Best way for earning passive income

101 replies
Hi everyone,

I came across about the definition passive income. Most of the time we hear you can make passive income if you join to an mlm business opportunity. But what is, if we don't want to join to any mlm business opportunity? Is it possible to earn passive income with another online way? What are the possibilities? I love to hear your opinions.
#earning #income #passive
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  • Profile picture of the author Steve L
    You could start a SaaS, but even then if you stop improving on your product you might lose all of your customers. In general though, I believe you need to continue to ship and launch new products, new versions, etc to continually make money. There's nothing passive about that, but at least you get to work on your own terms and your income is up to you.
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  • Profile picture of the author DWolfe
    That question comes up every year for the pass 10 years you have been a member. Have you tried to search for the information on the forum?
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  • Profile picture of the author jmosticc22
    It is possible but usually you will either have to buy something that is already passive or you have to spend the time and build something that can become passive. Basically you either have to put in the time and skill or put in the money, sometimes you need both.
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  • Profile picture of the author tryinhere
    Originally Posted by Martin1977 View Post

    Hi everyone,

    I came across about the definition passive income. Most of the time we hear you can make passive income if you join to an mlm business opportunity. But what is, if we don't want to join to any mlm business opportunity? Is it possible to earn passive income with another online way? What are the possibilities? I love to hear your opinions.
    Passive ? in mlm ? Im guessing those that get to the top of that cherry tree are hussling thier backside off, or started at the top, are they saying you can join a mlm and sit back and rake in the dough ray me ? I very much doubt that.

    and probably the same for anything else, most things will take time, money, and or energy to produce a so called passive income. So what is your definition of passive income ?
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  • Profile picture of the author chuckholmes
    Here are a few ways to earn passive income:

    1. Government or employer pension
    2. Real estate investments
    3. Book royalties
    4. Insurance premiums
    5. Your own information products
    6. Your own website
    7. Storage units

    All of these methods require some work, but do provide passive income.
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  • My "passive" streams are selling design templates, guides, courses, and YouTube ads. Amazon's affiliate program makes me a few bucks every month but it's chump change and wasn't worth the trouble in hindsight.

    Whether or not that's passive depends on your definition of passive. I like to call it recurring income, because the work I put into developing those products and setting up systems that sell them was anything but passive.
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  • To earn passive income online, you need to have affiliate program or business opportunity that provides recurring income or multi-tiered commissions. Having multiple sources of recurring income will also help you grow your wealth consistently and eventually leading to financial freedom.
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  • Profile picture of the author King Manu
    I think that passive income comes fron something you create once, and then you have the opportunity to sell it indefinitely. That can include courses, books, articles, video and whatever else source of information.

    MLM isn't passive income unless you have a ton of people under you that do the work for you. It's too much dependable on others. People change, leave the market, become unemployed... there are too many variables.
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  • Profile picture of the author naviown
    I think the most easiest and simples way to generate income passively is by buying real estate and rent it. Of course you need to have big capital in order to buy some property like appartment.

    Another way is just have any online business, affiliate marketing, amazon fba or whatever, but to make it passive you need to hire people who would do all the work for you.
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    • Profile picture of the author JasonVanDevere
      I agree! I own rental property and my real estate makes great passive income. Many people don't realize you can buy a home and rent it out for more than what the mortgage is on it. Even if you just buy a single family home and cash flow an extra $500 a month, that money adds up over time, especially once you start getting several of them.
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  • Profile picture of the author Bkelly301
    Create a website, have digital products for sale on it. That's the way I do it and it works well for me.
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    • Profile picture of the author wydadino
      Originally Posted by Bkelly301 View Post

      Create a website, have digital products for sale on it. That's the way I do it and it works well for me.
      Can you give me an exemple for digital products please
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  • Profile picture of the author gnugent
    Passive income is never instant despite all the offers you see online promising it. If you do it right, you put in the hard work at the start and reap the benefits in the long term.

    It has to be based on recurring fees. That either comes down to a service or tool that requires a monthly fee or a membership site that requires a monthly fee.

    Once the work has been done in setting up a funnel to drive people to the passive income offer, then it's down to recruiting people to it.

    People will always leave, for a variety of reasons. So after you get your recurring income to a level you're happy with, you need to recruit at least as many new people as leave each month to stop your earnings from dropping.

    MLMs are favored in this model because you can earn from multiple levels below you. But they do have a pyramid structure. Regardless of what offer you're promoting, it must be a quality one to keep people paying for it in the long term.

    If you can create your own training program, and constantly update it, then people will be willing to pay an ongoing membership fee. Same with SaaS.

    Alternatively, if you can find a good example that has an affiliate program, you can piggyback on someone else's work for a commission.
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  • Profile picture of the author ashwinsd
    You can create a courses and put it on a membership site with recurring membership fees.
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  • Profile picture of the author HarrieB
    Android apps have made me a lot of passive income. I started way back in 2013 and at present have well over 500 android apps. You can call it passive income or recurring income as these days even if I don't do anything, admob makes me money daily.
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  • Profile picture of the author Jamell
    You can earn passive income through real estate.You can earn passive income online too.Passive income is cash flow where as you get reoccurring payments.Like if some one signs up for a monthly program or something then you will receive payments on a monthly basis
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  • Profile picture of the author abdullahshaker
    Best way to earn passive income is by promoting tools instead of promoting A single product

    People pay for tools every single month, If someone build his business in a certain tool it becomes hard for him to move his business to another tool

    Let's say you promoting a tool that Helps people build sales funnels, This tool is for 50$, you got commission 50%, That's 25$
    If you can bring 100 people to this tool, That's 2500$ recurring income for you every single month

    Most people trying to make fast money by promoting a single product, But tool very profitable if you know how to promote it.

