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Passive Income is a Goal Anyone Can Achieve

by depotgang
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Passive income is almost like the Holy Grail of Internet marketing. Passive income streams require some time and energy to set up, but if done properly, can be set on virtual auto-pilot and they begin cranking out income without a lot of additional effort.

But many people are under the mistaken illusion that passive income is only for successful 'guru' type Internet marketers who have a massive mailing list and lots of high-profile buddies who will do joint ventures with them.

Passive income is indeed a goal that anyone who is willing to put in the effort can achieve. You have to be willing to take action, focus on creating results and learning from your mistakes in order to achieve success.

Below are some ideas for creating passive income streams:

  • Sell advertising on your blog
Create a successful website or blog on a popular topic. Get it to the point where it's generating a lot of traffic and then begin to accept advertising on the site. Visit other, similar blogs in your industry and get a general idea of how much they charge vs. how much traffic they are generating. Come up with your own price list for the various sized ad spots on your site and then invite advertisers to purchase ads on your site.

  • Create information products
With digital information products, you use your knowledge and expertise to create a product whether it's a video, audio program or a text eBook, you create the product once, but you can continue to sell it for years generating passive income. Even after the information is not quite as current you can offer it as a free product to build your list.

  • Affiliate marketing
Pre-selling and drumming up interest and demand for other people's products is a low-cost way to start generating some passive income streams. One you've created a blog, articles and videos with your affiliate links pointing at the vendor's site, then you've got to send traffic to those resources. But if what you are marketing has a recurring income component, you're doing the work of selling the product once, but enjoying the returns for as long as the customer stays with the program.

  • Subscription, membership, or continuity programs
They have many names, but basically you create a resource that people are willing to pay monthly for. You create the content once, but you get paid for it again and again, month after month.


  • Multi-level/ Network Marketing
When you join a network marketing company and start selling their products and recruiting others to sell products under you, you derive a passive income not only from their efforts, but from the efforts of the people that they recruit.

Each of these ideas requires an initial investment of your time, energy, ideas and money. But once you get them set up and running successfully, your efforts will begin generating passive income streams.

If you have grown weary of trading your time for dollars, choose one of the projects mentioned and begin investing the time and energy in building it up to the point where it will start generating a return for you. One you complete one, go ahead and do it all over again thereby multiplying your returns.

If you are ready to learn a fun, powerful way to generate a passive income, you'll want to check out Massive Passive Profits
#achieve #goal #income #passive

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