Passive Income

How To Make Money Online Forever-

The Ultimate Guide To Achieving Financial Freedom With Passive Income

By King Kew

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Table Of Contents

Chapter 1: The Winner’s Mindset

Chapter 2: Youtube Money

Chapter 3: The Earning Power of Emails

Chapter 4: Amazon Kindle

Chapter 5: Affiliate Marketing Without A Website

Chapter 6: The Beginning of the End

Congratulations!

You are one step closer to financial freedom and living the life you desire. 90% do not take action and yet you have decided to read this book. You have taken DECISIVE ACTION and are now the TOP 10% of the population. Now as you have committed your time and effort into reading this book, I am obliged to give you my 100%. However in order for you to receive all there is to offer, I humbly request that you give 100% to this book and finish reading it.

Let us begin

Introduction

This book is meant for those who are willing to commit and put in the effort into starting and establishing multiple streams of passive income online. It is not for those who want to sit back and collect money. You can do that by investing in the financial markets and by entering into some alternative investments. However if you do not have the capital and/or do not wish to risk your savings, establishing passive income streams online is the only way to go. Our world today is so digitalized. Everything is done online. Even some of the biggest businesses are operating solely on the internet. Times have changed and so has the landscape for moneymaking. We no longer have to use cheque books nor pay in physical currency nor cash. All we have to do is swipe a card at the diner or pay by clicking a button on Paypal. Times have changed and people are spending more online by the day. It is only sensible to make full use of this rising trend and make big money out of it. In this book I will show you some of the PROVEN methods that I personally have used and still am applying today. You will get to learn from my mistakes so that you will not have to repeat them. You will see that the life that you desire is not actually that far away. Be it laying on a beach in Maldives or making your parents proud of you. You will realize that what you ultimately seek is right in front of you. I am glad you have taken a leap of faith by reading this book. Therefore I feel obligated to give you as much knowledge as I can. Let us begin on the first chapter.

Chapter 1: The Winner’s Mindset

Being a winner is not just what you wake up and become. For you to be the winner you really wished for, you have to do what winners are doing that makes them win. Winners have a different mindset from every other person, the way they think and do things is always special. In this chapter, I will be taking you through what you have to do to have a winner’s mindset.

Before we move on, let us set the right tone and mindset. Passive income is far from the fantasies of easy money and get rich quick schemes. Passive income, like every other thing in life, requires hard work and dedication combined with knowledge and multiple failures. Never good is ever easy. The biggest victories and greatest rewards never come from the completion of easy tasks.

Mental preparation refers to act of preparing mentally or unlocking the mind to achieve success. It helps in developing concentration and decision making skill. Mental preparation is training the mind for successful performance. Here are   some of the elements of mental preparation: mental sturdiness, inspiration, motivation, composure, goal setting, stress management and relaxation. The pressure to be successful increases when going into any business or taking any kind of risk and mental preparation is more important than ever.

Anxiety impedes your decision-making ability, which leads to an imperfect execution, and lowers your performance. Mental preparation is key to remaining relaxed and composed under the pressure of been successful. You must be psychologically and mentally prepared to face all the challenges ahead without fear.

   Here are some mental preparation tips to keep you performing at your best level;

·        Develop a consistent plan that instills confidence. A good plan will help you focus on what you need to do to perform. Taking time before going into business to mentally prepare will create confidence, composure, and relaxed mindset.

·        Focus on the process, not results. Focusing on the outcome of the business causes you to think too far ahead and sets too many expectations for the business. You will start to put too much pressure on yourself which is not healthy for your business.

·        Have trust in yourself. Believing in yourself and skill instil confidence in you. You have to perform freely and trust in your skills, it will really help your productivity.

Become mentally prepared by focusing on your goal and all the laid down plans, avoid thinking about results, and trust your preparation and ability.

There is surely going to be many obstacles to achieving financial freedom through passive income, be strong, courageous and never give up. It is important to understand all the obstacles and challenges ahead and be fully prepared so that you can manage them well. Being honest with yourself and keeping your eyes open will increase your chances of success in this business.  You should not run away from obstacles, do not try to play it safe and find another way out, confront it with confidence and never give up. You are never defeated until you accept defeat as a reality and stop trying, so you have to keep pushing hard and never lose your focus. Just accept any obstacle that comes as you move on with your business and fight it off with solutions that are extremely creative. The only real limitations on what you can accomplish are those that you impose on yourself. The troubles will come, the challenges will be many and the opposition fierce, but be confident and stay strong, you will come out successful. The dictionary defines courage as the quality of mind enabling one to face danger or hardship resolutely. It is the ability to control fear and to deal with danger, pain and uncertainty. It also means bravery, fearlessness and gallantry. Outstanding success is for strong-hearted men. It takes toughness to taste triumph. Courage — your access to outstanding success!

"Effort only fully releases its reward after a person refuses to quit."
--Napoleon Hill

Hardwork is the pathway to progress, the means to produce a desired result and it will take you to the top where you belong. The more you apply yourself to hardwork, the better you become. A hard worker presses on in spite of all odds. Success is impossible until your hands are set to work. Diligence is one of the principles for success on the earth, it involves investing your abilities, strength and all you have into the pursuit of your goal. The cheapest way to fight failure is to work hard. There is no substitute for hard work, if you must succeed. Great success will not come your way without great commitment. Committed work toward a desired result is also a key to your success. You have to be persistent in what you’re doing because persistency is norm for winners. The driving force behind productivity is diligence, so you have to work diligently for you be highly productive. Without diligence you can accomplish nothing. It is impossible to see success without diligence. Success is not a gift, it is an achievement. It is not imposed on people, it is obtained by proper planning and due diligence. Hardwork is the key to your personal development, output, and achievement. Excellent work always profits the worker.

Planning is the process of making the right decision carefully on how to get things done prior to actually starting to do it. Without making the right decision on how to run our daily business, we will never be able to optimize our productivity. You need to concentrate your time and resources in planning to accomplish your goals.

Making the right decision before starting to do something is never a waste of time. Productivity will increase geometrically and there will be a great reduction in the execution time when sufficient time is spent in planning which will make you more successful.

The lack of discipline is the nemesis of success. For you to be highly successful in this BUSINESS you must be highly disciplined. You need to do the right thing at the right time.  You will never find a successful person who is not diligent in all his ways. From the story of great and successful men, you will find out that they are dedicated and diligent worker. Knowledge is not beneficial until it is transformed into Action, everything you’re going to learn in this book is going to be a total waste if you did not stand up and act immediately.

"Great achievement is usually born of great sacrifice, and is never the result of selfishness." --Napoleon Hill

Productivity simply means realizing your desired goals and achieving favorable results. If you really want to realize your long term goals, you need to clearly envisage them and do the right things at the right time. People that are highly productive carefully plan well and prioritize their life and their actions towards their business.

To have success, you must choose to have focus. Focus stimulates your desire to be a winner. It’s important to remember that focus is an attitude before it becomes an action, and it’s a journey more than a destination. Focus demands your discipline to become a winner, and discipline begins with a definite decision by you. Focus also strengthens your determination to become a winner. Your position may never change, until there is that inner force propelling you towards your desired goal. Pursuit is the relevant force that helps bring your long term goal into reality. You should be goal-driven and motivated.  

