Tag Archive | "Passive Income"

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Archaeologists Uncover the Best Passive Income Program

Posted on 01 October 2010 by Lisa Wells

Oh come now: You didn’t really expect an example of the best passive income program unearthed from the depths of an ancient Egyptian sarcophagus in Sakkara, surely? Although we can take lots of wonderful lessons from ancient history, online passive income generation is not yet one of them.

But what are forensic digital archaeologists going to say about the subject in the far distant future. (Say, about 5 years from now…) Will they look back, and say “Information product creation turned out to be the most versatile passive income strategy!” – or will they take its other great rival, affiliate marketing, and create holographic brain chip shows about “The Fall of the Super Affiliates”?

Flippancy aside, it’s amazing what razor-sharp vision hindsight can bestow. But for now, all you can do is pick the passive income plan that works the best – and the most naturally – for you.

If one plan isn’t right, don’t be afraid to switch chariots, mid-race. For example, you may start out determined to be a niche blogger, with a small fortune invested in several domains and hosting packages (before somebody finally tells you about reseller sites). But several months and several hundred dollars into your experiment, you suddenly realize… you hate niche blogging. That free Special Report you created as a sign-up bribe to your “1,001 Liverwurst Recipes” blog did so well, you’re thinking of switching your passive income generation to original info products.

That’s perfectly alright. Most top entrepreneurs will tell you they had several “failed” experiments, before they finally hit on the perfect business model.

And don’t worry – all that work you put into learning niche blogging will come back to reward you, when you unearth and repurpose all that content you wrote, a year or so from now.

Get my free report, Passive Income Advantage: The Benefits Of Earning Passively, at http://www.thepassiveincomeblueprint.com.

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Coffee, Newspaper and Mouse on Desk

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Are You Missing Passive Income Opportunities Right Under Your Nose?

Posted on 31 August 2010 by Lisa Wells

When it comes to  passive income opportunities, you’ve already got your plan in place.  You’re a virtual assistant new to info product marketing, so you’re go with the most inexpensive option for your product –  a digital eBook. You plan to pay Clickbank’s $50 one-time publisher’s fee, and place your product there.

Clickbank provides your affiliate program management, as well as your payment processor, so you don’t have to manage either. And you’ve covered the last base by learning how to legally, effectively cloak your hoplink.

Let’s run over your checklist…

  • Domain name
  • Minisite
  • Sales Page
  • Affiliate banner ads and code

You’ve even paid for a professionally designed header and some graphics. And you’ve already started to publicize your new eBook on social networks and forums. 

In fact, you’re all set, and ready to go!

Or Are You?

There is one more question you need to ask yourself:

Have I made the most of every opportunity to squeeze more passive income out of my subject?

Until you’ve considered every option, you’re leaving money behind that could be pouring into your bank account!  You could easily upsell at check-out point by offering your eBook as a physical product.  Companies like Kunaki can produce your  CD or DVD on an “as-ordered” basis, shipped directly to the customer.  Your base cost, at time of writing, is $1.75 per CD! 

If your actual cost (including shipping) is $1.75, and you offer the CD version at checkout for $10.00 (including shipping), you could maximize your passive income from that one sale point by a profit of $8.25 per CD!  (Kunaki can create videos and DVD’s too.)

There’s no good reason to leave unmined sources of income behind at every sale. Find out all the details at Kunaki – and decide if creating a physical upsell product is a viable idea for you.

Get my free report, Passive Income Advantage: The Benefits Of Earning Passively, at http://www.thepassiveincomeblueprint.com.

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Hi and welcome! I'm Lisa Wells and as a successful virtual professional since 2005, I want to help you with your online business! If you are motivated to start your own online business and want to learn from my successes (and failures!), please sign up above to get my free tips and join my community!

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