With as many right things you can do with a blog to make it successful, there are nearly as many things you can do wrong. Below are 3 common mistakes companies make with corporate blogs, why they make them and what you can do to avoid them.

Mistake Number One: Not Setting Goals
Many business blogs are started without specific goals. Blog software is typically so easy to install and setup that the number of new blogs has been overwhelming, making it difficult for any one blog to stand out.

Identifying the purpose of the blog is as important as researching similar blogs and the communities they are involved with. The networks of users associated with blogs similar in purpose and content to your own should match the blog’s target audience.

Mistake Number Two: Not Keeping Control
Since many companies start blogs as an experiment, they often are not taken as seriously. As a result, third party blog hosting platform and url are often used such as companyname.blogspot.com, companyname.wordpress.com or companyname.typepad.com.

Why shouldn’t you host your blog using a third party domain name? First, you have no control. If you want to change blogging platforms, there is typically no reasonable way to redirect traffic from the old blog to the new address in a search engine friendly way.
Mistake Number Three: Not Sourcing Content
The excitement and promise from starting a corporate blog can often become a case of overenthusiasm when it comes to writing content. Most people are hard pressed to write good emails, let alone 400 word blog posts. Writing original content every day or at least a few times a week can become near impossible if plans are not made editorially and for sourcing content within the organization.

Obviously there are many more mistakes companies make with corporate blogs ranging from not optimizing blog templates and posts to inconsistent posting to a lack of metrics. We’ll save those for another “Business Blog Mistakes” post version 2.0. Companies that want to avoid making business blogging mistakes can hire a blog consultant like the folks at TopRank or any of the contributors listed in the left side bar of Business Blog Consulting.

Usually faux blogs get lambasted on the blogosphere for violating the unwritten business blogging rules of transparency, openness, and authenticity. (Remember Raging Cow?) Not so with “Fake Steve Jobs,” aka Forbes columnist Daniel Lyons, who gave a hilarious speech at the Web 2.0 Expo last Friday. The 25-minute video is embedded below:

Lyons’ main points about his successful blog are:

• It’s material he’s excited about
• He has fun writing on FSJ
• He embraces audience participation
• The mystique behind FSJ’s identity helped build the blog’s readership

Lyons covers three “Whys” behind the Fake Steve Jobs blog: why he got into blogging (fear and boredom), why he chose Steve Jobs (he’s narcissistic, Apple has bad PR, and Apple fans tend to be so, well, fanatic), and why it works (it’s the audience!). When he first learned of successful business blogs like Jonathan Schwartz’ at Sun Microsystems, Lyons thought it was a great idea. But what if one of those blogging CEOs went crazy and posted all kinds of un-photogenic, not-approved-by-PR material? Thus Fake Steve was born, and readers found it interesting. He had 90,000 monthly readers within 6 months of launch.

“I think what’s happening in media is profound and interesting. This thing [Fake Steve Jobs] is all very wrong, obviously very stupid and primitive, right? But it’s a great way to learn about how new media might work. I think the biggest change we’re going to have is the involvement of the audience. Where Internet media is going to get interesting is when we start really exploiting the uniqueness in it rather than paving a cowpath. First generation Forbes.com was, take the print magazine and put it online. Hulu was take TV shows and put them online. But when we start involving the audience, and having people form a group to entertain themselves, I think that’s going to get really interesting.”