How to Generate a Passive Income Online

How to generate a passive income online

Check this out if you want to learn how to make money online free. You will also learn how to generate a passive income online.

In this post we are gonna be talking about great things that come from having a passive income source. We will also explain how to build one for yourself.

However, we will only focus on online passive sources today.

So if you are interested in making an income source that will make you money even while you are sleeping – stay with me.

So why is so good to have a passive income?

Well, for multiple reasons. The number one reason – you will earn money even if you are not working at that moment. You will lay foundations to your online business that will always make money you can count on.

This really applies to physical passive income sources as well.

If you want to become a part of the most caring online community out there check MY TOP RECOMMENDATION in the main menu of the website and create FREE ACCOUNT.

So let’s dig deeper into the financial freedom model called “passive income”.

I ACHIEVED MY FINANCIAL FREEDOM HERE!

 

PASSIVE INCOME BEFORE ON-LINE ERA


Before the invention of Internet and affiliate and online marketing – you could only have a physical passive income source.

Some examples are: casinos, clubs, restaurants, cafes, hotels etc. You could say that this is the “hard mode” of building your passive income.

How to generate a passive income online

 

Why is that you might ask? Well, because you need really big investment of time and money and there is no guarantee at all you will succeed.

Also, unless you have a big pile of money, you will not be able to test out your luck for too long. Managing any of these properties is very expensive and you usually need experience to start.

Another big flaw of physical passive income sources is LIMITED AVAILABILITY and REACH.

What we mean by this is that your potential customers are usually people that live nearby. So even if you have the best service and price, you will only reach a limited number of potential customers.

That is why starting a place like a restaurant or casino is very risky.

On the other side, having an online business or a website is really affordable to have and there is almost no risk at all.

Your potential reach is billions of people. Anyone with Internet will be able to find you. It’s up to you to attract visitors to your website/online business.

How to generate a passive income online

PASSIVE ON-LINE INCOME – WHERE TO START?


Today, creating your website is piece of cake. Especially with great tools as SiteRubix. Two minutes and your website is ready.

Join Wealthy Affiliate and you will have two websites at your disposal – COMPLETELY FREE. So it is really is to start.

Hmmmmm…but where is the catch?

Well, if you are ready to put time and effort into your online business there is really no other catch.

Having an online business means that you will need to put everyday work. If you are ready to commit to your success, nothing will stop you really.

HOW WILL MY WEBSITE BECOME MY MONEY SOURCE?


Mostly through the content you will be putting there. We already covered this in our post about online business.

The process goes like this:

  1. You choose a NICHE
  2. You create a niche website
  3. Custormer finds your website using the search engines
  4. Customer makes a purchase via your affiliate link
  5. You earn a commission out of every sale

How to generate a passive income online

To really make this work it is best to start with the niche that is not overly competitive but still has enough people involved around it that it can actually make you profit.

We made a great post about choosing the perfect niche for your website. We recommend checking it out.

As we already discussed, you can set up a website in no time.

But how to fill it with proper content? What should you focus on?

Well, most people on the Internet search the solutions to their problems. They search for answers and information. They also want to make a purchase.

Your website is there to help them and assist them with anything they might need.

FREE MEMBERSHIP, TRAINING AND 24/7 SUPPORT

 

IMPORTANCE OF HIGH QUALITY WEB CONTENT


This is really a key to your online success. There is nothing more important than this part of your website.

Without targeted, high quality and SEO content – you will not be able to convert and earn money.

Your content should be topic oriented, should have at least 1000 words per post and should be unique.

We already made some articles about SEO and we highly recommend checking them out for more details.

How to generate a passive income online

Keywords are playing another big role in your website content. They are also a part of SEO.

Creating posts that target great keywords is also gonna be one of your important tasks. Keywords, when used properly, can get you traffic and make your content reachable.

That is why it is important to have a good keyword tool. I recommend Jaaxy keyword research tool because anyone can really use it. It is very newbie friendly, the interface looks amazing and every important aspect of the keyword is right there before you.

Another great thing to know is that Jaaxy is FREE when you are a part of Wealthy Affiliate.

HOW CAN SOCIAL NETWORKS HELP YOU WITH POSITIONING YOUR BRAND?


How to generate a passive income online

Whether you are a blogger or an online store owner, it is highly recommended to be present on most popular social networks.

