So what is the "secret to success" when it comes to passive income?
What should you expect from it? And how do you approach it without risking serious disappointment? The Right Expectations The first thing you need is the right expectations. Too many people expect to get money for nothing and to make a huge profit from a website or blog for example after putting in only a small amount of work.What’s very important to understand here is that passive income does not mean that you are getting money for nothing.This is not a get-rich quick scheme and it does take a lot of work and a lot of smarts. Let’s take running a website as an example. While may creators seem to be under the impression that they can set up a website in a matter of a few days and start earning thousands of dollars from advertising, the reality is totally different. Actually, the most popular form of advertising used to make money from a website is AdSense. AdSense is a form of PPC advertising, which stands for ‘Pay Per Click’, meaning in other words that you get paid each time someone clicks on one of your ads. If there are no clicks, you don’t get any money. It follows from that that to make any serious money, you need to get as many visitors as possible. How many, That depends on lots of factors including just how well you have optimized your ad placement, your SEO (search engine optimization) so that the right people can find your articles, and how many people are looking for your info in the first place. But you can rest assured is that it’s going to require at least a couple hundred thousand per day. In fact, if you read around do your research, you’ll likely find that the typical advice is that it takes somewhere in the area of 150,000 views for your website to make $100. How long does it take to get to those kinds of numbers day in and day out? Realistically it can take a couple of years for most people. And that’s only if you put in a huge amount of work to consistently flood your site with excellent quality content and to continuously promote your site and your brand in the meantime. The same goes for selling digital products, for creating an Amazon Kindle app, or for using any of the other passive income models we’re going to look at here. Does that sound like a lot of people? It is! But that’s the crazy thing about the internet. No matter the topic — however “weird” or “unpopular” — if you set things up right, you can expect to reach many many times more people than you ever realized even existed. And reaching them is all about simply doing it the right way, using proven models that have already worked for many thousands of internet entrepreneurs before you. (Also there are faster ways than Adsense!) The key is going to be Education. Invest in the right courses that are focused on setting up a straightforward system based on time-proven business principles rather than gimmicks and loopholes and trying to cheat the system, and you’ll be off to a solid start.
http://thedigitalroamer.com/what-to-expect-and-how-to-approach-passive-income/
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