All the successful blogs when started were something small. If you want to monetize your just started blog, then you should first decide about what type of a blog you want to start.
Way back when this all started, a blog was used much like a diary. Much as people wrote down the thoughts in the paper journals, same way bloggers started writing down the thoughts online as well as sharing them with the people in rest of world on the web. Today, blogs have become very advanced. Many blogs do not resemble to personal journals now. In fact, almost all blogs focus on some specific topic. Such blogs called niche blogs that have a web design contest among them. As their name implies, these blogs target a particular niche and they stay focused on that topic.
So if you want to start your blog, what type of blog should be best for monetization? It really depends upon your ultimate aim. For example, if you are interested in making some extra money. For this intention, you can have your personal blog that need not focus on any particular topic and does not have to be a part of a web design contest. This type of blog can make money via pay per post type of web sites. According to experts, you should figure out a particular niche that you desire to focus on, as niche blogs are necessary for the monetization of your blog seriously.