Is there such a thing as passive income?

Bounderby · 06-23-2009, 04:39 PM

I suspect almost all of us would gladly welcome, say, $5k a month for doing absolutely NOTHING.
I do not believe in the 'I make $xxxxx working three hours a week after two months'.
I do, however, believe that it is possible to generate significant sums with minimal or NO work, provided you have worked your a$$ off the previous three years or so.
But how would you get yourself to this point? What life expectancy do you give your sites if you've set them up then ignored them? At some point your affiliate products will become out-dated or superseded, or your adsense sites will slip down the rankings.
It's like being an author or songwriter - on product release the royalties are consistent but tail off over time. You need another book or song to maintain your earnings.

I would be interested to hear what people's long term goals are, whether you intend to carrying on developing and promoting or whether one day you hope to sit back and watch the money roll in? Does anybody believe in genuine passive income?

John Durham · 06-23-2009, 05:39 PM

1:If you broker a deal for instance: Hooking up a "salt and pepper supplier" with the McDonalds corporation... then you can make 5 k per month consistently without doing much more than processing an order for a couple of hours per month.

2: 250 web hosting customers at 20 bucks per month is 5k residual...

There are tons of examples... like the one you pay your electric bill to every month...

One thing is for sure though, there's no free lunch you have to earn your way there or "pay" your way there.

Policy changes with google and adsense and affliate marketing programs, article directories... create lots of variables..., there has to be effort happening to keep something going in my experience but,

THERE"S NO SAYING THAT THE EFFORT HAS TO BE YOUR OWN.

The real question is "Is it worth fighting for"? Is it worth taking your best shot and just knocking the crap outta life?

For me, I would say yes! I might lose, but I might win too... if you don't fight, you definitely lose!

Personally I will take the chance to WIN!!!

It's worth it.

To answer question: My goal is to sit back on my couch and talk to a couple of key people for 20 minutes a day and delegate EVERYTHING!!

Bounderby · 06-24-2009, 01:19 PM

That's a good point, I had not considered the ongoing maintenance being done by someone else! Thank you.

freakonaleash · 06-24-2009, 01:34 PM

passive income can be a goal yes. whats so absurd about the idea of growing bigger and bigger? but first things first, many of us have to lay the groundwork first and repeat the successful campaigns over and over again. this is not something that just the subject to the gurus of IM.

Ewan Cormack · 06-24-2009, 03:33 PM

Yes, passive income exists. It does involve a slightly old-fashioned method though:

1. Make lots of money
2. Put it in the bank
3. Watch the interest payments roll in!

Seriously though, passive income online isn't a myth, but it's never entirely dependable either. Google tweaks the algorithm a bit, Clickbank stops working, EZA changes their rules...and BAM. Your passive income virtually disappears overnight.

That doesn't mean you shouldn't aim for it, it just means you shouldn't rely on it.

debra · 06-24-2009, 03:39 PM

The only real passive income I know of that you don't work for in any form or fashion....Is...

In the control of your Grandparents.

Other than that...be prepared to work for it and the faster you give up the pipe dream, the sooner you will start earning.

Jesse Kemmerer · 06-24-2009, 03:47 PM

You don't have to write tons of articles or use Google to create
passive income.

Ever heard of integration marketing concepts? Get together with
other marketers and help them monetize their "dead real-estate."
Places that aren't currently making them money - download page,
thank-you page, early autoresponder, etc.

Put up a small ad for a free offer. On the backend of your offer,
place a OTO and give your affiliates a decent commission.

As long as they continue to make sales and convert subscribers,
they'll get paid more, and you'll get paid more.

Set this up with a few partners. And then you'll get your passive
income.

All the best,

Jesse Kemmerer
kemmerer.j@gmail.com

yrre7 · 06-24-2009, 03:48 PM

Another example would be buying lots of rental properties and get them managed by some property management company. Then you wouldn't have to do anything.

bizgroup · 06-24-2009, 03:49 PM

I don't know if passive income is possible for everyone but residual income is very obtainable if you do the work.

