I reveal 10 ways I currently generate passive income online. Been doing this since 2008 after getting laid off, and the idea of generating income without directly trading time for dollars is real and is possible, however passive income online does not happen overnight, and anything or anyone that tells you otherwise is lying. It takes work, but it’s absolutely worth the effort.
For each passive income method I share here, I also tell you how you can started (your literal first step), as well as the biggest mistake I personally made so that you can get over that hump earlier in your journey.
How to Really Make Passive Income Online
Referral programs, also known as affiliate programs, reward you for working well with others.
It’s common for affiliate programs to be commission-based. Affiliate programs provide an excellent way to generate passive income. You earn money by referring customers to a company’s product or service. There’s no extra work involved, so it’s easy to make money.
As a result of recommending the site to your visitors, you will receive a commission for any sales they make.
Thus, the merchant benefits. If you already have a successful website, you can run an affiliate program from it. Otherwise, you can build a site just to promote a particular product. As long as it brings in more cash than it should, you’re fine if you build it or run it.
One of these strategies is bound to make sense for you and your personality type, so watch ’til the end and see which one strikes you as the most interest and viable option.
Passive Income Video Resources
Resources mentioned in this video (some of the links below are affiliate links):
*Let Go (My 1st Book):
*Will It Fly (My 2nd Book):
*Superfans (My 3rd Book):
*Will It Fly Income Report (Published Book Revenue):
*Power-Up Podcasting (Online Course):
*SwitchPod (Physical Product):
*SPI PRO (apply to our membership community):
*Circle.so (membership/community software platform):
*The Coaching Habit (by Michael Bungay Stanier):
*Affiliate Marketing Videos:
The Smart Passive Income Podcast:
AskPat (these are real life business coaching calls):
Also, have you thought about starting your own podcast? Check out the #1 podcasting tutorial on YouTube here:
The podcasting equipment I use:
My video and live streaming equipment:
If you’d like to send me any snail mail, send it here:
10531 4S Commons Dr.
San Diego, CA 92127