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People’s perception of a small business is usually a self ran stall, a small community store or a mall kiosk. It’s employees are between 3 -5 and has a capital of at least $10,000. It sells a variety of things - drinks, gifts, dvd’s, toys, accessories etc. And for such an investment, it should bring you about $2 - 5000 every month. Indeed, this is the traditional concept of a small business and is often under the buy and sell industry.

Then there’s the non-traditional small business. It rests in the internet and captures a global market. It earns from sharing information, or any sort of digitally transmitted data. It costs less than $20.00 to put up and has an income potential in the tens of thousands, even millions. This is the internet industry.

Blogging is a sub-sect of the internet industry. It rests not on providing services, at least not mainly, but rather to convey information. Much of blogging is simply text and can almost generate incomes as any other traditional small business. It has such potential that over the next five years, it is projected that the internet industry will cross the 1 trillion mark, a large chunk of which going to bloggers. In such regard, I can definitely say that blogging is a great small business.

Enumerated below are some other reasons why blogging makes for a good small business:

• free to low cost ($8.00/yr already gets you a [dot]com)
• does not require employees
• work at your own time, or as much as you want
• high ROI potential
• various revenue sources
• diverse markets
• not too many participants
• offers self-growth, fulfillment
• allows you to be creative
• not too many legalities to consider
• not too many liabilities to consider
• skill is a plus, but not much of a requirement
• good source of residual income
• it’s a small business that you can be proud of

Since the beginning of the 21st century, the internet has become a millionaire-maker, third from real estate and the retail industry, which are often headed by corporations. The internet has made millionaires more than any other industry for the common folk.

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