Jesse Kemmerer · 06-24-2009, 04:36 PM

Follow the system I outlined above and you'll get passive income.
I guarantee it! =]

JustaWizard · 06-24-2009, 05:28 PM

For sure there are IM'ers making passive income from Adsense and affiliate programs.

Offline, the passive income is NOT in MLM, it's in insurance sales and financial planning.

I know insurance salespeople and financial service advisors making 5 and 6 figures, and yes, they worked to get it.

Passive income is fine as long as it's for value delivered.

Something for nothing is not only a myth, it's bad all the way around.

My opinion is too many people want to live like kings and queens and generally have a life of luxury and no responsibility...

YECHH!!!

I say, stay busy, work hard, contribute value wherever you can and whenever you can.

Lucille Ball once said "the more you do, the more you CAN do".

So the reverse is also true: the less you do, the less you can do!

my 2 cents....

Best,
David

KatherineAnneCarr · 06-24-2009, 07:39 PM

its possible for sure.. but it does take hard work and thinking out of the box...

I have been involved with some sites that have really taken off and have made a lot of $$$ for their owners with not much work after the launch.. it is possible..

fizfaz · 06-24-2009, 07:45 PM

I think it possible to have passive income with very minimal work provided that you've very stable foundation business that you've work very hard before. Only need minimal work to maintain it.

Don Schenk · 06-24-2009, 07:46 PM

Quote:

Originally Posted by yrre7

Another example would be buying lots of rental properties and get them managed by some property management company. Then you wouldn't have to do anything.

Yrre, you are spot on with that post. The key is a good management company who looks after your properties like the properties were their own.

Such companies do exist.

:-Don

adamv · 06-24-2009, 08:30 PM

I don't think there is truly a 100% passive income. I think that in IM I can come close enough to passive to satisfy me at some point.

The closest thing to 100% passive income would be to make a fortune and then invest the money and live off of the interest but even that would require a little checking on once in a while to make sure your investment is still good and you're not getting screwed by someone.

100% hands off income may not be possible but I think you can come pretty damn close if you play your cards right.

LeeMasterson · 09-02-2009, 07:42 PM

Passive income has been around for decades. It's not a new idea, but people are finding new ways to generate it.

It's already been mentioned that you could put your money in the bank and let it earn interest. That's passive.

You could buy real estate and charge rent. Pay a property manager to do all the work for you. Your rental income (once the associated mortgage is paid off) is passive income.

Buy stocks and let the dividend income roll in year after year (or until the company you bought shares in dies a miserable death).

Write a really popular song and receive royalties everytime some radio station plays it.

Write a book and receive royalties on every sale.

Invent something, then register the patent. Sell the rights to the patent for a percentage of sales to the manufacturer. Receive royalties for as long as they keep selling what you invented.

Then there's the tried and true 'build an adsense site' and let Google pay you for any clicks you can manage to get.

Join Clickbank or CJ or whatever and set up a site (or several) to promote affiliate products.

Plenty of ways to earn passive income. Will you choose just one or a combination of several?

Zeus66 · 09-02-2009, 10:07 PM

Nobody mentioned Trust Funds. Ever know a 'Trust Fund baby?' Yeegads, those are some seriously screwed up people!

John

Gavenecko · 09-02-2009, 10:07 PM

Maintenance will always be needed, but eventually it be easy. I think there is such thing as passive income depending on the number of websites you have and the content they contain. Someone is always going to look up something REALLY old, but the chances of your ranking getting knocked down in 10 years is pretty steep.

Will Edwards · 09-02-2009, 10:17 PM

Yes - my online earnings are mostly from passive income. That's what I intended to do right at the outset. It has taken me years of effort to figure out what works and how to grow it, but it is growing and it is passive.

Will

Tsnyder · 09-02-2009, 11:14 PM

Quote:

Originally Posted by JustaWizard

For sure there are IM'ers making passive income from Adsense and affiliate programs.

Offline, the passive income is NOT in MLM, it's in insurance sales and financial planning.

