What is passive income online?

passive income online

What is passive income and how can you start creating it?

Today I would like to discuss the power of passive income online. So first of all, what is passive income? When I hear the phrase passive income I think of something that I do the work for one time and then I get paid for that work over and over again. 

A great example of this would be a You-tuber (Pick your favorite and input the name here). Whoever you like, if they have amassed even a small following of lets say a thousand subscribers. YouTube will offer that You-tuber the opportunity to start showing ads on their channel. Then, at the end of every pay cycle, YouTube pays the You-tuber for all the ads viewed during the pay period.

You-tuber's essentially create a video ONE TIME. That video is then picked up by the search engines and displayed based on the keywords that were used in creating the video. At the same time, when the You-tuber uploads the video any current subscribers that have elected to receive a notification that the You-tuber has just uploaded a new video will get a notification.

The number of subscribers a channel have isn't near as important as how active the subscribers on the channel are. As you can see in the video below created by Techquickie.

So as you can see, a You-tuber creates a video one time and from then on that video remains on the internet and can be watched over and over an infinite amount of times. All the while the You-tuber that created the video is most likely getting paid by Google Adsense.

This is just one example of what a passive income stream looks like but I think its one of the best examples of passive income online.

Passive Income Online Sales Cycle

Another passive income idea is to set up a system online that will make you money 24/7/365. This starts out with a lot of hard work and blood, sweat, and tears.. but it ends up to be something that will make you money literally while you are sleeping. 

I won't go to in depth about how that works here but I will give you a quick overview of how that looks. 

You need to create a product or begin promoting a product of someone else's. Not just any product, something that you would be proud to be apart of and something that has a proven track record. Ideally, something that has been around for a long time and that will continue to be around for a long time yet to come. Something that you use currently or something that you used to get you a specific result.

I personally believe in Wealthy Affiliate and I have no problem standing beside their label because I know that they deliver a quality product that is going to be around for years to come and is there to teach people several ways to make money online.

Once you have a quality product picked out then we move on to setting up an autoresponder series that will engage your customers and at the same time do the bulk of the heavy lifting for you. In case you are wondering, an autoresponder is a piece of software that automatically responds to individual queries in a way that is predetermined by you when you set up the software. 

In a nutshell, the autoresponder is going to be used to collect names and email addresses of potential clients and add them to a list. An email marketing list. If you have ever heard the phrase "the money is in the list" this is where that saying comes from. This list is your most powerful asset in your business. 

After your autoresponder collects the name and email, it will then send your now established client on to either a bridge page, your product sales page, or anywhere else you have set the autoresponder up to send them to. 

In case you were wondering, a bridge page according to Quorra is: A bridge page is a web page that comes after a capture page, but before the sales page. ... Bridge pages by AdWords are defined as websites whose sole purpose is to drive traffic to another site. 

This is pretty much the entire sales cycle. Your main goal within this entire process is to get active subscribers to your list. 

Affiliate Model 1

Affiliate Model 1

This is also passive income online. Initially, you have to put the work in. As you can see though, once you have a system set up and in place, it will work for you tirelessly for years to come. You only need to observe this operation to ensure everything is working smoothly. 

From their, if you want to scale up your operation then you can either create another cycle in a different niche or else you can start tweaking your current system to try and get the best opt-in and conversion rates. If you would like to learn more about these types of ways to make money from home, you can check out our main website at learnhowtomakemoneyfromhome.net for lots of free information. 

If you want to know more than our website can offer you, I highly suggest that you check out Wealthy Affiliate. They have something for everyone. Whether you are a full time entrepreneur or you are brand new to the online marketing world. I hope that you have enjoyed this short tutorial on passive income online. Thank you and I hope that you have a great day! Please leave any comments, criticisms, or questions that you may have below. 


What the Wealthy Affiliate University is about.

Review of what the Wealthy Affiliate university is about

We're going deep inside of Wealthy Affiliate to find out if it's worth your time or money.


BY "The Knightly Marketer" Joshua Horton, September 18, 2019 12:30 AM


Review of Wealthy Affiliate University
Review Summary

Product Name:


Wealthy Affiliate University


Product Type:


WordPress Plugin


Price:


$0.00 - $49.99 per month + Extra if you decide to go Pro with Jaaxy


Summary:


This review summary provides everything at a glance and makes it easier for you to get the information you want to know and decide if it's the right move for you to make the purchase.

You searched for it, now your going to get it. Your going to find out exactly what the wealthy affiliate university is all about. You just found an extremely in depth, comprehensive, and above all else, honest look at Wealthy Affiliate from an insiders perspective. I "skeptically" signed up for my free account on 8/24/2019 and have since then been going through every aspect of the platform that Wealthy Affiliate has to offer.  


