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10 Passive Income Ideas for 2019 Online Business Ideas to Make Money including Affiliate Marketing, FBA, Drop-shipping, YouTube, Publishing, and More

10 Passive Income Ideas for 2019 Online Business Ideas to Make Money including Affiliate Marketing, FBA, Drop-shipping, YouTube, Publishing, and More

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10 Passive Income Ideas for 2019 Online Business Ideas to Make Money including Affiliate Marketing, FBA, Drop-shipping, YouTube, Publishing, and More

valutazioni:
4/5 (5 valutazioni)
Lunghezza:
138 pagine
1 ora
Editore:
Pubblicato:
Jan 20, 2019
ISBN:
9781386038665
Formato:
Libro

Descrizione

Are you fed up with spending your time working for someone else? Do you hate your 9-5 job? If so...keep reading!

Even if you think you don't have time to create a business and escape your job, the strategies and methods in this book work with you to find the time and fit into your busy schedule.

There's been hundreds or thousands of people who have tapped into one or more of these passive income methods and quit their traditional jobs and were able to live the life they truly wanted. Now it's your turn!

Inside this book you will uncover:

  • The truth about passive income that most will not tell you

  • How to begin creating a side hustle that can turn into a full time income

  • How you can turn your passions into cash

  • Exact steps to get started in affiliate marketing, dropshipping, blogging, publishing, YouTube, Real Estate and more!

  • A special bonus chapter at the end of the book that includes an 11th passive income strategy!

  • And so much more valuable information and resources

If you're ready to take control of your lifestyle and income, then take the first step and purchase this book today and get a SPECIAL bonus inside!

Editore:
Pubblicato:
Jan 20, 2019
ISBN:
9781386038665
Formato:
Libro

Informazioni sull'autore


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10 Passive Income Ideas for 2019 Online Business Ideas to Make Money including Affiliate Marketing, FBA, Drop-shipping, YouTube, Publishing, and More - Damen Pallas

BONUS!

Introduction

Most people who had been previously trapped in a soul-sucking nine-to-five job admit it was the Internet that provided an escape. Creating a successful online business entitles you to a passive, or residual, income i.e. receiving a regular positive cash flow with little effort on your part. A successful online business finally grants you what you’ve longed for all these years: freedom. You don’t have to continuously watch over your shoulder worrying that your company could cut your pay or give less hours or even let you go at any time they see fit. With an online business, not only do you employ yourself, you can work from anywhere and at anytime you want! At times, you can take days or weeks of vacation time, or recovery time, and still hit revenue goals. This book intends to give insight into various online businesses you can start, earn a passive income from, and use to free up your time. I’ll be honest, you must put in a great deal of initial effort and it’ll be anything but passive when you start out, but once the business takes off, you can leverage automation tools to run your business with less hassle.

Chapter 1: What No One Tells You

Let me make one thing very clear: creating an online business that brings in residual income is NOT for lazy people! It’s for people that are willing to work diligently and want to create more freedom for themselves. Creating an online business that will reliably give you money with minimal effort on your part is totally feasible, but even though it’s an attainable goal, it doesn’t mean that you won’t have to put in the work. The following are some of the most important pieces of info that very few gurus will tell you about making passive income ideas come true:

1.  There’s a ton of upfront work involved

Before you make any progress, you will first have to perform a lot of upfront work. For instance, if you intend to launch a dropshipping business, there’s a lot you will need to research and familiarize yourself with. When you prepare well, you increase your odds for success, but if you have a lazy mindset, you risk jeopardizing your entire plan. One of the most important tests that you must complete before you get started in any of the methods you’ll learn about here is market research. Take a look at some of the benefits of market research:

Minimizing or eliminating risk: Regardless of what line of business you embark on, there are certain pitfalls that you must avoid, and having prior knowledge of these risks instead of finding out from experience, puts you at an advantage.

Understanding your target audience: One of the fundamental elements of a successful business is getting to understand your customers. If you miss out on capturing your ideal market, you obviously deny yourself the chance to reach your maximum potential.

Improve customer relations: Repeat customers are what make a business successful, but for customers to order from you again, you have to be pleasant and personable. It really helps to know what your customers want and being able to cultivate powerful relationships with your customers.

2.  You must market your brand consistently

Sometimes you might think that your business idea is truly original and that it will sell itself. In some cases it’s true, but generally you will have to market your brand to create enough buzz around your products. Why is it important to market your brand consistently?

Brand recognition: Unless you are an extremely innovative person, chances are there are various companies already serving your niche. Your company isn’t special. If you want to increase the visibility of your brand, you have no choice but to market it.

Increased sales: Nothing risks the stability of a business more than low revenue and the inability to grow. Marketing is one of the methods that companies employ to increase their revenue. It leads to more people interacting with the company and maximizing its earning opportunities.

Product launches: There are many great products on the market already and standing out can be a bit of an issue. When launching new products, you certainly have to employ a unique kind of marketing.

Helps build credibility: The more you invest in marketing your business, the more credible and authoritative you will seem in the industry. Marketing involves crafting a certain narrative that you become associated with.

Creates loyalty: When your customers keep seeing advertisements that connect with them, they develop a loyalty to your brand.

3.  There’s no such thing as a Set and Forget revenue stream

Contrary to what some deceitful online income experts might say, there’s no system that would totally relieve you of the need to put in an effort. A Set and Forget system implies that all your revenue streams function on autopilot. On top of that, you don’t have to move a finger and you are at no risk of losing your income. Obviously, that’s a lie. This misconception is what attracts a lot of lazy people into starting projects with an aim of creating a passive income. But when they find out that they have to put in the work in order to realize results, they throw in the towel. In order to make a reliable income, you will always have to apply yourself, but if you did an excellent job at the start, your work will be significantly less demanding further in the process. For instance, if you did most of the heavy lifting in the early days of your e-commerce store, it means that you have most aspects of your

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