How to start earning passive income online?
A NetPassiveIncome reader asks,
hello! good day! i always receive messages about your journey in making passive income through the internet. i am also interested but i am not sure where to begin and how to begin. can you tell me how or where to begin? i really would appreciate your help. God bless you and more power.
-Rosenel
With Rosenel's permission, I've posted the question above because I feel like it's such an important and frequently asked question that deserves a blog post of its own.
If you are just starting out on the online passive income journey, I highly recommend you LEARN and PRACTICE developing and marketing information products.
In order to succeed in this avenue, you need to have the heart of a teacher. If you suck at teaching, keeping LEARNING and PRACTICING - funny to tell teachers to learn and practice, isn't it? :)
So, what are information products, and how do you develop and market them?
Information products take many forms. Most notable is an ebook, or electronic book. Ebooks are easy to develop. All you need is a basic word processor like Microsoft Word. You can then sell that document online, and your profit margin is pretty much 100%.
I get the "Are you serious?" a lot when I tell people that there are actually people crazy enough to pay for an ebook when there are so much free information on the internet.
"Yes." is what I tell people and I further explain that free information are put out by information product marketers to pre-educate the visitors and prime them up to get them ready to buy their ebooks, or click on ads of relevant products or services.
Then people I talk to go "Ah-Ha". This is the essence of education marketing - you teach people with free information you publish on your site, you gain their trusts, and you recommend your premium information for a fee. Kind of like how a community college brochure will have a list classes with a description of what you will learn, and how much it costs.
A while ago I wrote a series on "How to start your own information product business" that teaches you basic steps on how to start a passive income stream with information products.
If you need more help and hand-holding - I highly recommend Niche Profit Classroom by Adam Short (you can try out his training for $1).
I'll leave this blog post with these final words - the faster you fail, sooner you get to success. Remember, LEARN and PRACTICE.
Thanks, Rosenel, for this excellent question - please feel free to comment below or ask questions about starting your online passive income journey.




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