I have been consistently blogging on steemit for over 5months since i discovered this platform in late June this year. The experience has been awesome and most importantly the opportunity to learn and same time earn is a great one. My root in internet marketing is blogging and i have been a blogger many times and also a former blogger couple of times.
After laying a solid foundation of my steemit career on good relationship, mentorship and dedication, i'm now thinking of going back to setup a wordpress blog so i could achieve my long term dream of becoming a professional and influencial blogger in the world. I love to write and i do it almost daily here on steemit. Most importantly i love to teach by sharing my knowledge with other people.
If one happens to get himself a successful and interesting steemit career by doing the right thing, the temptation not diversify your income sources, time and online investment will come and if one fall for the temptation it could pay off or not depending on individuals and some factors.
But generally, it feel safe to diversify in all areas of life so we could have options when we need to. Diversification puts a shield over us against unforeseen events that could have negative effect on our lives.
STEEMIT OR WORDPRESS?
Comparing the earning potential of blogging on steemit to setting up a self-hosted wordpress blog, is not something i would like to spend time doing because the difference is obvious.
Steemit makes it far easy to begin blogging and earning. Steemit is the only blogging platform currently in the world that i am aware off, that offer the opportunity for anyone to earn their first dollars with their first blog post. And many even go on to make fortune with just a introduction post. This isn't realistic with a self-hosted blog except maybe what you set up is a sales page.
On steemit you don't have to struggle much to get audience other wise known as traffic in blogging to your blog. If you ask true bloggers, they will tell you that one of the greatest challenges in blogging is getting the right people to read your blog posts. Steemit solves the challenge in a simple way and makes it far easy to get seen, read and known by a lot of people even when you're just a beginner.
Most importantly It's free to set up a blog on steemit and that wouldn't cost you anything more than your time and commitment, while a self-hosted blog will also cost you more time and commitment you will as well have to still spend some money to get it up and running. You need a domain name, a web hosting package and some professional and helpful plugins. All of these don't come free.
So Why Do I Still Want to SETUP a WordPress Blog?
Just as much differences as there are between these two options, there are as well some interesting similarities and these similarities are my reasons for considering a WordPress Blog.
A WordPress Blog is Also An Asset: just the way a steemit account is a great asset depending on your account estimated value, reputation and followers. If you manage to develop a professional and successful self-hosted blog, you could turn it into a money making machine if you apply good monetization strategies and one day it could be worth much that you could even sell it off.
Self Hosted Blog Give Room for Diverse Promotion: i am careful what i recommend here and i put a self limitation on promoting affiliate system using my steemit blog. I focus more and follow the direction of the community and that determine the type of post i put out at a particular time. There are some affiliate programs you shouldn't promote on steem because steemit wasn't designed for product sales and promotion or referring system. But a self hosted blog is the opposite.
Tell More People About Steemit Through my Wordpress Blog: i want to use the blog to target newbies coming into the crypto world and lecture them on the best investment choices (both time and money) they could make based on my personal experience. I will work hard at getting more people to discover steemit through my blog and that will also help my steemit ministry.