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Now that youve chosen your niche, find a way to begin sharing with your message, whether its a blog or podcast or Youtube channel, or anything platform makes the most sense for your target market. Flynn claims this is where youll start to build a fan base and gather subscriber emails.
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Use your base to build your audience, and when youre starting out, take advantage of the fact that you dont have a big following to give more personalized help to your first fans. The people that are starting out thats their advantage, '' says Flynn. They have the opportunity to talk directly with those people couple coming their way to find out what their problems are and give them the special treatment that bigger brands may not be able to do. .
Some sites Flynn recommends for learning are Fizzle.co, InternetBusinessMastery, SocialTriggers.com, and MichaelHyatt.com.
You cant start charging directly off the bat with no audience knowing anything about the value that you provide (though you might nevertheless indirectly earn money from them using the right advertisements ). The perfect way to go in terms of a long-term passive income business is delivering value and information at no cost, and so establishing experience, knowledge and confidence with your audience, says Flynn. .
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Once your audience has grown and you have validation that youre offering them worth, there are many ways to make passive income. You can sell digital products like ebooks or courses, take affiliate marketing in that you market other companys products and earn a commission when you sell that item for your audience, build a community and cost people to be part of it, create software and sell that, among other avenues.
Flynn has created many different products. While his LEED exam is exactly what got him started, he has both earned a commission from selling other peoples products and provided a commission to others who'd sell his merchandise, and also recently established his first applications, SmartPodcastPlayer.com, later realizing that most online podcast players offered only the basic stop/start/volume features.
We sold out 250 beta licenses in less than 24 hours, because I was addressing a need but also, I had built an audience and trust together When you construct that amount of confidence with your audience, whatever you come out with, they will love. .
If youre worried about launching a new solution, and think you may need some feedback to make it really good, Flynn recommends pre-selling an idea for instance, offering a limited number of spots or seats into, say, a class you create and giving the test group technical attention so that you can see how to improve the content.
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Once you begin to see some achievement, dont be led astray from the money. While Flynn does use affiliate marketing to generate money, he only ever recommends products that he has personally used and likes. He's inundated by offers to earn $50 per sale through commission on merchandise he's never even tried.
I only use products Ive used previously, because that trust you've got with your audience is the most important thing in the world. He says in the event that you do recommend a product for the incredible commission but your audience has a bad experience with it, your credibility will be shot. .
The moment you start to do things for money, the moment that you begin to lie in your sales marketing copy, the moment that you begin to place dishonesty in official statement your work is that the moment you should reconsider why youre doing that work in the first place, says Flynn.
In order not to succumb to that, Flynn says its important to know your motivation. Passive income is important to me not only for the financial security but I can spend time with my family, '' he says. Ive been able to work from home and witness all my kids firsts.
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The Keys of Powerful Income Opportunities4.8 (96.92%) 13 votesHow Earn Revenue Like a Pro using Proven Passive Income Read More Here OpportunitiesCreating a passive income flow requires a bit more work and study up front and there are just certain specific fields that have proven successful time and time again.But, the foundation that you produce for this kind of business will continue to bring in a stream of revenue turning website visitors into long-time clients from that single sale.A passive income stream in your portfolio can allow you to increase your earnings and speed up your financial targets in exponential ways.