How many times have you read those stories about the ordinary housewife who suddenly began making thousands of dollars each and every month working from home with nothing more than a laptop and an internet connection? Yes, we have all heard them and although it ‘can’ happen, it usually isn’t an overnight endeavor. It’s next to impossible to get rich overnight, but with a little time and effort, you can set it up to continue earning a residual (passive) income. Here are 3 easy ways to get started.
1. Affiliate Marketing
With today’s technology, it’s relatively easy to set up a blog in just one afternoon. Most hosting companies offer a choice of hosting options, so all you need to find is one that supports WordPress and you are literally home free. You can blog about anything and everything that interests you and within that content you link to a company you have become affiliated with. Visitors to your site click through to that company, and if they buy products or services, you earn what amounts to as a commission. It’s easy to set up and the only thing you really need to do is create good content. That shouldn’t be too hard if you blog about subjects that interest you!
Conversely, if you are a techie who just created an amazing device you want to sell, you can seek affiliates to do the marketing for you through their blogs. Not only was the circuitry for your device easy to design with circuit creator software from a company like Altium, but now it’s easy to sell by enlisting the help of hundreds of affiliates to review your device for free! That’s passive income at its very best! The only thing you had to do was design the device. Let others do the selling for you.
2. Original Photography
Look at how many companies there are out there that make money from stock photography. There are a number of ways to go about making money from the photos you snap but, interestingly, you can make money from literally any photo you upload to your site. If a visitor clicks on it through to the client website, you can earn a passive income. Also, consider what your photos would do for a gaming techie who just created a new mobile game. You can combine affiliate marketing with click-through-photos by uploading various screenshots of games they’ve created.
3. Pay-Per-Click Ads
Over the past 20 years, so much has been written on PPC marketing that it would be redundant to describe the various ways in which you can earn an income with this method. The best, and probably easiest, way to learn how to begin making money with PPC marketing is to check out Google’s AdSense and AdWords pages. This is where most people get their start and the step-by-step instructions make it easy to start making money quite quickly. Jeff Bullas also has an easy-to-follow guide on the subject.
Earning a residual/passive income means just that. You do the work initially and then literally sit back and watch your efforts start bringing in the cash. The only thing to be aware of is that you won’t see a small fortune overnight, but over time, you can subsidize your current income with little effort.