PASSIVE INCOME TIPS -2020 aggressive step by step guide passive income streams refreshments banner income streams: aggressive retirement online for beginners, Streams Passive Income & Financial by Racheal Bale
Author:Racheal Bale [Bale, Racheal]
Language: eng
Format: azw3
Published: 2020-09-06T16:00:00+00:00
Chapter 4 - INCOME STRATEGIES 100% EVIDENCE BASED
So we're going to dive into my three secrets today to really getting the ball rolling. When it comes to passive income, like I said, it's a bit of a snowball effect and it does take time and passive income isn't a great term for it because it does take a lot of work, time, definitely upfront and sometimes it takes a little bit of money up front, but we're going to talk about how you can start doing this with no money involved. But it is going to take your time and effort to get this up and running and then it starts to become passive a little bit later on. So I'm not one of those people who's going to be like, you're going to make six figures overnight and do nothing because that's not real. That's not real life. I hate to break it to you. And if that is you who thinks that's real life, maybe this is not the right Book for you. That's cool. I'm just going to tell you the truth. So I wanted to get started because I was actually at a meetup here in Vancouver and I was talking to a bunch of YouTube creators and one of the creators there has less than 200 subscribers on his channel and his channels pretty new. And he's making $5,000 a month passive income. And the reason he's able to do this is because he has such a targeted channel. So my first secret to getting the ball rolling with passive income is profitable content, profitable audience. So the reason I say this, and I know that if you don't have a niche, that's okay, and you might be sitting there thinking, well, I don't have that. So how I'm going to start? So I made a Book on that topic itself. So if you don't have a niche, watch this Book on how to grow without a niche and how to find a niche. You don't have a niche and it'll be really helpful for you in getting this process started. So the biggest thing is that I called the magnet effect. So when you have profitable content, which would be up here, so your content lives up here. So this would be your YouTube Books, your blog posts, et cetera. And if you watched that Book on getting started in the passive income from zero, you know that I talk a lot about evergreen content because the only way to generate passive income, particularly online is if your content is working for you when you're not working. So YouTube and blogs, they're amazing for evergreen content because those Books, if you make them and they're not based on trends, they're going to work for you for years to come. So. I.E. If I make a Book on how to get more views on YouTube, you're going to want to know that information for years and years and years to come.
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