    Regards
    Abdullah
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  • Profile picture of the author MSutton
    There really is no such thing as a passive income. As for MLM being passive, the only people that believe that are those that are at the bottom still looking to become rich doing nothing.


    Even if you have the capital to hire other people or services to do everything for you, you still have to manage it all. And if you hire a manager, you have to manage the manager.


    No such thing as passive income. It's a dream sold by slimy IMers and MLMers.
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  • Profile picture of the author Arya Saleh
    Yes, you can have passive income without MLM, by build list. List is the collection of name & email address of potential customer. By using autoresponder, you can email them everyday - regularly - teaching some topic, and promote / recommend products. This is the way to have passive income.
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    • Profile picture of the author MSutton
      Originally Posted by Arya Saleh View Post

      Yes, you can have passive income without MLM, by build list. List is the collection of name & email address of potential customer. By using autoresponder, you can email them everyday - regularly - teaching some topic, and promote / recommend products. This is the way to have passive income.

      That's not a passive income. You have to think, write, research, understand metrics, research, operate the auto responded, advertise, and many more things etc, etc, etc.

      Passive means you do nothing.

      Passive income means you do nothing and money rolls in.



      No such thing unless uncle bob left you billions. Even then, being rich still requires some work.

      "Passive income" is a term that was created to sell ebooks, courses and webinars to people who actually believe that, somewhere in the world, there is a way to make a passive income. So they spend their life searching for it in $7 hotsheets, $67 ebooks, $367 courses, $1067 seminars. and $6,667 coaching programs. But they never find it. And the people selling the goods to them are working for it.

      No passive income.
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  • Profile picture of the author DIABL0
    The simple truth is that that passive income doesn't really exist in Internet marketing.

    I'm older than most here and true Passive income (per IRS) is earnings derived from a rental property, limited partnership or other enterprise in which a person is not actively involved.

    It has become a catchphrase that markets like to use to promote the idea of doing some upfront work and then reaping gains from it that requires little to no further work. Which I think is a bunch of BS in most instances.

    If it was that easy, everyone would be doing/killing it.
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  • Profile picture of the author Justin evans
    you know people always say that starting a business is hard once that's done it will become easier!

    well let me tell you that's when it gets most difficult!.

    the ultimate key to starting and maintaining a business understanding your users and once their demands change you change your business accordingly as well to not lose them.
    a company should grow along side their customers and in reality only those businesses that adapt to change are the most successful ones.
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  • Profile picture of the author maxsi
    As an investor you invest some money into a project and get a percentage of the profits (investments). It is what we can really consider as passive incomes.

    By the way when you have a FUNNEL in place, you can get good passive incomes with 10 minutes per day of work. Pretty simple
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  • Profile picture of the author Jamell
    Yes there is another way.Create your own. Product or leverage a product from one of the online market places like jvzoo clickbank.
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  • Profile picture of the author Andrewsfm
    Build an email opt in page, send traffic -> offer.

    When you have a list of 5000+ you can make around $100 per day just sending out a 5 minute email.

    Or you can looking into CPA marketing and set up campaigns that just run.
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    • Profile picture of the author Tyler Daimon
      That's actually what I recently discovered. CPA marketing + blockchain.

      You should definitely take a look at such mix. Nice potential & good profit.

      Im betting on HOQU these days. It's really something new on the market.
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  • Profile picture of the author tyronne78
    A great way to generate passive income is selling software tools like ClickFunnels,Aweber and Blue Host. These kind of software tools pay you monthly recurring revenue since they're subscription based services (think Netflix).
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  • Profile picture of the author George Flm
    Mail them and mail them often. It's close to passive.
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  • Profile picture of the author chuckholmes
    Maybe create a course or eBook and put it on ClickBank or JV Zoo?

    Or, have a website that someone else runs for you and you collect the income ( I do that).

    Or, create a book you sell on Amazon Kindle.

    Those all work. I have a great passive income with MLM, because my business is mostly automated, but that is not the norm.

    I also like recurring affiliate programs, assuming they have a high retention rate.

    My dream would be simply to own a tollbooth on a high traffic bridge, have someone else collect everything and just get a 50% cut.

    How about you?

    I think the only thing better than passive income is this:

    How can you make the most income possible in the shortest amount of time?

    For example, if you could work one day a week and earn $300 to $1,000, and you kept your living expenses dirt cheap or lived overseas, you could own your life 6 out of every 7 days a week.

    Not bad!
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  • Profile picture of the author brettb
    "Passive" income stuff you do online takes too much time these days. The easy money has been made. I put huge effort into making a mailing list (like everyone says you should do) but when I did a deep dive into the stats I realised I only had 25 good subscribers (out of 400).



    Now my best truly passive income comes from high yielding investments. I do very little trading so all I really have to do is log in once a month and rebalance my portfolio a bit.



    Also I have a rental property that's fairly passive income. I have a property manager and they take care of the day to day hassles. They only bother me when a big decision has to be made (that usually involves money lol).


