steve Pavlina, CoolestGadgets.com and John Chow. If anyone would like to buy Career Ramblings at a discount of 36% for $1.2MM, contact me. I’ll gladly sell
It seems like you are doing pretty well, Jane. Congratulations! Your hard work pays you back!
Thanks Alex!
Hahaha! That’s awesome Jane! Go out there and buy yourself some nice platinum chain diamond necklace.
You know I love the bling! jk
I know a few blogs that have been turned into books, but are there any famous cases of blogs being bought? I’m running back to my blog to erect a ‘For Sale’ sign right now.
The big stories have been Blog Networks getting bought out for very nice paydays. AOL (bought weblogs) and Yahoo have both bought large blog networks. These are high profile buyouts, but smaller revenue generating blogs are being bought out often (usually under $1k) at places like Sitepoint.
Hey, I’ll sell mine for a lot less. It’s not worth much now but imagine how much it would be if you put a lot of work into it.
Jane,
An investor looking to get the annual income stream of $124K that your blog generates (assuming you only have negligible expenses with your blog) would need to invest about $2,480,000 in a safe investment vehicle (treasury bill, CD or money market account) at 5% interest.
Buying your blog at your discounted sales price of $1.2MM corresponds to about a 10% rate or return - not a bad ROI, and with growth potential. Of course this would mean you would have to continue working the blog to keep up the traffic and revenues.
Regardless of how much the blog is actually worth, generating $124K per year from a blog definetely puts you in the pro league.
WWS is right Jane. You can sell, but you have to stay and work.
No vacations and you will have benchmarks to meet. Not a cash deal either. That is how an investor is going to look at it.
But yes…you are doing OK.
yea…good job on being ranked so high on the list…gives the blog some more visibility …congrats !!