The Entry Barriers for New Generation Bloggers

The complexities faced by new entrepreneurs today aren’t similar to the ones faced by people some years ago. To start a business a couple of decades ago, you would have required:

• Money to rent an office space
• Money to buy office equipments
• Money to pay your employees
• Money to provide health insurance to them
• Money to pay for licenses, utilities, and taxes
  

Okay I agree these costs have to be incurred today as well. But we can opt to work from home as well; a benefit that we couldn’t have enjoyed then.

So, the constraint of huge capital has been now eradicated. You don’t really have to spend huge amount of money to gain money, which was not the case initially.

But you do have to spend ‘some’, in order to star a blogging business.

Some? How much is ‘Some’? A vague answer would be not much. If you are looking for the precise amount:

$8 every year for domain name

AND

$100 every year for Web Hosting

These are the costs you have to necessarily incur to start a blogging business. There may be some other expenses which may vary from person to person like buying a new desktop or notebook, fees to pay for web designing, and probably some software. So, my vague answer still persists, ‘Not Much.’

So for new entrants, money cannot be termed as a barrier.

So what are the problems faced by new bloggers these days?

Knowledge

Although knowledge about the business was always a barrier and an important path to success, today is the time when you need it the most. The market today is completely knowledge driven. In recent times, the ones who lead the business are the one who learned knowledge that wasn’t imparted in schools or universities.

Although knowledge is freely available today, we don’t find many people fully informed about anything. You can avail all the useful information through internet, however people don’t. So the one who wins is the one who gains the knowledge and applies it first. He has to rush, he has to hustle.

Hustle

Few decades ago I wouldn’t have believed I someone would have said ‘Time is Money.’ But today, time is more expensive than money. If you don’t hustle to acquire knowledge and apply, you lose more than money. Hence, it is another barrier for new entrants.

You will have to hustle to be the first one.
You will have to hustle to keep up with the pace and rapidity today.
You will have to hustle to compete.
You will have to hustle to be the best
If you fail to hustle, you fail to survive.

So, before you decide to start a blog, don’t forget to consider these barriers.

What do you think? Any new barriers you can think of?