Here is a list of Passive Income Strategies.
■ Writing an eBook. A lot of people get intimidated by the idea of writing an eBook because they don’t consider themselves to be writers. I will cover the topic in great depth, and explain how you can get a book written with relative ease, and market it effectively. A well-written eBook can easily earn you income for the rest of your life.
■ Marketing affiliate products. Affiliate products tend to get a bad rap because a lot of people try to market them and don’t earn any money. The reason they fail to earn money is not because affiliate marketing is bad – it’s because they don’t go about it the right way. I’ll tell you how to choose the best products, and set up your revenue streams so that they require little ongoing work from you.
■ Creating a mobile app is another popular way of creating passive income. There are a lot of apps out there, but if you can come up with a unique one, you can sell it for years without having to do any additional work. You don’t even need to be a programmer to create an app.
■ YouTube is one of the world’s most-trafficked websites and a great source of passive income if you know how to use it. I’ll explain how to set up a YouTube channel, give you tips for creating videos, and tell you how to monetize and publicize your videos.
■ Creating an online course is in some ways the most labor-intensive of all the options here, but it is also a very good way to earn significant passive income. I’ll give you tips for choosing a topic, creating a course, setting a price, and marketing your course.
■ In case affiliate marketing isn’t enough for you, I’ll talk about the benefits of creating your own product to sell, and how you can set up your own affiliate programs.
■ Product review and comparison sites are very popular.
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