Category: Content

    What Is Passive Income?

    When people see the term “passive” income, they often think of earning money with no work. However, nothing can be further from the truth. The fact is, it does require work to make passive income. However, the work you do is done once, and then you keep making money later on the work you did before. It’s different from service-based work where you must do the work each time to produce income. With passive income you create something today that keeps earning money later.

    Examples of Passive Income

    Some examples of passive income that you may be aware of are savings accounts, investments, and real estate; all of these enable you to spend money one time, or spend some money one time, and keep earning income into infinity. But, you can also earn passive income online today. Some examples are information products, membership websites, eCourses, and eBook sales.

    The Benefits of Passive Income

    People who want to earn money from passive income understand how trading hours for dollars can be limiting. They want to put their time and money to use one time and keep earning from those efforts. It’s the way insurance sales people have made money for years. They earn a little commission from each person that buys and keeps paying for insurance; then the more people they sell the insurance to, the bigger and bigger their monthly income becomes. It might take a lot of work to get there, but eventually through momentum it seems like everything becomes a lot easier.

    The Two Types of Passive Income

    If you would like to earn an income via passive income, there are several ways to do so online. However, mostly you can break it down to two different ways.

    * Promote Other People’s Products – This is one of the fastest ways to get started. Figure out who you want to sell to, know the audience well, and then find products and solutions for them to promote. There are even membership websites where you can promote to them so that you can earn a monthly residual income that grows.

    * Create Your Own Products – This is another way that you can get involved with making passive income online. At first, creating the product is a lot of work, but once you get a number of affiliates promoting the product, the income will grow exponentially, month after month and year after year.

    The main question now is who your audience is, and which way you’ll go. Most people actually choose both methods. They sell other people’s products, and they create their own. Most people start with selling other people’s products, then eventually create their own after they get some experience with building a list and other marketing methods.

    Categories: blogging, Content Tags: Tags:

    Eight Ways to Get Content Fast for Marketing Purposes

    You know you need plenty of content to keep the search engines ranking you high, and your audience coming back for more. But, where in the world will you ever find the time to keep up with the demand for high quality content that your audience will find value in? The first thing to understand is what constitutes content, and then to realize you don’t have to do it alone.

    1. Understand What Makes Up Content – Content isn’t just a certain type of blog post, or an article, or even always text. Sometimes it’s a video, an image, a PDF file download or even an app. When you open up your mind to realize that you can provide all types of content in many forms to your audience, it gets a lot easier to get excellent content fast.

    2. Buy Private Label Rights Content – While you will have to rewrite and edit it, it can still be a lot faster than starting from scratch. PLR is content that you buy and use as your own. The trick is finding a reputable source to buy it from, to ensure that the research is accurate and the content is not difficult to rewrite to make your own.

    3. Hire Several Writers to Help – You can use a service like Upwork.com to find freelancers to do the writing for you. Hire someone with experience of writing in your niche and realize that if you want the work to sound like you, you’ll need to edit it and add your own voice. But, you can get a lot of content written quickly relatively inexpensively.

    4. Curate Content from Others – You don’t really always have to create scratch content. You can be the source for all things “your niche” that will make your business website or blog a one-stop-shop for your audience. Introduce, and provide a link to, important content that you feel your audience will enjoy. If there happens to be an affiliate link involved – even better.

    5. Repurpose Content – If you’ve written books, or created other content, you can repurpose it. Even if you have already written a blog post, you can turn that post into a podcast or YouTube video. Change it up a bit but keep the facts the same, and the content will feel brand-new.

    6. Keep an Idea File – One block that many business owners experience is simply having an idea. But, as you know, ideas come when you least expect them. If you start an idea file and keep track of every idea you have, you’ll be able to come up with and create content quickly when you need to.

    7. Write in Bulk Ahead of Time – Using your idea file, take a couple of hours to create a lot of content at one time. It’s a lot easier to do four or five articles or several videos at once on a topic than it is to try to do it every single day, one at a time. When you’re working, you will get into a flow and be able to create more in a short period of time.

    8. Keep It Simple – Try not to think too hard about each thing to the point where you cause yourself to have a block and be unable to create content. Trying to be perfect can cause procrastination. Procrastination can lead to not getting things done. If you want to get content fast, you’ll need to learn to keep it simple.

    Getting content fast is a possibility. You don’t have to spend all your time pecking away at your keyboard all alone to get content for your website or blog. You can get help from others by outsourcing and curating content. You can keep an idea file so that when it’s time to sit down and create, you’re ready.

    Categories: blogging, Content Tags: Tags:

    Eight Ways to Create Passive Income

    There are many ways to create passive income online today – more ways than this one article can give you. Perhaps you will get your creative juices flowing by looking at these ideas for making passive income online.

    1. YouTube Channel

    Creating a YouTube channel to make passive income can take a lot of work. But, the video you make today can earn money for you forever, or at least as long as YouTube continue to do things the way they now do it.

    The best way to proceed is to come up with a good idea that your audience will enjoy and try to put up as many videos as you can each week, no less than one a week. With YouTube, consistency is the key. A good example of a high earning YouTube Channel is Mother Goose Club which earns millions a year.