Before we get into to much detail I want to take just a few moments of your time to explain something about Wealthy Affiliate that I feel is a common misconception. For some reason people seem to think that Wealthy Affiliate is "only" a way to make money from home. 


While it is true that you can make money promoting Wealthy Affiliate, that is not what Wealthy Affiliate was created for. Wealthy Affiliate is a vast knowledge base of information and training that allows you to learn how to create a successful and sustainable business as an affiliate marketer. Wealthy Affiliate gives you the tools, training, community, and the resources to help make you a successful business person online.  



Not a Scam Picture

I would first like to clear up any notion that you might have of thinking that Wealthy Affiliate is some kind of scam. You can rest assured it is not, they are not out to take your money, and they are not trying to feed you a bunch of outdated information.  In fact, Wealthy Affiliate is actually one of the most legitimate and truly extensive ( Regularly Updated ) and in depth online business training and educational platforms I have ever seen.  


I know your time is valuable and I don't want to take to much of it. However, there is a lot of information to cover about Wealthy Affiliate and I want to be fair to you and be honest with myself because I am not trying to sell you Wealthy Affiliate. I am merely pointing out my experiences and why Wealthy Affiliate may or may not be for you.


I also want to make sure that I give Wealthy Affiliate the attention to detail that it deserves because in my opinion It really does offer a lot of value for a very small amount of money in the long run.


Kyle and Carson have put together an extremely well put together training platform that will teach you how to build an online business that you can be proud of if you follow the steps to the letter and listen to what they have to say. But you need to understand right up front that this is a TRAINING PLATFORM that trains you how to become a successful affiliate marketer.

If your one of those people that just does whatever you want to do ( IE: Likes to jump around and implement the strategies that you want and leave out the ones that you don't like ) than this probably won't help you much and neither will anything else out there until you learn to focus on one thing at a time and dedicate the time and patience to understand what is being presented to you and also take the time to hone your craft.

What it takes to hone your craft.


BUT


This is not a push button system.

This is not a program for anyone looking for a quick money making method. So if that is you I will stop you right here because the methods that are taught in Wealthy Affiliate by Kyle and Carson are real implementable business strategies that will teach you the correct way to build a business from scratch. If you are patient and take the time to go through all the training materials and understand that you are not going to build a multi billion dollar business in a few days. It's going to take time.   <----- Learn How.

Like the nice graphic says. 🙂


If on the other hand you are a serious person looking for a legitimate way to make money from home in your spare time and you are not trying to rush to make money in the next two days then I would advise you to keep reading because Wealthy Affiliate has almost everything that you need as a starting entrepreneur and even has a lot of things that even advanced marketers use as well. 


I want to tell you right up front that I am obviously an affiliate for Wealthy Affiliate but I have no intention of lying to you or leading you down a path that I have not walked down myself. If you should choose to buy Wealthy Affiliate using any one of my links I will feel humbled and honored because it would mean to me that you not only appreciate the honesty of the review but also the fact that I try very hard to present everything in a very professional and businesslike manner for you, and what ever business opportunity that I happen to be reviewing at the moment. It just so happens that today I am writing a review about one that I actually believe in. Wealthy Affiliate.


First of all you need to realize that Wealthy Affiliate is not just a "business opportunity". I'm not sure there is even a word in the English language yet for what Wealthy Affiliate is. They offer so many different things under one roof. Here is an image that shows you just some of the things available at Wealthy Affiliate. However, this chart in no way shows everything. I just wanted to point that out. I think the graphic would be far to large if they tried to show everything you get when you sign up as a premium member for Wealthy Affiliate.

Wealthy Affiliate Pricing Chart

Hosting and Security

You can, host your self-hosted WordPress websites with Wealthy Affiliate while having complete peace of mind because you don't have to worry about security breaches on their lightning fast, redundant servers. They are always on the forefront of cutting edge technology and security measures. I personally appreciate that.

If you would like to see a live demonstration on how quickly and efficiently you can build a website and have it up and running using Wealthy Affiliate check this out by clicking here.


You can engage with a community of like minded entrepreneurs that are always very eager to spread positivity and lots of little tips that are working in their current business models. This is also nice if you have a question you can bet that one of the many other thousands of members have been where you are now and are willing to help get you an answer. The chat feature is really nice if your the chatty type. I'm personally usually very stoic in general. I'm more of a helper than a talker usually. 


