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Now that youve chosen your niche, find a way to start sharing your message, whether a blog or podcast or Youtube channel, or anything platform makes the most sense for your intended market. Flynn claims this is where youll begin to build a fan base and collect subscriber emails.
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Use your foundation to build your audience, and when youre starting out, take advantage of the fact that you dont have a big following to provide more personalized assistance for your initial fans. The people that are starting out thats their advantage, says Flynn. They have the opportunity to talk directly with those people few coming their way to find out what their problems are and provide them the unique treatment that larger brands might not be able to perform. .
Some sites Flynn recommends for learning are Fizzle.co, InternetBusinessMastery, SocialTriggers.com, and MichaelHyatt.com.
You cant start charging right off the bat without your audience knowing anything about the value that you provide (though you could 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 expertise, 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 value, there are many ways to make passive income. You could sell electronic products like ebooks or courses, take up affiliate marketing in which you promote other companys products and earn a commission when you sell that item for your audience, build a community and cost folks to be a part of it, produce software and promote that, among other avenues.
Flynn has produced many different products. While his LEED test is what got him started, he has both earned a commission from selling other peoples products and provided a commission to other people who would sell his merchandise, and also recently created his first applications, SmartPodcastPlayer.com, from this source after realizing that many online podcast gamers offered only the fundamental stop/start/volume features.
We sold out 250 beta licenses in less than 24 hours, because I had been addressing a need but also, I had built up an audience and hope with them When you construct that amount of trust with your audience, whatever you come out with, they will love. .
If youre concerned about launching a new solution, and think you may need some comments 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 evaluation group specialized attention so that you can see how to improve the content.
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Once you start to find some success, dont be led astray from the money. While Flynn does use affiliate marketing to generate money, he only ever recommends products he has personally used and enjoys. He is inundated by offers to earn $50 per sale through commission on merchandise he has never even tried.
I only use products Ive used previously, because that trust you have with your audience is the most important thing in the entire world. He says if you do recommend a product for your incredible commission however, your audience gets a bad experience with it, your credibility will be shot. .
The moment that you start to do things for money, the moment you begin to lie in your find here revenue marketing backup, the moment that you start to put dishonesty in your work is the moment you should reconsider why youre doing that work in the more first place, says Flynn.
In order not to cling to this, 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 Secrets of Powerful Income Opportunities4.8 (96.92%) 13 votesHow Earn Revenue Like a Guru using Proven Passive Income OpportunitiesCreating a passive income stream requires a bit more work and study front and there are simply certain specific areas which have proven successful time and period again.But, the foundation that you create for this kind of business will continue to bring in a flow of revenue turning website visitors into long-time clients from this single sale.A passive income stream in your portfolio will help you to increase your earnings and accelerate your financial targets in exponential ways.