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Why I’m Changing My Business – 3 Passive Income Streams
Here’s the thing, I’m completely changing my business and I want you to know about it…
Recently, I’ve been looking to do 2 things in my business… # 1 deliver more quality content because there’s too many marketers (almost all of them) that are skipping quality content altogether and going the route of promoting free or paid products only.
While that’s where the money is actually made, it’s also important to build up the knowledge of your existing customers. If you learn something new than, that tells me I’m doing my job and it shows you that I care about you and want you to succeed – and that ain’t a bunch of crap!
Like Frank Kern says “give cool stuff to your list (followers) …and they’ll actually want more from you” or something like that (I’d be doing a disservice to you if it where any other way). I agree with that 100% yet I know many of you don’t have the time for info overload. That’s why I’m trying to deliver a healthy balance of good info you can actually use and make money with – sounds like exactly what you need right?
OK Cool
Now on to #2 you’ll love this…
“Passive Income”
That’s what I’m going to be focusing more of my business on & it’s really why I got into internet marketing in the first place. We all want more time to have fun right? …yet most internet marketers work 12+ hours a day, how are you going to enjoy life doing that? …you won’t have time!
…then we need to get working on setting up some passive income streams!
I’ve been slacking on my ‘work’ lately and this is why passive income works for me, as I’m sure it would work for you. What can I say? I like to enjoy life and my freedom from the 9 to 5 ‘day job’ and I want to help you get the same. Plus having fun on the boat during the week is awesome …I had the whole lake to myself a few times!
That’s why I’ll be revealing some great stuff right here and now to get you going…
There’s 2 good ways to work less and still make good money… focus (on what will have the biggest impact) and automation as much as possible through setting up systems for the best time management and using automation software.
There’s a lot of automation software out there and it really depends on your business model, I’ll go over a few of my passive income business models with you here, giving you plenty of great ideas to run with – so you could set up a passive or nearly passive income stream starting today.
Then you have more time to spend on other things – like for me I workout almost every day… I lift weights 2 to 4 days a week (in the summer more like 2) and I also go running a few days per week. It’s great when you make the time to exercise like this because it clears your mind, relieves stress and allows you to build up your energy level and your health …among other things (great for your business and life).
One of my nearly passive income streams is list building, I want to be able to reach a lot of internet marketers that need my help. I do this by doing ad swaps (exchanging subscribers) with part of my list. The cool thing I do that nobody else does is I give you the option to be on my ad swap list or my list that doesn’t get ad swap emails as I know some people like it and some don’t. – It’s an almost completely passive stream of traffic once you got a list going and use automation ad swapping software.
Ok so you still have to write emails, find good products and deliver value… but if you enjoy internet marketing it’s actually a great use of time and doesn’t take that long to maintain once you get going… or you can promote the same stuff I do, trust me I do my homework before I ever recommend you buy a product.
You could also do ‘offline marketing‘ doing simple task for small businesses in your area or another city. I’d consider this passive because you can actually hire someone else to do each of the task required to run this type of business. Although, you may want to actually talk with the business owner personally and make the deals personally (you don’t have to).
Think about it… you can hire someone to make a list of businesses to contact, they simply do Google searches for your local area, or by looking at yellow pages for your area (hint: also has an online version).
Next you would want to find interested clients, you can have others do this as well – like: cold calling, sending emails, sending postcards or letters can all be done by someone else!
Setting up the deal with the small business owner can also be done by someone else (but again you’ll want to consider doing this yourself) Just make sure you find someone that understands marketing and knows how to pitch your service and what price to ask for.
Finally, doing the actual job… this can easily be outsource and for a relatively low cost …and you can charge them $100+ per month on top of the initial charge!
There you have another business that can bring in a lot of money and can be completely passive!
I was thinking I already gave you a lot, but I decided to tell you about another really good passive income stream …that can be completely hands off, just because I like you and I appreciate you reading this – I do!
Blogging
Yup, blogging is one of the best hands off income streams you can create… and with all the new software that comes out on an almost daily basis, it will only get easier to set up passive income using automated blogs.
