8 Passive Income Ideas With Proven Potential to Generate Revenue Fast
There are a ton of passive income ideas online. Nowadays, everyone is wanting to know how to create another stream of cashflow for themselves or their family. Some of the suggestions include writing an ebook, create an online course, start an Etsy Shop, do Airbnb, open a batting cage, open an automated car wash...lots you can do.
But "passive" income ideas aren't always as passive as they seem. Many of the above mentioned ideas require massive capital to begin and high touch management to sustain.
And while all of those may be valid suggestions, who has time? In your already busy work/social/parenting/dishes/schedule, how do we create something with continuity that will pay us every month predictably?
Don't even get me started on one-time sales. There's a time and a place for them, but they DON'T fit into passive income ideas. You should invest your time into creating a passive income funnel that requires your customer to reorder monthly.
You want to build your MRR. Monthly Recurring Revenue. This is a cash forecast machine that will create a layer of passive income to help you break free from whatever context you are trying to currently escape (job you hate, economic class you hate, etc).
There are so many passive income opportunities promoting products that are already making customers happy for RECURRING COMMISSIONS!
But, you don't have to have your own product to get started. That's where affiliate marketing comes into play. You can sell someone else's product and get recurring commissions for it.
That's the beauty of affiliate marketing.
If you've never done affiliate marketing before, you should really entertain it as a possibility because it's a fantastic passive income stream that my family and I enjoy. For me, affiliate marketing has been as easy as talking about tools I'm passionate about and use everyday. Luckily, it’s not that hard to start. You can set yourself up as an affiliate, place links on your website, and jump on the path to earning commissions, all within a couple of hours.
So without further ado, here are 8 of my personal recommendations for creating a passive income.
Sales Funnels and Passive Income Ideas
Last year, Clickfunnels paid over 11 MILLION dollars to its affiliates, and they’re hoping to pay out more this year. Once a person becomes a member of Clickfunnels using your affiliate link, you get paid 40% commission off of every person you refer. There are two levels of Clickfunnels membership. A $97/month level and a $297/month level. So if a person buys the first level, you will be making about $40 a month from just that customer.
In my own experience, I actually hit $265k lifetime earnings (last couple of years) because of the supplementary commission you get from the products your customers buy. That’s a lot of money for not having to do customer support or software development.
Clickfunnels is a tool that helps you build your sales funnel, website, online course, you name it!
Email Autoresponders Passive Income Ideas
With AWeber, you get paid a 30% recurring commission from every subscriber that signs up under your affiliate link! There is a wide ranges of pricing based on how many subscribers an AWeber customer may have.
AWeber is a wonderful email automation service that is going to save you and your prospect so much time which makes it so easy to promote. Also, every online entrepreneur needs an autoresponder, so this is a great market to go into. Learn more about the AWeber affiliate program on the AWeber blog!
ConvertKit also has an amazing affiliate program. You get a 30% recurring commission from each referral. Like AWeber, the pricing is different based on how many subscribers a customer may have.
ConvertKit is specifically designed for bloggers, podcasters, and other audience-building businesses. It's easy to use, awesome with data, and has amazing features. If you're looking for a an easy and effective way to manage your email list, sign up for ConvertKit!
GetResponse is another awesome autoresponder to promote! You get 33% recurring commissions for every sale you make. Click here to be a GetResponse affiliate.
SEO/Keyword Research Passive Income Ideas
Once a person becomes a member of SEMRush using your affiliate link, you get paid a 40% recurring commission off of every person you refer. There are three levels of SEMRush membership. A $99/month level and a $199/month level, and a $399/month level. So if a person buys the first level, you will be making about $40 a month from just that customer.
We're living in a world where SEO is the backbone of a successful blog, and SEMRush is an amazing tool that helps you find your most profitable keywords. This is a powerful tool for you and potential customers to create easy revenue. It's simplicity and customer satisfaction makes it easy to promote. Learn more about their affiliate program on the SEMRush blog!
Long Tail Pro is a powerful keyword research tool that generates thousands of unique keywords based on a single word or phrase. It helps you find the best opportunity to rank for low competition words.
For each sale that you make, you will receive a monthly 30% commission. There are three levels of pricing with Longtail Pro. $37/month for the starter plan, $67/month for the pro plan, and $147/month for the agency plan. Longtail Pro is a fantastic tool for SEO and has been one of the keys to my success with affiliate marketing.
