When you start blogging full time, blogging becomes more like a business.  In an a Blogging Business there are different rules to consider than when your blog is just a part time writing activity for fun.  The nature of the entire operation is different since this blogging is providing you with a full time income.

Setting Some Business Goals
You’ll want to know what your goals are for your internet blog. Will you expand? Hire employees? How will this blog continue to grow? Make sure to set a plan in order to determine what methods you will take to make sure this blog stays profitable in the future?

Setting Some Business Rules
With blogging it can be very easy to just not do the work that needs to be done.  You need to set rules like how much time you are going to put in each day.  Maybe this includes setting certain hours in which you will work.

Dividing Income Flows
Lastly I’d recommend dedicating a certain percent of the income to be invested back in the internet business ot be used for growth. It would be easy to spend it all on yourself.  One of the best methods would be simply using this for advertising, etc to make sure your blog keeps growing and the profits come in.