Assets to Help Build Your Passive Income
***Please note that many of the links below are affiliate links, which means that I will earn a commission if you purchase products or services via the links I have provided.
I thought this page would be a good place to talk about the things I’m doing in terms of activities – as well as tangible resources I’m utilizing – in order to develop my passive income. And so, without further ado:
WebAnswers is a question-and-answer site where you get paid to ask and answer questions. I praise WebAnswers without end not just because it’s where I got my first passive earnings, but primarily because of how quickly it happened. I signed up and initially wasn’t very serious about the site, but despite my own disinterest I was making money within a week, and I have made money with them almost every day since! (I think there have only been two days when I made nothing, and I believe they were both on the weekend, when there’s less online activity.) That’s why I think WebAnswers should be everyone’s point of entry into the world of passive income.
InfoBarrel is article submission site that has 75% revenue-sharing (and this can go higher under certain circumstances). I like the fact that you can earn revenue from multiple sources – AdSense, Amazon and Chitika – and you can write about any topic you want. Moreover, there’s no limit to the number of articles you can submit in a day (or ever). After WebAnswers, I think article-writing is the next step for just about everyone looking to earn passive income online.
Bluehost is a top-ranked web-hosting company. I use them for my web sites, and I recommend them highly. For $6.95 per month you get unlimited space and unlimited domains (which is great for someone like me, since I’ve got several ideas for niche sites I’d like to develop). Of course you may be thinking, “Why pay for hosting when there are scores of places that will let me build websites for free?” That is certainly true, but of course a free website might come with restrictions and other unfavorable terms and conditions. For instance, some free sites won’t allow you to display ads. Good luck monetizing that one… The long and short of it is that web hosting is actually pretty cheap, and for the freedom it gives you in terms of developing your niche (and monetizing it) it may be well worth the price. Plus, as the old saying goes, there’s no such thing as a free lunch.
Hubpages allows you to build “hubs” which are essentially web pages. You are able to monetize your hubs (60% revenue-sharing) in several ways, including AdSense and Amazon affiliate links. Since it’s free to sign up, the equities are all in your favor and you can build as many hubs as you like.
This is essentially just like Hubpages, except the pages you create are called lenses. There’s 50% revenue-sharing in various ways (including AdSense and Amazon affiliate links).
Like InfoBarrel, this is an article site with 70% revenue sharing.
This is a social bookmarking site with 100% revenue-sharing. (Tough to beat that!)
This is another great article site with 60% revenue-sharing.
This social bookmarking site has 80% revenue-sharing.
Instant Article Wizard
This is fantastic article-writing software that not only does online research, but will having you cranking out articles exponentially faster than you did before. There’s nothing better for overcoming writer’s block, and you will even be able to write articles on subjects you know nothing about.
The Best Spinner
Article-spinning software that will allow you to create tons of original and unique content from each article you write.
Unique Article Wizard
Another outstanding piece of software that will allow you to post to hundreds of blogs and article directories automatically. Critical for anyone serious about marketing their articles.
Phenomenal software that let’s you perform in-depth keyword research and analysis. Saves you time, money and effort by identifying the high-profit niches that you should focus on.
***For anyone considering (or currently doing) article writing, I strongly recommend that you take a look at Instant Article Wizard, The Best Spinner, Market Samurai and Unique Article Wizard. I believe they are absolutely essential if you want to achieve quick success. Using just The Best Spinner and Unique Article Wizard, I was able to propel my niche site to the first page of Google in less than a month!!! Since then I’ve remained on the first page (and have even touched #1 a few times). I firmly believe that these are items you must have in your virtual toolbox.
I have one niche site up at the moment, but it’s generating income on almost a daily basis, so I’m pleased.
It’s great being partnered with one of the world’s largest retailers.
I’ve got two books published at the moment, but I’m really not doing anything to promote them (and probably would not have even mentioned them were it not for the fact that a sales occurred).