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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 stage makes the most sense for your target market. Flynn says this is where youll begin 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 talk directly with these people couple coming their way to find out what their issues are and provide them the unique treatment that bigger brands might not be able to do. .
Some sites Flynn recommends for learning are Fizzle.co, InternetBusinessMastery, SocialTriggers.com, and MichaelHyatt.com.
You cant start charging right off the bat with no audience knowing anything about the value that you offer (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 for free, and therefore establishing expertise, knowledge and confidence with your audience, says Flynn. .
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Once your audience has grown and you have validation that youre offering them value, there are many ways to create passive income. You can sell digital products such as ebooks or courses, take up affiliate marketing in that you promote other companys products and earn a commission when you sell that thing to your audience, build a community and cost people to be part of it, produce software and promote that, among other avenues.
Flynn has created many different products. While his LEED exam is exactly what got him started, he has earned a commission from selling other peoples products and provided a commission to others who'd sell his wares, and recently created his very first software, SmartPodcastPlayer.com, later realizing that most online podcast gamers offered 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 up an audience and trust together When you build that amount of confidence with your audience, whatever you come out with, they will adore. .
If youre concerned about launching a new product, and think you may need some comments to make it really great, Flynn recommends pre-selling an idea for instance, offering a limited number of places or seats into, say, a class you produce and giving the test group specialized attention so that you can see how to improve the content.
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Once you start to find some success, dont be led astray from More about the author the money. While Flynn does utilize affiliate marketing to generate money, he only ever recommends products he has personally used and likes. He's inundated by means of earn $50 per sale through commission on merchandise he has never even tried.
I only use products Ive used before, because that trust you've got with your audience is the most important thing in the entire world. He says in the event that you do recommend a product for the incredible commission but your audience gets a bad experience with it, your credibility will be taken. .
The moment that you start to do things for money, the moment you start to lie in your revenue marketing backup, the moment that you start to put dishonesty in your job is that the moment you should reconsider why youre doing that function in the first place, says Flynn.
In order not to succumb to that, Flynn says its important to know your motivation. Passive income is important to me not only for the financial security but I can spend some time with my loved ones, he says. Ive been in a position to work from home and witness all my children firsts.
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The Keys of Powerful Passive Income Opportunities4.8 (96.92%) 13 votesHow Earn Revenue Like a Pro using Proven Passive Income OpportunitiesCreating a passive income flow requires a little more work and study up front and there are simply certain specific areas which have proven successful time and time again.But, the foundation that you produce for this type of business will continue to bring in a stream of revenue turning website visitors into long-time customers from this single sale.A passive income stream in your portfolio can allow you to increase your earnings and speed up your financial goals in exponential ways.