If YOU are interested in beginning your journey to Passive Income
Sign up for this limited space, private, live, passive income webinar
on Wednesday, November 17th at 7p PST.

• What passive income is (99% of what I see touted as “passive income” is ass-backwards wrong)
• Disprove the biggest misconceptions and myths of passive income
• How to figure out YOUR passive income idea or system
• How you’d actually BUILD your passive income idea or system
• Whatever else I can think of fitting into this ~90 minute presentation AND whatever else YOUR questions might pull out (THAT’s the big reason I’m offering this)

Reserve Your Spot Now!

Do you like the sound of making money without having to work?

For most of us who were brought and taught that you have to work for a living, this does not seem a likely reality. After all, we were taught there will always be a lot of effort involved in making a good living.

While you might not be able to get ‘something for nothing’, there is a good chance that you can bring in profit that is MUCH larger than the work you do.  And what is more: you can stop “swapping your time for money.”

What I’m talking about here is ‘passive income’. This isn’t ‘getting money for nothing’ but rather it means setting up a business model that can eventually sustain itself with little-to-no input from you.

That’s right: you create an automated system of selling a service or product without needing constant work from you.

Yes, to set this up you will have put some work in. But once you’ve done that, you can simply kick back and relax and let the cash come rolling in.

You will not be trading time for money anymore. You will be able to go to bed and wake up the next day a little richer. And it means that you’ll be able to go on holiday and continue to earn. And it means that if a friend invites you to drop work and go play, you can just drop whatever you’re doing and go – no need to ask for permission from your boss.

Better yet, because passive income is automated and requires no further input from you, that means that you can continue to repeat the same business model over and over again and thereby increase your earnings over and over again too! This is called ‘scaling’ and eventually, you can be earning massive money by having multiple ‘income streams’ all working at once.

It’s kind of amazing…

But Let’s Get Real: Is Passive Income Actually Possible?  Is it that Easy?

You’ve probably heard promises like this before, right? Normally on ‘make money’ websites that promise expensive schemes that involve complicated or shady activities, involving “buying the products you use at wholesale!” or “just sign on your friends!” or ‘tricking’ Google in some way or another and often involving a distasteful selling or shady work.

You buy the book or read the article that promises how to do it.  You read through it… and then you just give up, frustrated.

Is passive income really possible for everyone? Or is it just a pipe dream?

The answer is that it is very possible.

I know this personally because, for YEARS, I’ve done it. In fact, earning passive income was what allowed me to be a stay-at-home father for my infant daughter when every other parent I knew shipped their child off to childcare for the necessity of working every day.

Instead, I chose to stay at home, enjoy both my daughter and my life and STILL earn money.

Not only is earning passive income possible, for the most everyone above millionaire status it likely forms the BULK of how they earn their riches. 

But before we talk about how millionaires leverage passive income… let’s start with you. Your story – how YOU will begin earning passive income – likely begins in starting to make the shift from envisioning earning money the traditional way: with hours of hard work, to learning how to build passive income.

For starters, you need to recognize that passive income does not equate to a get-rich-quick scheme. There IS work involved and you’re not going to start seeing a massive amount money overnight. If you go into this expecting to get rich with minimal effort, it is highly likley you’re going to come away very disappointed.

Instead, you should get into this looking for a way to begin supplementing your current income and lifestyle; and earn extra cash without having to work hard for it constantly. Best of all, this is a way you can earn while doing something that you love.

Creating a passive income can help you to generate additional income without having to continuously put in long hours. That means, you can choose to do it on top of your regular business or regular job. And even if you only earn $50 a week – that’s $200 a month. That in turn is enough to go on a few extra vacations a year, to put aside some serious savings, or to treat yourself well – all from creating a business model that you can really be proud of.

And once you start seeing that cash flow and you stop trying to ‘get rich’, you’ll find that it’s surprisingly easy to keep it growing and to keep that money coming in.

And you can even repeat the strategy you just employed in order to multiply the income several times over. 

Build Passive Income Smart

If you are interested in passive income, the important thing is that you be smart about the way you approach these business models. The key is very much to work smart rather than hard. You need to be able to understand the thought process of building passive income and you need to know how to create something that will work without wasting lots of time and effort on small details that really don’t matter.

I’m not just going to tell you what not to do. In this article I am also going to help you actually get started with one of these smart business models so that you can begin seeing that passive income pour in right away, all while keeping it simple, effective and easy to implement, so that soon YOU can be making money while you sleep.

Making it Actually Work

None of this is actually anything new. No doubt you have heard of passive income before. Generating passive income is not rocket science. But what it IS, is thinking differently than you have been.

The key is to making a passive income business model that will actually work is understanding what makes some passive income models sell successfully while others never do.