If you are a person who requires instant rewards and gratification, this book is not for you. Passive income enforces the concept of delayed gratification. In this day and age we are living in a fast paced world. We are constantly bombarded by information that is readily available everywhere. Hence I would understand if the concept of delayed gratification is foreign to you. We touch a switch and the lights instantly appear. We whip out our phones and are able to do wonders with it instantly. Technology has made us crave instant gratification. However with the advancement of technology comes great opportunity. There is BIG MONEY to be made. Execution is way more important than an idea. Passive income defines the new rich. Put in the work first, reap the rewards later and FOREVER.

Chapter 2: Youtube Money

Youtube has been around for a long time and has established itself as the dominant player in online video content. The viewership on Youtube greatly surpasses that of tradition television.

YouTube is a popular video-hosting website that allows members to store, watch videos uploaded by others and upload video content accessible by everyone visiting the website.

YouTube money is about the diverse ways you can make money by just uploading videos on YouTube and through advertisement from google.

YouTube Money is here to stay. Over the years there has been increase in the demand of videos online. It was reported that mobile video traffic accounted for over 50% of the total mobile data traffic in 2015 and it was also predicted that video traffic will account for over 70% of the total global mobile data traffic. What can be better than this? When you’re so sure that what you’re going into is a long term project which has come to stay.

There are many ways to earn on and from Youtube. You will learn the sustainable way to earn passively from Youtube in this chapter. I have known of those who use “blackhat” strategies to get fast money from Youtube but they are after banned or removed. That strategy is not sustainable and there is no guarantee that you will receive your payout. Furthermore Youtube has enforced its guidelines strictly and continue to do so with tighter regulation. Hence building a sustainable and long term channel is the only way to earn passively forever. Remember, we are establishing income streams that will be around 10 or 20 years after they were set up. The step by step guide is for complete beginners. If you are already familiar with the basics of Youtube, please skip to “The types of people on Youtube”.

Step – by – Step Guide on setting up a YouTube channel

For you to have a YouTube channel you must have a Gmail account first. If you have a Gmail account you’re good to go but if not open one now by going to www.gmail.com to sign – up. Here are the steps to follow for to you to create your own YouTube channel:

Step 1 – Login to YouTube

Go to www.youtube.com and sign in with your Gmail account. After logging in, click on the drop down menu beside the YouTube logo which is at the top left of your screen. From the drop down menu locate “my channel” and click on it.

Step 2 – Choose a name or Identity

On the next page you’re going to see ‘use YouTube as”, on this page type in your name or the identity you want the channel to have, and click on create channel Click on your profile picture to access your user page.

Step 3 – Add a unique channel art

Add a unique channel art that is going to serve as cover photo for your new channel.

Your channel art is the large image at the top of your channel page. This is your chance to feature a unique image that represents who you really are or what you care about. Here are some Best Practices for Effective channel art:

Make Use of artwork/image that is catchy which will draw the attention of your viewers. The channel art will make your channel unique compared to other channels on YouTube.

·         Always make sure your YouTube channel art size is right: 2560 px wide by 1440 px tall which is the YouTube recommended size for channel art.

Incorporate your channel’s name or an important message in the channel art. This will help solidify your name in the viewer’s mind.

Step 4 – Add a channel description

Give a concise description of your new channel to allow the viewers to know the nature of the content you’re going to be offering them. To adjust the channel description, below the ‘Add channel art’ button you will see“+ Channel description” button, click on it and add your description. In your channel description try to include links to your websites, or to update news about your channel.

Now you can upload your first video to your YouTube channel.

Step – by – Step Guide on setting up Google AdSense

Google AdSense is a type of advertising program run by Google.com, it is an application used by Google to help websites publishers make money. When you display Google AdSense advertisements on your website/blog you get paid each time someone clicks on any of the adverts. In order to make money using Google AdSense you have to set it up first. Here are the steps to follow to setup Google AdSense:

You must have a Google account, a website or blog in which to place ads, and a mailing address.

Step 1 – Get a Google Account

If you have a Gmail account already that means you have a Google account. If you don’t, you can go to www.gmail.com to sign up.

Step 2 – Locating Google AdSense site

Go to www.google.com, click on “Business” button which is at the lower left of your screen. On the “Google Business Solutions” page, scroll down to locate “AdSense” button and click on it.

Step 3 – Sign up for Google AdSense

Click on “Sign up now” button to get started. Sign in with your google account created in Step 1 above. On the next page, type in your website address and choose your preferred language. Fill in all the details requested for and click on “submit my application” button.

Step 4 – Agree to AdSense Terms and Conditions

Go through AdSense Terms and Conditions, after reading, check the box next to “Yes, I have read and accept the agreement” and click on the “Accept” button. After submitting your request, wait for the approval from Google AdSense team.

Immediately your request is approved by Google AdSense team, you will receive an approval email from them.

Step 5 – Placing the Ads on your Website/Blog

Go through the email you receive from Google to locate the AdSense HTML code. Post the AdSense HTML code into your website’ HTML code. Confirm to see if the Google Ads is showing on your website/blog already.

The types of people on YouTube

You have to target a specific audience when creating your videos. You must be familiar with the types of people you want to create your content for. Try to be as niche as possible. Basically, people wants to watch a video mainly for two reasons, either they want to seek for knowledge or they want to be entertained. Always create quality content and seek to gain the trust of your viewers and subscribers by adding value. In line with this, YouTube viewers can be categorized into two: We have

·        Those that want to be entertained

·        Those that seek knowledge.

Those that want to be entertained

These are the set of people that comes online with the sole purpose of been entertained by watching videos. They are consumers that expect their needs to be met with different video genres like comedy, drama, live performance, music, science fiction, short films, thriller, soaps, reality & game shows, gaming, sports, animation, variety & talk show, etc., which keeps their attention and from which they derive pleasure and delight.

Those that seek knowledge

These are the set of people that comes online with the intention of learning new things and adding more to their knowledge. They are consumers interested in different genres of video which they will learn from and will increase their knowledge, which are: Documentary, learning & education, food, documentary, health & fitness, science & tech, faith & spirituality, etc.

YouTube Content Idea

The first thing you want to do is to make decision on what you will be offering your audiences i.e. what you’ll be offering from your YouTube channel. As written above, people comes online with the intention to be entertained or to seek for knowledge, so it is your desire to meet their immediate needs. In meeting their needs, you must consider what you can offer your audiences that they aren’t getting elsewhere. Your YouTube content need to be entertaining, original, interesting, creative, thought-provoking, and informative, and, it must be of direct interest to your intended audience.

Know what your strengths/skills are, what you are passionate about, what you do with ease and enjoy doing a lot, you have focus on these for you to be able to give your audiences the best. It is in your best interest to create quality content that YOU enjoy creating. It goes a long way to love what you do and do what you love. The passion and sincerity can be felt by the audience easily. In choosing your content idea, choose ideas that you’re passionate about and won’t bore you after few weeks. It can also be about a skill you’re highly proficient in. The best case scenario would be a niche that qualifies as both. It can be a hobby for a skill that you have developed over the years.

Researching about your content Idea

Always validate your idea before execution. Validation is essential to your success on Youtube. You might think that your content topic might be of high demand but it might not actually be so. After deciding on the YouTube content idea you’re going for, you have to Research and validate your idea for you to be successful with it. Research is the diligent study and investigation with the objective of discovering and explaining new knowledge. Researching about your content idea will enable you to discover new knowledge about the idea. Carrying out your own research allows you to address issues specific to your content idea. This research will help to collect the information you need to know, and it will benefit you in diverse ways. Information you collected during the research is your own and is generally not shared with others. Thus, information can be kept from others and it will be an advantage to you. However, it is not enough. Validation consists not only of research. It is like performing a survey. Ask your friends and family what they think of your Youtube idea. Promote your Youtube channel and content first even before starting. This way, you will roughly know if the topic that you have chosen is in high demand and would gain strong viewership. You will get plenty of good and bad feedback. This is constructive and positive. If you are getting a lot of negative feedback, then you now know that the topic you have chosen is not valid. Validation is so essential as you get to confirm the topic/idea even before putting effort into creating it. You have saved time and energy from not creating content that no one would watch and if your content topic sparks interest from family and friends, this gives you greater confidence that you and your content topic will succeed. Keep in mind that we are selecting a Youtube topic that you are going to be creating content about for many years to come. This planning stage is way more important than any other phases in your Youtube career.

