I’ve recently had a lot of folks ask me if you need to invest money to earn a passive income online.
Well… there isn’t really a simple “yes” or “no” answer to that question, but I can explain some different opportunities available and what works best.
How I Started Earning A Passive Income Online
So I probably began with trying to make money online like anyone else… I was looking for a way to earn passive income so that I could build up my online business and have more time to do the things I love.
I started with Google AdSense and enabling ads on my YouTube videos. When I saw that I was actually making some money this way, I was ecstatic!
I mean… it was just a few cents per day if I was lucky, but it was passive income nonetheless. I started to become quite motivated and looked up ways to increase this residual income stream.
I Began With Free Ways To Increase My Passive Income
After adding more and more YouTube videos, I started seeing that I didn’t really know what I was doing… because my AdSense revenue didn’t seem to increase very much.
I watched other YouTube videos about how to make money online, but I was just overwhelmed with the spams and scams… However, I did find some useful videos.
I learned about setting up a Blogger blog (blogger.com) because it was free. It also made it really easy to integrate AdSense ads with just one click. The cool thing about Blogger blogs is that you start to get traffic pretty fast even if you don’t rank in Google.
Blogger blogs also seem to rank pretty fast in Google. Why? Well… for the same reason that YouTube videos rank really fast and high in Google… YouTube and Blogger are owned by Google! Google claims to be unbiased with their organic (free) search engine results, but if you still believe that, you may want to want to open your eyes a bit further. The internet marketing industry is a cut-throat realm, and there is absolutely no such thing as “unbiased” (just search for any product review and you’ll see what I mean).
Does that mean I am biased? Heck yeah… Do you really think I blog, do SEO, build sites, and make YouTube videos for fun? I wish I had that much free time on my hands…
However, I’ve learned that you can make a lot more money online by providing people with the truth and just by being honest… You know? I mean so many people try to cheat and steal there way to riches these days not realizing that that road is much more difficult and filled with paranoia and frustration than just doing it legitimately…
Affiliate Marketing vs. AdSense
After learning about affiliate marketing with ClickBank and Amazon (and then all the other affiliate networks), I decided that AdSense was a crappy way to earn a passive income.
Promoting affiliate products online is definitely one of the best ways to make a significant passive income, especially when you sell information products. Info products (e-books, software, membership sites, etc) bring in HUGE commissions because there is no per-unit cost or shipping cost for the vendor like with tangible products. That’s why ClickBank products make you about 50-75% commission while Amazon products earn you about 3-10% (I believe it’s somewhere in there).
So I began to create Blogger blogs about topics I was interested, and I would incorporate relevant affiliate products into my posts and recommend them to my readers. After about 3 months, I had finally made a sale! Wow, $30 in ClickBank!
Yeah… that ain’t exactly a great opportunity for passive income… or was it?
I guess I just wasn’t quite doing it right… I mean, it just seems like there are so many technical details to making money online, and even if you get only one out of a hundred wrong… you ain’t making jack!
What Was The Missing Piece To My Online Income?
That’s when I finally got over my stubborn self and decided it was time to invest into something that would teach me how to make money online and earn a passive income.
I guess I got really lucky because I signed up with Bring The Fresh (read the details here), and it ended up not being a scam at all! It was the first thing that I bought, and it ended up being the only thing I ever needed!
I had been hearing about so many people that just kept getting ripped off by product after product. It seemed like nearly all internet marketing product vendors out there were just out to get your money and then run for the hills… I guess I got pretty lucky then.
Did I Have To Buy Anything Else?
So when I recommended Bring The Fresh to my friends, they always asked me, “Do we have to buy anything else?”
That is a great question because I know with a lot of products out there, they just offer a product for a low price, and then they keep making you buy other crap in order for it to “work”.
With Bring The Fresh, you don’t have to buy anything else except for the basic necessities.
These basic necessities I’m talking about are web hosting and domain names. They are what you need to make the websites that earn you passive income, but all that is explained inside Bring The Fresh. Those are just fundamental things you need to make money online because you are building little online businesses that earn you affiliate commissions while you sleep or build your next one.
Are You Making A Passive Income Online?
Please leave a comment below! Let me know if you are making money online or not. If not, maybe I can help, but you do need to take action! Remember… you don’t get rich just by dreaming about it… you have to do something about it. If you have been making money online successfully, please just give us a brief description of what has worked for you in the comments! Also, please don’t forget to use my sharing buttons on the right. Thanks guys!