David

Despite your limiting belief about the possibilities in MLM I cash a
pretty good sized check every month from an MLM company I haven't
actively worked since the mid 90's.

I worked my ass off for about 6 years previous to that.

Tsnyder

jokarl · 09-03-2009, 12:43 AM

To me the easiest passive income is investing in high dividens stocks. They will cashout money every 3 months or so and in the long run (5+ years) its a totally safe investment that will print money for you on autopilot no matter what happens online

The problem is that it takes pretty much money to get a good passive income.

mikemcmillan · 09-03-2009, 12:53 AM

Online passive income sounds great, but remember--there are lost of very serious, very clever, and very dedicated souls out there willing to do almost anything to out-do you. Anyone who sits on their laurels risks becoming a pile of bleached bones on the desert sands of time.

One thing is to consider developing an online course on a subject. There are many platforms out there for doing this. I have a course I developed 4 years ago and have not changed the content one bit since then. The only work involves answering questions from registrants--which are mostly very simple questions. I have some days with no questions and some with a couple dozen--but it takes less than 15 minutes a day to monitor.

An online course is different than a membership site. A membership site has contents that must be delivered regularly over a period of time. An online course has a static content. The key is in finding a company that offers online courses and getting your course into their system. They do all of the marketing and handle all of the registrations and so forth.

Just a thought.

success4all · 09-03-2009, 10:59 AM

YES.

If you are in the IM as a product creator or affiliate, here is a way to build your passive monthly income:

http://www.warriorforum.com/groups/w...-jv-group.html

This is not a get rich over night scheme, but over a period of time this can be done as you build your IM business. You don't have to work off your a$$ for the rest of your life.

bobsstuff · 09-03-2009, 11:49 AM

I have a site I created in 1997 to sell physical products. Additonally I put adsense on the site. Back in the good ol' days it generated about $300 a month. I have not updated it in years (lost interest) and it is now down to about $10 a month in adsense income.

Yes, passive income is very possible. I used to call the adsense income "Free Money", but if you neglect sites for too long they can diminish is income.

I have another site that I have neglected for a couple years. It used to make about $14 a month from Linkshare. Two months ago it made $49 and last month it was $154. What would happen if I got back to updating the site? HMMMMMMMMMmmmmmmmm!!

jasonl70 · 09-03-2009, 01:13 PM

Quote:

Originally Posted by Bounderby

I suspect almost all of us would gladly welcome, say, $5k a month for doing absolutely NOTHING.
I do not believe in the 'I make working three hours a week after two months'.
I do, however, believe that it is possible to generate significant sums with minimal or NO work, provided you have worked your a$$ off the previous three years or so.

I did maybe 3 hours of work ALL summer, and managed to still average around 7k a month. And I'm leaving about 3k on the table, as I have a site that died and I haven't taken the time yet to fix it.

Seriously - I work on a new site/project over a weekend, and within a few weeks of tweaking, etc, it's usually finished and pretty much hands off from there.

It's a matter of not picking a model that requires a lot of daily activity and upkeep. If you follow a model that depends on busting your ass for a long period of time, then yes, that is the business you will end up with.

I don't know about others here, but I got into IM so I could work LESS

kf · 09-03-2009, 01:42 PM

Unless you call family dinners when you'd rather be elsewhere 'work' ... I know people who are putting in their time primarily to get in the good books. Sad, but it happens.

Quote:

Originally Posted by debra

The only real passive income I know of that you don't work for in any form or fashion....Is...

In the control of your Grandparents.

Kael41 · 09-03-2009, 03:52 PM

Hell yes there's such a thing. I actually specialize in it...i've built sites 4 or 5 years ago that are still going strong in adsense income..and i've at times let them sit for 2-3 years on end before adding some more content.

