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Now that youve chosen your market, find a way to begin sharing with your message, whether a blog or podcast or Youtube channel, or whatever platform makes the most sense for your intended market. Flynn says this is where youll begin to build a fan base and gather subscriber emails.

Wired cofounder Kevin Kelly wrote an article about 1,000 Authentic Fans, which essentially says that  states Flynn. .

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Utilize your foundation to build your audience, and when youre starting out, take advantage of the fact that you dont have a big following to give more personalized assistance for your initial fans. The men and women who are starting out thats their advantage, '' says Flynn. They have the opportunity to speak directly with those people couple coming their way to find out what their issues are and give them the special treatment that bigger brands may not be able to do. .

Some websites Flynn recommends for learning more are Fizzle.co, InternetBusinessMastery, SocialTriggers.com, and MichaelHyatt.com.

You cant start charging right off the bat with no audience knowing anything about the value you provide (though you might nevertheless indirectly earn money from them with the ideal advertisements ). The best way to go in terms of a long-term passive income business is delivering value and information at no cost, and so establishing expertise, knowledge and trust with your audience, says Flynn. .

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Once your audience has grown and you have validation that youre offering them value, there are many ways to create passive income. You could sell electronic products like ebooks or courses, take affiliate marketing in that you promote other companys products and earn a commission when you sell that thing for your audience, build a community and cost people to be a part of it, create software and promote this, among other avenues.

Flynn has created many different products. While his LEED exam is what got him started, he's earned a commission from selling other peoples products and offered a commission to others who'd sell his merchandise, and recently Our site created his very first software, SmartPodcastPlayer.com, later realizing that many online podcast gamers provided only the basic stop/start/volume features.

We sold out 250 beta licenses in less than 24 hours, because I had been addressing a need but also, I had built up an audience and hope together When you construct that amount of confidence with helpful resources your audience, whatever you come out with, they will adore. .

If youre concerned about launching a new product, and think you may need some comments to ensure it is really good, Flynn recommends pre-selling an idea for instance, offering a limited number of spots or chairs into, say, a course you create and giving the evaluation group specialized attention so you can see the way to improve the content.

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Once you start to find some success, dont be led astray from the money. like it While Flynn does use affiliate marketing to make money, he only ever recommends products that he has personally used and likes. He is inundated by offers to earn $50 per sale through commission on merchandise he has never even tried.

I only use products Ive used before, since that trust you've got with your audience is the most important thing in the world. He says in the event that you really do recommend a product for the incredible commission but your audience gets a bad experience with it, your credibility will be taken. .

The moment that you begin to do things for money, the moment you begin to lie in your sales marketing copy, the moment you begin to place dishonesty in your job is that the moment you should reconsider why youre doing that work in the first place, says Flynn.

In order not to succumb to this, Flynn says its important to know your motivation. Passive income is important to me not only for the financial security but I can spend some time with my loved ones, '' he says. Ive been in a position to work at home and witness all my children firsts.

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The Keys of Successful Passive Income Opportunities4.8 (96.92%) 13 votesHow Earn Revenue Like a Guru using Proven Passive Income OpportunitiesCreating a passive income flow requires a bit more work and study front and there are simply certain specific areas which have proven successful time and period again.But, the foundation which you produce for this type of business will continue to bring in a flow of revenue turning website visitors into long-time customers from that single sale.A passive income stream in your portfolio can allow you to increase your earnings and speed up your financial targets in exponential ways.