Cost – per – Mile (CPM)

It is also referred to as Cost-per-thousand impressions. CPM is the amount you pay depending on the number of impressions (times your ads are shown) that you receive on the Google Display Network. This term is common among advertisers.

Rate – per – Mile (RPM)

It is also referred to as Revenue per thousand impressions. RPM is the approximate payment you’d receive for every 1,000 impressions your videos create. It is not the exact money you’ve earned; instead, it's computed by dividing your approximate earnings by the number of impressions you acquired, then multiplying by 1000.

RPM = (Approximate earnings / number of impressions) * 1000

RPM can vary due to various reasons, here are three main reasons that causes variation in the value of the RPM.

·        The type of Ad: There are different types of ad, and advertisers might choose to go with any. Some of them may choose to for every click action that is done by a viewer, while others might decide to pay for every 1,000 impression.

·        Season dependent: The demand for ads varies with season, advertisers tends to have higher demand for ads during periods of festival/celebration. The more advertisers demand for ads the higher your RPM.

·        Size of your site: Your RPM is also dependent on the number of visitors that visits your site. Optimizing your website/blog by putting original and interesting content there will help pull traffic to your site. A site with 50,000 visitors is expected to earn a lot more than another site with just 10,000 visitors.

Email Marketing and Affiliate Marketing

Email Marketing is a form of communication between you and your customers with the goal of selling your product or service to them using email. It is sending message from one person to as many people as possible. Anytime you send an email to your current or potential customer Email Marketing is done. This can only be possible if they subscribe to your newsletter i.e. it is permission based. This often leads to the use of lead and squeeze pages. Get your viewers to enter their email for something valuable in return. It can be in the form of a bonus video or the giving of a free ebook. Keep in mind that the more value you give, the more trust you gain and the more emails you will get.

Affiliate marketing is the process of selling other people’s products or services with the intention of getting commission in return. It is one of the perfect ways of making money online. Affiliate marketing on YouTube is one of the simplest and fastest way to make sure there is constant traffic streams to your affiliate websites. The amount the marketer makes depends on the percentage on the sales or may be fixed amount of money that has been agreed on. Affiliate marketing is for anybody that is ready to make money, it is not just for some set of people alone. If your affiliate links is clicked and purchase of the products or services is made by anyone, then you will be paid a fixed amount of money agreed upon or get your commission.  Clickbank is a great affiliate site. Commission per sale can be as high as 75%. This is particularly true for digital products listed on their affiliate products market. Do note that Clickbank is very smart. You will get the commission even if the customer closed the browser with your affiliate link on it. Clickbank uses cookies to keep tabs on the customer’s purchases. Hence if the browser which your affiliate link page has been closed, you will still get your commission if the customer opened a fresh browser page and made the purchase.

There is also the option of creating your own products. Be it an ebook listed on Amazon Kindle or a physical product such as polo shirts with your Youtune channel logo on it, there is money to be earned here. The fine details and basics can be learned easily online. There are many manufacturers in China that would provide OEM services and produce items that are under your brand. Buying from China is cheap and the quality of goods has risen over the past decade. No longer do you get flimsy products nor melamine in milk powder. China products are getting better by the day. This is from personal experience, there are definitely lousy China products out there which is why you must always purchase a handful of samples from he manufacturer first.

These are just some ideas and ways which Youtube can be monetized further. Adsense earnings are negligible. You will earn a very low four figure amount from four million views. This is from personal experience. Adsense will not make anyone rich. It is the upsell and promotion of products and services that you do on Youtube where you will earn the bulk of your Youtube income.

YouTube is not for watching, uploading videos and catching fun only, it is a social media tool that is obtainable from email marketing software which provides the largest built-in audience. Video has been known to give a compelling and the quickest communication in marketing. Increasing the rate existing customers patronize you, maintaining and building long-lasting connection with your customers will be enhanced by using Video in your email marketing. With your YouTube channel you can sell your products and that of others. This is possible by adding your tracking list in the about section of your YouTube channel and also adding the Affiliate link in the description of the videos 

It has diverse importance, which are:

·        Videos are catchy and pass your messages across to your customers easily in an interesting way.

·        Videos are easy to understand and saves a lot of your time in sending the messages and your customers’ time in going through it.

·        Videos trends easily and have an excellent way of saying things and passing messages across which have positive impact on your goods and services. This brings more people to your site, more clicks on the links and more money for you.

Channel donations and Sponsorships

The increase in popularity of sponsored videos on YouTube cannot be over emphasized. Sponsorship is when a YouTuber includes a company’s or brand’s product or service in a video and get paid for it by the company or brand. Sponsorship is a magnificent means of financing your YouTube channel. Companies and brands really wants to exploit creators influence on YouTube to help market their products or services and will pay for the service rendered by the creators. YouTube allows brand sponsorships which includes endorsements and placement of product in as much as you strictly stick to her policy. YouTube must be notified of any endorsement and paid product placement in the course of uploading a video. FAMEBIT is one of the easiest way to get sponsorships for your YouTube videos. It is a site you can join when you have at least 5000 people subscribed to your channel. Its main aim is to connect creators with brands willing to sponsor their videos. You can also seek for sponsorship by reaching out to companies or brands about the idea of sponsoring your videos and try to persuade them to accept.

Fan-funding program was created by YouTube in 2014 which allows people to get payments from their viewers and audiences using Google Wallet. Viewers are to make a choice on whether to make a donation to a YouTuber by clicking on “support this channel” button which appears on the homepage of a channel or introduced using the YouTube “cards” feature. You have to make sure that Fan Funding is enabled in your YouTube account settings, so that your channel will have the support button for people to donate. For you to get paid, a valid Google Payments Merchant account associated with your YouTube channel is needed. Patreon is a well-known donation service for creators where an amount of money can be donated monthly automatically by their supporters/audiences. This provide the viewers the chance to fund videos they wish to watch in an affordable and easy way. It’s a very easy, special and effective way to make more money from your YouTube channel. It is highly flexible. The more money you make on Patreon is dependent on the type of connection you have with the consumers of your content.

Chapter 3: The Earning Power of Emails

Email marketing has become big business online over the years. If you have any hope of building an online empire and engaging with your customers you will need to tap into the power of emails. Make no mistake, email tastes change over time and what was successful 5 or 10 years ago will have no hope in even being opened today. Your emails will have to be fresh and innovative. If you don’t even want to read them, why would you expect anyone else to?

This is where it all comes to down to providing value and building customer loyalty. While you can make immense profits from emails it is important to get the basics down first. Emails provide countless opportunities not just in selling your products but they are also the bridge between you and your customers, and your main source of communication on a mass scale.

Chances are you have probably been subscribed to an email list (or many) in the past. Most of the time you might not even realised you have been added to the list until you start receiving email after email of promotional links and borderline spam. This is what I mean by adapting your email style to modern tastes. Because so many people have seen it all before, they become numb to what most online business owners are sending out. So what makes a great email?

