How can I make passive income?

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Someone asked me,  “What is the next big thing for passive income?”

The word “passive” is very relative. If you want to make income without doing any work, you won’t find a solution here. You can outsource a lot of the work, but of course, you’ll have to pay for that.

Usually, you get passive income by doing a lot of work up front. Passive income is not doing 1-on-1 coaching in which you get paid by the session or package. That’s not to say you can’t make a lot of money doing 1-on-1 coaching, but it isn’t passive income.

Partially passive income would be creating an electronic product and selling it. You still have to promote for each sale but the delivery is automatic.

Let’s talk about some ways to make income that’s even more passive, because everyone wants passive income! Read More

by Ellen Finkelstein

Making money as an affiliate

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You probably use products and services that you like. Of course you do! Everyone has favorites that they like. Perhaps you even wrote a rave review on a website such as Amazon.com.

internet-marketing-affiliate-programs-1When you are searching for a product to buy, you read the customer reviews, right? They’re usually very valuable for making a decision.

You can make money selling your favorite products and services to others — IF you have an online audience. The most popular way to do this is through an email newsletter but if you have a popular blog, that could work, too. A combination of both would be better.

Here’s an excellent blog post from Entrepreneurs-Journey.com about making money as an affiliate marketer.

How do affiliate programs work? Read More

by Ellen Finkelstein