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I don't know if it's ok to share links to other WM forums here...
But check out insidewebmastering.com A bunch of oldies in the biz (LB, Jel, Nekrom) have a "newbie school" going on, with a focus on blogging.
I'm pretty much new to this biz as a whole, started in late July09. Signed up at IW in August, and made my first (and second) sales ever this past week. (Less than 2 months following their blog tutorials and program).
The concept is "build and forget" blogs. Write 11 posts, install the oldest2newest plugins to rotate them every couple days, and build the next blog.
Build 100 blogs, getting 100 unique visitors per blog, factor a 25% CTR to the sponsor... that's 2,500 clicks to the sponsor per day.
Build 1 blog per day, and keep at it for 2 years, and based on the numbers, you should be at $100,000/yr in income.
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