We will get down to what exactly works and what will cause your subscribers to drop like flies a little further down. Let's firstly get started on how to set up your first email list.

Creating A List

The first step in building your list is to select a host. Your host will not only keep all the information for your list such as your subscribers emails, their click and open rates, what campaign they are on and more, they will also allow you to send out those mass emails with ease and simplicity.

For this example we will be using MailChimp, one of the most recognised names in email marketing currently. Fortunately you are able to start an account free of charge and upgrade your account as your business and subscriber list expand allow you to completely minimise overheads.

1.   Create your account - Setting up an account with MailChimp is nice and simple, it is recommended you start with a free account just to gain a feel for the platform and focus on growing your list without having to pay subscription fees.

2.   Create List - Creating a list can be done through the menu when selecting lists. The Lists screen offers a summary of each list including how many subscribers, click rate and the percentage of how many have opened your emails. Creating a list for each niche you decide to market to is a great way to stay diversified and targeted.

3.   Create an Opt In - An Opt-In is your solution to the question “How will I gain subscribers”. It can be something as simple as a box on your blog or website which allows users to enter their email and receive regular updates from you. Though much more effective is the “bribe to subscribe” this basically means you are offering something for new subscribers which might be in the form of a free ebook, video, webinar or free product. You can be as creative as you want while constantly remembering to add value and offer something you yourself would want to receive.

4.   Create A Campaign - You are able to create a campaign through the dashboard screen. The dashboard screen offers a wealth of information on your current campaigns, how many subscribers each list has, what is working and even benchmarks you again industry averages providing some insight into how well your campaigns are travelling. Your campaigns can be anything from a simple newsletter update to keep your subscribers involved and engaged to a product promotion which you have been working on for some time and is now ready for launch.

5.   Build an Email - Every email you design must be engaging and keep your subscribers interested. Some marketers do prefer to work with just simple, small text emails to mention something their list might be interested in. This seems to be having greater effect in recent times since over the top colourful, picture packed emails tend to have the opposite effect, not even being opened. I believe it does depend on your niche and who you have on your list, find what works through trial and error your subscriber count will keep you informed.

As time progresses you will find your list growing larger and more complex. Remember the goal is to keep the list targeted with your niche in mind otherwise it will become too confusing to market to and you will start to notice declining numbers if you are sending out emails nobody is interested in. Keep in mind in the beginning you might not see huge results but as your list begins to snowball and attract more subscribers your marketing efforts will be worthwhile.

A commonly referred to industry average for conversions on email marketing is approximately 1%. This means that for every 100 people on your subscriber list, only one will purchase something you promote. Of course if you are good at what you are doing this figure will be much higher. But for now this is where you should set your expectations. While it might seem a little daunting, keep in mind there are hundreds of lists out there with tens of thousands even hundreds of thousands of subscribers meaning if you are offering a $1,000 product to a list of just 10,000, you can make approximately $100,000 in revenue. As the subscriber count rises so do the profits.  It is suggested to provide a value add mindset for email marketing. Your email service subscribers have subscribed to you because they think that you offer additional value and knowledge that will benefit them in the long run. Hence in a typical email marketing campaign, it is strongly recommended to provide value-only emails for 4 of every 5 emails you send to your subscribers. Do not try to sell them anything in these 4 emails. Give your subscribers what they want. It is beneficial to both parties to gain your subscribers’ trust. Not only do you get to earn extra income of them, your subscribers benefit as they are provided additional value-add if they purchase the product which you have promoted in your emails. This leads to the explanation of the 5th email and how to utilize email marketing as a powerful and effective tool in generating passive income for you. You see, all these income streams that are explained in this book work hand in hand. Each of them enforces and upsells one another. It would be a waste if one does solely email marketing alone. Although there are success stories of those who made big money from email marketing alone, there are thousands more who failed. A good example of big money earned solely from email marketing is this average guy who loved to travel. He first started his email list for the benefit of his family and friends. As he is a frequently traveler, he constantly seeks the cheapest flights and airfares. He started this email marketing campaign not with profit in mind. It was solely for his friends and family. Not long after, his email list grew through word of mouth. Everyone loves extremely cheap flights and vacations. His email list grew to 4000 subscribers soon after. It was then when he decided to monetize it. He came up with a freemium model where by those who have subscribed to his free list have access to cheap flights and the option to subscribe to the “Insiders’ List” for $1 a month. These insider subscribers have full access to his best and cheapest flight deals. A dollar may not sound like much but think about the possibilities when you have thousands of email subscribers sending you a dollar a month. 4000 subscribers paying $1 a month would equate to $4000 per month in passive income. All he has to do is source for and prepare the emails for a maximum of four hours a month. That is $1000 per hour of pay. That is also not forgetting that he does get commission when his email subscribers book or purchase a flight from the affiliate links in his emails. One idea and one execution can make you rich. Of course, this is just a special case study, but do you now see how powerful email marketing can be. What if it were combined and integrated with other passive income methods mentioned in this book?  You can add a link on your email to direct traffic to your Youtube videos. Mike Maloney, founder of GoldSilver.com has used this strategy effectively. As I am a subscriber of his both on Youtube and his email list, he sends an email notifying his email subscribers that he has just uploaded a new Youtube video. This is the best of both worlds. Promoting a new Youtube video with emails help increase organic views on that particular video. This in turn would cause Youtube to rank your new video higher on the search engine, gaining more publicity and even more views and Youtube subscribers, which in turn increases his email list subscribers. On the other hand, promoting his email list to his Youtube viewers/subscribers, Mike Maloney has the opportunity to keep his Youtube viewers engaged and offer more value and upsells. By the way Mike Maloney owns GoldSilver.com, which is a website that sells physical precious metals. Now traffic from both his Youtube channel and email list can be directed to his website which would in turn generate more sales. Do you now see that everything mentioned so far in this book makes sense? Everything can be combined to be used to gain trust and generate multiple sales. Ebooks can be combined with email marketing too. In the next chapter we will dwell into Amazon Kindle Ebooks which is an area that I am most knowledgeable in. I believe what I know can be used by you to learn faster than I did when I first started out. I wish I had a book like this when I took the first step towards passive income. I did not have any mentor nor friends who knew this kind of stuff. Everything was self-taught and many mistakes were made. The next chapter would be very exciting and equally as beneficial as the previous chapters.

Chapter 4: Amazon Kindle

The Amazon Kindle is an e-reader developed and promoted by Amazon.com. This device allow users to browse, purchase, download and peruse e-books. It is a small, portable computer developed for reading e-books in a digital format such as AZW, KF8 and KFX.  Thousands of kindle e-books can be downloaded on your Amazon Kindle, this gives it an advantage over carrying hardcopy books about. Amazon Kindle is one of the best e-readers present ever since it came into existence about nine years ago. It is integrated with the Amazon Kindle Store content which allows you to select, buy and download any Kindle e-book of interest. Amazon is known for their unrelenting efforts to make sure Kindle e-books is available to all by the reduction in prices of e-books. However we are not here to talk about te Amazon Kindle reader device. We are here to make money. Amazon Kindle ebooks can also be read on mobile or on your PC. Thus this creates greater convenient and reaches a larger pool of potential customers. Digital books are easy to sell and there is no logistics to handle, unlike with physical products.