    I still do a lot of online stuff, but I treat it as a way to have fun rather than make some serious cash these days.
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  • The term "Passive Income" is a very loose term used as more of a catch phrase. It really means time compounding. When you work a 9-5 job making $50K a year salary working 40+ hours a week, you cannot make more than $50K a year and you have to at least work 40 hours a week.

    Time compounding is when you start developing a system to create money. The idea is to create a system that will produce more income and will require less of your time. However, you will never be completely free of work. So instead of working 40+ hours a week and making $50K, maybe you only put in 10 hours a week to tweak the business and still make the same $50K.


    Some of the easiest ways to make money online are self-publishing and affiliate marketing. Self-publishing does have a cap, doesn't require you to go back and fix the work you have already done and you can scale up very quickly
    .
    Affiliate marketing can really scale up, but it takes a little more time. However, you will have to maintain the affiliate offers do to the change in trends, social media and other platforms.
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  • Profile picture of the author monicatan1985
    Affiliate marketing
    Sounds easy but it isn't

    Spend time doing research on what users buy
    Get you blog up and running
    Create fantastic content (should be able to influence the users to buy the product you are promoting)
    Get the content ranked on Google Local search results

    If you can crack this, duplicate it. That should be the road to passive income
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    • Profile picture of the author DABK
      Write the name of your income source on a piece of paper, put the paper in a folder, write the words passive income on the folder and, voila, you got yourself a passive income stream.

      Works like a charm!
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  • Profile picture of the author Nina Petrov
    There's a lot of different ideas. Many of them can earn income but it's like you said, which are actually passive right? So I did come across this one called Coinanc , it's a passive income system. Maybe try that out, it's pretty good. But ya I think the good one's are rare as if there were a lot of good obvious passive income system's then everyone would know about them and be doing them right? So those that actually work and work well are few and far between.
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  • Profile picture of the author surfer30
    There are lots of ways to earn passive income. You can use your blog. Amazon. write Ebooks. Shopify. eCommerce and so many ways. Just stick with one way to earn passive income.
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  • Profile picture of the author RifatAhmed
    You can generate passive income with affiliate marketing, Amazon affiliate is popular for passive income opportunity. Affiliate marketing can be automated and you can generate passive income by promoting recurring products. If you can build a targeted email list, you can easily generate passive income from it.
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  • Profile picture of the author mat20000
    affiliate marketing or better dropshipping are good choice if you want start with zero budget.
    affiliate marketing require more skill while whit dropshipping you can just resell product on various platform like ebay so this for me is more adapt for starting with.
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  • Profile picture of the author DWolfe
    Originally Posted by RifatAhmed View Post

    You can generate passive income with affiliate marketing, Amazon affiliate is popular for passive income opportunity. Affiliate marketing can be automated and you can generate passive income by promoting recurring products. If you can build a targeted email list, you can easily generate passive income from it.
    Originally Posted by mat20000 View Post

    affiliate marketing or better dropshipping are good choice if you want start with zero budget.
    affiliate marketing require more skill while whit dropshipping you can just resell product on various platform like ebay so this for me is more adapt for starting with.
    Just one quick question. Have either one of you quick your day jobs and living off that passive income?
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  • Profile picture of the author webmarke
    Passive income is simply making money over and over from a single effort.


    An example would be email marketing via an autoresponder. You set up your autoresponder with follow up emails promoting products and you simply build your email list and let your autoresponder messages promote offers for you. This allows you to make a passive income.
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  • Profile picture of the author Nexstair
    Nothing lasts forever.You have to keep feeding to get passive income.No matter if it is Real estate or a software product.
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  • Profile picture of the author ryanbiddulph
    A few ideas:

    - create courses
    - write and self-publish eBooks
    - convert eBooks to audio books
    - convert eBooks to paperback

    Nothing is genuinely passive because every time I sell my eBook, months to years of creating and connecting led to the sale.
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    • Profile picture of the author DABK
      Not to mention that, if you stopped all your marketing activities, in a while, there will be no sales.


      Originally Posted by ryanbiddulph View Post

      A few ideas:

      - create courses
      - write and self-publish eBooks
      - convert eBooks to audio books
      - convert eBooks to paperback

      Nothing is genuinely passive because every time I sell my eBook, months to years of creating and connecting led to the sale.
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  • Profile picture of the author armourmark
    Find a niche you are passionate about, Google "affiliate programs + your niche" and you will find a ton of stuff to promote. Now it won't be easy. Just grabbing somebody's affiliate link and posting on your Facebook Page will NOT work.

    There are a ton of great affiliate programs out there to earn a "passive income". The best way to start is to just get your feet wet in something. Learn from other people who are successful and doing what you see yourself doing.
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  • Originally Posted by Martin1977 View Post

    Hi everyone,

    I came across about the definition passive income. Most of the time we hear you can make passive income if you join to an mlm business opportunity. But what is, if we don't want to join to any mlm business opportunity? Is it possible to earn passive income with another online way? What are the possibilities? I love to hear your opinions.
    You could offer a service and price it high. Or you can start your own recurring income program, or join an affiliate program that already exists like that. There are alot of ways to make money online.

    The bottom line is that with any business opportunity, the marketing is the only thing that matters. And if the profit/loss economics of the business isn't in your favor in a HUGE way... then it's time to exist the niche and enter another niche where the marketing and math is in your favor.

    Plus... with whatever you're selling... you have to find a way to incorporate *automation* into the business.
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  • Profile picture of the author naviown
    What do you think about amazon fba as a passive income stream?
    Sure, in the beginning, you would need to put a lot of work and effort, also budget is needed,
    but after/if you rank the product, the sales come automatically without you lifting a finger.

