One common thought that goes through new bloggers, is if they will be able to make it in such a competitive internet today. There are thousands of blogs getting created everyday. That just means every day it is getting harder to get established in the internet. And you have to work harder to get the same results.
The amount of people getting on the internet is still growing, but mainly in 3rd world countries. One positive I see is that more and more people are buying stuff from the internet in America, instead of in regular stores. What this means to me, is that it’s still not too late to start trying to make money as a blogger. It’s just getting progressively harder. I believe there will be a time in the near future it will be “too late” and you will wind up having to buy a established domain or something to get anywhere. The internet is not quite that saturated yet though, as I’ve gotten fairly new sites some decent rankings already.