If you build up your reputation within your niche, you may have to chance the speak at events. Setting up a 'hire me' page on your blog can help to advertise that you are available to speak at events and drive through some further revenue from your website.

Advantages: Speaking at events can not only be profitable from the speaking fee, but it also gives you a chance to further build your reputation within your industry.

You can also build some relationships with other blog owners and businesses to drive through further advertising opportunities to the site; not to mention the fact that you could mention your blog in your presentation.

Disadvantages: Speaking gigs aren't always easy to come by and unless you're an authority in your niche, it's unlikely that you'll actually be paid to speak.

On top of this, there's a lot of time that needs to be invested in planning and creating your presentation, so if you're not someone that has a lot of free time then it may not be for you.