🌠 Passive Income Pitfalls… revealed?

Ever wake up one morning and think to yourself:

“Jeepers self, if only I could create a long-enduring path of passive income for me… starting yesterday!”

If so, unless you have access to a time machine, you must be content with starting it today . Lots of people love the idea of passive income – ie, they think its “do nothing and wait for money to roll in!”

And that’s why the following article is of interest (and be sure to return here once completed so you can benefit from the other goodies that I uncovered for you)

www.business2community.com/strategy/exposing-4-myths-about-passive-income-02350168

There, you’ll discover some rather painful truths about passive income, including:

“…Creating passive income is quick and easy.

Anyone who has worked to create a product, write a book, create a niche website, or even promote affiliate links will tell you this myth is false. You’ll always have to do a lot of work at the beginning and the amount of work and how long it takes you will vary considerably depending on your income stream. Anyone promising you overnight riches is out of touch or trying to sell you a scam. Just say no…”

and

“If you create it, it will sell.

This is a take on the famous line from Field of Dreams, “If you build it, they will come.” It worked well in the movie but in real life, you can’t just put up a sales page or publish a book on Amazon and wait for the sales to roll in. This is something I have to remind people of every day.

Organic search traffic is always nice but you’ll reap far greater profits if you actively market your products on social media, to your email lists, at live events, and with creative advertising campaigns. In the internet world with millions of products and websites, you have to work hard to make your products known. If you don’t toot your own horn, nobody will know what you have to offer….”

Good stuff!

The topic of passive income could also make for a superb challenge, tutorial, blog post and more. You could structure it like so:

Step 1.) Make sure you build a list

Need more resources for that? Check out:

www.theagentsofchange.com/list-building-tips/

www.quicksprout.com/list-building/

backlinko.com/list-building

Step 2.) Make sure you know how to find the best recurring affiliate programs

Need more resources for that? Check out:

navidm.com/best-affiliate-programs/

www.adamenfroy.com/best-high-paying-affiliate-programs

davidsandyofficial.com/best-affiliate-programs/