PASSIVE INCOME: 10 Ways to Make Passive Income Online
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PASSIVE INCOME: 10 Ways to Make Passive Income Online

– Hey everybody, this is Roberto Blake, of helping
you create something awesome today. So today we’re gonna talk
about 10 different ways to make passive income online. And I’m really excited about this, because this is probably one of the most important videos that I’ve ever done, because this will actually help people achieve financial freedom,
make some extra money, give themselves a raise,
maybe put some money away for their kid’s college, so I’m super excited about
this particular video. Now I’m not one of those internet gurus, who is trying to sell you on the idea that passive income means not having to work, or get up early, or do anything like that. It’s freaking hard work
and it’s nothing new. The top Fortune 500
companies in the world, are making passive income right now. You just have to change
the way you’ve been thinking about it, so
that you don’t think of it as a scam or a myth. And there’s a lot of ways you can really think about exactly how this works, and has always worked. And reality is that, right now, whoever is doing the, or has the licensing in Netflix for a show like Dawson’s Creek, or Roswell, or something like that, from years and years ago. Guess what, the actor’s
might not be making any money from that right now, or they might. It’s called, they might
be getting royalties. But whoever controls the licensing, and was able to sell that to Netflix. Whoever had the rights to the whole thing, they’re making money years after that show is already off the year. The camera man, who showed up every day, he’s not still making money
off of Dawson’s Creek, or Smallville, or whatever. But whoever owns the licensing to that intellectual property, is
still making money today. The person who invented the paper clip, their descendants are
still making money today. So when you think about
passive income from that perspective, you realize that the largest corporations in the world
are raking in passive income right now, while
you’re waking up and grinding, which by the way, you should probably still be doing. But, they are doing that, and making money on the backend. CEO’s
could probably stop working today, but because they own their company, they will make residual
passive income everyday, whether they show up and
run the business or not, or whether their general
manager or their VP does it. So, you have to start thinking about it in that way. So here are ten ways that
you can actually start making passive income,
and a lot of them are really easy, and you
can do them right now. For one thing, if you don’t own your own intellectual property, it’s okay. You can do what’s called
affiliate marketing. Affiliate marketings from
programs like Amazon, or Commission Junction, or even through individual web hosting companies, like Blue Host, and Go Daddy, and One in One, all allow you to sell their products, or their services, and
you will get a commission for it. That’s what
affiliate marketing is. So if you read a book, like, let’s say, the Ask Gary Vee book,
which is one of the best books to buy right now, is a blue print for entrepreneurship. So buy that book with the link in the description below. See what I just did? That is affiliate marketing. So I want you to buy Gary’s book, and learn about how to be an entrepreneur, or how to grow your
business, and if you do, I’d probably make a couple bucks. So that right there, is a primary example of affiliate marketing. Now granted, you should do that for things and products that you believe in, and you know, and that you are reputable to speak about. If you’re a photographer,
talk about the camera gear that you own, and
review each piece of lenses, and camera bodies, and your lighting equipment, and
get people to buy those based on your recommendations. Or recommend alternatives to those, and that’s a way to do
affiliate marketing. That’s just one example. You can do affiliate
marketing whether you’re a photographer, an artist, a makeup guru, whatever, it’s something
that you can do right now, just by talking about products you own, and products you love. Now, a lot of you might be thinking, well, if I do that,
that doesn’t necessarily mean I can quit my day job, or that I can create
financial freedom for myself. You’d be surprised, actually. You’d be surprised. I’m not allowed to talk
about certain numbers, from certain programs, but
I can tell you right now, that I do very well in Amazon. I probably do somewhere between 1,500 and 2,000 dollars a month, in Amazon affiliate marketing, right now, based around my content. So that’s just a primary example. I can tell you that other affiliate marketing programs like Blue Host, the web hosting company that I use, and that I do affiliate
marketing on behalf of, whenever I get somebody to sign up for the cheapest Blue Host plan, I get 65 dollars. Right now, there are
many of you watching this video that are making 65 dollars after working all day busting your hump at your job right now.
