How To Generate Passive Online Earnings Up To $900/Day
One of the things you need to go ahead and do when you first get started making money online and establishing ongoing revenue streams for changes, you need to begin with the end goal in mind. And for most people who have succeeded they knew exactly what they wanted. They did not want to spend hours of their lives literally slaving away to make a living on a laptop because that would be a glorified job.
Everyone wants the freedom, the ability to travel and care for the people they love and care about all around the world, pay off the death and to literally live as if it was just like an epic movie. You cannot do it if you don't create some of these methods that I will be sharing with you in a bit. The ultimate goal is that while you travel around the world or hang out with friends, you'll still be generating substantial passive earnings.
And the coolest thing about this that you don't realize is that you can do it with minimal investment, the only thing you have to understand is how to do it. So beginning with the end goal in mind, how much money do you actually want to make? For me, I didn't care about making millions of dollars. If I could generate significant revenue through affiliate partnerships or attain varying levels of passive earnings a month, I can go on and live my life, that is the first step.
The second step is emulating and seeing what type of business model passive income-wise do you want to go ahead and emulate?. For me it was very simple, I wanted to model a successful blog business model. Why because they don't have any products, they don't have any services. It's just a simple blog but yet they pull in $389.6 million a year with no products.
And I wanted that because I have tried so many products in the past and there are a lot of things that you have to do like, you'll have to do the shopping, the handling, and the customer service. You have to hire a bunch of people and I just wanted the most cost-effective strategies business model on demand to go ahead and make passive income.
Another example is a website called makingsenseofcents.com, she achieved significant earnings in June just blogging and she doesn't have a big team either. It's just her, her husband, and their two dogs that stay together. And she gets most of her income from partner programs and you can see in the image below that she gets over 1.5 million monthly views directed to her blog.
That's essentially what I wanted and then I realized why this works and how you can make this with minimal investment. But for you to understand that, you need to understand how real estates work. Why am I talking about real estate when it's about passive income? Well, real estate is another way to go out and create passive income but did you know that the investment opportunities that exist in the physical world exist in the digital world as well?
Here is an example, let's talk about the physical aspect that most of you know. To make passive income for real estate is very simple, you go find a property that people want to live in, go to the bank and get a mortgage and once you get that mortgage, maybe the cost of that of which you'll pay every month is $1,500 a month. But then you have to find a tenant to go out and live in that house who will pay you $2,000 a month.
And just like that, you're profiting $500 a month from that entire experience, that's passive income and you just repeat that with multiple properties until you hit your desired income target. But did you know that the exact same mindset can actually work online?. What else is real estate? What people are searching for and ranking even on YouTube.
If you type into the search bar anything on your mind, you'll see a bunch of pop-ups and all these are literally pieces of real estate if you create content about what you searched for. It's like you developing a real estate on top of that land and getting eyeballs or traffic to your stuff. And it doesn't have to strictly be on YouTube. You can do this on Google, Pinterest, and more.
So let me tell you how I'm creating passive income right now. Understanding all these things I knew very well that I didn't want to build a product business but rather I needed to build a distribution and a digital property business. Because if I own the real estate, I can partner with any business that wants to go ahead and build on top of my real estate. So what I did is just create content, I just started creating a bunch of content that you can see when you go ahead and visit one of my websites called Minetorial.com
You can see that I just started creating content based on what people are searching for. Just figure out what people are searching for on the internet like Google, YouTube and create content about it. When you do this, you'll get a lot of views if it's on YouTube or Pinterest and a lot of visits of it's a website.
When you do that, you'll appear on the first page of your platform being it Google or YouTube whenever anyone searches for content related to what you're creating. A successful blog website only ranked for things like best credit cards, best rewards card, best student loan cards, best mortgages and so many more. There are all these things that people are ranking for that they're essentially making money for.
So I explored and decided to emulate the same thing from a successful blog. I was creating content to be put in front of these people because as you create content, it doesn't cost you any money. When I got started, it didn't cost me any money to create my first blog post or content.
To go and start a blog is just like a cup of coffee to get started, it's absolutely free to create a Pinterest account and you can get millions of views all going to your website or content creation platform and just like that, you'll be creating pieces of real estate and after that, the goal is to get eyeballs.
When you get eyeballs that's when you can go ahead and find the products. I know you're probably telling yourself that you don't have any products, just emulate what a successful blog does, just emulate what makingsenseofcents.com does. What she does is that most of her money comes from partner programs.
One article on how to start a blog makes her 30 grand a month just because she made this one blog article, a piece of real estate is now developed on Pinterest. People go to the website and when they click on any of her affiliate links, she gets commission from it.
Passive income, she didn't create the company but they are literally paying her for just recommending products. This is just what I'm talking about, they are ranking for keywords and they're promoting other people's products. And then taking that money and scaling it. That's what I'm doing with one of my websites and it's doing pretty well for me.
I generate significant revenue through partner programs. An example is Google advertising partnerships, it doesn't cost anything to sign up for an account but I'm receiving monthly earnings from it, ranging from $35,000 to $45,000 per month. In partner programs, you can find other people's products and partner with them. Tell them like hey "I have this page that ranks for Google, Facebook, and Pinterest, you want to sell your products?"
You split the commission, and they do all the hard work. It is one of the best passive income commissions that I've ever seen. That's all for this tutorial, and I hope this will be very useful to you. If you do not understand anything here, feel free to leave your questions in the comment section below. I'll see you in the next one.