Personally, I’ve tried blogs that were completely automated and partially automated and would recommend going the partially automated route – think about people and the search engines… they like quality unique content (even if duplicate content penalty is a myth).
The key is to go after low competition keywords if you’re going after search engine rankings – micro niche finder is a great tool for this (saves a ton of time), but you can also go after direct traffic from other sites both free traffic from article directories, forums and other high traffic sites (blogs) and paid traffic like banner ads on popular sites within your niche.
Personally, I like getting article and social media/networking traffic and building up my search engine rankings that way, I target low competition buyer keywords so that it’s easier to rank high in the search engines. If the site really pulls in the money then I’d buy banner advertising on other sites.
There you have it, 3 great almost passive income streams you can start building today… yes, there’s work involved, but it will pay off in the long run, you just got to see the opportunity and go for it!
Thanks for reading, if you enjoyed this please share it with your friends online
Jeff Bode
Download the PDF version of this here
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What’s It Going To Take To Make A Million Dollars?
Is it possible? Can I even do it?
I was laying in bed one day and this thought came into my mind…
What’s it going to take to make a million dollars?
It was interesting because it immediately put my whole business into a different perspective, so I had to share this with you…
First of all I want to make sure you notice exactly what I said…
‘What’s it going to take’
This brings up the thought, is it even possible? Just imagine in your mind… is the thought of making a million dollars a real possibility for you? …I’m guessing it’s a very distant picture
when you think about what it would actually take for you to make a million dollars, maybe you can’t even think of how you would do it (in that case you need to do some work)
Here’s what I first thought it would take for the real possibility of making 1 million dollars
1 I would need multiple steams of income
This would mean that I would need several cash funnels many of them set on autopilot (so you don’t have to spend time keeping them up) spread out over at least a few niches – even if they were in the same large niche. It’s easier to have several smaller successes then 1 large success like creating the next Facebook or something ridiculously unlikely.
2 I would need high priced products
This would mean I would have to focus on niches where high priced products are already selling. To do this I would need to build email list so that I could build up trust by providing value and over delivering on my lower priced products.
3 Lots of traffic that converts into sales
It’s true that with enough quality traffic anyone could make a million dollars. The key is to get visitors that are likely to buy what you have to offer.
This portion of the process will take the most amount of time and would require you to outsource part of the work. Getting traffic is not hard, but getting a lot of traffic takes time and a lot of effort.
Here’s the thing… I’m already working on all of these things and I can actually see my business growing as I learn how to do them better and as I take more action. I can actually see the picture of making 1 million dollars in my mind larger than ever before.
Can you do the same? What’s your plan for making 1 million dollars? Is it even possible for you?
Participate in the conversation by leaving your comment below.
Real Internet Marketers Are NOT Average People
I got an email a few days ago about one of my products…
The email asked me “what the average person makes with this product?”
I was afraid to respond, but felt I should share this with everyone!
Why?
Because the ‘average’ person makes NOTHING
The truth is the average person (in the U.S.) also only makes about $30,000 a year – at a job they hate
Why?
Because they don’t try or are afraid to ‘better themselves’ you know to invest in yourself and your future
Why?
Because it requires extra work, extra effort & it requires you to do things you are afraid to do
You’re reading this today because you are NOT average
You’re putting in the extra effort to build a better future for yourself…
How good your future is depends on how hard you work in the present (today) and how much you actually believe in yourself, step outside your comfort zone and actually do what the ‘average’ person would not do
Internet marketers are not ‘average’ and the good ones are not even close to average…
Even the FTC wants to know the average results… guess what? The average results are no results!
A lot of people don’t even download the product they purchase… some even have the nerve to ask for a refund 10 minutes after they bought it, with some lame excuse why they want a refund – I’ve had it happen to me
Even a smaller percentage actually take action on any part of the product
Why?
Because it takes above average actions… a little bit more effort, a little bit of stepping outside your comfort zone ‘into the unknown’
I know of one particular marketer that starts going through a product and immediately takes action as soon as he find something that he wants to try… before going into the rest of the product
Guess What?