    Amazon would ship and send you the check. I think amazon fba is one of the best passive income stream, sure it's not 100% as you still need to import more products to amazon warehouse, but if you just happy with one product, it will make consistent sales as long as you don't ran out of items in warehouse.
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  • Profile picture of the author DURABLEOILCOM
    You can easily start an E-commerce business selling on Shopify, Etsy, Amazon, Ebay, Mercari.
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  • Profile picture of the author palmtreelife
    I'm a big fan of Jesse and Kong's Jumpcut Academy system of creating digital knowledge based products and setting them up on autopilot so you never have to touch them again while they earn income.

    What are you better at doing than a specific group of people? You don't need to be and expert. You just need to be better than some or most. Create videos, worksheets etc. about your skill....by the way, everyone has something they can teach that others would be willing to pay for.

    Once the content is created, set up an email sales funnel beginning with an opt-in page for some free VALUABLE content.

    Tweak and optimize. Once it's set up, you don't need to touch it again and it will continually earn income for the efforts you put in one time.

    There is a little more to it than this, but this is the general concept of creating your own digital knowledge based products.

    Jesse and Kong from Jumpcut are always putting out quality free content before asking to join their quality programs. I'd recommend checking them out if you're interested in creating that kind of passive income.

    Mark
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  • You need to find a best product online to promote so that when sales happen you'll make not only commission but passive income. I don't recommend MLM because it will be very difficult to recturit people online.

    So choose a best product and promote it online - I would say...2 tier affiliate program is best.
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  • Profile picture of the author IGotMine
    What I learned from this thread - Most people who posted don't even understand the difference between "passive income" and "Make money online."

    I know a family in Wyoming that has an oil well on their property. Over 100 years ago GreatGrandpa worked his tail off establishing the well. Ever since then the family has earned a passive income from it.

    When it comes to the Internet you can not have this kind of passive income because it is too dynamic and volatile. How many people are operating with the same tools and methods as ten years ago? I'm certainly not.

    It really works well as a marketing ploy. Ahhh...passive income!! See you at the beach!
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  • Profile picture of the author S3R0
    I'm guessing by passive you mean systems of income that you can build upfront and then bank off residuals.

    To answer your question the best methods that would immediately come to mind are:

    - Creating a digital information product or membership site

    - Creating a SaaS with a monthly subscription and then outsourcing a developer to
    keep it routinely updated

    - Creating a dropshipping subscription store and then having a VA fulfil orders on
    your behalf

    - Creating a Digital Agency and outsourcing the Lead Gen, Fulfilment and Customer
    Relations

    - Not an online method, but opening a vending machine business and hiring
    someone to keep the machine filled.

    - You wouldn't earn much with this method, but if you have a decent domain that is
    already getting some traffic, parking and then eventually selling that domain would
    be another way.

    - Becoming an online real estate broker (or joint venturing with a real estate agent
    and charging them a commission for helping them sell their properties)

    - If you have musical talent you could create music, sound effects, sound packs,
    DAW addons, etc and sell those either for a flat fee or on a membership site.

    - If you have a big email list you could literally just promote affiliate / cpa offers to
    them and for those that buy or complete the offer you could get paid off that
    without doing much "Work".

    There are probably a few other ways as well, but I hope this helps jog a few ideas for you.
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  • Try out index funds. ...
    2. Make YouTube videos. ...
    Try affiliate marketing and make sales. ...
    Put your photography to work on the web. ...
    Purchase high dividend stocks. ...
    Write an ebook. ...
    Get cash-back rewards on credit cards. ...
    Sell your own products on the internet.
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  • Profile picture of the author chiragkd
    Hi

    You can start an digital marketing agency. It's pretty much passive after setup!

    Thanks
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  • Profile picture of the author spartan14
    Passive income its avaialble on many things on internet marketing .Its all about willing to put yhe hard work in ylutube ,writing in blig etc .You must break your comodity zone
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    • Profile picture of the author DABK
      Definition of passive income from Investopedia:


      Passive income is earnings derived from a rental property, limited partnership or other enterprise in which a person is not actively involved.


      See how 'hard work' and ' not actively involved' clash?




      Originally Posted by spartan14 View Post

      Passive income its avaialble on many things on internet marketing .Its all about willing to put yhe hard work in ylutube ,writing in blig etc .You must break your comodity zone
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      • Profile picture of the author MichaelQuinn
        Originally Posted by DABK View Post

        Definition of passive income from Investopedia:


        Passive income is earnings derived from a rental property, limited partnership or other enterprise in which a person is not actively involved.


        See how 'hard work' and ' not actively involved' clash?
        Would you agree with me that there has to be a period of initial active involvement which at times can be considered difficult work in order to get to the point of non-active involvement where you're still getting paid?

        In my opinion, which could be wrong, maybe certain types of income wouldn't fall word for word under the investopedia definition, but I'd argue that there are other types of income that count as passive after the initial active involvement period, even if they don't fall under that exact verbiage. I'm curious about your thoughts on that though.
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  • Profile picture of the author mustafizurseo
    Thanks for your information. i was appreciate of your mlm business opportunity information.
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  • Investing in divident stocks
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    • Profile picture of the author palmtreelife
      Just curious...how long did it take you to learn how to choose the best dividend stocks? And what do you do when those stocks aren't performing, and therefore not producing high dividends? How often do you withdraw your profits from those dividend stocks?
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      • Profile picture of the author wizbiz
        Originally Posted by palmtreelife View Post

        Just curious...how long did it take you to learn how to choose the best dividend stocks? And what do you do when those stocks aren't performing, and therefore not producing high dividends? How often do you withdraw your profits from those dividend stocks?