Sounds pretty passive to me

06-23-2009, 04:39 PM	#1
Bounderby Active Warrior Join Date: Mar 2009 Posts: 89 Thanks: 20 Thanked 4 Times in 4 Posts	Is there such a thing as passive income? I suspect almost all of us would gladly welcome, say, $5k a month for doing absolutely NOTHING. I do not believe in the 'I make $xxxxx working three hours a week after two months'. I do, however, believe that it is possible to generate significant sums with minimal or NO work, provided you have worked your a$$ off the previous three years or so. But how would you get yourself to this point? What life expectancy do you give your sites if you've set them up then ignored them? At some point your affiliate products will become out-dated or superseded, or your adsense sites will slip down the rankings. It's like being an author or songwriter - on product release the royalties are consistent but tail off over time. You need another book or song to maintain your earnings. I would be interested to hear what people's long term goals are, whether you intend to carrying on developing and promoting or whether one day you hope to sit back and watch the money roll in? Does anybody believe in genuine passive income?

06-23-2009, 05:39 PM	#2
John Durham Senior Warrior Member War Room Member Join Date: Dec 2007 Location: , , USA. Posts: 3,313 Thanks: 2,784 Thanked 3,046 Times in 1,182 Posts	Re: Is there such a thing as passive income? 1:If you broker a deal for instance: Hooking up a "salt and pepper supplier" with the McDonalds corporation... then you can make 5 k per month consistently without doing much more than processing an order for a couple of hours per month. 2: 250 web hosting customers at 20 bucks per month is 5k residual... There are tons of examples... like the one you pay your electric bill to every month... One thing is for sure though, there's no free lunch you have to earn your way there or "pay" your way there. Policy changes with google and adsense and affliate marketing programs, article directories... create lots of variables..., there has to be effort happening to keep something going in my experience but, THERE"S NO SAYING THAT THE EFFORT HAS TO BE YOUR OWN. The real question is "Is it worth fighting for"? Is it worth taking your best shot and just knocking the crap outta life? For me, I would say yes! I might lose, but I might win too... if you don't fight, you definitely lose! Personally I will take the chance to WIN!!! It's worth it. To answer question: My goal is to sit back on my couch and talk to a couple of key people for 20 minutes a day and delegate EVERYTHING!!
	Free Video Tour Of My Call List Generator! No Need to PM, Opt In, or Skype, just click the link here to see what its all about!

06-24-2009, 01:19 PM	#3
Bounderby Active Warrior Join Date: Mar 2009 Posts: 89 Thanks: 20 Thanked 4 Times in 4 Posts	Re: Is there such a thing as passive income? That's a good point, I had not considered the ongoing maintenance being done by someone else! Thank you.

06-24-2009, 01:34 PM	#4
freakonaleash Warrior Member Join Date: May 2009 Posts: 22 Thanks: 0 Thanked 1 Time in 1 Post	Re: Is there such a thing as passive income? passive income can be a goal yes. whats so absurd about the idea of growing bigger and bigger? but first things first, many of us have to lay the groundwork first and repeat the successful campaigns over and over again. this is not something that just the subject to the gurus of IM.

06-24-2009, 03:33 PM	#5
Ewan Cormack The buck stops here War Room Member Join Date: May 2009 Posts: 181 Thanks: 32 Thanked 39 Times in 34 Posts Contact Info	Re: Is there such a thing as passive income? Yes, passive income exists. It does involve a slightly old-fashioned method though: 1. Make lots of money 2. Put it in the bank 3. Watch the interest payments roll in! Seriously though, passive income online isn't a myth, but it's never entirely dependable either. Google tweaks the algorithm a bit, Clickbank stops working, EZA changes their rules...and BAM. Your passive income virtually disappears overnight. That doesn't mean you shouldn't aim for it, it just means you shouldn't rely on it.

06-24-2009, 03:39 PM	#6
debra Just Me War Room Member Join Date: Feb 2005 Location: Texas, USA. Posts: 1,348 Thanks: 37 Thanked 130 Times in 114 Posts Contact Info	Re: Is there such a thing as passive income? The only real passive income I know of that you don't work for in any form or fashion....Is... In the control of your Grandparents. Other than that...be prepared to work for it and the faster you give up the pipe dream, the sooner you will start earning.
	Buy LED lights at LED wholesale manufacturer pricing direct. Offering full range of super bright led lights. All LED lights are DOT approved with 10 year warranty.

