Taylor Swift is popular right? She has a lot of talent, she has a lot of followers. But does she have time freedom?
Does Taylor Swift have the free time available to do what she wants? Or, is she spending most of her time doing what her managers, fans, and associates are asking her to do?
Does she have free time?
Taylor Swift probably spends a lot of time in the recording studio, or on stage performing, or riding from concert to concert and a tour bus. Is that really time freedom?
Does she have passive income?
An interesting question, is does Taylor Swift have passive income, or is she trading her hours for dollars? Think about it! If she is not on the stage, she is not getting paid. If she is not in the studio making music, she is not getting paid. On the other hand, when her music is put out on the Internet, and people purchase her music, that would be considered passive income, in my opinion.
What is passive income?
My belief, is that passive income is money that is generated from a system or activity that you did in the past. This work that you did, is generating income and putting it in your bank account from something you did days, weeks, months maybe years ago.
How to create passive income…
The Internet is dynamic and always changing. It is in operation 24 hours a day, seven days a week, 365 days a year. It is always working. The Internet is constantly being supplied with content from content creators and publishers. This content is constantly being consumed by consumers and buyers. The secret to passive income, is getting the Internet to work for you by posting information and products online for consumers to find and purchase.
How do you do this?
The best way to find out how to do this, is to join the Wealthy Affiliate network and learn from the people that are making it happen. However, I will explain the basics to you here below.
The basic idea behind affiliate marketing, is to create a website/blog for you to create content on a specific topic (niche) of your choosing. You should choose something that you are interested in and passionate about.
Then, you join some affiliate programs, such as Amazon, ClickBank, LinkShare, and the list goes on. There are many, many, many affiliate programs available on a wide array of products and services.
Now, you simply start creating content on your blog/website about your topic of choice, and embed multiple affiliate links that redirect people to purchase these products and services.
When they buy, you profit!
If you would like to know more about making money online with affiliate marketing, you can feel free to contact me, or join the Wealthy Affiliate community for FREE!
BRAD MagicBrad GUDIM
Minneapolis, Minnesota USA