He’s way above average… and he’s now making over $40,000 a month after less than 2 years of experience online(marketing)
Does that sound like something you would want to do?
Then there should be no more I’ll do it later… I’m guilt too, but at least I’m making an effort to take avoid putting things off, I’m making an effort to step outside my comfort zone… I’m creating videos and I’m not a good speaker, I sound like I’m reading when I’m not, the lighting is off…
but guess what? Who cares as long as you do it – it will pay off!
Do me a favor and stop being ‘average’ it will kill your hopes and dreams
Please comment below telling me why you are not average and how you have already or plan to be better than average with your online business
Participate in the conversation by leaving your comment below.
Is It This Easy To Make Money Online?
I see a common problem online… people spend too much time on the ‘details’ but don’t spend enough time thinking about what they should really be asking themselves
In the video I tell you some of those questions you should be able to answer and if you have a good answer for each one everything should be a lot easier for you (be sure to take notes) – enjoy!
Participate in the conversation by leaving your comment below.
Social Media Marketing – A New Marketers Best Shot?
Hey Jeff Bode here and I have to admit, I really want to help new internet marketers make their first sales online…
The thing is it’s such an awesome feeling when you make your first sale online, I still get excited when I make some nice commissions – it’s like I just did this… and someone was willing to pay me for that?
This article is for you! because I think anyone has an honest shot at making money by simply adapting the ‘let me help you approach’
You see there are tons of ways to make money online, but many of them are not new marketer friendly!
That’s where social media is different…
Have you heard of Perry Belcher? …he made over a million dollars using social media and he did it all in less than 2 years, just by building upon his social media success (unfortunately, he has retired from social media marketing a short time ago to spend time with his family)
So here’s the deal, the ‘let me help you approach’ is basically just that…
you deliver quality content and information
then ask people to be your friends or many times you don’t even have to ask!
next you drop links to your blog or optin (squeeze) page where they can get more information about you… better yet, more information about the subject you are sharing on the social media site(s)
if your product or a product you recommend helps them cha-ching!
Be the cool kid at the party, add value and be interesting – people love it if you can pull it off!
So here are the best places to start…
Twitter – This should be your main source of making friends and being helpful because you can easily find a massive amount of interested people…
I like to automate the process of getting followers see this video Twitters Elite
Next, post helpful information on your blog and on youtube…
This gives them a better chance to get to know you and choose to do business with you!
Here’s a few example tweets you could send…
Video – check out this video about [your niche topic]
Blog Post: [your blog post title]
Or you can use the ‘cool thing you just found approach’…
I just found this cool video [link to your video]
Check out this cool blog post
That should give you plenty of ideas to get going also make sure you recommend other quality stuff in your niche that’s related!
Now, I could have stopped there, but…
I wanted to tell you about a new social media tool you need to start using ASAP!
It’s called Google Friend Connect -see that box on the right side of my blog?
That’s for Google Friend Connect, you should add it to your blog today (even if it’s a free blog)
Here’s why…
Google is slowly releasing invites to Google Wave which will combine a bunch of social media sites and will be the ‘hottest thing’ for many reasons… it even lets you post twitter tweets in a wave and post videos, text, pics…
It’s great! I’ve been playing around with it for a few weeks now!
Every Google Friend Connect friend you can get will be a contact on Google Wave, this means you will already have Google Wave friends when you join Google Wave + you have Gmail (Google Mail) contacts as Google Wave friends…
Google Wave lets you be more helpful so you have a HUGE chance at getting new customers!
That’s not all, Google is going to release the Google Chrome OS soon this will allow Google to have a powerful commanding lead in social media many people will start using the Google Chrome Operating System (it’s all online).
Your chance to get a head start on everyone else is with Google Friend Connect
Be sure to click the ‘join this site’ button (left side of my blog) so that we can be Google Friend Connect friends – Like you I want Google Friend Connect friends so I can share Google Waves with you (when you get your invite)
Thanks for reading!
Jeff Bode
What are your thoughts on the subject?