what will generate me passive/ almost passive income for years?

18 replies
I'm tired of working so hard.
is there any method that will generate me long term income without much work?
#generate #income #passive #passive or #years
  • Profile picture of the author JosephC
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    • Profile picture of the author 4DayWeekend
      Hire great employees and project manage them...

      There's work involved. But it'll enable you to take a 'back seat'...
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    • Profile picture of the author thevrichardson
      Originally Posted by JosephC View Post

      No.

      One thing you have to do is not treat internet marketing like a hobby, treat it like a business. Most people who I see struggle are just doing it with the sole purpose to get rich with little work, and I feel they do not even take themselves seriously. When you look at it from a business perspective and build a real business, you will make passive income. Be prepared to work though.

      Start your own product, or promote affiliate offers with monthly income, and remember, look at it like you are running a business. It is amazing what self esteem can do.
      Great advice here... I completely agree.
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    • Profile picture of the author GJG
      Originally Posted by JosephC View Post

      No.

      One thing you have to do is not treat internet marketing like a hobby, treat it like a business. Most people who I see struggle are just doing it with the sole purpose to get rich with little work, and I feel they do not even take themselves seriously. When you look at it from a business perspective and build a real business, you will make passive income. Be prepared to work though.

      Start your own product, or promote affiliate offers with monthly income, and remember, look at it like you are running a business. It is amazing what self esteem can do.
      Joe is absolutely right. You have to treat it like a business. Just like a real business, you have to "get people in the door". That is, you need to find ways to drive traffic to the products that you are promoting on your site.

      Glenys
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  • Profile picture of the author DWaters
    Even "passive" income will not really be passive. You do have to work wisely so that you are time efficient. It makes sense that promoting renewable products can create more income for an extended period of time. An example would be the sale of autoresponders, domains, etc. These are renewed by people who are running an online business. An offline example would be insurance sales. When you renew your insurance each year the original salesman will be getting his cut. Even clickbank has products and create re0billing.
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  • Profile picture of the author Robert02011
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    • Profile picture of the author salegurus
      Originally Posted by vampiria View Post

      is there any method that will generate me long term income without much work?
      Sorry to say but that attitude puts you behind the 8 ball from the get go, you won't succeed
      unless you get your head out the clouds and back to reality...

      I don't know where you and others get this "passive income" thing from?
      There is no such thing as truly passive income, building a sustainable business is hard work, yeah you may reach a point where everything is humming along but it takes time, dedication and long hours.

      How do you define "passive income"?
      What are you doing now?


      Originally Posted by Robert02011 View Post

      I have a free report that explains it all!
      Trying to build your list?
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  • Profile picture of the author Mack
    What have you been working on so far, Vampiria?

    Your first priority should ALWAYS be to capture your leads' emails in an autoresponder.
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  • Profile picture of the author dndoseller
    1. Create and sell useful assets: books, blogs, sites, music, software, videos, etc.

    Its still hard work, but you own the work when you are done and that is all the difference.

    2. See your self as a business owner. Keep a work log of your hours and work at least 40 hours per week on your business.

    40 hours does not feel like hard work when you are building your own business!

    I recorded songs 20 years ago that I still make royalties on. Now that is smart work!!
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  • Profile picture of the author GamerZag
    Originally Posted by vampiria View Post

    I'm tired of working so hard.
    is there any method that will generate me long term income without much work?
    Yes.

    #1 - Buy an established website/company that generates revenue passively.
    #2 - Become a silent investor in a project that has a risk v. return factor that makes sense to you.


    What sort of funds are you working with?
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  • Profile picture of the author Moneymaker2012
    Hello,
    There is no method that will generate you a long term income.But you take it easy start creating product or become affiliate promote others product and get commission.
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    • Profile picture of the author GamerZag
      Originally Posted by Moneymaker2012 View Post

      Hello,
      There is no method that will generate you a long term income.But you take it easy start creating product or become affiliate promote others product and get commission.
      Sure there is.

      If the OP has, for example, $150k up to $500k, I have a couple different projects that I could sell which generate a very large amount of passive, extremely high margin income.
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      • Profile picture of the author Jeff Schuman
        Are you married? A happy marriage to a young wife with a good job could be a good long term passive income source, but I doubt it.
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        • Profile picture of the author GRVR
          Originally Posted by Jeff Schuman View Post

          Are you married? A happy marriage to a young wife with a good job could be a good long term passive income source, but I doubt it.
          this ahahah
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          Affiliate links are not allowed.

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  • Profile picture of the author Jeff Lenney
    Originally Posted by vampiria View Post

    I'm tired of working so hard.
    is there any method that will generate me long term income without much work?
    Hold on a sec.... LMFAO .... Okay that's better thanks!
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    Too lazy to write something clever here, so check out my marketing blog and learn from a REAL Super Affiliate at JeffLenney.com

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  • Profile picture of the author Danny Cutts
    lol

    When you find it let me know :-) Mind you I like working smart and reaping the rewards :-)

    Danny
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  • Profile picture of the author jungl
    Kindle. It's a short answer and you still have to work, but if there is ever a way to build large passive income streams it's Kindle. If you've written a quality book and know the basics of Kindle marketing (if not, there are many books on the subject... on Kindle), it can truly be an amazing source of income.
    One of my books is selling 2000 copies a month (sales proof available if you PM me), and I have spent $0 so far on advertising. I did do marketing for it (keyword research, contacting influential reviewers on Kindle's Top Reviewers and giving them free copies etc.) but all in all, I've only spent a few hours on marketing and it took me about a week to write the book. It's short, but contains a lot of information and I have received very positive reviews.
    Your sales do taper off after a while with Kindle, but it all depends on your book. If you need any help at all with Kindle, feel free to contact me and I'll try to help you however I can.
    -Alex.
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    [Free Review Copies!] I am looking for reviewers for my Kindle book and will gift copies to interested reviewers. PM me if you are interested
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  • Profile picture of the author sanf0rd1
    YES.

    figure out how to provide value for years and automate that system. cha ching! You now have yourself a passive income system. if you can provide value that's worth millions, you'll make millions. whether it's passive or not all depends on if you've streamlined your processes.
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  • Profile picture of the author Ripster
    OP, no. The only way to generate passive income for years is to work hard. If you are too lazy then online work is not for you.
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  • Profile picture of the author xanadux666
    Rental properties
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