WordPress is your best choice in terms of features and tools etc, and because you provide your own domain name and hosting you actually own it, so a good WordPress blog can be a valuable salable asset for the future. Blogger is much easier, and you can be up and running straight away, and it is completely free. The downside of blogger is that you do not own the domain or hosting, so it is not a sell-able asset in the same way a WordPress blog can be.
Selling a business may not be your intention, or certainly not on your mind right now, especially as you haven't even started yet, but your exit strategy, no matter how far down the road it may be is very important.
To choose your niche... Write down a list of topics that interest you and research your competition, the size of the market ie, how many potential subscribers you could get, what products are available etc.
As far as writing blogs goes, try not to be too perfect, write as if you are talking to one person, just let the words flow. A good blog does not need to be a literary work of art. Leave in Erm... Err... etc just as if you were chatting with a friend.
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