The first key element is what interests, resources or tools you already have. 

Interests

As mentioned above passive income is NOT “get rich quick.”  Nor is passive income earning money for “no” work.  Let me be the first to dispel that lie: passive income takes work.  It’s just that, once that work is done… an effective passive income stream should largely generate income for months, years or decades… without further work from you.

But the requirement of work and the high probability that your first few attempts will not be successful require that you pick something you are motivated to do and motivated to do for more reasons that just money.  Your passion about the topic you pick to build a passive income in, along with your believe in your ability to succeed in building a passive income stream, will be what keeps you moving forward through temporary setbacks or failures.

To be clear I wholly believe that YOU CAN build successful passive income.  BUT… it WILL take work, creativity and perseverance to launch, build and optimize.

Niche, Resources and Tools

It will be important you search out a passive income stream niche and demographic that sets you up for success. You need to pick a product that has a very broad appeal and that offers a lot of value to the buyer but also one that won’t be going up against too much competition and that won’t struggle to get noticed.

For instance if you worked to build a stream in the ‘fitness’ niche, then you’re going to be going up against HUNDREDS of thousands of other products and businesses, some of which will have much bigger budgets than you. That means it will be harder to innovate, harder to launch, harder to get noticed and harder to succeed. 

But if you can hone in on something more specific: maybe making an ebook on fitness aimed at the over-50, or phone app on fitness aimed at beginning martial artists, then you can suddenly choose much more specific needs, audiences and functionality thereby making it far easier to innovate, far easier to get notices and… far easier to succeed.

Influence

Another tip is to think about the niches that you already have deep knowledge or influence in. Deep knowledge makes it easier to invent or build a stream in the niche; influence means that you have a ‘route to market’, which is any direct access to a big audience that is likely to buy from you.

Right now, you probably have a few routes to market that will make it very simple and very easy for you to make those sales. For example, you might just so happen to be friends with the editor of ‘Gardening Magazine’. If that’s the case, then take advantage of that audience by creating a gardening passive income product. Create the product, find the right audience and match the two. That’s all it takes – so think about your existing opportunities rather than trying to invent new ones from scratch.

Another tip is to think about the ‘value proposition’ of your product. That means asking what it is that your product can actually do for people. In many cases, this will mean asking how it can change their life.

For example as in one of our last examples, if you’re trying to sell a fitness app, then don’t think about the app itself: think about how it feels to have amazing abs, to have tons of energy every day, and to be more attractive and confident. That is the ‘value proposition’ that you’re selling and that’s what your sales pitch, and thus, your passive income idea should focus on. This is what can generate enough emotion to get someone to click buy.

There are a few ways to begin to narrow the niche you are looking at.  For instance, use Facebook’s advertising system to research and later to target the precise right person with your ads. You can do this by using filters to only target men, only target students, only target certain areas etc.

As another example, if you’re built an automated wedding directory that sells advertising for wedding venders, then you can create an advert to target only wedding venders.

With the right product, the right pitch, the right audience and the right checkout, you’ll find the money comes rolling in!

You Can’t Fail!

Wrong.  In fact, as I mentioned before, it’s HIGHLY likely that you WILL fail.  And that is NOT a bad thing.

One of the most important concepts I want you to understand for earning money online passively then, is the ‘fail fast’ concept. What this means, is that you are going to create businesses that are designed to either work or fail very quickly. Build a product that is an MVP (minimum viable product), release it and see if there is an audience. If so, then you can start investing more time and money into its development.

You don’t even need to be original. Find a product that’s already selling, mimic it, and then sell it to a slightly different audience!  For instance, mimic an idea – say online dating – but pivot its audience slightly by aiming it at a professional niche ( professional niche often works very well). Are you in stage lighting? Then try making an app that matches new or upstart rock bands, matching their needs to introductory stage lighting!  In the beginning a similar offering that simply gets you data on your idea and audience is always better.  Simple is always better. 

Scaling

Once you have successfully built a product or business that earns money passively, you’ll be able to kick back and let the cash roll in. THEN you can build and refine your passive income idea to maximize profit!

Passive income means that you are not tied to your nine-to-five or to your desk.  You are not tied to any particular area you have to live in.  You are not tied to any particular schedule.  And you are not tied to any particular work. Passive income makes you free and we’ve seen, it really is very possible when you know how.

For many more tips and MUCH more guidance on how to set up your own passive income business, sign on to our upcoming Live! Passive Income $uccess Webinar occurring November 17^th.  Space is extremely limited so reserve your spot now.  We will get you up to speed on creating your own passive income and help you start letting the cash roll in even while you’re sleeping or on holiday.

Reserve now so that you can enjoy being passive later!

Sign up for this limited space, private, live, passive income webinar
on Wednesday, November 17th at 7p PST.