        Markets/Stocks is a CASINO, Learn how to play a BlackJack it's about the
        same as how to "invest" in stocks, House always Win at the end.. Not to say
        entire current finance system is a Ponzi. If I have a second life term now, after
        all those years... 30 years ago... I'd invest in the Good Life Insurance Policy
        and become my own Banker.. Borrow money against my own policy and pay
        loans back to myself, with just 30k income you can retire in 40 years old millionaire
        with policy over few million.. That's a power of compounding, just have to use
        your policy same as your BANK Account... Yeah, you think you Have Checking Bank Account/Saving.. All that crap, in reality, you are UNSECURED creditor to the bank... See what I mean? You think you have a deposit, but BANK thinks otherwise, Bank thread it like their own money, your deposit becomes their asset and unsecured liability... So if I just knew all that I know now, 30 years ago... Research this subject... With good insurance companies like NY LIFE and such.. Use your policy like Bank account and in 25 years you can retire millionaire.. If you are still young.. Just research it.. I'm NOT insurance Agent.. Just saying...

        P.S.

        Anything Internet Related is TEMP, because it's not even your Biz...
        ENTIRE Internet OWNED by G,FB,AMAZON, PPAl and so on, Just a Few CORPS... With Just one CLICK they can DELETE your presents,

        So, all those "Be your Own Boss"??? How? Try to be your own Boss
        without Google/Paypal/Amazon/Ebay/Stripe.. I like to see that...
        So after all you are not your own boss, sorry to burst your bubble..
        Good luck..
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        • Profile picture of the author palmtreelife
          Maybe you're right, but not sure how that answers my question for workintelligent.
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      • Profile picture of the author MichaelQuinn
        Originally Posted by palmtreelife View Post

        Just curious...how long did it take you to learn how to choose the best dividend stocks? And what do you do when those stocks aren't performing, and therefore not producing high dividends? How often do you withdraw your profits from those dividend stocks?
        If you invest in dividend producing etf's or index funds it's more diversified and less complicated than trying to choose individual stocks. This is a less risky way to get a good yield without having to learn how to choose individual stocks, and the volatility is low. For beginners, I would recommend doing some research and finding a dividend producing ETF with a low expense ratio (fee).

        I invest in SPYD, the S&P 500 High Dividend ETF. It holds stocks that produce good dividends and constantly re-balances to keep the highest paying ones in the fund. I hold the fund inside of a Roth IRA and just let the dividends re-invest.

        There are many many other strategies and income producing assets that you can find though. Business Development Companies, Master Limited Partnerships, and Real Estate Investment Trusts that produce much higher yields, but you have to do a lot of research and learn a lot to pick the best ones. Plus, each one of those things changes your tax liability.

        I'm definitely not an investing expert though, so if anybody sees any mistakes that I've made or has better advice for a beginner, please feel feel to correct me. Thanks.
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  • Profile picture of the author amuro
    Hi Martin,

    The way I see it, passive income does not come from mlm or non-mlm business opportunity.

    But rather WHAT you know and WHETHER you can provide value to others.

    When you go for job interviews, you are marketing your credentials and skills to your employers - be it direct boss, supervisor or designated HR executive in the hope they will hire and pay you month after month.

    Likewise when you do on-or-offline business, you are marketing your products and services to your prospects in the hope they will buy from you consistently and even refer their friends to you.

    Take for example health products which is a billion dollar industry. People buy them because they want to look and feel great in front of their families and friends.

    Same for wealth products which people invested in the hope of getting rich and being free financially without depending on bosses and governments.

    So that brings me to 2 questions if you don't mind me asking:

    1. What skills do you have to offer and -

    2. Who is your target audience?


    Besides just wanting to make money online?
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  • Profile picture of the author Samfakroon
    Originally Posted by Martin1977 View Post

    Hi everyone,

    I came across about the definition passive income. Most of the time we hear you can make passive income if you join to an mlm business opportunity. But what is, if we don't want to join to any mlm business opportunity? Is it possible to earn passive income with another online way? What are the possibilities? I love to hear your opinions.
    Hey Martin.

    Passive income means you do work once and then earn monthly. well if you join mlm for you to earn monthly the downline has to stay and for the downline to stay you pretty much have to help them achieve their downlines so its not quiet sweet way to make it passive.

    Now actually its very easy to make passive income doing affiliate marketing than doing MLM. Lets say you promote Business Solutions like page builders, hosting services, autoresponder services, with this you do the effort once and once the person uses the service they will forever use it till they change to a better solution. You dont have to keep pestering them to continue paying they will willingly do it because that is what they needed, So this way you get passive income.

    Now the really successfull ones put this whole system into one and make some great cash promoting as a business solutions,

    For example they create a system where a complete new comer who wants to start a business will join and will be told, first thing you need domain, then you need hosting, then you need a website building program, then you need an autoresponder, this way for all these services they join there are monthly passive commissions.

    Hey Martin I hope you have understood what I am trying to mean here.

