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Now that youve chosen your niche, find a way to start sharing your message, whether a blog or podcast or Youtube channel, or anything platform makes the most sense for your intended market. Flynn claims this is where youll start to construct a fan base and collect subscriber emails.
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Use your base to build your audience, and when youre starting out, take advantage of the fact that you dont have a big following to give more personalized help to your first fans. The people who are starting out thats their advantage, says Flynn. They have the opportunity to speak directly with those people few coming their way to find out what their problems are and give them the special treatment that bigger brands might not be able to perform. .
Some websites Flynn recommends for learning are Fizzle.co, InternetBusinessMastery, SocialTriggers.com, and MichaelHyatt.com.
You cant start charging directly off the bat without your audience knowing anything about the value you provide (though you could still indirectly earn money from them with the ideal advertisements ). The perfect way to go in terms of a long-term passive income business is delivering value and information at no cost, and so establishing experience, knowledge and confidence with your audience, says Flynn. .
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Once your audience has grown and you've got validation that youre offering them worth, there are many ways to make passive income. You can sell electronic products such as ebooks or classes, take up affiliate marketing in which you market other companys products and earn a commission when you sell that thing to your audience, build a community and charge folks to be part of it, create software and promote this, among other avenues.
Flynn has created many different products. While his LEED exam is what got him started, he's earned a commission from selling other peoples products and provided a commission to other people who'd sell his merchandise, and also recently established his first applications, SmartPodcastPlayer.com, later realizing that many online podcast players provided only the basic stop/start/volume features.
We offered 250 beta licenses in less than 24 hours, because I had been addressing a need but also, I had built an audience and hope together When you build that amount of confidence with your audience, whatever you come out with, they will adore. .
If youre worried about launching a new solution, and think you might need some feedback to ensure it is really good, Flynn recommends pre-selling an idea for instance, offering a limited number of places or seats into, say, a course you produce and giving the test group specialized attention so that you can see how to enhance the content.
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Once you start to see some success, dont be led astray by the money. While Flynn does use affiliate marketing to make money, he only ever recommends products he has personally used and enjoys. He's inundated by means of earn $50 per sale through commission on merchandise he's never even attempted.
I only use products Ive used previously, since that trust you have with your audience is the most important thing in the world. He says if you do recommend a product for your incredible commission however, your audience has a bad experience with it, your credibility will be shot. .
The moment you start to do things for money, the moment you start to lie in your sales marketing copy, the moment that you begin to put dishonesty in your work is that the moment you need to reconsider why youre doing this work in the first place, says Flynn.
In order not to succumb to this, Flynn says Get More Information its important to know your motivation. Passive income is important to me not only for the financial security but so I can spend some time with my loved ones, he says. Ive been able to work at home and witness all my kids firsts.
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The Keys of Successful Passive Income Opportunities4.8 (96.92%) 13 votesHow Earn Revenue Like a Guru using Proven Passive Income OpportunitiesCreating a passive income flow demands a little more work and research up front and there are just certain specific areas which have proven effective time and time again.But, the foundation which you create for this kind of business will continue to bring in a flow of revenue turning website visitors into long-time customers from this single sale.A passive income stream in your portfolio will help you to increase your earnings and speed up your financial goals in exponential ways.