Today, social networks are used as a tool for engagement, promotion and gaining trust with your potential customers.

Social networks can also be used in boosting your online traffic, sales and exposure. You can also use social networks to advertise.

If used with good practice, advertising on Facebook can lead to new sales and clicks.

If you do not have already, you should create accounts on following social networks :

1. Facebook

2. Twitter

3. Google+

4. Pinterest

5. Instagram

You might also consider having an account on LinkedIn, Quora, Reddit and Mix.

Managing your social networks is also gonna be one of your everyday tasks. Sharing your new posts with your audience is a great way of building your brand on the Internet.

You may use your personal profiles or profiles created specially for your business. Either way it is important to have some number of followers.

THE GOOD AND THE BAD SIDE OF ONLINE BUSINESS/PASSIVE INCOME


THE GOOD

1. Work from home (or anywhere else)

2. Huge potential income

3. Low investment cost

4. You are your own boss

5. Available to anyone 24/7

6. You can create unlimited number of websites and use them as your potential income makers

7. Managing and accessing your business from anywhere in the world

8. Almost anyone can do it

THE BAD

1. Being separated from people/social part

2. It takes from 3-6 months usually before you start making some income

3. Consistent work is needed

4. Sometimes you might get overwhelmed

WILL I SUCCEED? WHAT DOES IT TAKE?


How to generate a passive income online

I will answer you with a counter question. Why would’t you succeed? Most of us started this as a way of earning extra income.

This will eventually change and you will start to dedicate most of your free time to this online project. You do not need to be a professional writer or experienced in this field to be successful.

That is really great news for anyone interested in starting their own first online business. You will get better with each post and expand your knowledge day after day.

Many successful members of Wealthy Affiliate that completed the training given at this platform are earning from 500-1000$ even if they have ”nine to five” job.

There are also many others that quit their real job and are dedicated working every day on creating their online business.

I must tell that you shouldn’t quit your real job before you are sure you can earn enough so you can support yourself.

As we already discussed, making money online TAKES TIME. There is no easy way and no shortcuts.

If you can dedicate at least few hours every day on building your online business – you will earn money after your first year.

From there, you will just continue to evolve and attract more visitors, create more content and earn MORE MONEY!

LEARN ABOUT INTERNET MARKETING HERE

 

So it is up to you to make the decision.

Thank you for reading.

Feel free to leave comments and feedback.

Strahinja

Your Online Profit

 

 

16 thoughts on “How to Generate a Passive Income Online

  1. I really love SiteRubix. Hosted almost all my sites there. I remember there was once when my blog was corrupted. Frantically I request ticket for help. And SiteRubix team replied in less than a few minutes. I was really impressed with the efficiency they provide. Of course, they solve my problem too. I would highly recommend this hosting to all my blogger friends.

    1. Hello and thank you for your comment.

      I am really glad you also had an amazing time using SiteRubix. I could not agree more on the support thing you mentioned.

      They are really efficient and problems are solved within minutes. They also provide free of charge SSL protocol for websites. That is another great thing.

      Regards,

      Strahinja

  2. Now this is what I really need. Passive income can give me consistent money for living as long, but I’m sure this will be hard to achieve. I’m still intrigued by the idea of offline passive income. Is it really possible to combine offline and online method for generating passive income? Sometimes I worry that when internet is down, so does my online income.

  3. Wow…you really spelled out a great blueprint for success online.  I couldn’t agree more….you must have quality content.  Content truly is KING!  You also need to be able to drive traffic and social media is a super place to generate organic traffic.

    Of course all of this takes some time and is usually harder to do than it seems at first.  But that’s o.k….if it was super easy requiring zero effort…everyone would be doing it.

    You give such sound an honest advice…this really is the way to create something special online,   Great job!

  4. For some reason, so many people turn to working a part time job when they are in need of extra income. But to be honest, that only really works in the short term, as you still are limited by the amount of hours you can physically work in order to make money. With a traditional job, if you miss work for illness, many companies will not pay you for that time missed. But passive income via a website will still work for you, even if you’re sick in bed.

    True, passive income via an online business will not happen overnight. You can’t just setup a website and expect the money to immediately start rolling in. But with time, you will start earning income with no effort on your part, and that is the reason why I love Passive Income. 

  5. Hello Strahinja, 

    Great post and I couldn’t agree with you more. 

