One of the things I recently stumbled across was something that Financial Samurai came up with called the Yakezie Alexa Ranking Challenge. Long story short, Alexa is a site that tracks other sites all across the web and rates them for popularity. The more popular you are, the better Alexa ranking you have.
Financial Samurai’s idea was that personal finance bloggers (like Money Beagle) support each other with the end result being that word of mouth will build, networking opportunities will be created, and a buzz will slowly take place that benefits all participants. Sort of a blogging co-op if you will.
I think this is a great idea and the approach that Samurai is taking is commendable. One of my biggest frustrations in personal finance blogging is that those bloggers with the most clout, being the most popular, tend to network and build buzz for other popular blogs. That’s great if you were in that circle, but it tends to propagate the ‘rich get richer’ momentum.
This challenge strives to accomplish the same thing just on a level that makes it opportunistic for personal finance blogs of all shapes and sizes.
According to the site, my goal would be to move up in ranking to 200,000 or above by the end of 2010. This would mean that Money Beagle becomes one of the top 200,000 web sites out there.
When I agreed to join the challenge, I was ranked 3,250,230. In other words, I have a long way to go! Still, early results (some bloggers have been going with this since January) are extremely encouraging, so I think it’s doable. There’s a little box in the bottom of the right hand column that (if it works right) will keep my ranking visible. There’s also a graphical link to the Yazekie challenge there that links to Samurai’s page, where he’ll keep updated on how things are progressing.
So, while I strive to keep Money Beagle the type of personal finance blog that highlights my own voice, I also would love for that voice to be heard, and that’s why I’ve decided to enter the challenge. In other words, I promise I won’t switch to writing the same ‘9 Steps to Doing This and This’ that many personal finance blogs focus on. While there’s nothing wrong with those type of posts, I’d prefer to give you the rundown on the steps I’m personally taking, simply because that’s the type of posts that will keep me motivated to write.
If you’re a fellow blogger, take a look and see if you might be interested. It seems like a great idea and it will give personal finance bloggers a network and a team to keep us motivated to writing the best posts and making personal finance blogging more credible on the web.
If you’re a casual reader, all I ask is that you keep reading and drop a comment from time to time to let me know what you think.
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