UPDATE: I created SoundProofExpert.com and wrote just seven articles on it.  I got distracted and never finished the site.  I usually like 50 articles on a niche site.  Anyway, 1.5 years later, the site started earning $400/month in passive income from just SEVEN ARTICLES!  We gave the site away as a contest on the Income School Youtube channel.  Watch this video on our Youtube channel to see all of the details of this site–how much traffic we got, how long it took to get traffic, and all the earnings.  We reveal everything about that project in the video.  Oh, and be sure to subscribe to Income School!


Ebooks, which can be published through sites like Amazon Kindle Direct Publishing, are an increasingly popular option. Because these books are self-published, the process is quicker, allowing you to build residual income faster than the traditional publishing route. Whether it’s a romance novel or a how-to book on fly fishing, you can create a book and have it available for purchase in a matter of weeks.
Codecademy is great for taking you through the basics of HTML and it really guides you through and holds your hand when you are starting out and code just seems confusing. Often free learning is okay but not the same quality you would get if you paid for it, but Codecademy is genuinely really useful and rivals paid tools for functionality. It does much more than just HTML, so if you want to take it further you can learn CSS, JavaScript and even PHP, Python and Ruby if you want.
“Marketing in a Digital World” is one of the most popular free marketing courses on Coursera – with more then 100,000 students enrolled to this date. Taught by a professor at the University of Illinois, this class focuses on the transformation of marketing strategies an tactics into a digital-first world. Specifically, how technology is putting the power of marketing into the hands of the consumer.
From the basics to advanced principles, these popular blogs are fresh with actionable information to improve your marketing. Some popular digital marketing blogs to follow include Moz, Neil Patel, Kissmetrics, and Search Engine Journal. If you prefer videos, some of the top YouTube digital marketing tutorial channels include GaryVee, Backlinko, and Digital Nest.
I know this from experience. Three years ago I was a struggling affiliate marketer, bouncing from offer to offer (playing a game of what I call “affiliate pinball”). Today I make a full-time income from diverse passive income streams: sales of affiliate products, sales of my own products, and Adsense revenue (my Adsense revenue alone topped $2,000 last month). And it’s all because I focus on serving the needs of a niche audience.
Almost all of these ideas require starting a personal blog or website. But the great thing about that is that it's incredibly cheap to do. We recommend using Bluehost to get started. You get a free domain name and hosting starts at just $2.95 per month - a deal that you won't find many other places online! You can afford that to start building a passive income stream.
I know this from experience. Three years ago I was a struggling affiliate marketer, bouncing from offer to offer (playing a game of what I call “affiliate pinball”). Today I make a full-time income from diverse passive income streams: sales of affiliate products, sales of my own products, and Adsense revenue (my Adsense revenue alone topped $2,000 last month). And it’s all because I focus on serving the needs of a niche audience.
Sure, it starts out with a local niche site that doesn’t require you to talk to anybody. Then as you get more invested in it and see the potential you start to leave the cave and meet people in your local area. Then living there becomes a lot more fun and you find yourself talking to people and getting human interactions you weren’t getting before.
You could choose to start a full-blown ecommerce or FBA business drop-shipping prepper supplies. Or you could start an affiliate marketing niche site about prepping for complete newbies. The neat thing about this niche market is that it expands beyond just buying freeze dried meals and shotgun ammunition. It also includes topics such as gunsmithing, blacksmithing, knife making, food preservation, etc.
Hey Rolando! Great article! I've actually hired a few freelancers to do some online marketing for me. Although, of course, not everyone is an expert at everything, but with a little direction, you can get the most out of your marketing experts. Hope this helps too... Here's a great list of questions to ask marketing candidates. I chanced upon this and actually ask some questions similar to the ones found on this list: http://www.growthmarketingpro.com/hiring-a-marketer-here-are-the-17-most-important-questions-to-ask Cheers and more power!
Build a list in a particular niche and tell them stories. Create a bond. Build a relationship with them. It's important. Then, when you've created a bit of culture, start marketing affiliate products or services to them that you think they might like. Just be sure that you personally vet out whatever it is that you're selling to avoid complaints if the product or service falls short.
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Create and monetize an app. Mobile applications are a large and still-growing market that can provide you with a large amount of income if you know how to capitalize on it. The first and most challenging step, however, is creating an app that people actually want to use. Try to assess the need for an app by thinking of useful apps you would want or problems that can be solved by an app. Then, look for current apps that met these needs. If they aren't any, or if they aren't any quality ones, consider creating your own app.

How to Monetize the Site: The affiliate program for Lowes and Home Depot stinks.  It’s only around 2%, which simply isn’t enough.  I would sign up for Amazon Associates to recommend items like a kitchen island post and hardware.  But also I think a site like this could get a HUGE amount of traffic from Pinterest if you have nice pictures, so I would definitely consider putting ads on a site like this.  I usually find that a site can earn about $1,000 per month for every 100,000 visitors to the site.  Frankly, with a site like this you could get that much traffic pretty quickly.  I use Adthrive right now to run the ads on my sites.
If you have started looking for affiliate programs for the first time, you are ready to make a profit out of your website. Such programs are among the most simple and efficient ways to make a living online. To ensure that we are on the same page about affiliate programs, let’s clarify what they are. Affiliate programs allow you to earn a profit by posting links or placing other affiliate tools that lead to other online merchants (such as Jetradar.com) and encouraging users to act in a certain way. For instance, to buy something, such as a flight ticket, or to complete a task — subscribe, create an account and so on.
In addition to an extra income stream, residual income allows you to diversify your revenue sources. Instead of relying on your standard paycheck, you’re earning money through the royalties of an eBook or the sales of an online course. Diversity of income gives your overall financial portfolio more security and depth. Similar to passive income, residual income gives you more financial stability, flexibility with your lifestyle, additional retirement savings, and a more robust financial standing.
This kind of site would be seasonal to some extent because it would obviously be more visited during the summer; however, some places in the world have summer most of the year.  Also, a seasonally-active site could actually be a good thing for someone wanting to do more business during that time.  For example, a school teacher who is not working during the summer.
When writing this guide, we reached out to the marketer community to collect case studies and learnings about creative marketing strategies. Most of these examples are included throughout the guide, but some didn’t quite fit. So we included those loose ends here, from the perspective of four awesome marketers. What better way to wrap up this guide than with you, our community?
Another great thing about Amazon affiliate program is that you will have a choice of promoting products that interest you. You can promote the products by writing reviews or articles about the products. The earning potential in Amazon affiliate program is unlimited. Unlike other companies where you will earn by promoting a single product, Amazon offers you with a unique link that earns you a commission each time a customer purchases any product from the site.
Do you know of a successful business that needs capital for expansion? If so, you can become something of a small-time angel investor and provide that needed capital. But rather than offering a loan to a business owner, you instead take an equity position in the business. In this way, the business owner will handle the day-to-day operations, while you will act as a silent partner who also participates in the profits of the business.

If you're looking to get started in real estate, look at a crowd funding solution like RealtyMogul. It works similar to LendingClub - you commit as little as $5,000 towards a property. When the property is fully funded, you become an owner, and will receive your share of the earnings and appreciation in the property.  Check out RealtyMogul to learn more. 
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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