The total number of e-books available to readers have grown pretty well over the years. When Kindle was launched in November 2007, over 88,000 e-books were available. This number increased geometrically to over 2.7 million e-books as of February 2016. The kindle e-book market has grown very large, with over two million e-books and publications readily available to you within minutes, with affordable prices that varies from tens of cents to thousands of dollars. With this type of increase in just about 10 years of operation, the kindle e-books market is not ready to stop but to keep increasing. Kindle e-books are the one currently trending in the USA and some other countries with over 3.5 million kindle e-books available for readers. The kindle reader also have make things easy with all its features mentioned earlier. Amazon e-book market has been growing since its inception in 2007 with over 2.5 million e-books added and a lot of consumers’ needs been satisfied. So joining this kind of huge and growing market will surely bring in a huge amount of money into your pocket. Do keep in mind that Amazon Kindle ebooks are currently mostly read in the US. There is still plenty of room for reader/user growth. More than 400 million customers shop on Amazon everyday. It is time that you enter that market and earn some money from it yourself.

It would be a smart move to publish short  ebooks of roughly 30 to 50 pages each. This is because readers have very limited attention span. Only 10% of those who buy a book will finish it. Hence this tells us that the front few pages of your book must be engaging enough to keep the reader wanting more. For example, instead of writing a 200 page ebook about stock investing, perhaps you can break it down to four ebooks of 50 pages each. This also provides more income for you as your reader now has to purchase four books instead of one. You are able to change the prices of your books but they have to be competitively priced. Remember, the bulk of your income will come from other income methods that you implement in the books, not by the purchase of the ebook on Amazon by itself. Think of your ebook as a channel and gateway to multiple sales avenues. We shall talk about this later.

Validate your ebook topic

Again, validation is the most important part of this process. You MUST know if your ebook topic is in high demand. There is no point in writing an ebook that does not sell. Writing and publishing a book is tough work. My first ebook published on Amazon Kindle took me 3 months to complete. Back then I did not have any coach nor guide to help me along. Everything was self-explored and learned. As a result there were plenty of mistakes along the way. I am here to guide you as I would have liked someone to guide me when I first started out. My mistakes will be your experience. You do not have to waste the time and energy to make the rookie mistakes that I did. There are a few ways of doing this and I shall share some powerful methods with you.

1. Number of search results

When it comes to validating your ebook topic on Amazon, there are several ways of doing so. The most basic way is to look at the number of search results. There will always be a section on the top let hand corner that displays the number of results based on relevance.

Although this is the most basic and simple way of determining the ebook topic demand, there are many key takeaways just by looking at the number of search results itself. Please keep in mind that you are searching under the “Kindle Store” category and not anything else. Your search results will be very inaccurate if it is under any other category. This is a rookie mistake that even I made when I first started on Amazon Kindle publishing. As you can see we are using “gardening” as an example. Over 13,000 ebooks have been created with the keyword “gardening”. Before we go on, do you think that this will be a good topic to write for your ebook? This topic is too competitive as there are too many competitor books to take away your market share on Amazon. Hence, we shall move on and look at another topic. Perhaps if you really want to publish a book on gardening, try to write about a niche in gardening. For example, instead of just utilizing the keyword “gardening”, it would be better to dive into a niche and perhaps name your book “Hydroponics gardening for beginners” or “Gardening tips for success” or something along those lines. You want to be as niche as possible and to know for sure that there is a market for that niche. The next segment will teach you how to tell if there is a market for your specific niche.

2. Bestseller ranking

Before we move on, let us repeat what we have learned in 1. Number of search results. Let us use the topic of this book as an example. Passive Income can be a profitable niche.

As usual we follow what we have learned previously.

There are 1,671 results when we search for “passive income”. You might be thinking there are very few books compared to the keyword “gardening”, hence there is less demand. Contrary to popular beliefs, a small market can actually be good. Would you want to be a small fish in a big pond or a big fish in a small pond? Ideally it would be best to be a big fish in a big pond, but what if I told you that you can be a big fish in a rapidly expanding and growing pond? Having a healthy number of search results is a good sign. The number of search results you are looking for is from 500 to 5,000 results. This may vary and must be used with everything taught here in order to determine if the niche topic can be profitable. Now that we are done with this, let us go to step two.

The bestseller ranking is by far the most important. Every ebook on Amazon Kindle has a bestseller ranking. This is a great indicator as it tells us if the book is actually selling and if there is high demand. I think giving you an example first would help you better than just writing out a long explanation.

Can you see the orange “Best Seller” tag on the first search result? This is already a god sign. It signals to us that the top ranking book on this specific keyword is selling many copies. However we would still have to dig deeper in order to find out for sure. What I would always do is to click on the top 3 ranking ebooks on the search results and look at their bestseller ranking statistics. Let me use the top ranking book here as an example.

Needless to say a good book cover is crucial for converting sales. As we can see, there is a decent book cover, good reviews and many keywords utilized in the title. We have to scroll downwards to look at the bestseller ranking.

Let us go through this in a systematic manner. The first stat that I have underlined is the Print Length. As you can tell Amazon Kindle ebooks are short and concise. This book consists of a mere 73 pages and yet it is a bestseller.

The publication date tells us when this book was published. Although this might seem like a redundant stat, it actually tells us a lot about the book. If the book has recently been published and is a bestseller/ranked highly on Amazon’s search engine, the author of the book may have done some promotion for the ebook and artificially generated sales from his advertising efforts. Hence the longer the book has been published, the more accurate the bestseller ranking stats are.

Amazon Best Seller Ranking: This is what we are here for. This book has a ranking of 48,463 in the paid section. This means that this book is ranking the 48,463rd on Amazon Kindle. This might not sound impressive but it is actually a big accomplishment. There are millions of ebooks on Amazon with more ebooks published by the hour. Achieving such a ranking is impressive and shows that people are actually buying this book. Generally speaking, ebooks that are ranked 100,000 on the paid section generate about $50 revenue per month from the ebook sale. This does not include any other income streams that can be integrated into the ebook as we have mentioned in this book.

Ranking #1 in any ebook category is beneficial for your ebook sales. Your ebook will be the first to be seen by any Amazon customer and has a highly chance of getting purchased.

As previously mentioned, I like to look at the topic 3 search results when looking to validate an ebook topic. Hence let us take a look at the 2nd and 3rd ranking ebooks for the keywords “Passive Income”. Try to apply what you have just learned for the examples below.

Do you think that the keywords “Passive Income” present an opportunity to publish a profitable ebook? If you didn’t, I certainly have. This is one of the reasons you are reading this book anyway. To summarize, the top 3 ranking ebooks based on our search result proved to be in high demand. The have very high Best Seller rankings. This means that these books are selling and there is a high chance that readers in this category tend to purchase multiple books of the same topic and this is good for anyone who plans on publishing a book with these keywords.

3. Customer reviews

Although customer reviews do not exactly tell you if a topic is in high demand, it can give us a strong clue if the readers in this topic that you are validating are repeat and avid readers, meaning do they purchase multiple ebooks on the same topic and if they are detail oriented. It might seem daunting after a while but you will get used to it. Always read customer reviews, even if they are about your competitors’ books. Give your readers what they want and improve based on those reviews. Always look for 1 star reviews on other books in the same topic. Amazon customers generally do not give negative reviews unless something is really bothering them.

