Today, I am excited to have Tom Drake on the podcast. He owns a Maple Money and is the number one financial blog in Canada. He is fantastic at online businesses and he has taught me so much about SEO and running a business. Like Tom, you can be successfully unemployed.
How Tom Drake Makes Money with His Financial Blog
Tom’s blog, Maple Money is the thing for him. It is almost like a magazine and is very traditional. There is a lot of content on the site and a lot of the money is made from ads, like Google ads.
He also receives a commission from affiliate links when someone clicks a link on his site and buys the product.
Another way a blog could make money is through sponsored posts.
This is where a company will pay you for a post to get in front of your audience. Tom does not have sponsored posts on his blog.
What Tom Drake Was Doing Before and How He Became Successfully Unemployed with His Financial Blog
Tom was lucky as a blogger. He worked at a desk job and had spare time during his lunch hour and coffee breaks.
This made it easier to start dabbling a little bit. If he was a truck driver or a cashier at a store, it would have been more difficult. He was able to use his breaks.
There is so much free time. Gary Vaynerchuk says, “Stop watching Lost”. You don’t have to spend all of your free time watching TV.
Most of Tom’s blogging time was from 8:00pm or 9:00pm to about 1:00am or 2:00am. He worked his day job, spent time with his family, and when everyone went to bed, he started up the second job.
It felt like he was working two full-time jobs at the same time.
How to Quit Your Job with Passive Income
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