Passive Income - What's your idea?
Recently, I am trying to build a second passive stream of income (so I can have multiple stream of income).
My main stream of income is from info product sales -- which is marvelous. All I did was hire assistants to handle my supports and that's it. My affiliates will take care of the sales and I have another guy who is constantly looking to help me to convert my sales page better.
But after the FTC changes, my sales got hit pretty hard (since 90% of them are from affiliates) and I noticed there are fewer affiliates converting sales for me.
This is freaking me out for a while and I decided to test out different stream of income (preferably passive as I am still attending college).
I was thinking of creating about 20 blogs and then ranking them high on Google (which will be a tough task, let's be honest) and wait for the income to drop in. Obviously, I will have to either promote my own products or promote some high-paying ones.
So, my question is, how many of you have niche blogs that are ranking high on Google and what's your results?
More importantly, what is your conversion?
Cheers
-Desmond
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