06-24-2009, 03:47 PM	#7
Jesse Kemmerer SMSMFM. War Room Member Join Date: Jan 2009 Location: Martinsburg Posts: 486 Thanks: 31 Thanked 103 Times in 48 Posts Contact Info	Re: Is there such a thing as passive income? You don't have to write tons of articles or use Google to create passive income. Ever heard of integration marketing concepts? Get together with other marketers and help them monetize their "dead real-estate." Places that aren't currently making them money - download page, thank-you page, early autoresponder, etc. Put up a small ad for a free offer. On the backend of your offer, place a OTO and give your affiliates a decent commission. As long as they continue to make sales and convert subscribers, they'll get paid more, and you'll get paid more. Set this up with a few partners. And then you'll get your passive income. All the best, Jesse Kemmerer kemmerer.j@gmail.com

06-24-2009, 03:48 PM	#8
yrre7 Active Warrior Join Date: Sep 2008 Posts: 31 Thanks: 0 Thanked 1 Time in 1 Post	Re: Is there such a thing as passive income? Another example would be buying lots of rental properties and get them managed by some property management company. Then you wouldn't have to do anything.

06-24-2009, 03:49 PM	#9
bizgroup Warrior Member Join Date: Mar 2009 Location: North Carolina Posts: 15 Blog Entries: 1 Thanks: 10 Thanked 0 Times in 0 Posts Social Networking	Re: Is there such a thing as passive income? I don't know if passive income is possible for everyone but residual income is very obtainable if you do the work.
	Building Online Wealth Go to Outdoor Activity Store for all your outdoor needs.

06-24-2009, 04:36 PM	#10
Jesse Kemmerer SMSMFM. War Room Member Join Date: Jan 2009 Location: Martinsburg Posts: 486 Thanks: 31 Thanked 103 Times in 48 Posts Contact Info	Re: Is there such a thing as passive income? Follow the system I outlined above and you'll get passive income. I guarantee it! =]

06-24-2009, 05:28 PM	#11
JustaWizard SEO Expert & Author War Room Member Join Date: Feb 2007 Location: Vancouver, WA USA Posts: 486 Thanks: 201 Thanked 57 Times in 31 Posts Social Networking	Re: Is there such a thing as passive income? For sure there are IM'ers making passive income from Adsense and affiliate programs. Offline, the passive income is NOT in MLM, it's in insurance sales and financial planning. I know insurance salespeople and financial service advisors making 5 and 6 figures, and yes, they worked to get it. Passive income is fine as long as it's for value delivered. Something for nothing is not only a myth, it's bad all the way around. My opinion is too many people want to live like kings and queens and generally have a life of luxury and no responsibility... YECHH!!! I say, stay busy, work hard, contribute value wherever you can and whenever you can. Lucille Ball once said "the more you do, the more you CAN do". So the reverse is also true: the less you do, the less you can do! my 2 cents.... Best, David
	--> FREE SEO WEBSITE REVIEW! <-- No strings, no catches, no kidding... I'll make a screen-cast video of your SEO website review for you - click here to get yours!

06-24-2009, 07:39 PM	#12
KatherineAnneCarr Warrior Member Join Date: Jun 2009 Posts: 4 Thanks: 0 Thanked 0 Times in 0 Posts	Re: Is there such a thing as passive income? its possible for sure.. but it does take hard work and thinking out of the box... I have been involved with some sites that have really taken off and have made a lot of $$$ for their owners with not much work after the launch.. it is possible..