You can purchase your domain names right inside of Wealthy Affiliate for anywhere from $13.00 to $15.00 per domain name. Which may be 2 or 3 dollars more than most other hosting providers BUT Wealthy Affiliate offers a true Secure Socket Layer that comes FREE with every single domain name you purchase. This is actually quite a big deal to because if you look the price of these up on a standard hosting provider they can easily run you upwards of $60.00 to $80.00. You also get Privacy, Personal Email, Free Daily Backups and support for all of the domain names that you purchase from Wealthy Affiliate.

Domain Name Purchasing Information


It's worth mentioning that you can only host 25 of your own domain names with Wealthy Affiliate for the premium fee per month. You also get 25 sub domains that you can use for your business which are hosted on the in house site rubix domain name. Your websites would look like this: yourdomainname.siterubix.com. I believe if you wanted to purchase additional domains that you could work something out with Wealthy Affiliate but in my personal opinion 25 domain names is plenty to keep you busy. Let alone another 25 sub domains if you need them. 

Jaaxy the Keyword Tool

You have access to the "Lite" version of the Wealthy Affiliate Keyword tool Called Jaaxy which can be found at jaaxy.com if you would like to check it out in detail. This tool will make your niche research way easier than trying to do it by hand. Jaaxy allows you to incorporate some interesting techniques such as "alphabet soup" and "brainstorming" to find niche keywords that are high in traffic search volume and low in competition. If you know anything about keyword research then I don't need to explain to you that this is an excellent thing to have on your side for your business. If you don't know what keyword research is don't worry Wealthy Affiliate has you covered because you will be covering this topic extensively in the training inside Wealthy Affiliate should you choose to join.


There are other keyword tools out there that might be able to do better things such as SEMRush.com or Longtailpro.com. However, those tools are extremely expensive charging upwards of $100 per month for the right to use them. Your welcome to check the prices for yourself and compare. However, Jaxxy does have some very unique features built right into your premium account. Not to mention you can also upgrade ( for more money per month of course ranging from $19 per month to $49 per month ) to get more features.


So basically, Jaxxy is a keyword tool that grows with you as you grow with your business. You can choose to add more features and better functionality by paying a larger subscription fee as your business starts making more money. Wealthy Affiliate also offers you yearly discounts both for Jaxxy and also for the premium membership that can save you quite a hefty sum of money in the long run. This is something else I find to be very unique and convenient to Wealthy Affiliate and I'm sure that you will too once you check it out for yourself. Here are a couple graphics to show you the per monthly and yearly options for Jaaxy and the premium membership that you can purchase from Wealthy Affiliate.

yearly premium wa

                                monthly option                                                                 yearly option

Jaxxy Payment Options
Jaaxy Yearly Payment Options

Commission Structure for Wealthy Affiliate

You might be wondering about whether or not you can make commissions by selling Wealthy Affiliate. The answer is of course, yes. I grabbed a photo shot so that you could see the totality of what you have access to as far as being able to make money by "telling everyone you know" about Wealthy Affiliate. I personally would only ever tell people about a product if I believe in said product. Wealthy Affiliate makes the cut. I do believe in it and look, here I am telling you about it. Here is a general layout of what the commission structure looks like.

wa commission structure1

They offer lifetime commissions and lifetime cookies

How many other affiliate programs do you know of that actually offer LIFETIME commissions? Wealthy Affiliate offers you that as well. So when you refer someone to Wealthy Affiliate and they create an account as a result of clicking on your referral link that person becomes your referral for life. So whenever they upgrade their account you get a commission on that upgrade. 


When you sign-up someone for free, your goal is to get them to set-up their account. Setting up ones account will lead you to an initial $1 (2 credits x $0.50). These add up when you are a Premium member.

When someone sets up their account, they are granted an initial $19 first month offer. This converts very well and almost everyone decides to stay after the first month because of the value, the quality of the services, the help they get, and the overall positive experience offered here at Wealthy Affiliate.


They pay out on the 1st of every month, and they say they haven't missed a single affiliate payment since their inception 14 years ago. Which I believe is the truth because I have never heard one complaint stating anything to the contrary.


"They pay on time and they pay out MILLIONS of DOLLARS per year!"


Site Content Management System

You have access to over 1 million "Royalty Free" Images that you can use on your websites. Royalty free means that you don't have to pay anyone for the right to use them just in case you were wondering. To access these images you can use a built in program called site content. Carson and Kyle dubbed this "The Ultimate Writing Platform" within Wealthy Affiliate. Here you can basically write your entire review or article, ( Whatever floats your boat ) and you have access to spell checker, several writing templates such as review pages, policy pages, disclaimer pages and a couple others. While I think that this content builder is a nice feature. I personally use Thrive Themes to build my websites and my web pages so I very rarely find myself using this feature. You can see how the image finder works looking at the picture below. All you have to do is click on image and then type in the search bar for what it is you are looking for and the site content editor will pull up thousands of vibrant colorful and free to use images lightning fast. Also worth mentioning here that you can also upload your own images here as by simply clicking on the upload button.

