Considering that you have a finite amount of time, passive income should make up a large part of your work. And if you're serious about generating any semblance of income online, then passive income should be one of your sole goals and ambitions. Why? Simply this. Wouldn't you prefer to do the work one time and get paid repeatedly as opposed to relying on your time to generate that income?
A quick trawl through the testimonials on many internet marketers' websites suggested a bizarre phenomenon. Some of the students who attend courses on how to get rich online then start selling courses - on how to get rich online. Meanwhile, some of the material sold by some internet marketing coaches is what is known as private label rights - recycled content written by another author and then packaged up and resold.
You may think I’m talking about the FBI, but I am actually talking about the Field Agent app. You simply sign up for an account and do small tasks around town for different clients. Your task can range from checking prices at the local supermarket to conducting surveys. You get paid based on the assignment and you get to choose which you want to participate in.
Whether you are just starting out or a seasoned professional, there is something that you are good at! I am stating this as fact because even if it’s something you have never gotten credit for, chances are you have a skill that others may find valuable. Using this skill to make some extra income is possible thanks to platforms like SkillShare, Udemy and Teachable.com. Many top experts use this as a lucrative way to earn passive income but you don’t have to be a top expert to take advantage of this option.
If I have a blog that is getting 100,000 page views a month that means that I’m probably getting at least 50,000 people to the site (most blogs will do between 1.2 to 1.4 pages per session). That means I have to try and get some small percentage of those people to buy something from me if I really want to do well. If I can’t get them to buy something then (in some cases) I have ads running on the site that will make me money anyways.