Blog is probably the best tool I've seen in my 5 years of online career. Besides being a good communication tool, blogging is also a powerful way to earn money. If you're new to blogging and yet want to start off quickly, there are several business models you can attempt. This article discussed some of the most common methods. The first method is get paid to blog.
How it works is you create your blog and add a few good articles to it. Then you signup with paid blogging networks like Pay Per Post or Review Me and see what "opportunities" are available. These networks are filled with advertisers looking for blog who can help them spread the words, and they are willing to pay. Get the deal, draft about it on your blog, and you get paid.
The second method is AdSense WordPress blogs. It requires a bit more technical knowledge. You will have to build a blog on a specific niche and add some good articles to the blog. At the same time, try to get links from other websites by leaving comments on the blog or by exchanging links with the owner of the website. The idea is to drive more prospects who will click on you AdSense ads and help you to make money.
Last but not least is associate marketing. Again, you create a good WordPress blog but with this model the amount of content you publish is not as important as the "selling quality" of the content. Each post you write must pre-sell the web traffic and convince them to click on you referral links. When the visitor makes a purchase online, you will get credited for the sale.
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