    Cheers
    Signature
    Connect with me on skype sameer.mukhtar1
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  • Profile picture of the author Jeffery
    Passive income?


    "Starving Crowd" is the only form of a passive income that I am aware of and it only entails that we source a crowd of people that are hungry for a product, service or solution and sell it to them.


    You can learn more about the Starving Crowd if you Google Gary C. Halbert. There are tons of links that explain how to do online research to find starving crowds.

    The trick is to put aside the time to find the Starving Crowd and figure out a way to make money. Then do it.


    Most solo-marketers already do it and that is all they do. They have their finger on the pulse of what sells, what is trending and some of the best actually set the trends!
    Signature

    Entrepreneurs starting out and small businesses without giant staffs and budgets.

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  • Hey!

    The best way to make passive income is - AFFILIATE MARKETING + EMAIL MARKETING.

    Step 1: Choose a niche you are passionate about and there are at least 1M+ people interested in this niche (guitars, relationships, cats, dogs, etc)

    Step 2: Create a simple blog on Wordpress using FREE themes or just create a simple one-page website (SQUEEZE PAGE) where you give people something for FREE (E-Book for example in your niche)...this way you will collect people email addresses...(this is key for this strategy)

    Step 3: Once you created the one-page website (squeeze page) with 'freebie' (e-book) or blog with some content you can create automated email series using EMAIL MARKETING software (Market Hero, Get Response, Aweber or other) that will deliver the content to people...

    Use this pattern: VALUE, VALUE, SELL...

    You want to give VALUE, build trust at the beginning & eventually sell something...

    Step 4: Drive traffic to the blog or to the one-page website (squeeze page)!

    People will enter their email addresses and the email marketing software will send automated emails to people who give their emails...pretty much automated $ if done correctly!

    What to sell?


    Simple. Sell other people products or create your own digital products or physical products using dropshipping or Print On Demand business model where you don't need to hold inventory!

    Hope this helped you!

    Alex
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  • Profile picture of the author celente
    build your list, help your list, offer them stuff.

    im doing 300 leads, or generating 300 - 330 fresh leads a day. Not solo ads either.

    Some days, its almost HARD for me NOT to make sales. LOL.

    Once you are doing 100 leads a day, you get like 1 sale per day, but I know guys with high quality lead doing like 14 sales a day on $97 products. Work out those numbers LOL.

    so its about LEADS, LEADS, and then help those leads.
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  • Profile picture of the author Pribeiro
    Build an authority blog , with top quality content (lets say around 100 articles) then start promoting it , when you start getting a good traction organically i am quite sure you can enroll in top tier ad networks where you will get $8 - $30 per RPM

    Then you just need to outsource some minor maintenance (2-3 articles per month) and that´s it.
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  • Profile picture of the author Yoobiz247
    Originally Posted by Martin1977 View Post

    Hi everyone,

    I came across about the definition passive income. Most of the time we hear you can make passive income if you join to an mlm business opportunity. But what is, if we don't want to join to any mlm business opportunity? Is it possible to earn passive income with another online way? What are the possibilities? I love to hear your opinions.
    I think promoting a valuable product such as a software that has a monthly recurring plan....
    Signature
    Ultimate Funnel builder : >>>http://bit.ly/2FhJurd
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  • Profile picture of the author adecore
    Originally Posted by Martin1977 View Post

    Hi everyone,

    I came across about the definition passive income. Most of the time we hear you can make passive income if you join to an mlm business opportunity. But what is, if we don't want to join to any mlm business opportunity? Is it possible to earn passive income with another online way? What are the possibilities? I love to hear your opinions.
    Yes it's possible..i advance you to learn about fb ads..after you done, built the team..you can make pasive income from it..just that.
    Signature
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  • Profile picture of the author AffiliatePrograms
    Affiliate marketing can be "quasi passive," but there is still work involved.
    Signature
    ♦ BigMoneyAffiliates.com - 100% free super high paying programs. Make up to $10,000+ per deal & lifetime revenue share.
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  • Profile picture of the author davidlee210
    There many ways to earn passive income online:
    1. Blogging
    2. Creating online courses
    3. Selling Images online
    4. Youtube
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  • Profile picture of the author Whiz Advert
    Originally Posted by Martin1977 View Post

    Hi everyone,

    I came across about the definition passive income. Most of the time we hear you can make passive income if you join to an mlm business opportunity. But what is, if we don't want to join to any mlm business opportunity? Is it possible to earn passive income with another online way? What are the possibilities? I love to hear your opinions.
    Do blogging and affiliate marketing it can help you to get passive income if you generate a decent amount of traffic
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  • Profile picture of the author himala01
    Thank You.
    There are only good answers.Gclubtheone
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  • Profile picture of the author infoguy83
    I've been selling information products for over 15 years; in my opinion its the best form of passive income. My strategy takes time and effort; but my products yield results for YEARS.

    Currently, I have 4 sites in different niches that have been generating annual profits. My approach/strategy is to first build out the product, then build out the website and build rich video content around it. Then grab traffic, both organic and paid and tweak prices/sales strategies until I am making a positive return from each site. Sometimes I get it right away, sometimes it takes a few months of collecting data from traffic (at a loss) in order to get the strategy right and turn a profit. Other times, I have to abandon the site. Out of my 4 successful sites, I have had 2 that I could never turn profitable and had to shut down. Remember, its a business, so if you cant figure it out in a reasonable time, you have to move on.

