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Step 1
Online passive incomeBuild a niche website on a profitable topic in which you're an expert or about something that excites you. Writing about your passion can be a great way to build content on a theme-specific site.
Not a writer? Team up with a writer and provide graphic design, tech support or marketing and split the site's proceeds equitably. A good contract is important if you got this route. You could also own the website and outsource your content writing, but start up costs will be much higher. -
Step 2
Find affiliate programs that fit your website topic. Promote them through your site, newsletter, email and social networking. Affiliate marketing online can be quite lucrative when done successfully.
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Step 3
Write and sell eBooks and other information products. Infopreneurs make up a new class of entrepreneurs, creating and marketing information products.
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Step 4
Sell photosTake digital photographs and sign up for websites that pay you per download of your picture. Excellent camera skills, Photoshop experience and a good eye will go a long way toward making this venture worthwhile. Sub par photography won't sell at all.
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Step 5
Book royaltiesWrite a conventional, paper-published book and have it published by a mainstream press. Market it online to increase sales volumes and your royalties.
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Step 6
Write for revenue sharing content sites, such as eHow, Xomba, HubPages, Suite101, Squidoo, Associated Content and Helium. Income generated from these sites makes up a large portion of my online passive income each month. Choose 2-3 sites to concentrate on and build up a large collection of articles on your chosen sites. Done right, this can be quite lucrative.
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Step 7
Earn passive income online blogging. Some bloggers earn six-figure incomes from one niche blog. Once the blog is established, you will earn residual income from older posts as well as new ones.












Comments
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vickymom64 said
on 11/12/2009 Great article!
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