Thursday 28 June 2012

5 Shocking Realities About Creating Passive Income Online


I receive tons of e-mails everyday promising me all sorts of crazy miracles.

From: “Earn $5 000 in 2 hours” to “Make $15 000p/m in 3 easy steps”, it all seems like a competition on how can spend the most bulls*it e-mail!

Now, I can tell you this much – unethical marketers who are out there to scam you, have done their research.

They know that most people want quick solutions. So, if they can sell enough hype to enough people, they’ll make their cash.

Whilst it is possible to generate such crazy amounts online, it only happens after you’ve been online for a while and have build a large, credible reputation. 

None of this ‘do it in a month’ rubbish will help you!

I want to give you some great facts about creating a passive income online and hopefully help you to:
             Make more informed decisions
             Avoid falling prey to the hype and miracle promises
             Avoid wasting your money on crappy products 

Shocking Reality #1: Don’t make the money a priority...

Let the cash be a bi-product of your efforts. 

It’s a mission to build anything of substance in the absence of passion.
In article by Jon Morrow titled: “Stephen King’s 20 Tips for Becoming a Frighteningly Good Writer”, he includes the following quote from Stephen:

“Writing isn’t about making money, getting famous, getting dates, getting laid, or making friends. In the end, it’s about enriching the lives of those who will read your work, and enriching your own life as well”

Stephen King has published over 49 novels and earns approximately $40 million per year from writing.
Make money a priority and you will never get around to creating a long-lasting passive income business Online.

Shocking Reality #2: Work your ass off...

There are no free rides on the internet. If you want to learn how to create passive income online, you have to work hard.

Unless you’ve inherited some serious cash, building a career online is going to require you to work your ass off.

Building that asset that will generate the passive income will need you to invest a lot of time.

You are going to spend long hours:
  •  Planning
  • Deciding which market you want to target
  • Researching how you are going to market yourself
  • Reading tons of content to keep abreast
  • Creating content (articles, movies, etc)
  • Facing challenges all sorts of challenges
Be prepared to work your ass off! It will be well worth it.

Shocking Reality #3: You need to get out of your comfort zone...

There’s so much to learn about online business, particularly the technology behind any online business. If you are not comfortable learning new things, then forget about creating a passive income online.

Whilst you can outsource and even use software that reduces the manual labour, the reality is that you should only be outsourcing and using software to fast track what you already know and have applied. 

Unless you have been through the application process yourself, outsourcing will simply waste you a lot of money because you won’t really know what to outsource and what end products to expect to expect from those you have outsourced to.

You need to be willing to spend a lot of time just learning the ins, outs and behind the scenes of online businesses so you can avoid making dumb mistakes online as you create passive income online.

Shocking Fact #4: Very few are Marketers are Millionaires...

At least 50% of the e-mails I get from web promoters suggest in some way or another that earning millions of revenue is the norm. 

Honestly, this is nonsense. 

Whilst many never become millionaires, a good number of online marketers make a decent living.

Becoming a millionaire is a bonus!  

Shocking Reality #5: Expect to fail a couple of times...

Yep! This is the shocking truth. 

You will probably face a few stop starts. The reality is that there are very few ethical marketers who will teach the correct way of creating a passive income. 

Instead they will sell you hype. And because most people want over-night success they fall for such hype. In the process you learn all the wrong strategies that yield nothing but unnecessary purchases of useless products. 

In some cases you learn nothing! 

If you are fortunate, you might come across a few ethical marketers who will teach you the correct (often much longer) way of creating a passive income. To avoid failure, apply everything they teach you and be patient.

Failure is never failure unless you give up. Embrace it, learn from it and you’ll start to see the light at the end of the tunnel.

What exactly is the hype around creating a passive income online if all seems to be doom and gloom?

Firstly, an internet business gives you an opportunity to explore areas of interest in a profitable way.
It’s sad to see how many people work a job they do not like for years and then one day quit so that they can start looking for what they really love. 

Secondly, an internet business allows you to one day wake up and completely rid yourself from the crazy hassle:
             Crazy traffic every day
             An irritating boss
             Long hours at work
             Stress from outrageous clients
             Limited time with family and kids
             Unfair remuneration for your effort at work
             Working a job you hate

Get my drift? 

All the above advantages are priceless!

Creating Passive Income Online is extremely liberating!

If you are ready to learn all the ins and outs, you can get started on my 14 Part E-Course titled "How To Create A Passive Income Business Online" in 14 Days"
 

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