If you scroll down after the bestseller ranking, there are reviews posted by readers. This review example is from our top ranking ebook in this topic/keyword search

As you can see there are a couple of bad reviews. Bad reviews can be a good thing for you. It helps you learn what the readers want. You can improve your book based on the bad reviews on those of your competitors. For example, the one star review at the bottom states that everything written in the book can be found on google. Perhaps you as the author of your new book on passive income can provide a more personal approach and write based on your own experiences. Your personal experience definitely cannot be found on google. Perhaps this competitor book has been too generic for the reader. You can offer more in depth details in your own passive income ebook. These are just some examples and suggestions on how you can improve o the downfall of others. Always seek to give more value to your readers. Your readers come first. I hope that this passive income ebook that you are reading has offered value and has been beneficial to you. Just a quick reminder to constantly take action.

At times 3 star reviews can also provide insight. A review such as this one in the above example shows us what this reader wants to see in your book. Amazon Kindle ebooks can be edited countless times after they are published. It is always good to listen to your readers and build on their feedback.

Write your own E-book

Making money in the kindle e-book market might look strange, I will be telling you things to do for you to make money from this huge and continuously growing marketplace.
Kindle e-books market is all about buying and selling of kindle e-books, for you to make money from this market you have to write your own e-book. You can write an e-book of about thirty to fifty pages to start with. Writing e-book can be difficult or boring when you’re writing about a topic you’re not really familiar with or a topic that does not really interest you.

As a writer you must write about what you know, this will bring flow into your writing and everything will seems quite easy. Writing about what you are knowledgeable in will make you to write more because you’re ready to teach others what you know and in the course of that you’re making your money. Writing can also be in line with passion, writing about what you’re passionate about will make you feel happy and there will be a lot of interest in what you’re writing about. When you write about something you’re passionate about, your e-books tends to be interesting, engaging and highly effective which makes your readers request for more books you’ve writing. If you want to be successful in writing, you must be passionate about what you’re writing about. When you write about what you’re knowledgeable in and passionate about, your creativity is superb and you keep on writing effortlessly without considering the time spent on writing. Enjoying what you do will make you unstoppable in getting all your e-books written and nothing can get in the way of your greatness.

Step by step guide to setting up Amazon kindle account

In setting up your Amazon Kindle account you must have an Amazon account. Here are the steps to follow to setup your Amazon kindle account:

Step 1 – Create an Amazon account

Go to www.amazon.com. In the upper right corner of your screen, locate “Your Account” and hover over it, you will see a dropdown menu. Click on the “start here” link. On the next page fill in all the required details and click on “Create your Amazon account” button. You will be automatically redirected to Amazon’s welcome page. Now you have your Amazon account.

Step 2 – Register your Account

From Home, tap on the Menu button, and then select Settings. Under settings, you then select Registration.

Step 3 – Specification of Amazon account

Select “I already have an Amazon account” option. Enter the information about your Amazon account and select Register. When the registration is done, your name will show up as a Registered user.

Formatting and publishing the book

For the step – by – step procedure to follow when formatting your e-books, go to http://g-ecx.images-amazon.com/images/G/01/digital/otp/help/Building-Your-Book-for-Kindle.pdf to download the pdf file. When you follow all the laid down steps you e-book tends to be formatted the best way without no error. The Kindle Direct Publishing supports many format, which are as follows:

·        Word (DOC / DOCX)

·        HTML (ZIP, HTM, or HTML)

·        MOBI (MOBI)

·        ePub (EPUB)

·        Rich Text Format (RTF)

·        Plain Text (TXT)

·        Adobe PDF (PDF)

·        Kindle Package Format(KPF)

Using Word (DOC/DOCX) OR HTML (ZIP, HTM, OR HTML) is recommended by Amazon.

Step by step guide to Publishing your e-book on Amazon  

Step 1 – Login to your account

Go to kdp.amazon.com. Log in using your amazon account and go to your Bookshelf.

Step 2 – Create new title

Check through the New Title Checklist for things that will needed.  Click on the “Create new Title” button.

Step 3 – Enter title Information

Click “Browse” button and locate your e-book on your computer. Select the e-book and click on “open”. Your e-book will start converting to kindle. After this process a confirmation message showing that your e-book upload and conversion are complete will appear. You can then preview your e-book with either the Online Previewer or Downloadable Previewer to see how your e-book will look on kindle devices.

Step 4 – Confirm Your Publishing Right

Scroll down and locate “Verify Your Publishing Rights” and choose the publishing rights status for your content. Select “this is not a public domain work and I hold the necessary publishing rights.” Enter your pricing information, choose your Royalty option, set your list price and submit.

Keyword Optimization on Amazon Kindle

After writing, formatting and publishing your e-book, the next thing you wish for is continuous sales of your e-book. For your book to get noticed, you must try to harness the importance of Keywords. Keywords play an important role in sales of Amazon e-book. Going for the perfect selection of Kindle keywords will push traffic to your kindle e-book sales page and boost your sales which will bring in more money. Keywords are significant and should be used to your advantage. Keywords are target words or phrases that makes your e-books to show more in the Amazon’s search engine results. Your possible traffic will be greatly reduced when people have to search for the full title of your e-book to locate it. That is the reason why you have to make use of keywords. Knowing the right keywords will drive more traffic to your Amazon page and increasing the sales of your book in the process.

Try to keep your ebook pricing low for starters. This reduces the price barrier for potential customers. It is better to earn a dollar from 50 people than to earn 10 dollars from two people. Remember, the big income does not come from the sale of the ebook. It comes from other income streams implemented in you ebook. Look at the big picture. Generally speaking, a good starter price for an ebook on Amazon would be $2.99. Feel free to increase your ebook price after you have generated a couple of sales and have gathered some 5 star reviews. With more reviews comes higher perceived value and authority. Be bold enough to charge a higher price when you know you should.

It would also be advisable to run a promotion when your ebook is first published. The only way to get sales is to find people interested in your product. You can do this by whatever means you can think of. From social media to Reddit forum posts, the methods are endless.

Run a 5 day free promotion on your ebook. Join forums and facebook groups to promote your ebook and for people to review your book all for free. Use personal social media and whatever publicity you can find during this 5 day free download period for your ebook. This is to rank your book higher on the Amazon search engine and to obtain some good reviews.

Just a little bonus paragraph that I would like to add. It is recommended to add a biography on your Amazon ebook page. It really keeps the readers and potential customers engaged and helps them to understand you better as the author. A short and sweet example would be this:

Chapter 5: Affiliate Marketing Without A Website

Power of Affiliate Marketing

Affiliate marketing is a testament to the power of the internet. While several decades ago, your business would have required huge amounts of oversight and intensive management before you could ever consider taking a step back and enjoy the time you have freed for yourself. With today’s technology you can virtually set your business on autopilot for as long or as little as you like. If you feel like expanding and scaling your operations, no problems you are welcome to continue snowballing your cash flow. If you prefer to sit back and enjoy travelling the world, indulging in new hobbies or simply take advantage of the fruits of labor, your business (and profits) will still be there when you are ready to come back to work.

It is no secret now that many internet entrepreneurs are taking advantage of the new global marketplace and living lifestyles many of us previously would only dream of. We know now that it is not impossible to make an entire week’s wage even in your sleep. While this may sound like some kind of get rich quick scheme, I assure you it is quite far from it. While you can certainly get rich it does take some time and won’t be possible without a little prior preparation. What can be guaranteed though is that any work done on your affiliate marketing business will be well worth it, paving the path for future success.

So what is the appeal of affiliate marketing? It is essentially the perfect business model. Not only are there incredibly small startup costs (if any), there are no physical transactions, no handling, no processing orders and no managing customer inquiries. Your sole position is to act as an intermediary between the customer and the product supplier. By marketing digital products, customers will come through you, as the marketer, to purchase a product created by someone else. The transaction goes straight to the supplier and you receive a cut for marketing and directing the customer to the product.

