Category Archives: Passive Income

Website income for the month of September was just $3.44. All of that came from Google Adsense.

Not too exciting, and there’s definitely room for improvement. I’m still not covering my hosting costs. Despite my offer to go above and beyond if someone bought a Text Link Ad for this site, nobody has yet. The offer still stands

The site had approximately 1500 visitors during the month providing 2700 pageviews. That’s a 7% increase over August.

The most popular posts this month were:

65% of my traffic was referred by StumbleUpon. Google sent me 6.36% of my traffic.

RSS subscribers numbers have been going up steadily with a peak late this month of 59 readers.

It has become increasingly apparent over the last few weeks that there are some things missing from my approach to make money online. The most successful people in internet marketing out there have amassed a large collection of web properties that collectively give time many thousands of unique visitors each day. That’s a lot of eyeballs. That allows these people to quickly try out a new advertising product and quickly get measurable results back.

Quite often I like to work backwards from the goal to see what the next steps should be or if there’s something that I need to learn. Lets start with the goal of making $10 000 each month online passively. How do you do that? There are two options that immediately come to mind:

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I am simple astounded at the success people are having with getting ranked on Google.  It simply doesn’t seem possible that it should be so easy. 

Previously I had assumed that in order to get ranked high you had to have a website that was reasonably well established and had collected a large number of links back to the site.  I was under the impression that Google was using the number of links as a measure of how good a page was.

Boy was I wrong!  With the number of people that have managed to get put on the front page of Google for their key phrase in just hours without, it seems, doing any promotion what-so-ever.

With the process that Ed has created.  It now seems possible to find a niche, get content and publish it, and have the site show up in Google where you receive real targeted traffic within a day easily.  In fact if you had a small team of two people brainstorming on a Saturday it would probably be possible to have as many as 10 new targeted sites up and potentially generating profit by the end of the day.

Can you imagine if you made that a monthly event?  Every month have a development day where you build 10 potential new niche sites and then over month you tend them, adding content.  Gradually evaluating the best performers and finding ways to explore them further for more profit potential and killing off the ones that don’t convert.  If every month you had just one that performed extremely well and gave you just $100/month in profit, then you’d make $7800 in your first year, and $22000 in your second, and $36000 in your third.  Of course $100/month is nothing.  What happens when you hit on a niche that really performs and you establish yourself as the authority within that niche.  Suddenly you’ve added $50,000 to $100,000 or more to your salary.

Over the weekend I’m going to further refine the steps that Ed has provided for the Thirty Day Challenge and distill it to a process that can be quickly run through in minutes.  With a documented process it should be much more efficient to step through and get things going faster.

This makes me very excited.  I will definitely be exploring the world of internet marketing more in the future.  If there ever was a better way to make money I haven’t heard of it.

A lot of people online are using their blogs to make money. In fact there are people out there that make serious six figure incomes from their blogs. Should you jump into it to get a piece of the action?

Currently I’m authoring 3 different blogs and I’m already feeling the pinch. It’s difficult to find the time to write for that many sites, especially with a full-time job. There are tools out there to help with managing multiple sites, but writing still takes time and finding ideas is not always an easy process.

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st. edward’s crownRoyalties are one of the basic categories of passive income. There are many opportunities to make royalties online with little or no capital investment. That makes it appealing to a lot of people.

College’s make big money with their vast amount of inventions, and payments for royalties. However, without much experience it may be difficult to know where individuals can start.

The common factor with this type of income is that it requires a lot of up front work. This could include building a library of content, or creating designs, or inventing something new. In many cases it also requires becoming well known by doing some self promotion, creating web pages, and finding/building a fan base.

Here’s my list of resources with the opportunity to make you lots of money online through royalties.

Custom T-Shirts and Clothing

There are a number of sites online that can help you create your own products. They provide you with all the tools necessary to build a store front and make sales. Some even expand into more than clothing and allow you to design things like coffee mugs, cards, posters, postage, mouse pads and many other items. Here’s a short list of some of the best out there:

  • Zazzle.com – Zazzle has a lot of different possibilities. They have a very cool interface for designing your products very quick and easy. With their fixed price structure you will make up to 17% on your designs. Zazzle will set you up with a store front in minutes, and they have some widgets to put a piece of your store on other sites.
  • CafePress – One of the older and well established sites. Cafepress is a direct competitor to Zazzle. Their online design tools are a little less easy to use than Zazzle, but their pricing scheme allows you to markup the products from the base price to the appropriate sales price.
  • PrintFection -Specializes in apparel and apparently the quality is superb. Their pricing scheme is similar to CafePress.

For more information about getting into the t-shirt business check out http://tshirtentrepreneur.com/

Selling E-Books

If writing is more your style it’s possible to write a book and have it published online. You can use a site like ClickBank to help sell your book. They will add your product to their library which allows their large number of selling associates to also help with the selling. It’s possible to make good money with e-books, but with the large number of people trying to get into this, you’ll have to do some extra promotion to really sell.

Sell Photos

Have a knack for photography? There are a ton of sites out there to help sell your photos. check out this guy who makes about $2000/month selling photos online. Here’s some good sites to start with:

My ambition is for this site to be a resource for anyone interested in making a passive income. The shtick is that I’m going to be personally attempting to get a new passive income stream going approximately every 5 weeks until I reach financial freedom. Once that happens I will shift my focus to doing what I’ve wanted to do for the past 5 years — build a real business.

There are many sites online that try to sell you on home based businesses with big promises. They almost always require you to pay an up front cost that makes the whole thing seem sketchy. There are also lots of bloggers out there claiming show you how to make money online but their only income is from hitting you up with ads. Yes, this site has ads, but anything I make from them will be re-invested into other passive income generating sources that I can share with you. Continue reading