Ganibade
Verified member
Most of us 9 to 5 workers feel we don't have the time to devote to creating what we perceive to be a random income when we learn about the wonders of passive income.
We consider it to be random; on some days, we receive absolutely no income from it, while on other days, we 'earn' more than we anticipated. What we might also observe is that the money is only a small sum and is in no way comparable to our pay, so it is not worth bothering with and most definitely not worth quitting your job for.
There are a few things that you might not have realized about this. Your online income is available to you 24 hours a day, seven days a week.
The idea of scalability is another.
Any passive income stream is lovely because it can be added to and repeated indefinitely because it is easily scalable. After you've established one on a specific topic, you can go do something completely different and establish another one.
Since you are already familiar with many of the tools and resources, like Google AdSense or YouTube, setting up the second idea is much simpler than setting up the first. As a result, you are confident in using the same procedures to establish your second and subsequent passive income streams.
You simply need to come up with some high-quality content that you can share with the world via a website, blog, YouTube video, or article on one of the many article directories.
As an illustration, your first source of passive income, a website dedicated to dog training, only brings in a few dollars per month. You can now create a new website devoted to your passion for writing musical ballads.
As you create more websites, videos, and articles, you'll find that the ones that you didn't think would perform well do, and vice versa, what you think is your best website doesn't. You'll become frustrated by the public's gullibility.
So keep in mind that by providing people with what they want in the form of quality content and information, scalability is the key to growing your passive income in a gradual but sure manner. You decide what that content is!
We consider it to be random; on some days, we receive absolutely no income from it, while on other days, we 'earn' more than we anticipated. What we might also observe is that the money is only a small sum and is in no way comparable to our pay, so it is not worth bothering with and most definitely not worth quitting your job for.
There are a few things that you might not have realized about this. Your online income is available to you 24 hours a day, seven days a week.
The idea of scalability is another.
Any passive income stream is lovely because it can be added to and repeated indefinitely because it is easily scalable. After you've established one on a specific topic, you can go do something completely different and establish another one.
Since you are already familiar with many of the tools and resources, like Google AdSense or YouTube, setting up the second idea is much simpler than setting up the first. As a result, you are confident in using the same procedures to establish your second and subsequent passive income streams.
You simply need to come up with some high-quality content that you can share with the world via a website, blog, YouTube video, or article on one of the many article directories.
As an illustration, your first source of passive income, a website dedicated to dog training, only brings in a few dollars per month. You can now create a new website devoted to your passion for writing musical ballads.
As you create more websites, videos, and articles, you'll find that the ones that you didn't think would perform well do, and vice versa, what you think is your best website doesn't. You'll become frustrated by the public's gullibility.
So keep in mind that by providing people with what they want in the form of quality content and information, scalability is the key to growing your passive income in a gradual but sure manner. You decide what that content is!