Whereas, if you were able to actually get two people
to start a new website, you’d make 130 dollars for that day. Granted, that will pay
out 30 to 60 days later, but again, this is the earning potential we’re talking about.
And so, I would say that taking advantage of programs like Amazon, Blue Host, and Commission
Junction are a really good way to make passive income. And, even if you have no
intention of ever leaving your day job, this will
give you that 5,000 dollar a year raise that your boss
just isn’t gonna give you, and is not gonna write a check for. So affiliate marketing is
one of my favorite ways that you can make passive
income, but there are other great ways that you can as well. One of them, is creating
your own products. Like, writing a book? Or
maybe your thing is that you’re really good at
making music in Garage Band, or Fruity Loops, or whatever.
You can actually sell products online, whether they’re a book, whether they’re videos,
whether they’re music, you can sell these products
online in things like Amazon and iTunes and
Google Play, and you can make passive income. This is the same as the same big companies that are selling their
DVDs or their downloads. You can do that too,
and the beauty of it is you can go directly to the marketplace, and not need to sign with a label, or a publishing company. The guy who wrote The
Martian, whose name escapes me right now. He put
his book out for free, and his audience demanded that they be able to read it on their Kindle, and on their iPad. So
he went directly to the marketplace, and more
people bought the book, than downloaded the free version when they could before.
Or went to the website and got the free version. More people bought the book. It was an instant Amazon best seller. All of a sudden, all
the publishing companies that turned him down, and mocked him, and laughed at him. All of a sudden, they had to come crawling
back, and they wanted to offer him a deal,
and that’s how the book went to print. And later,
he sold the licensing rights, which is another
way that you can make passive income, for that movie. So licensing your content, licensing your intellectual property, whether it’s the rights for your book, or your idea to become
a film, or a television show, is a great way
for you to make money, and to get royalties so
that you’re paid for life off of that, as well as
sell the product directly. So these are two great ways, that you can make passive income. And again, you can do
this whether it’s the licensing of your idea for a movie, whether it’s selling part
of the rights to your book, whatever it is, you can do that, and go directly to the marketplace and sell your product,
or you can license it to somebody else, and make
money on the backend. Tip number four for making passive income, is speaking of licensing, there is a such thing as stock video, stock photography, and stock audio. By selling stock
resources, you can actually make royalties off of
that forever as well. If you’re a photographer,
and you shot some great landscapes, or you
have some stuff that you bought from the dollar
store, you shot against a white background, like a piggy bank, marketers like me buy stock photos, by the drogues all the
time to use for banner ads, and for print ads, and for billboards, and for things like that. So you could make a lot
of money off of marketors and designers if you’re a photographer, and if you shoot video, you can sell to video editors
and to marketors as well, as far as stock video, we’re
always looking for that stuff, and we want that to be
royalty free, so we’ll pay for the rights to use
it, and if we want it to be exclusive, we’ll pay even more. So producing stock audio, and selling that to people in a marketplace like iStock, or Audio Blocks, or
Graphic River, or Invato, all of those things are a
way to make passive income online forever, having
done the work one time. So if you make a lot of these things, you stand to make a lot more money. If you have like 100 beats to sell, you can package and bundle some of them, you can sell them individually, and you can sell them in
multiple marketplaces. You don’t have to do
marketplace exclusivity. You get more money if you do, but you can sell them everywhere and make a lot of money. You can do the same thing
with your photography, or if you’re a graphic designer, you can make some simple graphics, you can make word bubbles,
you can make arrows, you can sell banner ad templates, you can sell website templates, and this will make you money online. So, selling stock graphics and stock audio and stock video is a great
way to make passive income, because again, you’re selling a product. One of the other ways you can make passive income online, is through
online advertising. Online advertising through Google ad sense and other marketplaces are a great way to make some real money. Now granted, it’s pennies on the dollar, but if you have enough
content in enough places, it all adds up. You could also use affiliate
marketing banner ads and links along with these
Google ad sense pay per click ads, and that could
be a good way to make some money in different ways. So if you have a blog, you
can do Google ad sense, and you can do the other ad marketplaces, but you can also use
your affiliate marketing there as well, and then
you have more shots at making real money. So, I would highly
encourage you to sign up for as many of those marketplaces as you can, and get in on Google ad sense,
as well as some other ones. A sixth way you can make passive income, is through direct video marketing. Now, this works in a
couple of different ways. There are video platforms
outside of YouTube, that pay you, like Daily
Motion has a way to pay you, and so does Vimeo, as far
as paid on demand videos. So you could use those marketplaces. YouTube also is connected
to Google ad sense, and that is another way
to make passive income. So you can use video
content, and pay video, to make passive income online and that’s another great opportunity for you. Another way you can make
passive income online, is through sponsored content. Now, the way sponsored content works, is very different, depending
on who the sponsor is. You could get what’s
called, pay for performance sponsorship, which means
that they will pay you in proportion to how
many views that you get for your content, whether that’s a video, whether that’s a blog post, whether it’s a podcast. They’ll pay you based
on either the downloads, or the views, or what have you. And that’s another great
way to make passive income online. Some people
want to pay you a flat rate, and that’s okay too.
