(as of Apr 30,2021 07:16:34 UTC – Details)
You’re About To Discover The #1 Secret To Generate Passive Income Streams
With This Step-By-Step Tutorial And Proven Business Models, Ideas
A passive income is any income you earn without actively engaging in work-related activities. However, a passive income is still work. A major misconception on the subject is that you can set up a passive income today and start making money on autopilot tomorrow. That rarely happens.
Most passive income streams, especially those whose nature concentrates on the online space, require that you put in the work now so that later, you may stop working full time. That does not mean you will not work at all; you will. All worthwhile passive income streams require some form of maintenance. With that said, it’s easy to understand why many people believe that a passive income means no work at all: because well set up passive income streams can requires as little as a few hours of maintenance work per week or month to continue generating revenue.
Take the example of a well set up blog. If you put in the time now into creating great, search engine friendly, evergreen content—say about 100-200 pieces of genuinely good and valuable content which would take a year of more—in a year or two, you can stop actively working on the website or blog every day. You can monetize the traffic coming to the website through various strategies such as affiliate marketing and advertising so that you can generate an income even as you post once or twice per week—some blogs continue to earn a passive income each month even without any maintenance work.
As you can see from the above, setting up an online passive income does not mean not working; it simply means putting in the work upfront so that later, you can work less and still generate an income.
This passive income definition is the one we shall use as we work through the steps in this guide. This guide shall discuss, in a systematic manner, proven business models and ideas that when well implemented, shall help you create multiple streams of online passive income. Let’s begin.
Here’s Just A Small Preview Of What You’ll Learn…
- Niche or Authority Website or Blog
- How to Create a Website or Blog That Generates a Passive Income
- Choose Your Niche
- Buy a Domain Name and Hosting Plan
- Choose a Blogging Platform and Design Your Site
- Create Valuable Content
- Monetize Traffic and Following
- Affiliate Marketing
- Sponsored Content
- Sell Own Products and Courses
- Display Advertising
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