    I have looked at very opportunities to earn additional income over the years and have been less than successful. I have recently joined WA and found everything about the site and community to be outstanding. Setting up my Website was extremely easy, using SiteRubix as you mentioned.

    I highly recommend anyone considering different options to earn additional income, or a passive, or semi-passive income to consider WA. 

    Best, 

    –Brad

  6. Hey Strahinja, your post was awesome. You hit on some very good points and might I add that you are totally right; passive income was so much more difficult to obtain years ago unlike today. I’ve always aspired to create a passive income stream so I can retire early but your post really made me start thinking seriously about it because I love being able to spend time with my wife and son. Keep up the good work!

  7. Great post on creating a passive income.  I believe that it’s so important in this day and age to have a secondary source of income that YOU control.  Jobs are never certain and layoffs happen all the time.  With planting the seed and growing an online business, you can generate enough money to either plan for your retirement, work completely for yourself, or just for that reassurance if anything were to happen to you, yourself or your job, that you will always be covered and won’t have to worry about finding a way to pay the bills.  I can’t wait to read more of your articles.  You put out some really great stuff! Cheers!

  8. I really enjoyed reading this article.  You were blunt, you never made promises but you made it feel like with hard work we can make money online.  Its very refreshing to see this as opposed to all the blatant lies of easy, fast and big money over night in your pajamas.  I do also have a better understanding of passive income.  It really isnt a brick and mortar world anymore.  Thank you for all the great information.

  9. I am normally quick to be suspicious of online making money ideas. This however seems different, you say many times that it will take work and time, which a lot of online scams do not do. They say you’ll make enough money for a yacht in a few days! I am very interested in this idea, especially since I can try it out without having to spend any money up front. I’ve heard a saying before, “If you don’t find a way to make money while you sleep, you will be working for the rest of your life”. This sounds like it may be my path to make money while I’m sleeping. Thank you so much! Can’t wait to get started! 

  10. I’ll like affirm that Wealthy Affiliate has a lot of offer to give and the platform helps you to make your strong and well made website. Having a content that is very valuable and of great quality is a key determiner to success and this can only be achieved by having a good keyword research tool at your disposal, I’ve been using Jaaxy for a while I recommend it. It’s a very nice and future promising idea to have a passive income. Thanks for sharing this information.

  11. Thank you for this great post on building a passive income.

    A post like this could have saved me a lot of time when I was starting out.  Most of my struggles came from not knowing where to get proper training and resources to succeed.  This just led to my success taking longer than it could have.

    Quality content is key when it comes to building traffic and becoming an authority in your niche.

    WA is an amazing platform and offers not only great training, tools and hosting services but an extremely helpful community as well.

    To anyone reading this post, do yourself a favor and sign up for the free Starter account.  Check it out for yourself and then decide if WA is for you.  All it will cost you is a bit of your time.  You won’t be disappointed.

    Thanks again,

    Scott

  12. That sounds so cool. Yes, I know that creating passive income before the Internet, was only possible through a restaurant or gym, but those required a lot of investment. I’m excited about this opportunity where we can start our own business online and not having to break the bank. Thank you very much.

  13. Thanks for sharing this wonderful article. I have quite a good internet in going fully into making money from affiliate marketing and I have never given a thought to starting an offline means of making passive income. Although I have heard a lot about making passive income, it always seem very complex to handle alongside my normal means on income. After reading this post, i have grown quite some interest in giving it a try. An extra source of income wouldn’t do no arm. Best regards.

  14. I fell in love with the idea of a passive online income a few years ago. I’ve been searching for ways and means of making it happen. I’ve stumbled across Wealthy Affiliate, and since then, everything has changed. The idea has become a reality! I agree with you on many points in your article. Anyone who is looking to generate an online income should have access to Wealthy Affiliate. It’s the best affiliate marketing training out there. It’s more than that.

    Moreover, it’s a lively community of like-minded people that help each other to succeed. And that’s priceless. Also, I agree that consistency and patience are vital ingredients for success. I enjoyed your article. Thanks for sharing! 

  15. Back in the days when I was a teenager, having a passive stream of income seemed like a dream for many of us because we needed a lot of money to invest just to get started. Nowadays, my grandson is earning more than me passively online. He has encouraged me to research and give this new for of business a try. Thanks for this post.

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