I have another personal blog which started monetized only about 6 months ago does not even qualified for its first Google Adsense check payment until today. I get them because I had other website which ensure that I receives Adsense Payment every month. The point being, it is pretty hard to earn money from blogging, and it may not even be profitable for you to spend all those time blogging when you could most probably earn more working part time somewhere else.
It is good to have plan before you want to earn some money from Blogging. You may have some competitive edge before you start blogging. Here is some way of evaluation.
- Friends - The easiest way to get some traffic is through friends. It does not cost them to give a visit to your website.
When more friends are online, the more chances some or little of your friends will drop by your website once a while. - Profession / Study Fields - If you could blog about something you do often, it will be much easier rather than digging up things that you have to check each time you need to make a post. ie: if you own a hand phone shop, it would be very good for you to blog about phones.
- Hobby - Having a blog about your hobby is not a common thing, this is one main reason I blog, it is because I like exploring stuff online plus I studied little programming during my student time which are not used in my daily job.
- Blogging Friends / Online Friends - This way, you could market each other blog or at least give a 2 way link to each other. Although blogging about different topics may not get you Page Rank or Search Engine Ranking, you still get to exchange traffic. The basic stuff you need to know is that, you do not lose reader when you send your reader elsewhere. Loyal reader will remember your domain or have your feeds saved. This is very helpful as you could exchange knowledge about blogging tips, plugins (if all use Wordpress) and maybe even share the same hosting to save cost.
- Knowledge in Programing - No doubt knowing little knowledge in Programming helps but if you have a high curiosity to know how a website works, that alone is good enough. Although there are some people who are successful online even though the know nothing, but they learn on the way.
- Have current other website - Having some current website will help you do better as you are not subjected to blog solely for money as other website my already have them. You could divert some traffic and provide a link back from your website. It is an extra boosting arm, which is why the first is always the hardest and most people fail there.
If you have little to none of these, my suggestion is not to start blogging unless you have a strong determination. When you decided that you wanted to Start a blog/website, do your best and not give up. If not all effort will be wasted.
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I agree with you with point #1, #2, #3, #4 and #6. By having these 5 points you will get traffics easily for your new webiste like i did for iamnewbie.net website.