Site Content Images


The Site Content Platform

Occasionally I load up the site content platform for a quick review that isn't very extensive or maybe just to grab an image real quick. ( Which by the way you have to download to your desktop and then upload to your website if you use an outside editor like Thrive Themes for building your websites but that's not a deal breaker for me. )


One more key feature worth noting about this platform is that IF you choose to use it for your article writing or reviews, it comes with a count tracker for ALL of the words, articles published, and articles unpublished that you have ever written on the platform from your very first post.


You can also post these reviews and articles straight to your website without ever leaving the site content editor. All you have to do is write a review, hit upload to my website, select which website to upload it to and the site content editor will automatically upload your review / post to your post timeline. This is a handy feature in my opinion and it looks like this.

Site Content Tracker


Setting Goals

As you can see I don't use it very much but occasionally it does come in handy. Maybe your the type of person that sets goals for yourself. Say you set yourself a goal of 100 posts per year. Or maybe you set your goals for a certain number of words per post. You can track all of that with this unique add on feature. I know quite a few members that do this to help keep the "momentum going" so to speak.


Tech Support

You have access to the BEST Tech Support that I have EVER encountered and I mean that! Hands down they are some of the best support techs I have ever had the pleasure of working with. After my initial week with Wealthy Affiliate I saw the value and upgraded to premium ( Naturally ). The first thing I did after that was ask the support techs if they could import my current website into Wealthy Affiliate. I kid you not they had my website imported and up and running in like two hours and I think if I would have changed my DNS settings correctly the first time it would have been faster. 

support techs


You have access to Up To Date and Relevant Training that will walk you all the way from "I have no Idea what affiliate marketing is" to "I run a 6 and 7 figure business online and enjoy a lot of free time with my family, travelling to exotic lands, and sleeping in."  Wherever your at in your business, I promise you Wealthy Affiliate has something for you.

I dont have a clue
enjoying life with the family


You have an opportunity every year to sell enough accounts (100 as of right now) to go to Las Vegas and actually meet Kyle, Carson, and a lot of the top earners in Wealthy Affiliate. I hope to one day make it there.

las vegas affiliate getaway


There are tons of other aspects to Wealthy Affiliate that make purchasing Wealthy Affiliate what i call a "No Brainer" and that is exactly what I told my wife the day I signed up. 


I would like to take a few moments before we go any further to discuss exactly what it is Kyle and Carson will be teaching you should you decide that Wealthy Affiliate is the right fit for you and your business. 


The basis for what Kyle shows you in the training can be summed up to four things and they are as follows:

The Wealthy Affiliate System

1. Choose what area of expertise you want to work in. (What is your passion?)


2. Build a ( Search Engine Friendly) website around your passion.  (Do Google and all other search engines approve of your website?) Don't worry, you learn how to make ranking easier in the training. 


3. Tell everyone in the world about it.  (Shout about your website from the rooftops!)


4. Get Paid!  ($$$$$)


That is the basic system. Now of course I am simplifying it in a major way. You are going to learn a lot about the power of search engine optimization and ranking on the first page of Google so that you can get organic traffic.


That simply means that you don't have to pay for traffic. This is essential for what Kyle teaches you in the training so as I said before you really want to pay attention. I know this may sound very scary but Kyle really does an excellent job of teaching and training you on everything that you will need to know. He even goes so far as to cover some topics more than once in a different way. ( I think because he knows that not everyone learns the same way )

organic verses paid traffic

This is an example of organic verses paid traffic.

Organic Verses Paid Traffic ~ A Quick Lesson 

In the image above I am showing you the difference between organic verses paid traffic. The domain name with the little thing that says "Ad" is actually paid for by some business who is targeting a specific keyword and paying for it rather than using search engine optimization to rank on the first page of google and just get traffic "Organically" I just wanted to explain that because I know that not everyone that comes here is going to know what that means. Moving on. These are some of the things you will learn in the training provided to you at Wealthy Affiliate. Only, of course much more in depth.

Wealthy Affiliate Life Span and Expectancy

Wealthy Affiliate has been around since it's inception in 2005, was created by these two really cool and down to earth guys Kyle and Carson, and has flourished over the years into what has become one of the leaders in the industry in terms of training and implementation of business techniques and strategies online today. As the business continues to grow you can expect that Wealthy Affiliate will be around for a long time to come so you don't have to worry about an unstable business that is going to leave you hanging.