06-24-2009, 07:45 PM	#13
fizfaz Active Warrior Join Date: May 2006 Location: , , . Posts: 38 Thanks: 4 Thanked 0 Times in 0 Posts	Re: Is there such a thing as passive income? I think it possible to have passive income with very minimal work provided that you've very stable foundation business that you've work very hard before. Only need minimal work to maintain it.
	Cheap Langkawi Packages Best Treadmills for Home

06-24-2009, 08:30 PM	#15
adamv Senior Warrior Member War Room Member Join Date: Oct 2007 Location: Sacramento, CA, USA. Posts: 1,111 Thanks: 165 Thanked 239 Times in 139 Posts	Re: Is there such a thing as passive income? I don't think there is truly a 100% passive income. I think that in IM I can come close enough to passive to satisfy me at some point. The closest thing to 100% passive income would be to make a fortune and then invest the money and live off of the interest but even that would require a little checking on once in a while to make sure your investment is still good and you're not getting screwed by someone. 100% hands off income may not be possible but I think you can come pretty damn close if you play your cards right.
	Powerful Backlinks - Affordable Prices - We will write, spin and submit articles to the best blog network on the internet while you watch your sites shoot to the top of the rankings. PLR Article Packs - Keyword Researched Seo Friendly Articles. Limited to 65 copies. Currently available packs "Fat Burning" and "Quit Smoking."

09-02-2009, 07:42 PM	#16
LeeMasterson Active Warrior Join Date: Nov 2008 Location: Adelaide, Australia Posts: 43 Thanks: 11 Thanked 10 Times in 9 Posts Contact Info	Re: Is there such a thing as passive income? Passive income has been around for decades. It's not a new idea, but people are finding new ways to generate it. It's already been mentioned that you could put your money in the bank and let it earn interest. That's passive. You could buy real estate and charge rent. Pay a property manager to do all the work for you. Your rental income (once the associated mortgage is paid off) is passive income. Buy stocks and let the dividend income roll in year after year (or until the company you bought shares in dies a miserable death). Write a really popular song and receive royalties everytime some radio station plays it. Write a book and receive royalties on every sale. Invent something, then register the patent. Sell the rights to the patent for a percentage of sales to the manufacturer. Receive royalties for as long as they keep selling what you invented. Then there's the tried and true 'build an adsense site' and let Google pay you for any clicks you can manage to get. Join Clickbank or CJ or whatever and set up a site (or several) to promote affiliate products. Plenty of ways to earn passive income. Will you choose just one or a combination of several?
	PLR Article Wizard http://www.plr-article-wizard.com Limited Edition PLR articles on highly profitable keywords. Forex Trading \| Credit Repair \| Dog Training \| World of Warcraft \| Weight Loss \| Tattoos and more being added all the time.

09-02-2009, 10:07 PM	#17
Zeus66 John Schwartz War Room Member Join Date: Jul 2008 Location: Near Dallas, TX, USA Posts: 3,691 Thanks: 1,620 Thanked 3,245 Times in 1,140 Posts Social Networking	Re: Is there such a thing as passive income? Nobody mentioned Trust Funds. Ever know a 'Trust Fund baby?' Yeegads, those are some seriously screwed up people! John
	NEW - Partner Coaching - Guaranteed Passive Income Weekly Videos On Basic IM Skills

09-02-2009, 10:07 PM	#18
Gavenecko Warrior Member Join Date: Sep 2009 Posts: 5 Thanks: 0 Thanked 0 Times in 0 Posts	Re: Is there such a thing as passive income? Maintenance will always be needed, but eventually it be easy. I think there is such thing as passive income depending on the number of websites you have and the content they contain. Someone is always going to look up something REALLY old, but the chances of your ranking getting knocked down in 10 years is pretty steep.
	All of the Hottest Wii Fit News

09-02-2009, 10:17 PM	#19
Will Edwards www.whitedovebooks.co.uk War Room Member Join Date: Jan 2006 Location: United Kingdom. Posts: 3,834 Blog Entries: 28 Thanks: 370 Thanked 721 Times in 297 Posts Social Networking	Re: Is there such a thing as passive income? Yes - my online earnings are mostly from passive income. That's what I intended to do right at the outset. It has taken me years of effort to figure out what works and how to grow it, but it is growing and it is passive. Will
	Free Resources Specially for Warriors Free Report - How I Make Over $2K Every Month -Click Here JV With Me -Click Here for Details

09-03-2009, 12:43 AM	#21
jokarl Active Warrior Join Date: Jul 2009 Location: Sweden Posts: 74 Thanks: 2 Thanked 4 Times in 4 Posts	Re: Is there such a thing as passive income? To me the easiest passive income is investing in high dividens stocks. They will cashout money every 3 months or so and in the long run (5+ years) its a totally safe investment that will print money for you on autopilot no matter what happens online The problem is that it takes pretty much money to get a good passive income.
	Play casino online with a casino bonus and get free money with casinos like Mr Green and Expekt.

