Passive income…5 ways to get it done

I get asked this question all the time. What are some ways I can create a business or some extra income? I’ve created a list below to help you get started. Trust me this is not it!

1. Write an ebook.
This can be a lot of work upfront, but once the ebook is created and marketed it can provide you with a passive revenue stream for years. You can either sell the ebook on your own website or offer it as an affiliate arrangement with other websites that provide content related to your ebook.

 

2. Sell your own products on the internet.
The possibilities here are endless — you can sell just about any product or service that you like. It could be a product you have created and can manufacture on your own or it could be digital in nature (such as software, DVDs, or even instructional videos).

 

3. Become a referral source.
Every small business needs referral sources in order to maintain sales. Make a list of small business providers that you use on a regular basis and feel you can recommend to others without reservation. Then contact the owners and see if they have any kind of cash referral offers available.

You can do this with accountants, landscapers, electricians, plumbers, carpet cleaning services — the list is endless. Keep a list of these businesses, and be ready to refer them to your friends, family and coworkers. You can earn a fee on each referral just from talking to people.

Don’t overlook referral programs at work either. If your company offers a referral bonus for either new employees or for new customers, then take advantage of that plan. It’s easy money with virtually no work.

 

4. Create an online course.
Everyone is an expert at something. Why not create an online course about your passion?

There are a number of ways you can produce and host your own online course. One very simple way is to use a website like Udemy.com. Udemy as over eight million students and is a great way to get your content in front of others for their consideration.

Once you create an online course, it can work for you while you sleep!

What do you put in your online course? Good question. You can add video lessons, checklists for completing steps you recommend in your video lessons, small ebooks to supplement the lessons, audio files for people listening while traveling, informative interviews with like-minded experts, and a whole bunch more!

In fact, you can create several packages at different price points. Some people will want everything, so you can include ‘the works’ for the highest price point and then have two lower price points so that you can receive the largest possible volume of orders.

 

5. Make money for tasks you’d do anyway.
Yes, you can make some money doing some of the things you’re already doing.

For example, InboxDollars allows you to make money by playing games, shopping online, searching the web, and more! Swagbucks also allows to make money doing similar activities. It’s amazing. Take advantage of these websites and make some extra money!

This is just the tip of the iceberg but these are some ideas to help you get started. If you need assistance and need accountability to get things done contact me TODAY!  I am hosting a Accountability group for 2017 and I am ready to help you birth your dreams and visions. It’s only $20.17 to get started with a low every Quarter payment. I truly want to help you. Fill out the form and let’s get started Sign up today at bit.ly/STAMastermind

Sharlrita Deloatch

 

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