    In terms of timeline, it varies. I have launched a site in under two months (single info product), whereas another took over a year (multiple info products). I have a full -time job so I work on my websites after work/on the weekends. It takes effort, but once my sites are running and turn a profit, they go on autopilot. I spend less than 15 minutes each day answering emails/customer service. Once in a while I do maintenance work on a weekend; but not much. My longest running site has been up for over 10 years, and my most recent for about a year. Each site varies in income, but combined I have done about $20K per year in sales. Although I cant quit my job with this, it is great supplemental income that helps our family.

    My advice - learn, put in the time and build out a product/site that can LAST, and you'll be able to produce multiple long-term income streams. I dont want to publicly post my websites. Good luck!
    Signature
    If you do not go after what you want, you'll never have it.
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    • Profile picture of the author Jenifer1420
      Banned
      I absolutely agree with you, there's always work that has to actively be done first to get things started.
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  • Profile picture of the author sstlg
    actually it's possible to earn passive income with another way online you only have to look for passive income on the web
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  • Profile picture of the author George Flm
    I am an incurable proponent of hammering down multiple income streams.

    You just set it and forget it.
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  • Profile picture of the author Bkelly301
    How I currently earn passive income:

    1.) Build a following on YouTube
    2.) Put links in the description of my videos that lead to my website which is where I sell my courses

    Some may argue that there's no such thing as "passive income", but I haven't directly worked on this since June 9th because I've been busy with other things, but I've still continuously been making sales every day. So in my book it is passive income
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    • Profile picture of the author MichaelQuinn
      Originally Posted by Bkelly301 View Post

      How I currently earn passive income:

      1.) Build a following on YouTube
      2.) Put links in the description of my videos that lead to my website which is where I sell my courses

      Some may argue that there's no such thing as "passive income", but I haven't directly worked on this since June 9th because I've been busy with other things, but I've still continuously been making sales every day. So in my book it is passive income
      I'd argue that that's a pretty passive income. You put in all the work initially, and now you sit back and the money rolls in.
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      • Profile picture of the author Bkelly301
        Originally Posted by MichaelQuinn View Post

        I'd argue that that's a pretty passive income. You put in all the work initially, and now you sit back and the money rolls in.
        Exactly
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  • Profile picture of the author gnugent
    In general, when people talk about passive income what they're thinking of is affiliate marketing - doing work once and then get paid for years to come without doing any more work.

    Looking at the affiliate marketing model (though it applies to other "passive income" models like running your own membership site), that's not how it works in practice.

    You may do the work once, say in setting up a sales funnel, but you've got to work to continuously drive traffic to your offer.

    If you want to use free traffic, you have to put more of your own time into driving that traffic. If you want to drive paid traffic, well that costs you money.

    Imagine you set up a 1-page website that sells a product - your own or a product you're an affiliate for.

    You're also good at SEO, so you get that page to rank highly in the search engines.

    You can now get a lot of organic traffic coming in from those search engines, resulting in a lot of sales.

    Ok, so what happens after this, after you leave that page to look after itself. You've done the work in building it and now you're off to your next project.

    That page could sit high in the search engines for months or even years and still bring in sales.

    But maybe you've got competition from other marketers who eventually unseat your site from its top position and it eventually drops in ranking. And, as it drops, so do your sales.

    Another possible problem is whether what your promoting is an evergreen product or something that has a defined lifetime. It falls out of favor or is replaced by a better product from another merchant.

    On the other hand, maybe the merchant who created the product you're promoting goes out of business, closes the business, stops producing the product, sells it to someone else or changes affiliate network.

    All of these scenarios (and others) will impact your Passive Income.

    Passive income is not the same as recurring income though they may seem the same at first glance.

    Recurring income comes in from subscription-based products or services where people pay monthly or every year to renew their subscription.

    Recurring income can be one stream in a passive income.

    But with recurring income, people eventually cancel their subscriptions for one reason or another. And with every customer who doesn't renew, your recurring income gets smaller.

    So you have to keep recruiting new customers, at least as many as you're losing each month.

    A passive income (even one with a recurring income component) needs constant work to keep bringing in new leads and customers. However, a lot of that can be automated so that you have more free time than someone working a 9-5 job.

    Generating a passive income also becomes easier if you start building your own email list and doing email marketing. There are two advantages to this approach:

    1. You have a captive audience you can market to again and again (but don't abuse them by only sending them sales pitches). They're already a warm audience and if you've built trust with them, it will be far easier to sell additional products to them than to cold leads who don't know you.

    2. You're building a business asset that you fully own and control. You can't say that about any other online business. Anything - whether it's a product or service - that's built on a website, is prone to the whims and algorithm changes of the search engines (especially Google) or the social media platforms. They can kill your business overnight. And if it happens, they don't care. Owning an email list means you can still have a working business even if the worst happens elsewhere.