So what kind of products are generally sold? As I mentioned in the previous paragraph, digital products are currently hot for affiliate marketing. The reason for this is the ease at which the transaction takes place. The product is sent to the customer immediately, as well as the payment. This leaves very little variables which can affect your business or the customer's experience. Digital products can be anything from an informative ebook product, online course or even a subscription to a service.

There are countless affiliate marketing programs, with many internet retailers and service providers offering incentives to marketers who drive traffic to their wares. This means that you are welcome to explore options other than digital products. A great example of this and a great means to getting starting is the Amazon Affiliate Program. This allows you to list Amazon products in your online store or through strategically placed links in value added publications.

Magic of Sales

Of course affiliate marketing still comes with a bit of work, keeping in mind that you can never be rewarded by not first putting in the work. When thinking of affiliate marketing what would be the most essential skill? You guessed it, making the sale. You can set up an amazing operation filled with fancy photos, colourful headings and tell everyone how great the product you are marketing is but if your customers can’t see the value in what you are offering, you won’t make a cent. This is where the magic of sales becomes paramount and will determine just how much of an impact your business can make.

You have probably come across an affiliate marketing offer at least once every time you log onto the internet. It is literally everywhere which is why we are urging people such as yourself to get on board with this online gold rush. This is where it gets tricky. You are probably thinking “Hang on I haven’t seen an affiliate marketing ad for a long time, in fact my ad blocker does a good job of preventing it.” I afraid to say this is where you might be wrong. There is a huge difference between what makes a great affiliate marketing campaign and one which needs a lot of work.

Lets first of all go into what would be seen as a poorly implemented affiliate marketing business. Most of these pump quantity over quality and it shows. You generally see these in pop up ads, annoying emails or obvious product plugs. Sure these work but usually only on a mass scale. What this means is you are essentially doing more work for less leads which can be tiring and discouraging. With that said let's get into what a high quality affiliate marketing operation would look like.

These are usually the work of social media celebrities, authority blogs or large online stores. This kind of affiliate marketers take advantage of quality over quantity. They rely on constantly adding value to grow their subscriber numbers who in turn provide an enormous base to sell products and services through affiliate marketing opportunities. A good example of this would be a Youtube channel creating daily fitness tips and exercises, slowly building a strong list of subscribers. Every now and then this youtube channel will take the opportunity to review a product or simply mention it in passing as something that has helped them throughout their journey. This subtle yet highly valuable mention will have subscribers flocking to those affiliate links to get a piece of this product and earn the youtube some serious commission.

The best advice for converting those leads is to constantly be adding value. Cutting corners is a mistake countless aspiring affiliate marketers make only to wonder why their operation hasn’t taken off. By providing something people want to see and highly value, you have a greater chance of building true fans and offering them something they want, helping expand your operation. Great value = great commission.

Getting Started

While there are countless affiliate programs out there to take advantage of it is best to stick to what is tried and true, at least in your first few weeks as an affiliate marketer. This allows you to focus on your delivery and marketing channels rather than where your products are coming from or what commissions you are getting paid. As mentioned earlier in this chapter, there are some great programs to start with the main three being Amazon Affiliates, Ebay and of course ClickBank. In this section we will go into what exactly ClickBank is and how simple it is to set up an account and get started.

You may have heard of ClickBank in the past and maybe realise that this is the go to for a large majority of affiliate marketers. There is a perfectly good reason for this. Firstly ClickBank is one of the first true affiliate marketing powerhouses. Not only is ClickBank one of the largest online retailers, the product list is enormous with approximately 6 million unique products listed in the library. All of which have been created by passionate internet entrepreneurs such as yourself.

The list of advantages for taking up a ClickBank account is long. Firstly ClickBank specialises solely in digital products, removing all kinds of restrictions from international delivery to limited stocks. Digital products also carry huge commissions on each sale upwards of 75% due to the fact that there are no need for storage, overheads, handling or packaging, it is no wonder why this is the choice of so many marketers.

In addition to this, these products literally sell themselves, with many having professional sales pages created meaning all you need to do is find a creative way to have your audience click on that link and be taken over to the pitch, letting the product work its magic. Another huge advantage is the level of detail provided on each product within the library. You can keep track of all kinds of analytics such as conversion rate, commissions paid, total sales as well as a preview of the sales page you will capturing those leads with.

So how can we get started on ClickBank you might be wondering? It is really quite simple just about anybody can do it, of course that isn’t the hard part but we will get to that.

1.   Jumping straight into http://www.clickbank.com/ you will notice a nice catalogue of just some of the products you can offer to your leads and even try some out if you feel like doing a bit of shopping. But we are here to create an account so you do that by clicking the create account button in the top left corner.

2.   You then provide your personal information through the online form and set up your account.

3.   Once you have your account established, it is time to start figuring out what it is you are going to sell. It is important to note that you cannot just pick out a product that you think looks great or has a good conversion rate and start spamming links. This is where many affiliates find themselves stuck and not pulling good commissions.

4.   Find a Niche. This is crucial, you need to find a particular piece of the market that you want to gear yourself towards and focus your energy. This will determine the products you want to start selling and will be the foundations on where to build your business. There are many helpful resources available online for finding a niche and it is important to pick something that will not only keep you interested but will also be something in demand. Do this step right and the rest will fall nicely into place.

5.   Build your platform. You will obviously need a channel to connect the consumer's with the vendor’s products who you will be marketing. Now this doesn’t have to be a full website or blog. The great thing about ClickBank products as I stated earlier, they practically sell themselves. All you need is a link. This means if you have, or even know someone else who has a highly active social media account, this can be a great opportunity. Just keep in mind you want to be constantly adding value, not just spamming links.

6.   Growing your audience. Given a majority of us don’t have followers in the millions on Instagram or Twitter, growing your audience will be the next crucial step. Keeping your niche in mind, you want to be constantly in line with your target market. This means you will be thinking like they think, talking like they talk and sharing things they would share.

7.   Promote Products. Now that you have a solid following it is time to get started promoting your products. Remembering that you are the voice of your niche you don’t want to do something that might upset them. This means that whatever it is you are promoting needs to come with a reason, again constantly adding value. For example your niche might be people who love camping. When peak season starts to roll around you might offer an ebook on how to camp anywhere for just $20 a day and of course write a bit of a story around it. You might want to say you have tried it for a month and can vouch for its success.

Supercharged Passive Income

As I mentioned at the start of this chapter, affiliate marketing is a testament to the power of the internet. The reason I say this is because affiliate marketing can be seen as the grease that turns the wheel. It can be responsible for some of the biggest profits out there in the industry. The reason for this is that it can be applied virtually everywhere and by mixing and matching various passive income methods mentioned earlier in this book, you essentially supercharge your passive income.

When I say supercharge what I mean is that any work you might end up doing in some of the other online passive income methods, can be integrated with affiliate marketing. This means that if you have a strong email list built over time to be used through other means, adding some affiliate links is a sure way to earn even greater profits. While we can go into exactly how this is done a little further down it is important to know just how flexible affiliate marketing can be.

There are opportunities within any online business to refer affiliates and make commissions on products and services related to your niche. While ClickBank is the strongest contender here don’t forget there are thousands upon thousands more programs to take part in. This could be as simple as hosting a weekly email list on places you plan on having meet and greets for other travellers in Europe for example. Travellers will join the list to follow you on your journey throughout Europe while meeting others doing the same. This also means that every now and then you can drop an affiliate link to take part in certain activities you might be interested in such as taking a yacht out on the Mediterranean or hot air ballooning across Italy both of which have affiliate programs to take advantage of.

