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So I'm curious to know how other people generate passive income. We all know that Steve has a high-traffic blog that generates ad revenue and referral fees. He also has affiliate programs, does some public speaking, and his wife runs a magazine. I don't know that any of those would apply to my situation.
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Hi,
I'm kind of in the same boat except that I still have a job right now but I really need to quit. I have done it for the past 11 years and I can't stand it anymore. Generating passive income has been a goal of mine that I've been working on for the last year.
I really didn't start to take action on it until about June of this year. I looked at a lot of different things but I ultimately chose to dig deep into working on affiliate marketing with mostly pay per click ads and article marketing.
It was a struggle at first but now I am profitable and growing my business every day. You can see my signature link if you want to check that out as an option for passive income. Wealthy Affiliate has helped me in ways you can't imagine. It's an outstanding community and a very helpful group.
Ultimately though, there are so many ways to make passive income online that you could do well at. What I'm finding is that it just takes finding something that you like and that you know will work and stick with it.
I see a lot of people who just dabble in one thing or another and just jump from trying one thing to the next without really trying to master a particular method of generating passive income.
Research and pick something that you think you will like doing. Then stick with it for a while and really try to make it work. Then as you go along, you can try to branch out and spin off new ways of generating passive income. Don't spread yourself too thin trying a bunch of different things at once. Get one thing profitable and then go on to the next.
Thad