Here's some from Chris Bowers on 'how to build blog traffic and influence':
Blogroll links do jack squat for traffic. With few exceptions, traffic from blogrolls accounts for less than 2% of all blog traffic.I don't agree with all of it, but if you blog you might find it interesting. One observation regarding the first point above: traffic's not the only consideration. (Via Memeorandum.)
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Over 80% of the daily traffic to almost every blog is generated by people going directly to the main URL of a blog without any prompting from a link, blogroll or web search. If you want to build an audience for your blog, you are going to have to get them to come in through the front door on a regular basis.
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Write every day.