Blogs are becoming an lucrative business. paidContent sold for close to $30 million, Ars Technica sold for about $15-$20 million, and AlleyInsider raised funding recently. The New York Times recently covered the story of Arnold Kim M.D., the founder of MacRumors.com.
Over the last 8 years, Arnold Kim wrote rumors about Apple Inc. (NASDAQ:AAPL) on his blog. While he was writing on the blog, he was also earning his medical degree. Over the last several years, Kim was training on how to diagnose patients with kidney problems. Kim’s blog now receives about 4.4 million uniques and 40 million pageviews per month. Kim is now going full-time into blogging.
?In some ways I?ve neglected the site for so long,? Kim told the NYT in a phone interview. ?Now that I actually have a chance to work on it full time, there?s a good chance it can grow more.? Blogging just went from a hobby to a full-time professional career.
Even though stepping away from medicine was a tough decision for Kim, he said that MacRumors generates a 6-figure income for himself. Another reason why Kim decided to work from home is because he has a 14 month old daughter named Penelope.
Kim also runs a website called Touch Arcade. This blog tracks new games that are released for the iPhone and iPod Touch. Congratulations to Mr. Kim and his daughter. Hearing about other bloggers succeed keeps us running.