In today’s economy, it is difficult to survive on one income. This is the main reason many are turning to second jobs and other investments of time and talents to make ends meet. This can be a serious challenge when trying to raise a family. Time away from home would mean missing special moments in the lives of your kids, missed special family engagements. This would not be the case if you created a smart passive income stream.
Here are 3 ways to earn passive income that has proven results.
As a Youtube Channel Creator, you can monetize your content and earn as you sleep. As a Youtube Creator, you chose a niche, and give valuable content to your viewers. If YouTube sees you producing on a regular basis they will assist in promoting your videos by recommending them to other views. However, there are four items that you should pay close attention to: content, SEO (Search Engine Optimization), Niche and Titles. A tool that I recommend for all Youtube Creators is Tubebuddy. See how I used Tubebuddy Chrome Extension on my channel TechTalk Live
Membership sites are a great way to great community and garner support for your content. You can create courses and niche communities. The most important thing would be to provide consistent content that your follower desire. In this case, you can use a number of services that can make this process easy and automated such as Thinkific, Mailerlite, GetResponse and HootSuite.
Many persons have left their nine to five jobs and have full-time bloggers and affiliate marketers. One such person, I am aware of went from $0 to a $50,000 per month income from affiliate marketing. You must be determined and consistent in your delivery. Consistency is the key to success. There are many affiliate marketing platforms but three that I recommend are Commission Junction, ShareASale and ClickBank. Each of these has notable reputations in the industry and are widely recommended.
Implementing any or all of these strategies will help you increase your passive income.
Disclaimer: I’m an affiliate marketer with links to an online retailer on my website. When people read what I’ve written about a particular product and then click on those links and buy something from the retailer I earn a commission from the retailer. This helps to support my website.