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I thought it would be a good idea to post the entire list just in case someone wants to link to it 
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15 Things I Learned in 2007 That Improved My Blogging and Increased My Income
#15 - Not all monetizing options are best for you blog.
#14 - Don’t be afraid to set goals and don’t be afraid to fail.
#13- Strive to become an authority.
#12 - Contribute quality content to other blogs and networks.
#11- Write down your ideas.
#10 - Content may be King but it’s not everything.
#9 - You don’t have to invest a lot of money but you must invest time.
#8 - Evaluate and reevaluate on a regular basis
#7 - Take advice from others seriously.
#6 - Successful blogging is an art form not a formula
#5 - Diversify and don’t put all your eggs in one basket.
#4- Be in it for the long haul.
#3 - Don’t underestimate the power of social networking
#2 - Follow the changing web.
#1 -Never Stop Seeking New Information and Never Stop Learning
Hope you enjoy
[...] all goes well his new blog will be launching in January or February of 2008. As I mentioned in my 15 Things I Learned in 2007 series, the year 2007 was a time of much learning for me. I learned a lot about marketing and I am [...]
thanx.. nice post…
but a lil bit disagree about the egg stuff..
i looked it from different point of view. I better put all my egg in one basket.. higher risk.. but higher responsibility!
regards!
Good list. Points 1, 2, 4, 5, 8, 11 are extremely important. Following them, especially point 4 which should be translated as persistence will get you anything you want.