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Now that youve chosen your niche, find a way to begin sharing with your message, whether a blog or podcast or Youtube channel, or whatever platform makes the most sense for your intended market. Flynn claims this is where youll begin to construct a fan base and collect subscriber emails.
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Utilize your base to build your audience, and when youre starting out, take advantage of the fact that you dont have a large following to give more personalized help to your initial fans. The people that are starting out thats their advantage, says Flynn. They have the opportunity to talk directly with those people couple coming their way to find out what their problems are and give them the unique treatment that larger brands may not be able to do. .
Some sites Flynn recommends for learning more are Fizzle.co, InternetBusinessMastery, SocialTriggers.com, and MichaelHyatt.com.
You cant begin charging right off the bat without your audience knowing anything about the value that you offer (though you might nevertheless indirectly earn money from them with the right advertisements ). The best way to go in terms of a long-term passive income business is delivering value and information at no cost, and therefore establishing experience, knowledge and trust with your audience, says Flynn. .
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Once your audience has grown and you've got validation that youre offering them value, there are many ways to create passive income. You could sell electronic products such as ebooks or classes, take affiliate marketing in that you promote other companys products and earn a commission when you sell that item for your audience, build a community and cost folks to be a part of it, create software and sell this, among other avenues.
Flynn has produced many different products. While his LEED test is what got him started, he has earned a commission from selling other peoples products and provided a commission to others who would sell his wares, and recently created his very first software, SmartPodcastPlayer.com, later realizing that many online podcast gamers offered only the fundamental stop/start/volume features.
We sold out 250 beta licenses in less than 24 hoursbecause I had been addressing a need but also, I had built an audience and hope with them When you construct that amount of confidence with your audience, whatever you come out with, they may adore. .
If youre concerned about launching a new click this 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 chairs into, say, a course you create and giving the test group specialized attention so you can see how to enhance the content.
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Once you begin to see some achievement, dont be led astray from the money. While Flynn does use affiliate marketing to generate money, he only ever recommends products he has personally used and enjoys. He's inundated by offers to earn $50 per sale through commission on products he's never even tried.
I only use products Ive used before, since that trust you've got with your audience is the most important thing in the entire world. He says if you do recommend a product for the 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 that you start to this content lie in your revenue marketing copy, the moment that you begin to place dishonesty in your job is the moment you need to reconsider why youre doing that work in the first place, says Flynn.
In order not to cling to this, Flynn says its important to know your motivation. Passive income is important to me not just for the financial security but I can spend time with my loved ones, he says. Ive been able to work from home and witness all of my children firsts.
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The Secrets of Successful Income Opportunities4.8 (96.92%) 13 votesHow Earn Revenue Like a Pro with Proven Passive Income OpportunitiesCreating a passive income flow requires a little more work and study front and there are simply certain specific areas which have proven successful time and time again.But, the foundation that you create for this type of business will continue to bring in a stream of revenue turning website visitors into long-time customers from that single sale.A passive income stream in your portfolio can allow you to increase your earnings and accelerate your financial targets in exponential ways.