    Link – https://www.youtube.com/user/MotherGooseClub

    2. Busy Niche Website / Blog

    A busy website or blog is a great way to earn passive income. At first you’ll have to work extra hard getting up the right content, and finding the right products to promote. You won’t be able to join an ad network other than AdSense until you are more popular, but it won’t take long if you work at it daily.

    A good example of a blog that earns good money is RealitySteve.com. You don’t have to create something about celebrities to earn a lot of money, though.

    3. Kindle EBooks

    You can write and publish Kindle eBooks for passive income. It’s easy and free to publish on Kindle. You can write the books yourself, or you can truly make it passive by outsourcing it to someone else to do. A man by the name of Ty Cohen makes millions via Kindle publishing. There are more, so that means it’s possible.

    4. Develop an App

    Take a clue from Ty Cohen and create apps too. You don’t need to know even one bit of code, because you can find a freelancer on a site like Upwork.com to do it for you. Then you will promote the app to your audience. The app will earn money for a long time if you create the right kind.

    5. Create an ECourse

    With all the simple software that is available now, you can take your idea and create a course in no time. Try using a system like LearnDash.com, or Udemy.com to promote and sell your course. Look up LMS or “sell your eCourse online for money” and you’ll find plenty of ways to do it.

    6. Develop Information Products

    You can write or use digital video to create information products to promote to your audience. In fact you can put them on ClickBank.com, JVZoo.com, and other affiliate networks to allow others to sell the product too for a percentage. This is the fastest way to start making passive income, because technically you only need sales pages and not full-fledged websites to promote.

    7. Membership Website

    If you have knowledge that others want, you can put it behind a membership wall and collect a monthly fee for those who want to join. Some good examples of memberships that make money are Writer Help Wanted, and the membership community Living Plant Based. Any idea that you have can work as a membership community.

    Links:
    Writer Help Wanted – http://www.writerhelpwanted.com/
    Living Plant Based – http://www.livingplantbased.com/

    8. Become a Niche Affiliate Marketer

    There are many products already created that you can start to promote now. You can go to ClickBank.com, JVZoo.com and other affiliate networks to find products that have affiliate programs that are ready for you to promote. Simply use proven systems to promote their products, and you can be making passive income in no time.

    While the beginning of creating passive income is anything but “passive,” the point is that once you start creating and marketing these products you will stop the treadmill of trading hours for dollars. Instead of being limited by how much time you have each day, you’ll be able to sell your products to as many people as you desire.

    Categories: Content, Run a Home Business Tags: Tags:

    Where to Learn What You Need to Know

    When seeking to become an expert in a niche, it’s important to realize it’s not going to happen overnight. You’re going to have to do your time like everyone else – learning, building, and becoming the expert that you want to become. However, don’t let the daunting hill ahead of you stop you. Before you know it, you’ll be at the top of that hill and you’ll never look back.

    Read Books

    There are likely books and opinions out there already on your niche. It’s important to read and soak in a variety of ideas from those who are already experts. Knowing the prevailing wisdom and how it came to be will help you on your journey to becoming an expert, and will also aid you in forming your own thoughts and opinions.

    Get Experience

    As you are learning from other experts, you’ll want to implement what you’ve learned. There is no such thing as an expert on a topic who has not tried it or done it. Put into practice the theories you’re learning about. Test out some of your own ideas, see what works and what doesn’t work. This is the foundation by which you’ll become a sought-out expert, because you have proof that you did xyz and it worked or did not work.

    Join Mastermind Groups

    A mastermind group usually consists of a leader who is an expert in a particular niche. You don’t have to join a group that is in your niche; instead join a group that is designed to help you achieve in your own niche. For example, if you need to learn more about public speaking to help promote your ideas, join a public speaking mastermind group.

    Take Courses

    Today you don’t have to even leave your house to take courses to learn the things you want to know. You can take both accredited and unaccredited courses to become an expert. Courses are offered by even MIT that are not accredited. The important thing is that you learn what you need to learn in a manner that enables you to learn a topic quickly.

    Stay Focused

    While you’re involved with learning it can be easy to be distracted from your mission. Your mission is to become an expert in a particular topic and niche, not to become the best public speaker. So don’t get your head turned just because you find learning something exciting – stay the course.

    Hire a Coach

    For some people, hiring a coach that can help them stay focused on doing what they set out to do can be helpful. The coach doesn’t have to be an expert in the area you want expertise in either. Instead they should be an expert in helping people reach their goals, whatever they are. However, it does help if the coach is cognizant of your field a little.

    Practice

    You’ve heard your mom say it, “Practice makes perfect” and it’s true. The more you practice something and gain experience in something, the more likely you are to become an expert. Don’t just do it once a week; do whatever it is every day. They say it takes 10,000 hours of studying and doing to become an expert, so don’t waste any opportunities.

    Don’t Give Up

    It’s important to persevere and not give up. You may become an actual expert before the public accepts you as an expert. This is to be expected, but can be difficult to handle. Just keep going, keep promoting, and keep learning and it will happen. One step forward each day will culminate in gaining what you set out to gain.

    As you embark on your rise to expert status, you’ll likely find that there are roadblocks impeding your ability to get to the top. But, you can overcome all of them with perseverance and focus on the goals that you have made.

    Categories: Content, Run a Home Business Tags: Tags: