Pat’s story is interesting, since he wasn’t an experienced entrepreneur when he got into internet marketing. He was working in an architecture firm. He loved the work he did and didn’t have any intention of leaving, but unfortunately (well, fortunately), he was laid off when the economy went down. He still had to finish some project for the firm, though, so he wasn’t laid off immediately. Pat used that time to learn about online business. Using that new found knowledge, he created an e-book that sold well, and eventually started Smart Passive Income to teach other how they can make money online. Pat says that being laid off was the best thing that ever happened to him.
Thank for this extensive work. When you make extra money you need to think simple. First thing you should consider is whatever you do must be safe enough that you don’t lose your initial investment as well. Also, look at the ways you can reduce your costs. This could be car insurance savings or paying back expensive loans or card balances. Saving is making money as well.
Learn the steps of Internet analysis, if you want to learn Internet marketing for free. For anyone who knows the basics of social media, search engine optimization (SEO), Google news and website building blocks, then you can likely learn Internet marketing on your own. A big part of marketing is understanding your competitors, data and market analysis.
Lending Club is a platform where you can lend your money to other people. You’re the bank. Each note is only $25, so you can invest $1,000 and lend money to 40 people. There are many grades of loan (from safest to riskiest) and investors earn, on average, between 5% and 7% annualized returns. For more information, check out Investing and Making Money with Lending Club Peer-to-Peer Lending and my real money Lending Club Portfolio.
Even if each patron only contributes a very small amount each month, it can still be a huge source of income. Take a look at the Patreon page for Kinda Funny, an internet video company. They have over 6,209 patrons which means an average of just $3 a month would be a monthly income of almost $19,000 – plus they get cheerleaders that are always happy to spread the word on their brand.
Another way to learn digital marketing is to learn it on the job. In some situations, it can be somewhat easy to get a job in the digital marketing field and then learn how things work. For example, you may take on an internship or an entry-level position that requires little to no experience. Although learning digital marketing on the job can certainly be helpful, especially if you’re a hands-on learner, most of the people miss out on the latest changes and strategies if this is the only way they are learning about digital marketing. Also, there are a lot of terminologies in this field; if you don’t learn what these terms mean from authorized sources or through your professional training, then you may end up making some unavoidable mistakes that could potentially set you back, or even worse: cost you your job.
You could start a niche website about a specific breed of cat. Another option could be a YouTube channel reviewing dog chew toys. Or you could start an authority site about caring for exotic birds. You could also go offline with your niche business by starting a pet sitting service. Pet owners in some cities are willing to pay up to $100 per day for reliable pet sitters. 
Venture capitalist Marc Suster has a blog post called “Is It Time For You to Earn or to Learn?” and I think that’s the exact scenario here, especially when you’re first starting out. I use none of those skills nowadays that I learned in college. It’s totally useless. As a matter of fact, the first job I got coming out of college was a dead-end job doing data entry, and my friend introduced me to Internet marketing, and that’s when I started learning everything.
Understand that search engines are the key to most online marketing. Businesses are looking for ways to make sure their site and product are listed on the first page of a Google, Yahoo or Bing search. The main ways of doing this are SEO, meta tags, press releases, social media content, videos and paying for an ad to be placed at the top or side of the search page.
As each state is different, I can only tell you about federal requirements in general. A limited liability company (LLC) is composed of members. When an LLC is composed of only one member, by default, it is disregarded for federal income tax purposes. This means the member will report all the activities of the LLC in Schedule C, just as a sole proprietor would, and attach Schedule C to the member’s personal income tax return, or Form 1040.
For those new to this powerful online merchandising concept, affiliate programs work as intermediaries between the affiliate marketers who will sell products and services and the merchant who provides those products and services as well as the affiliates programs.  Merchants work with affiliates to help get their products or services to their consumers.
If you haven’t already, expanding your potential profit by diversifying your affiliate networks is a great way to build in additional revenue streams for your business. Before diving into any one in particular, make sure to do some research on the program or network to confirm its legitimacy, potential for profit, and alignment with the types of products and services highlighted on your website.
I wouldn't think of a high yield savings account as a source of passive income but your savings should be getting something (less like Seinfeld syndication residuals and more like a commercial jingle residuals!). It won't make you rich but it's nice if your baseline, risk-free rate of return on cash is 1% or more. The best high yield savings accounts (or money market accounts) offer higher interest rate and there is absolutely no risk. CIT Bank currently leads the pack with the highest interest rate.
Your social media strategy is more than just a Facebook profile or Twitter feed. When executed correctly, social media is a powerful customer engagement engine and web traffic driver. It’s easy to get sucked into the hype and create profiles on every single social site. This is the wrong approach. What you should do instead is to focus on a few key channels where your brand is most likely to reach key customers and prospects. This chapter will teach you how to make that judgment call.
Hair Ham Radio Harley-Davidson Harry Potter Her World High Speed Rail History Holidays Home Buying Home Improvement Homeschooling Honolulu Deals Horror Novels HowStuffWorks Humor Hunger Hunting Identity Immigration Inspiration Interior Design International SPA Association Jam Jetalon Jewelry Legal Holds Lego Libraries Life Lifehacks Lifestyle Lingerie Linguistics Literacy Literature Lost Luxury Magic and Illusion Martial Arts Math Men’s Clothing Men’s Grooming Mercedes-Benz Mind Mapping Minimalist Living Motorcycles Movies Muppets Music Videos Mystery Novels Nature Nature.com Needlecraft New Scientist Nikon Noodles Northwestern Notre Dame Oceanography Oddities Olympus Origami Outdoor Living Parentingv PBS Peak Oil Penn State Pens Pepsi Perfume Personal History – Genealogy Pets
In addition, you must know how much you want to earn by joining affiliate programs. Will it be your main source of income or just an additional one? For the first scenario, you should consider promoting products that are expensive and, consequently, that can bring you a good profit. If you plan on the second scenario, you can opt for affiliate programs that pay for sign ups or affiliate programs that pay daily.
Looking for ways to build financial wealth long-term without adding more work to your daily life? Residual income allows you to increase your fortune passively — meaning you’re earning cash while you eat, sleep, and brush your teeth. With the substantial increase of online platforms and opportunities, residual income is easier to achieve than ever before.
Paid advertising – although we would all prefer free organic traffic, paid traffic is a quick way to scale. Plus, it can be profitable too. We’ll show you how to set up paid advertising campaigns on AdWords and YouTube as well as how to use a few other channels for paid advertising such as remarketing. In total, we have 11 videos on paid marketing.

Clickbank is one of the most popular affiliate marketing program that deals with digital products such as eBooks. This website has been around for many years and is among the first affiliate websites on the internet. Another great thing about this site is that it lets all people from different occupations to sign up for a free account. Once you sign up for the account, you will have an access to millions of eBooks that other members are selling.  The quality of many of the items within the Clickbank affiliate program is debatable.  But, the commissions are far and above many of the others on this list and much of the reason it is rated highly within this article is history and ease of use.
12. Avangate Avangate is a player in digital commerce that you may not be familiar with. Avangate, backed by a cloud platform, focuses on online commerce, subscription billing, and global payments for Software, SaaS and Online Services companies. More than 4000 digital businesses in over 180 countries trust Avangate including Absolute Software, Bitdefender, Brocade, FICO, HP Software, Kaspersky Lab, Telestream, Spyrix and CleverControl.

What services are you looking for? (check all that apply) Content Marketing Paid Advertising (Google, Facebook, Twitter, etc.) Podcast Advertising Video Production Video Production and Advertising Marketing Strategy and Funnels Conversion Rate Optimization Outsourced Chief Marketing Officer Outsourced Chief Technology Officer Influencer Marketing Programmatic Advertising Marketing Audit Marketing Consulting SEO Audit Marketing Roadmap / Plan Marketing Workshop (Fly Us to You) Other
Residual income is often also referred to as, “passive” or “recurring” income. Indeed, money makes the world go ’round. What better way to earn money than through letting money work for you even while you sleep? Surely, no greater method is available or even imaginable. The key here is to work smarter, not harder. Industriousness is required and you should be prepared to be very persistent. A common method of steadily earning residual income is through royalties earned from a book, song composition, software, or mobile application. Types of recurring income are not limited to royalties. Here are ten methods to begin earning.
Under no circumstances should any information from this blog be used as replacement for professional financial advice. DollarSprout.com is owned by VTX Capital, LLC and neither are licensed by or affiliated with any third-party marks on this website and third parties do not endorse, authorize, or sponsor our content except where clearly disclosed. DollarSprout.com is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to Amazon.com.
Learn the steps of Internet analysis, if you want to learn Internet marketing for free. For anyone who knows the basics of social media, search engine optimization (SEO), Google news and website building blocks, then you can likely learn Internet marketing on your own. A big part of marketing is understanding your competitors, data and market analysis.

Okay, so technically this isn’t a free course, but if you are new to LinkedIn’s online marketing training, you can sign up for a free month and take this handy course in social media marketing. Analyze what’s working via SWOT analysis, discover how to create a strong social presence that highlights your strengths, and gain inspiration by exploring the most cutting edge opportunities for social media to achieve even greater reach.


If you are a photographer looking to diversify your income stream, putting together styled stock photo packages can be lucrative. For example, a package of 15 wedding-themed stock photos for $10. You can then market this to any bloggers or businesses who are in the wedding business for their use (photos of different engagement rings styles are super popular). Through this method, it’s possible to make a continuous stream of income off of photos you’ve taken once (similar to a licensing deal).
4. Understand profitable problems deeply. It’s not enough to simply know that, for example, males between 18 and 25 are looking for hangover cures. You need to find out what exactly they want in a hangover cure, and the problems they have with current hangover cures. There’s more to it then simply finding your niche, however. You also need to understand the language they use in describing their ideal solution, so you can echo that language back to them in your ad copy, sales page copy, etc.
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Of course, there are large fast-food, pet store, and other enterprises that cost a great deal. However, consider a DVD rental machine, soda, or gum ball machines as more passive avenues to income. These require little maintenance, coins, bills, or revenue collected via credit cards, as well as periodic refilling of machines.  These machines are, perhaps, one of the more lucrative paths to a passive income with little input from you.
16. ReviMedia ReviMedia is an online lead generation network specializing in owned and operated campaigns for insurance, home services, and financial verticals, as well as exclusive advertisers campaigns both focused in the US and international markets. They also own their own proprietary lead management platform called Px.com which offers quality scoring of every lead and insights into performance by key demographic info. ReviMedia is extremely flexible to run campaigns with many different integrations. They pride themselves on their transparency with clientele as well as having flexible payment terms. ReviMedia also offers advertising partners access to their vast direct publisher network of over 2,000 publishers. They consider themselves a one-stop-shop.
Type of site: Just make this a niche site for the first several years.  Don’t waste a ton of time making a podcast and an in-depth youtube channel.  Make a few videos to show some setups but mostly just write blog posts.  If you create a podcast episode today, nobody will listen to it again after a few months.  Write blog posts that will last.  There is no competition here, so don’t get bogged down with social media and crap.  Just write!
Udemy is another online learning platform that focuses specifically on courses related to skill building for working professionals. One thing to note about Udemy: The classes we've highlighted are free, but it offers a myriad of other paid options for as little as $10, in some cases. If you have a good experience with a free course, it could be worth a small investment to deepen your skills, too.
Matcha: The market for Matcha tea has rapidly grown for brick-and-mortar stores in the last couple of years. With its incredible health benefits and matcha-exclusive tea bars popping up, it continues to be a long-lasting trend. When searching for a supplier, be wary of any cheap imitations. Matcha tea originates in Japan. China is now producing powdered green tea that is ‘Matcha-style,’ but, depending on the manufacturer, it can taste bitter. Be sure to do your research and ensure your supplier is offering quality products.

Deposit Photos is another photo stock service. Its affiliate program allows earnings from 30% to 90% of a purchase made by a new customer who came from your website. In addition, you will receive from 15% to 20% for the purchases that the customer you generated made within a one-year period. You will have access to banners, text links and widgets that you can use for promotions.
Bonus: Liquid Web is not just another hosting provider. This company offers a wide range of hosting-related services. For instance, its users can take advantage of full management of their WordPress websites. You can get up to $1,500 per lead generated by a banner ad or a link on your website. Take into account that you must join either the CJ Affiliate or Impact Radius affiliate networks to start working with Liquid Web.
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