Just a side note here but believe it or not, since the day they opened the Wealthy Affiliate University website they have NEVER raised the price for their membership. Not Once.


That really says a lot to me and I hope it does you as well. It says to me that these two wanted to create something that was going to be able to change the lives of potentially millions of people because the price is such a low starting point and they provide so much value up front for a great starting price. Free!


Wealthy Affiliate Founders

Kyle-and-Carson

                                                                                  Kyle                 Carson                             


If you've been on the fence and want to get as much inside information as you can before making a decision then don't worry because I've done all the work for you and I'm going to continue to break Wealthy Affiliate down for just a tiny bit longer so that you can completely understand what you are getting yourself into. Hopefully by the end of this review you will have all the knowledge that you need to make an educated and well informed decision.


What do you get when you subscribe to Wealthy Affiliate? The answer to that question is simple really, the moment you put your name and email in that box, you are getting access to a full blown University with a capital U!  No, I am not exaggerating. With the exception of an autoresponder, you are getting everything you need to start earning while your learning


I'm going to ad here as kind of yet another side note that I was kind of surprised that Wealthy Affiliate has ALL of the things that a business owner needs and yet they haven't included an autoresponder. However, after careful thought about this I think the main reason is because Kyle and Carson wanted Wealthy Affiliate to be accessible to virtually anyone who can afford $50 dollars a month. If they added in an autoresponder they would easily have to charge $100 dollars per month. Although, in my mind it would be worth it to me because that way literally EVERYTHING I need to run my business is in under one roof. I have mentioned this in a few comments and also directly to Kyle but I never heard anything back from him about this. (Not that I really expected an answer, I mean the guys busy) 


Earn While You Learn

big proponent of Wealthy Affiliate is the concept of "earning while your learning." The free course training that you receive when you first sign up for Wealthy Affiliate is quite extensive and shows you from day one how you can start earning money fairly quickly. Now if your expecting to start making money in one or two days I told you before, this is not for you. The method Kyle and Carson teach you takes time to implement but it is tried and tested and does work 100% if you follow the training that is provided for you and you actually.. take.. action.


To give you a rough estimate of how long it can take to make money with Wealthy Affiliate:

When Kyle first started out it took him 3 months before he saw his first dollars online. He of course didn't have Wealthy Affiliate or anything even remotely close to it so he had to actually code websites by hand back then. This is where you and I lucked out, Kyle and Carson built us a platform that allows us to create a fully functioning website in about 60 seconds from start to finish. (Just the shell obviously, lets face it content takes a lot more time and effort than 60 seconds..lol)


Even though the time constraints for building a website now are minimal, the actual amount of time it takes to make money utilizing the methods that Kyle and Carson teach within Wealthy Affiliate can range from a few weeks to months depending on how much time you put into your website from day one. I want to make sure that you have real life expectations when you start at Wealthy Affiliate. You will not make money overnight. So many people get discouraged because they don't understand that although this type of business can make you a lot of money, it takes time to learn and implement everything necessary to make start making money. 


Believe it or not that is a good thing because it allows you to adjust and grow with your business.  


Here is a good a place as any to show you what you are getting access to as a premium member of Wealthy Affiliate. If you take a look at the image below you will see that you are gaining access to a ton of different features that you just cannot get anywhere else for the price that you are getting into Wealthy Affiliate for. Your welcome to check for yourself if you don't want to take my word for it. 

included in premium

Is the training worth it?

ABSOLUTELY. The system is clear, concise, laid out in a professional, easy to understand way and if you follow Kyle's ( Done for you ) step by step system, it will produce money for you. I do not have a shadow of a doubt about that.


The key is to have a lot of stamina and patience. What I mean by that is you have to keep working the system. It may be 3, 4, or even 6 months until you ever see your first sale online. Depending on how you work the system and what your prior knowledge and skill set was before you came to Wealthy Affiliate. But, if you really want to make this work then you won't give up. You will work the system and it will all have been worth it in the end. 

they even offer in house affiliate programs..

Wealthy Affiliate really goes out of their way to try and make sure that you don't have to go far to find anything. Built right into the platform nestled all snug in the left side menu, on the lower left hand side, you'll find a button that says "Affiliate Programs" and when you click on that button you will find a bunch of different categories and products that you can quickly grab an affiliate link for and just get to promoting. Once you get up and running efficiently this will make sense to utilize just to grab a few extra commissions.