How to Make Passive Income Online in 2020: 3 Ways to Make Passive Income Without Investing or Real Estate. Making Money in Your Sleep Doesn’t Happen Overnight, but you CAN Make Passive Income (Automated Income) with hard work and the right passive income strategies.
Two of my strongest Passive Income streams each earn me over $6000 on average each per month, that is $200 per day in Passive Income, each, and they are not my only income sources. None of this is to brag and none of it happened overnight. But it does demonstrate that it is in fact possible with the right amount of skill, time and effort.
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Passive Income Strategy No. 1 YouTube
YouTube Ad Revenue has helped me to make Passive Income Through Evergreen videos on YouTube that keep getting views indefinitely. YouTube does require work up front but the ad revenue is passive income if you keep earning money months or even years after you make a solid video.
Passive Income Strategy No. 2 Affiliate Marketing
Affiliate Marketing. Despite Skepticism, Affiliate Marketing is just commission sales, no different than selling a real estate property or a car. However when done well you can make recurring passive income, by selling software as a service where you get a 10%, 30% or even 50% Affiliate Sales Commission every month as long as a customer keeps the service. This is as close as it gets to truly passive income.
Passive Income Strategy No.3 Digital Products and E-commerce
Digital Product Sales are actually a very practical form of Passive Income that puts you in control more than Affiliate Marketing and YouTube Revenue. However this takes the most time, effort and talent and real skill to pull off. You have to deliver value for your customers and build a solid system to keep generating traffic and leads.
RESOURCES MENTIONED IN THIS VIDEO (affiliate links)
MORE VIDEOS ON PASSIVE INCOME
How to Make $100K/Year https://youtu.be/_yf7CYWq8Fg
Affiliate Marketing Step by Step https://youtu.be/8ktwaFhjj_o
How to Start Affiliate Marketing in 2020 https://youtu.be/M8-oTSOfurY
10 Websites for Making Money Online https://youtu.be/EBKXZCu5syY
Stop Trading Time for Money https://youtu.be/K1yc4qvJbMc
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Roberto Blake is a Creative Entrepreneur, Keynote Speaker and YouTube Certified Educator. He is the founder of Awesome Creator Academy and Host of the Create Something Awesome Today Podcast.
Roberto Blake help entrepreneurs and social media influencers, through educational videos on YouTube, motivational content on Instagram and career development advice on LinkedIn, as well as offering 1 on 1 Coaching and a Group Coaching Program.
**Disclaimer: Roberto Blake is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to www.amazon.com
*Disclaimer: None of this is to be considered financial advice please consult a certified financial planner.
Great strategies this is quite a few stuff people can try out thank you.
I love your channel I would love if you did a video on how to start a website/blog and how to build it up or build from it to get to the level of success you're
I am really interested more in more information on sharing digital products online. I have some printable content that I am happy to give away but I would love for it to be in the same place that I could showcase paid products as well as eventually physical items. I have been sitting on some finished work for a while because I don’t know how to make the next step.
I'd love a video going into designing/making digital products (with some focus on things outside of courses) and also marketing tips
Roberto, Im a super small channel..(1600 subs) …. HELP !!!
My channel all of a sudden is down 75% across the board !!!
Any tips, video links that can help me ???
Hey Roberto, I need some advice here. My channel is getting an O-K amount of recommendations, but my click through rate is extremely low although I feel my thumbnails have gotten much better. Anything to look out for or mistakes I might be making?
You really make some of the best content man, I'm trying at my own youtube channel. Hopefully, by the end of the year I can see a little income from it. Thanks for sharing your knowledge man!!!
Great tips and information as always! 👍
Awesome as usual!!👍🏻
could we get methods for digital illustrators to generate money other than patreon?
Your views on 'money' would be great. Importance of other things in life etcetera. How much money one should earn and how?
Bro my computer has stopped letting me make videos so I'm pushing some writing forward while I have to wait forever on these parts. Reprioritization can be a big part of making money online.
Another excellent video. How has the recent YouTube changes to video monitization changed the opportunity for income?
Here is a video idea and request 🙂
I know its not passive income but i find your content very useful so i wanted to ask.
How can we target exactly the same people that we know subscribed to a specific channel(a well known for example) other than making similar videos or putting same keywords on our channel. Is there another way to reach that people that we sure if they find out about our channel they will subscribe for sure?
Sorry if my english is bad
Another super transparent, honest, and golden video. I appreciate you bro 💯💯💯💪🏾💪🏾💪🏾
Wow 15% That's crazy
Gonna experiment with the free download and email list approach soon. Great video, Roberto! 😀👍🏾