Best Method of Passive Income?

membership sites

I think Affiliate marketing is one of the passive income source.

imho affiliate marketing is a great way to start getting instant commissions to your paypal account

Blue chip stocks and bonds paying dividends.

List building and email marketing.

Video marketing is also a great way to make a passive income.

Internet income via affiliate and internet marketing

Yea you can make passive income...

Just keep in mind that there is something you will need to do before the passive income kicks in...

Work :p

(it sometimes comes up as a surprise to many)

1. Build your own blog
2. Get TRAFFIC
3. Monetize them with advertisement, Adsense, comment review charging, Affiliate product and in-line ads.

Here you go.

I think Affiliate marketing.

iherb without a doubt (no signature plug intended)

I believe membership sites that are automated services come the closest to passive income. Affiliate/vendor platforms like JVZoo and PayGoBank and autoresponder services are pretty much hands of other than support and very little maintenance.

A time limited membership site can be passive as once the content is created the only work it getting members. These are memberships where you might get 12 monthly lessons and then your done.

Your not constantly working to supply new content every month. You can start your membership with only one month of content and create each months content in a timely fashion each month until you get the promised number of lessons completed.

The just dip the content monthly to new members and it just keeps going as long as you keep getting new members.

Best regards,
Steve Yakim

I don't know if there is truly a way to make passive income. I own rental property which is considered passive income and I have an agent that looks after much of the work that I'd rather not do. However, while I do very little, I still need to get involved occasionally, because it's still my investment.

I think Internet Marketing can be similar. You can build up a responsive list of subscribers over time and this will mean that you need to do a lot less than when you first started to make the same income, but either you or your team will still need to keep your hand at the wheel.

That said, an internet marketing business can make you money when you're working on it and when you're not working on it and that is attractive.

There are a few evergreen niches that will always meet people's needs and therefore always offer the potential for you to earn money. I personally focus on helping people to practically apply Internet Marketing from scratch. I believe that there will always be people who have learned what they need to do, but don't know how to apply it.

Yes, affiliate marketing is the best way to do it.

I would say the most passive income you can generate is from promoting membership sites that offer a recurring commission. If you can promote a quality membership site with high retention rate, you can make 100% passive income for years.

I don't think there's any other passive income model that requires less effort than promoting high retention membership sites.

affliate and cpa sites are definitley passive

Passive income is the rewards you get from the work you do at the start. The more you put in then the more you get out.

Effectively there is no 100% form of passive income, but there is plenty of ways to earn income passively if you choose the correct methods..

What are the methods?

There everywhere and this forum shares them with you every day.

List Building

Because it later becomes your own Power House for Traffic whenever you want !

2nd is making a Membership Site (thats what benefiting me a lot)

Thanks !

If you know exactly what tasks needs to be done, then you can outsource effectively

and still reap the HUGE benefits that come with it.

Sell proven long term recurring affiliate products, e.g. membership sites, autoresponder scripts, hosting, think like rentals that people need to pay for with their online marketing.

Plenty of different SAAS business out there crying for your affiliate promotion. Good luck.

Promote affiliate products that have recurring payments.

Outside IM, it has to be high yielding stocks that offers a chance to appreciate in value at the same time.

In IM, the best I have found is Adsense on an authority site with completely unique content. Otherwise, selling links used to be very stable but that is over now.

Let's be honest with ourselves, there is nothing like passive income. You need to put some sorts of efforts to make money.

I agree with waheed60; there is no such thing as passive income - that's a thing of the past.

Insurance sales.

This is more of a career than a "method" or "idea"

But yes, if you get into medicare insurance or final expense life insurance, you can make residuals on the renewals.

welfare...


(OK - find a good nutritional MLM, work it for 2-5 years & develop leaders as well as a customer base. Take a couple months off & if your business still is growing - it sure looks passive to me.)

You're asking the wrong question. In fact, the whole idea of "passive income" is a lie. And if your focus is on "passive income," your focus is totally on the wrong thing.

As mentioned in this article (The Top 4 Reasons Why 'Passive Income' Is A Dangerous Fantasy - Forbes), Bryan Franklin, a Silicon Valley executive coach, pointed out: that "...the fundamental flaw common to all intentions to create "passive income": the focus with such efforts is totally on the wrong thing.

'Every time I've seen someone create a business, with the ultimate intention of getting away from that business and its customers as quickly as possible, instead of moving towards that business and its customers, it fails.

"What makes business work is creating value. If you're going into the business with the intention of not creating value, but of having it magically provide money for you, then you often make really bad choices. The business that you're investing in or creating doesn't tend to be creating value for its customers or for anyone. So it doesn't tend to spit off the cash you're hoping it will. So many times I've seen people pursue passive income, and end up having active losses instead. They just spend a lot of time and money trying to push responsibilities off on other people and having it not work.'"

Another excellent article is The Myth of Passive Income & The Best Thing That Ever Happened to Online Business (do you agree?) | Live Your Legend

When people talk about "passive income", they're really talking about leverage. First, entrepreneurs figure out how to create value and then they automate that process. But there is ALWAYS work up front -- usually A LOT of work.

Once the up front work is done, the goal is to then leverage your time, money and expertise as much as possible for as much return possible. That DOESN'T mean NO work.

Unfortunately, the myth of passive income plays to our natural tendency to try to get something for nothing or to game the system, to feel like we've pulled one over on someone.

But if this is your driving force, you'll fail. You're much better off choosing a smart business model in a niche you're passionate about. Smart business models used by the wealthy include:

1. Publishing (this is the royalty model someone else mentioned)
2. Membership-based businesses
3. Real estate

What a lot of Warriors fail to realize is that IM has a lot of leverage already built into it. You're not in a field doing farm work, getting paid on an hourly basis for your labor. The Internet is already a system of connected, automated processes. These models take it a step further.

If you offer services on an hourly basis, you can leverage and "productize" your services by creating info products around what you know and do. (This is the publishing model.) Now you've taken the hourly service work out of the equation. If you can sell enough info products to equal or surpass your service-based income, you've taken a GIANT leap forward in leveraging your business and increasing your income -- and freed up a LOT of time (which can now be used to generate MORE income).

But understand this: in ANY business, there is ALWAYS a certain amount of up front work. There is ALWAYS a certain amount of "maintenance" work (customer service, tech support, etc.). And there is ALWAYS marketing to do.

You can't get away from that -- unless you become a venture capitalist and just fund other people's businesses, invest in the stock or bond market, etc.

Bottom line: if you're looking for completely "passive income", you're just another idiot looking for something for nothing. People like this WILL fail -- and DESERVE to fail.

Michelle

There is no such thing as passive income. Sure, you have less work after a couple of months, but if you think that you'll be making any sales without any work, then you're wrong.

Hi,

For me it has to be...

...CREATING THE BEST QUALITY PRODUCTS & services YOU CAN
and that way more and more of your customers will keep coming back for more.

Without you having to convince them that your products are the bees knees.

It works for me.

Once people know, like & trust you....you'll find sales hitting your accounts
even whilst you're out doing other things.

So think - QUALITY first then quantity too.

Those who claim that "there's no such thing" as passive income tend to have a different (and misguided) definition of that term.

Passive income is income earned with little to no effort required to maintain it. Again: *Little* to no effort. In other words, no one ever said passive income is supposed to be 100% hands-free forever and ever.

So if you earn money from something while only performing minor (or irregular) maintenance -BOOM - guess what??? That qualifies as passive.