Another option is also, they could pay you a commission based on what’s called cost per
action, meaning if your videos translated to a sale for them, and it’s trackable, they
will pay you for that. So it’s similar to affiliate marketing, but it’s a little different. Because instead of going
to the marketplace, you have a direct deal.
The commissions for that could be higher, than if
you did affiliate marketing, affiliate marketing is
usually lower percentages, anywhere from four to ten percent, but when we’re talking about direct sales, it could be higher. So
just look into that. Speaking of sales, another great way, and I think this is number eight, to go ahead and make
passive income online, is what’s called joint
venture partnerships. So if somebody’s launching
a product, or a course, and you’re what’s called a JV Partner, a joint venture partner, you
can sell on their behalf, and they will cut you in for the profits, and this could be 20%, 30%, or even upwards of 50% and that’s great. Now, you might be wondering,
why somebody might do that, but the reality
is, selling stuff is harder than people think.
So if you have ten people out there selling for you, getting 50% of the sales of ten people, is much better than getting 100% of
just the sales you can bring in by yourself. So that would be another
great opportunity. So you can look for joint
venture partnerships, by either working directly
with entrepreneurs, people in your network,
or just do a Google search and find out whose
looking for JV Partners, and see what you can bring to the table. Another way of doing
passive income online, is network marketing.
I’m not the biggest fan of network marketing personally, but there are a lot of
people who swear by it, and I would just say, make sure you’re not roped into a pyramid scheme. Look for something really strong, as far as network marketing, and something that’s reputable. Grant Cardone has a lot of great advice on this,
so I would highly recommend that you look into that. One of the final ways I’m
gonna talk about making passive income online, is selling actual, tangible products. Meaning,
that you can actually go into Amazon, or Ebay,
and you can sell existing products that you already have to people, whether they’re new or used. This can be great if
you happen to get a gift that you have two of,
you can go ahead and make some money by doing this,
by just taking a couple pictures and posting up for
sale and seeing who bites. This is a fantastic way
to make money offline, if you’re trying to go
ahead, and think of it as a virtual garage sale. So this is my tenth,
and final way for you to make passive income online. I might go in depth about each of these, later down the road, but these ten things are something that you
can execute on probably today, tomorrow, or within the week, if you really wanted to. Anyway, I hope this video
helped you guys out. This should probably help
some of you figure out how you can make a little
bit of extra money. A lot of these things are
things that I’ve done, I’m actively doing, or
have done in the past, or I specifically know
people that are first hand connection, who have taught me about it, so that’s why I’m giving this advice. Resource links for
everything I’ve talked about, are in the description below. So make sure you’re checking that out. If you still have questions
about passive income, and how to make it work for you, let me know in the comments section. I’ll try and answer as many
of your questions as I can. Anyway, like this video if you like it. Don’t forget to subscribe. Check out the other awesome
content on the channel, as always you guys,
thanks so very much for watching, and don’t forget, create something awesome today.


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