09-03-2009, 12:53 AM	#22
mikemcmillan Mike McMillan War Room Member Join Date: Jan 2009 Location: MI Posts: 1,302 Blog Entries: 5 Thanks: 861 Thanked 1,019 Times in 389 Posts Social Networking	Re: Is there such a thing as passive income? Online passive income sounds great, but remember--there are lost of very serious, very clever, and very dedicated souls out there willing to do almost anything to out-do you. Anyone who sits on their laurels risks becoming a pile of bleached bones on the desert sands of time. One thing is to consider developing an online course on a subject. There are many platforms out there for doing this. I have a course I developed 4 years ago and have not changed the content one bit since then. The only work involves answering questions from registrants--which are mostly very simple questions. I have some days with no questions and some with a couple dozen--but it takes less than 15 minutes a day to monitor. An online course is different than a membership site. A membership site has contents that must be delivered regularly over a period of time. An online course has a static content. The key is in finding a company that offers online courses and getting your course into their system. They do all of the marketing and handle all of the registrations and so forth. Just a thought.

09-03-2009, 10:59 AM	#23
success4all HyperActive Warrior War Room Member Join Date: Aug 2007 Location: The Other Side Posts: 328 Thanks: 16 Thanked 26 Times in 19 Posts Social Networking Contact Info	Re: Is there such a thing as passive income? YES. If you are in the IM as a product creator or affiliate, here is a way to build your passive monthly income: http://www.warriorforum.com/groups/w...-jv-group.html This is not a get rich over night scheme, but over a period of time this can be done as you build your IM business. You don't have to work off your a$$ for the rest of your life.
	Promote Self Improvement With IST and Make a Lot More Than Your Affiliate Check For The Same Effort. Join The Affiliate Marketing Revolution Where Buyer, Seller and Affiliate All Win Big. Promote Self Funding Web Hosting and Make a Lot More Than Your Affiliate Check For The Same Effort. Self Funding Web Hosting. You Pay Less & Less Until 100% Funded Then It is Free Hosting For Life.

09-03-2009, 11:49 AM	#24
bobsstuff Senior Warrior Member War Room Member Join Date: Jun 2005 Location: So Calif USA. Posts: 1,836 Thanks: 173 Thanked 56 Times in 36 Posts	Re: Is there such a thing as passive income? I have a site I created in 1997 to sell physical products. Additonally I put adsense on the site. Back in the good ol' days it generated about $300 a month. I have not updated it in years (lost interest) and it is now down to about $10 a month in adsense income. Yes, passive income is very possible. I used to call the adsense income "Free Money", but if you neglect sites for too long they can diminish is income. I have another site that I have neglected for a couple years. It used to make about $14 a month from Linkshare. Two months ago it made $49 and last month it was $154. What would happen if I got back to updating the site? HMMMMMMMMMmmmmmmmm!!
	Bob Hale

09-03-2009, 03:52 PM	#27
Kael41 Passive Income Specialist War Room Member Join Date: Jul 2005 Location: Spring, TX Posts: 1,091 Thanks: 8 Thanked 116 Times in 75 Posts	Re: Is there such a thing as passive income? Hell yes there's such a thing. I actually specialize in it...i've built sites 4 or 5 years ago that are still going strong in adsense income..and i've at times let them sit for 2-3 years on end before adding some more content. Sounds pretty passive to me
	ULTIMATE KEYWORD RANK TRACKER AND PROJECT MANAGEMENT SUITE FOR WORDPRESS - WSO IS LIVE NOW. Get the Panda Killer Adsense Package Today - WSO - Themes, Guides, and More!