Email Marketing

Of course email lists are probably one of the most simple yet immensely popular methods of affiliate marketing and are even more attractive seeing as you don’t even need a website to reap the rewards. Building a sufficient list can be done in a number of ways:

Survey - Simple yet very effective, especially for nailing that niche. By building a survey around common issues which might apply to your niche you can capture emails while doing some valuable market research.

Ebook For Emails - You would have likely come across this at some point. Common with blogs, you will find that the offer to receive a free book will be posted straight to your email. While this one is slightly overdone if you have access to a large audience you can accumulate a decent list by writing an ebook, report, list or whatever else you feel your niche will enjoy reading.

Webinar - More common for larger companies yet very effective. By handing over their email your audience receives access to a free webinar. This gives you a chance to show them what you plan on selling yet delivering a large amount of free content to keep the audience engaged and interested.

Competition - A great way to have a bit of fun while also building a list. By offering something as a possible reward for entering their email, you will be able to target your niche and amass a list of hungry customers. Focus your prize on what your niche would want for best results. Going back to our example of travellers in Europe, you might want to offer a free night in a hotel or plane tickets to get them excited. This one can be repeated often and is great as the value you provide is in the reward and not necessarily your hard work.

Once you have collected a strong list of emails from within your niche you can start building campaigns. As mentioned previously this can be easily done through programs such as Aweber and MailChimp. You need to be aware of sending out content that people want to read not just a constant flow of affiliate links. Your main objective in the first month of having your email list is to retain subscribers and see what works. This basically means to provide informative content and keep your readers interested and every now and then you might want to build an email that will revolve around an affiliate link.

It is best to think outside the box in this case. Most people have been part of an email list at some point in their time online, they can often tell the difference between a genuine email providing them with useful information and an obvious marketing ploy. This is why when writing your emails they need to be constantly providing information as your subscribers come first, profits second.

I am not suggesting that you will want to make sure to keep them happy at every point because that is never going to be easy. In the case of email marketing, your subscribers are your most valuable asset. Without that list of subscribers your promotions will just be blasted off into the darkness never to be read or click. This is why you must keep them engaged, excited and loyal to what you are creating.

A good rule of thumb is to have about 20% of your emails sent out as affiliate promotions. This means that you will be sending out 1 out of 5 emails with an affiliate link hoping your subscribers will be clicking and purchasing whatever it is you might be promoting. The other 4 are packed full of valuable content. Content such as free products or trials, relevant information they will find useful or even things you might find online that you think they will enjoy checking out.

The reason this method is effective, is that it shows the value in being subscribed to your list. If you were to swap that ratio around, by providing 4 out of 5 emails as something to purchase, you will find your unsubscribe rate jumping every time you decide to send out an email. The more impressive your content, the more subscribers you will gain and the greater your reach will be for selling those affiliate products.

Youtube

Youtube is another affiliate marketing powerhouse, you would be surprised to find how many youtube videos take advantage of affiliate revenues. Videos can be as simple as mentioning a product in passing and linking where to find one to the affiliate or more complicated ideas such as entire product reviews. When going down the product review path keep in mind that motto of always adding value. The reason for this is that your viewers are going to see straight through if your product reviews are always positive, tacky and clearly just disguised advertisements. You want to be able to provide actual reviews, always referring back to your affiliates even if that means you might not make a sale on not so great products. The point is you will be gaining something much more valuable, subscribers who show loyalty to you.

 Another way to use Youtube in conjunction with affiliate marketing is to provide informative webinars. By providing an expanse of information for your viewers, you can capture their attention, give them plenty of free information and then hit them with an optional extra in the form of an affiliate product.

A great example of this might be someone who is working within a graphic designer niche. They might film a Youtube tutorial giving insightful tips on how to master some of the basics of graphic design. The video will engage the audience, capture their attention while providing them with useful advice. You will then close the video with an opportunity to take up a course through an affiliate, Udemy being a great example, to further their graphic design skills.

Chapter 6: The Beginning of the End

What many fail to realize is that there is an entire world beneath of fingertips that can enable us to live the life we always dreamed of. Of course it is never without hard work which could very well be why more people aren’t getting involved. Though with a little endurance, determination and motivation, you can create something that will provide for you long after completion. This is something that can end once and for all that dreaded time for money trade that so many workers around the world can’t seem to break free from.

This is just the beginning. What we have discovered in this book is the mere basics for you to get a head start in the world of online passive income. For it to truly be a life changing experience you will need to fully immerse yourself in not only the education but the practice of these activities. Start small and continue building, scaling and reinvesting your time into these projects and you will soon start to see massive payoffs into the future. With the technology of today you have a choice. You can work over the next 40 years and save up for a retirement that may not even be guaranteed. Or you can work hard over the next few months and see your life provided for not only sooner, but secured for the long term without any intervention.

In the opening chapter we talked about the Winners Mindset, the ability to take on the challenges and remain positive and enthusiastic. This has never been more relevant now than ever before. If you want to see success in your life it is up to you to create it. Never be a victim of your circumstances, instead turn every challenge into an opportunity and as an example of your perseverance.

Each step of the way you will encounter hurdles which must be overcome though these are mere tests to show how much you really want this. If you want to see results from your work, overcome these tests and be the best you can be despite what might be happening along the way.

We touched on the power of Youtube in the second chapter, this cannot be overstated. Youtube is becoming something much greater than we could have ever anticipated. With television viewership slowly declining with the rise of online video streaming such as Netflix and Youtube, you have access to potentially limitless market. The advantage of using Youtube over older mediums such as television or radio is that you not only have full access to your potential niche through crafty marketing techniques, you can get involved with no startup costs. A huge advantage when moving into this business.

While Youtube may very well be the internet's answer to television, email marketing lists could be the equivalent of newspapers and print. The reason for this is that you will be delivering content to your list every week or more. By having a list geared towards your niche you have the perfect audience to market products and services to which be extremely valuable when starting out as you can maintain your list with little or no startup costs.

In Chapter 4 we also touched on a rising trend, being Amazon Kindle ebooks. Ebooks are fast becoming the alternative to print with sales surpassing that of print books in recent years. This provides enormous opportunity to make solid passive income by writing on topics you not only have extensive knowledge in but also thoroughly enjoy as these are what your readers will see as the most valuable. Again try to avoid publishing solely based on much you want to earn. You want to be able to create something that others will see as valuable and for that work, you will need to see value in it yourself.

To tie all these passive income methods together, affiliate marketing is the sticky glue that will supercharge your profits. By promoting other companies products you have a huge advantage in the fact that you don’t actually have to store, ship, handle or even create a product, you simply have to be good at connecting with your audience and offering them something they want. The affiliate marketing programs are endless with many of the tried and true, such as Amazon Affiliates, making enormous profits for many internet entrepreneurs. Best of all affiliate marketing can be used on all of the channels we mentioned throughout this book from Youtube videos to Ebooks.

Passive income has always been a goal of the wealthy. It literally means, income without action. You can earn in your sleep and find you made hundreds in the hours you were dreaming. The advantages of this working lifestyle are numerous, you are free to travel, spend time with family, take up hobbies for the first time and focus on what is important. While the road may be long, the rewards are well worth it. It is extremely important not to be discouraged when things might not be working as fast or as well as you hoped. Every challenge is an opportunity and every opportunity can be won. Protect your mindset and you will see the results of your hard work rewarding you slowly but surely over time.