    A passive income is possible but it's not free income. You still have to work for it. But the amount of income you can (not necessarily will) make depends on your dedication to your online business. It's something you build over time - it's not a push-button solution for getting rich quick. But if you're successful, it gives you the time freedom and the money to live life on your terms.
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  • Profile picture of the author Medon
    I don't think there is this thing we call passive income. You must put in a lot of hour at the start. So whatever money you receive without doing anything is pay for the hard work. Besides, you must always update your product/service if you want to continue earning from it.
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    • Profile picture of the author MichaelQuinn
      Originally Posted by Medon View Post

      I don't think there is this thing we call passive income. You must put in a lot of hour at the start. So whatever money you receive without doing anything is pay for the hard work. Besides, you must always update your product/service if you want to continue earning from it.
      I absolutely agree with you, there's always work that has to actively be done first to get things started.
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  • Profile picture of the author tyronne78
    Here are a few ways to generate income month after month from work you did only one time:

    -Membership Site (most members will stick around for 3 months or so)

    -Sell software (stick rate is really high if you have a great product/service)

    -Selling MLM products

    -Selling insurance products
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  • Profile picture of the author writeaway
    AFAIK, blogging and Kindle publishing are still some of the BEST ways to earn passive income

    Work once, earn many times over
    Low cost
    Scalable
    Low barrier to entry
    Many ways to make money off blogs/Kindle books
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  • Profile picture of the author Profit Expert
    In IM there are so many ways. Let me share a few that i use:
    1- Amazon Affilaite
    2- Adsense
    3- Blogging
    4- Email marketing
    5- Product Creation

    and there are so many other. Mlm never been into my list and still making quite good until now . Coached many of friends and they are doing good as well.
    All you need is consistency and improvement. Adopt with the market and you are good to go.
    Hope that helps
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  • Profile picture of the author ank27
    if you do not want to join and invest even to a minimum, then I personally do not see a way to passively earn money on the network.
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    Online Profits Way An Innovative System Helps You To Build Your Financial Future Life.
    Regards, Alexander
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  • Profile picture of the author star007
    I really don't believe there is such thing as "passive income" where you can do nothing and get something in return. I have been making money online off and on for about 10 years and have always found that I need to do something to get that money...generate leads, get traffic to my offers, etc. It all requires effort (work of some kind) on my part or else it doesn't happen. I think the closest you can come to a earning passive income is residual income from the front-end product.
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  • Profile picture of the author bencryer
    Passive Income Ideas
    By choosing the right type of passive income, you can invest your time the way that you want to. It is a way of buying back more time.

    There are so many opportunities out there to make residual income in network marketing.

    However, this is NOT one of those "things." These are legit ways for you to make money while you sleep with something that fits your passion, experience, or skill-set.
    1. Invest in Real Estate
    2. Dividend Income
    3. Peer-to-Peer Lending
    4. Get Out of Debt
    5. Open a High-Yield Account
    6. Rent out a Room in Your House
    7. Write a Book
    8. Affiliate Marketing
    9. Create a Lead Generation Website
    10. Sell Products on Amazon
    11. Create an Online Store with Drop Shipping
    12. Create an Online Course
    13. Create YouTube Videos
    14. Start a Business and Have Someone Else Run it
    15. Buy a Vending Machine Business
    16. License Your Photos
    17. Create a Mobile App
    18. Rent Your Car for Ad Space
    19. Buy an Existing Online Business
    20. Buy a Laundromat
    21. Open a Batting Cage
    22. Product Design
    23. Bond or CD Laddering
    24. Rent Your Stuff
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  • Profile picture of the author Medon
    Hello,
    There is nothing like a passive income. Even in MLM you must spend a lot of time working before you grow your line. So my brother just choose what you want to do and work hard.
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  • Profile picture of the author luciesmazanska
    Create your own website and sell products or services..
    Do affiliate
    There are many ways
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  • Profile picture of the author vaibhavGHW
    Hello Martin.

    You are in the right place actually. Just go through the Warrior Special Offers (WSO) section. You can find a number of good offers that people quote them down here.

    Find the one that suits you best and according to your needs.

    Best Regards,
    Vaibhav
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  • I have always found that the best way to gain passive income is by welding yourself to a program that provides real quality and produces results for passive income. A program that works and has proven results. Passive income can be defined in so many opportunities but until you see the money come rolling in, it is all pipe dreams.
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    • Profile picture of the author Jeffery
      Originally Posted by newbiehelpinghands View Post

      I have always found that the best way to gain passive income is by welding yourself to a program that provides real quality and produces results for passive income. A program that works and has proven results. Passive income can be defined in so many opportunities but until you see the money come rolling in, it is all pipe dreams.
      d that



      Hmm. sparrow used that terminology in a recent post.


      Care to be more specific please? What programs provide you a passive income?
      Signature

      Entrepreneurs starting out and small businesses without giant staffs and budgets.

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  • Profile picture of the author George Flm
    Have people under you, duplicate your efforts.
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    • Profile picture of the author Frank Donovan
      Originally Posted by George Flm View Post

      Have people under you, duplicate your efforts.
      Managing a team is about as far from passive income as you can get.
      Signature
      TOP TIP: To browse the forum like a Pro, select "View Classic" from the drop-down menu under your user name.

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      • Profile picture of the author Tom B
        Banned
        Originally Posted by Frank Donovan View Post

        Managing a team is about as far from passive income as you can get.
        Not if you manage the manager to manage other managers that manage your team.

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  • Profile picture of the author timbo202
    yep
    I wouid go with S3RO
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  • 1. Try out index funds
    2. Make YouTube videos
    3. Try affiliate marketing and make sales
    4. Put your photography to work on the web
    5. Purchase high dividend stocks
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  • Profile picture of the author Chris-
    Grow a mailing-list and send great offers, such as high-converting webinars.

    That should give you several dollars per list-member per month, passive income. The time needed to send the offers is minimal . . . just re-write email swipes and schedule them to post to your list.

    Simple, and can be VERY profitable !

    Chris
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