Tracking and Traffic Passive Income Ideas
With Udimi you get 15% from all solo ad sales from all your referrals. This means, if you get 10 customers buying 5 solos each month worth $100 each, you will earn: 10 * 5 * $100 * 15% = $750 each month. In addition, you receive 25% monthly from all Prime members or 50% monthly from all Prime members if you are Prime yourself. The Prime membership us $29/month.
If you're trying to increase your audience, Udimi solo ads is a way you can get really quick, fast, traffic, and a lot of traffic to your site for pretty inexpensive prices. Udimi is fast, secure, and that there are hundreds of solo ad vendors to choose from.
ClickMagick is tracking software that allows you to track your links and campaigns.
The Clickmagick affiliate program is awesome! They actually offer 100% commission for the initial sale for each customer, and 35% recurring commission for life.
All of these products are great to use, and are great to promote! Affiliate marketing has been a great supplementary income for my family and I, hope you'll try one of these amazing affiliate programs.
Tips for Passive Income Ideas
SEO is going to be your best friend.
And this is where SEMRush or Longtail Pro can come into play and help. Knowing words and phrases you can rank for on the first page of Google is going to help you generate more traffic and therefore more commissions.
Videos help people know you more, trust you more, and like you more, which is crucial to creating sales! If people can associate a smiling face and trustworthy person with your product, they're way more likely to buy.
Promote something with recurring commissions.
The good news is, you receive recurring commissions with all of my recommendations in this post. It just makes your income more predictable if you're monetizing through subscriptions.
With all of that said, if you're considering joining any of these affiliate programs, Sales Funnel Blueprint is your next step. This is a product I've made and at the time of this post, it's only $29.99! It gives you access to the same marketing strategy I used to create over $265,704 in affiliate commissions without using expensive paid traffic strategies. It's all broken down into modules like How to be Successful Online, Copywriting, and Building Sales Funnels. All of the lessons are things I had to learn through trial and error and in selling it to you, I'm giving you the opportunity to learn it on the front end to catalyze your online business success.
This is a great opportunity if you're wanting to build multiple streams of income. With one income, you cannot build wealth. You need multiple streams of revenue to GET AHEAD and "snowball" your disposable income. You ned simple tiny business models. The process doesn't have to be overwhelming. The key is to start with tiny revenue streams that grow into tidal waves of cash.
When you sign up for Sales Funnel Blueprint:
• Training On Exactly How I Created Affiliate Business Models That Brought My Family Financial Freedom...We'll start with a grand tour of the business model that you can choose from in order to start snowballing your income into massive chunks of recurring revenue. VALUE $1997
• 1:1:1 Strategy: I'll show you my proprietary framework I created to start generating extra income quickly, with any product, so that you can enjoy more than a fixed paycheck or "stuck" business model. VALUE $997
• Affiliate Income Plan: Discover How To Create Affiliate Marketing Income...Don't have a product or time to to create one? Affiliate marketing allows you to sell someone else's product for straight profit. No dealing with customers, and if you choose the right offer, you can ride the wave for a long time thanks to one simple funnel. VALUE $1297
• Attract Traffic Strategy: You'll get access to my preferred traffic sources, how I get qualified eyeballs opting in and converting regularly, along with step-by-step walkthroughs of every single traffic medium. VALUE $1387
• List Building Secrets: You'll get how I leverage and build massive lists of prospects who are aching to hear what I will tell them next and desperate for the solutions I provide. List building is still the biggest asset activity you can participate in, but there are new secrets emerging with the emerging social media platforms. VALUE $997
• Sales Conversion Secrets: Pick up my tested and curated library of sales conversion techniques that allow you to master persuasion and convince prospects to become customers. This is the "icing on the cake" of every funnel and you can't live without it. VALUE $497
• BASICALLY, I'M SHOWING YOU EVERYTHING: After this masterclass, you'll be able to launch a new business of your choosing without the mystery or brain fog that would otherwise keep you from acting quickly and efficiently.
• TOTAL VALUE = $7,172
You'll also have access to:
• My Favorite Clickfunnels Share Funnels: Get my top three favorite and most used Clickfunnel share funnels so you can duplicate, swipe and deploy fast inside your Clickfunnels account. VALUE $499
• Youtube SEO Ranking Checklist: The total checklist that I use to attract FREE, qualified traffic for my affiliate income business. VALUE $1297
• Local Lead Generation Drop Box Folder: Get access to my master Dropbox folder where I've hidden my favorite local marketing hacks. I only give these to my personal coaching clients. VALUE $997
• Total Value + Bonuses = $9,965
If you want to go deep and get a great framework and structure of funnels that are done for you. If you want to access the skill set that I've used to build my affiliate businesses, then buy Sales Funnel Blueprint!