Blogs are extremely hot right now. Everyone is starting them, and the more successful ones are driving unprecedented amounts of traffic and cash to their owners.

Superbloggers take what they do best and increase their value by placing their business on the internet.

The impact of the Internet on the media business will be in forcing it to become more participatory, says Tony Perkins. Tony Perkins invented the technology business magazine when he founded Upside in 1988. With the blogging exploding on the internet, in which everyone has a voice, the next generation of media revolution is on the horizon. The proof is with the internet - bloggers participate on the media sites and that resource can be tapped into after its bundled up, polished and then you commercialize it.

The secret is to take what you do best as a business and expand on that theory.

Put your creative juices on the internet with a blog software ( can be found for as little as $0 and up to $150 ).

Develop your website by tapping into paying sponsors to help with your revenues and to pay a small staff to operate your website.

This can be done for under $50,000 to develop your package of your business.