Do you have plenty of time to blog now, or have you stretched thin already? Because if you’re pushing your luck as it is barely getting anything done, what the heck makes you think you got time for the blog?
Is the traffic on your blog strong enough to really keep going? If your current blog is struggling for traffic and links, are you ready to get traffic on your blog and keep them?
Are you monetizing your blog with Google AdSense? Because if you are, having a low-traffic site can drag your overall earnings down. If you’re gonna go for big numbers with AdSense, you have to go really big. Like hundreds of thousands of visitors, and that means you’re encroaching upon unethical territory. Not good.
Is your idea really all that great? Not to be harsh, Sometimes it’s because our enthusiasm isn’t as strong as we thought. But more often, it’s because we didn’t research the idea enough. Are there other blogs in the niche? What’s the cost-per-click on keywords in that niche? What’s the search traffic trending in the niche? Are there any real affiliate opportunities in the niche?
Tips for how to start that new blog:
Consider starting a team blog, that way your time commitment is not as great as it would be if you were the only blogger.
Do your research on keywords, traffic trends, domain availability, etc.
Don’t make a decision that flies in the face of what your research uncovers.
Start only one new blog at a time, spend some time getting off the ground, and then let it coast. This is what I do and it’s worked pretty well. I put some serious effort into them at first, then ease off later.
Know when to call it quits. If it ain’t working, it ain’t working. Call it good and move on to something else. Don’t take it personally. If you’re not failing enough, then you’re not succeeding enough.