4 Passive Income ideas That’ll Make You Rich While You Sleep
Looking for a good passive income idea?
When I first got into internet marketing, I didn’t have a clue what passive income was.
I just fell in love with receiving checks in the mail from multiple vendors…
…Waking up and seeing that I had made more money while sleeping than most people make during a full 8 hour day…
As time went on, I saw something that made me realize I needed to make some serious changes in my online business.
What Is Passive Income?
Passive income is an income received on a regular basis, with little effort required to maintain it..
See I was making money…
… I was making a lot of money!
But I was still working like I had a job…
…and my money slowed down because I was just making money; NOT creating passive income.
The definition of passive income in basic terms, is spending time setting up a system, operation and/or business that creates income even after you don’t do anything anymore.
Don’t let anyone ever tell you that money doesn’t grow on trees. If you setup the right passive income system, you’ll have a real life money tree…
You just have to know how and where to get the seeds.
5 Seeds for growing a money tree (passive income ideas)
1. Network marketing the best passive income idea?
I’ve always been somewhat on the sidelines watching network marketers rake in billions(Yes! BILLIONS) per year.
I mostly sat on the sidelines because I didn’t feel network marketing was for me. I’m not into the 3-way calls, home meetings and going door to door; just NOT my style.
Then came the best passive income opportunity known to man!
The one thing I love about network marketing is it requires you to be a better person…
…if you want to be successful.
If you have a gift for gab and love networking with and helping like minded people, what are YOU waiting for? Network marketing is YOUR calling…
I was on the phone with my cousin last night and I told her that she needs to really consider getting into network marketing because she has all the qualities from above and more.
When you are presented with a great opportunity that fits your personality…
YOU better run with it!
That’s why I joined Empower Network. I can earn passive income, help like minded people learn how to make a living online and have the coolest guy EVER as the CEO…
…that being David Wood.
…Oh yea and before I get off this subject, Empower Network is only a little over a year old and has paid out more than $20,000,000 in it’s first 12 months…
2. Earning passive income through blogging
I’m a professional blogger and have literally made THOUSANDS from blogging so Iknow that blogging is a great way to earn passive income.
The best thing about blogging is you can be you.
You talk about whatever you want to talk about and gain the interest of like minded people.
The more you blog, the more traffic you get.
The way you make money is simply to blog about products that are relative to your blog’s topic.
The more traffic you get, the more clicks to the products and BOOM!
You’re earning passive income!
Now the best thing about blogging is your blog posts will always be in the search engines and get you traffic.
Your blog post will be working during Christmas, while you’re sleeping and when you’re out on a hot date.
Now to make that even better, the Empower Network is based around blogging and this blog (YES the one you’re reading) ranks FASTER and HIGHER in Google simply because it’s an authority blog.
3. Becomes a landlord or a real estate investor
This is one of the oldest passive income ideas known to man.
People are always buying and selling real estate…
…and tenants are always looking for homes for rent.
Think about this. If a certain area is projected to have extensive job growth, wouldn’t it be a smart idea to own some homes in the area?
Every investor knows that high employment areas are goldmines for good tenants.
Problem is many people don’t know how to get started in real estate and often get started WRONG…
This leads to the spending of WAY TOO MUCH MONEY and eventually a large amount of debt and regret.
The best thing you can do is to thoroughly educate YOURSELF on the subject. Now being that I’ve done real estate before, I know there’s a lot of BS out there.
For this article, I wanted to provide you with some education on the current state of real estate and if you’re serious, you can get started the right way.
4. Write and sell ebooks for great passive income…
This is one method that many overlook because they simply don’t know how freakin’ easy it is to write a book…
…and make a lot of money doing it!
The days of having to go through a publisher to get your book out are OVER.
Amazon has brought about an era of self-published authors who have become best sellers almost overnight.
I’m not an expert on this particular subject but I do know the best selling genre is fiction.
People love stories. If you can put together a good fiction novel, then you have a possible best seller.
The reason I’m no expert is because I’ve not put any focus in this area of creating passive income.
I will in the future but when I do, I’ll educate myself with the right material then TAKE ACTION.
Once you do this, you’ve created something out of thin air that is in high demand and can now sell it for a profit.
If you sell 1000 units at $1 in 5 hours, you’re making $200 per hour; but you’re not working…
…You’re at the beach getting buried in the sand.
…You’re at you’r kid’s dance recital.
…You’re on a hot date!
No matter what you’re doing, you have money tree!
You have passive income rolling in while you’re doing what you’re suppose to be doing…
The Secret to all these passive income ideas
The secret to earning passive income with one or more of these ideas is to choose one that best fits your personality.
If you don’t, you take a chance getting into something for only the money and losing your drive to pursue your dream through the bad times.
So for that reason, I’m going to give you my expert opinion on what you should pursue.
What passive income opportunity is for you?
If you have tons of time and money and want HUGE returns but you’re not really into meeting new people and helping them, then real estate is the way to go.
If you’re outspoken, you need to start a blog so you can truly express yourself.
If you’re outspoken, a leader and love networking with and helping like minded people, you need to get into network marketing.
If you’re outspoken…
…love networking with and helping like minded people
…want to blog but don’t want to deal with the hassle of setting up a blog
…want to rub elbows with 5, 6 and 7 figure earners
…and want to make more money than you’ve ever made before using your laptop and a smile…
Than YOU need to JOIN EMPOWER NETWORK
Get in today with the best passive income opportunity I’ve ever seen or heard of.
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