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SPI 193: (Updated Recording) Types of Passive Income Generated Online and What to Expect From Each – Part 2

Last week, I kicked off a brand-new, three-part series on getting started with your own passive income business. This week, I’m back to bring you part two!

Part one covered the basics of starting out with passive income and explored what to put in place before creating your business. In part two, I’m going to walk you through what happens once you’ve laid that foundation, and you’re ready to build an audience.

The types of passive income I’m covering today include affiliate marketing, advertising, e-books, and online courses. I’ll teach you some key first steps for getting started, some thing to do and some things to avoid as you start creating, and my personal experiences with each income model. I’ve also got some great resources recommend—tools I’ve either used myself or seen others use while building successful online businesses.

And don’t forget to join me next week for part three, where I’ll explore four more models and which one might be right for your future in passive income.

Thanks for Listening!

Thanks so much for joining me again this week. Have some feedback you’d like to share? Leave a note in the comment section below!

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Also, please leave an honest review for The SPI Podcast on iTunes! Ratings and reviews are extremely helpful and greatly appreciated! They do matter in the rankings of the show, and I read each and every one of them.

If you have any questions (or would like answers to hear previously submitted voicemail questions!), head on over to AskPat.com. This bite-sized show has over two million downloads and counting!

And finally, don’t forget to subscribe to the show on iTunes to get automatic updates.

Thanks for listening in this week. Until next time!

You’ll Learn

  • How to generate passive income from affiliate marketing, advertising, e-books, and online courses.
  • What you need to get started with affiliate marketing.
  • How to increase the likelihood your audience will follow through on your affiliate links.
  • How I started my very first advertising income stream.
  • Different models for generating income through advertising.
  • How podcast sponsorships work, and what you could earn from them.
  • Things to do and things to avoid for adding advertisers to your blog or website.
  • Strategies for connecting with the right advertisers for your audience.
  • How to begin writing your own e-book.
  • Tips for choosing how and where to publish your e-book.
  • Tools for creating your first online course.
  • Frameworks for structuring your online course.
  • The unique challenges—and advantages—of online courses and other information products.
  • Lessons I learned from trying out each of these models myself, and more!

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Smart Passive Income Podcast

with Pat Flynn

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