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Now that youve chosen your niche, find a way to start sharing with your message, whether a site or podcast or Youtube channel, or whatever platform makes the most sense for your target market. Flynn says this is where youll begin to build a fan base and collect 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 assistance for your first fans. The people who 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 issues are and provide them the special treatment that bigger brands might not be able to perform. .
Some websites Flynn recommends for learning more are Fizzle.co, InternetBusinessMastery, SocialTriggers.com, and MichaelHyatt.com.
You cant start charging directly off the bat without your audience knowing anything about the value that you provide (though you might nevertheless indirectly earn money from them with the right ads). The best way to go in terms of a long-term passive income business is delivering value and information for free, and therefore establishing expertise, knowledge and trust 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 create passive income. You can sell digital products such as ebooks or courses, take affiliate marketing in that you promote other companys products and earn a commission when you sell that item for your audience, build a community and charge folks to be part of it, create applications and sell this, among other avenues.
Flynn has produced many different products. While his LEED test is what got him started, he has earned a commission from selling other peoples products and offered a commission to other people who'd sell his wares, and recently created his very first software, SmartPodcastPlayer.com, after realizing that many online podcast players provided only the fundamental stop/start/volume features.
We offered 250 beta licenses in less than 24 hours, because I had been addressing a need but I had built an audience and trust together When you build that amount of confidence with your audience, whatever you come out with, they may love. .
If youre worried about launching a new solution, and think you may need some feedback to ensure it is really great, Flynn recommends pre-selling an idea for instance, offering a limited number of places or seats into, say, a course you produce and giving the evaluation group specialized attention so you can see the way to enhance the content.
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Once you begin to find some success, dont be led astray by the money. While Flynn does use affiliate marketing to generate money, he only ever recommends products that he has personally used and enjoys. He is inundated by means of earn $50 per sale through commission on merchandise a knockout post he's never even tried.
I only use products Ive used previously, since that trust you've got with your audience is the most important thing in the world. He says if you do recommend a product for your incredible commission but your audience gets a bad experience with it, your credibility will be taken. .
The moment that you start to do things for money, the moment you begin to lie in your revenue marketing copy, the moment that you start to place dishonesty in your job is 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 just for the financial security but so I can spend some time with my family, '' he says. Ive been able to work at home and witness all my children firsts.
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The Keys of Successful Income Opportunities4.8 (96.92%) 13 votesHow Earn Revenue Like a Guru with Proven Passive Income OpportunitiesCreating a passive income stream requires a little more work and research front and there are simply certain specific areas which have proven effective time and period again.But, the foundation that you create for this kind of here are the findings business will continue to bring in a stream of revenue turning website visitors into long-time clients from this single sale.A passive income stream in your portfolio can help you to increase your earnings and speed up your financial targets in exponential ways.