Can you really make money with a blog?

Daren Rouse of Problogger.net has the best explanation of how to use social media sites to increase readership of a blog. He uses Chris Brogan's idea of creating social media outposts to support a blog. His ideas seem easy to follow:
1. Social media sites may gain and lose popularity.
2. Own the blog url instead of using a hosting site.
3. Find other related blogs and interact with them.

Use the charts in the video to help determine how to support your blog with your social media sites.