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If you're a blog owner, it's likely that you'll be looking to make some money from your website at one time or another. Monetizing your blog can be a big decision to make and, if done poorly, can cause you to lose readers and cheapen your blog.
Having ran a few different blogs in the past, I've had a fair amount of experience in generating revenue from blogs. I've also spoken to some successful bloggers to find out what advice they would give to blog owners that are taking the plunge into monetization.