Hello readers! Want to learn some of the best passive income strategies of 2017?
Today we’re going to have a Guest Post on BFYB and we’re gonna talk about some of the best passive income strategies available in 2017. Thank you to our guest poster, user Plankington, for the article!
The Best Strategies To Earn Passive Income In 2017
The average human is waking up and with that in mind he is struck by a simple realization: I don’t need to slave away for the rest of my life, I can be my own progenitor, my own boss!
With the ever-growing and everlasting presence of the Internet, everyone is given a chance to get a shot at earning themselves a nice passive income from various sources on the Internet.
Imagine how nice it would be to work four hours a week and never have to show up to that dreaded office ever again?
This has now become a possibility and in this article, we will show you the top three ways to do so.
1) Kindle eBooks
Ever heard of Kindle? If not, that would be a shame as it is the largest online book retailer in the world.
Led by Amazon (don’t tell me you didn’t know about them either), Kindle has enabled thousands if not hundreds of thousands of indie writers to live a life of luxury and to lavish in the constant passive income stream that their written books provide them with.
Have a story, a fascinating experience or just want to test your creativity?
Kindle is the place for you to not only do that but to earn a nice and permanent stream of passive income.
2) Purchasing Established Websites
Not everyone has the time, creativity, talent or dedication to pursue an online business which may or may not succeed, if not, leaving the entrepreneur in possible ruins and in the most light of cases, disappointed and depressed.
That is where purchasing an already established business comes into place but, you might think to yourself, that is already being done and the market is more than saturated!
Right you are, but the website market isn’t! Coincidentally, it is budding more than ever and right now is the time to get yourself into that, as waiting can only lead to other people, who had more initiative than you, to cash in on the opportunity.
We recommend Flippa for such an endeavor, as it is a trusted and respected source that provides the customer with hundreds of website to choose from, with infographics and an abundance of resources backing up the past of those website(s).
3) Affiliate Marketing
I was hesitant to put this one in the article but if you see yourself as a vendor and a good, charismatic spokesperson I don’t see why this wouldn’t be the right thing for you to do.
Huge companies and popular retailers use affiliate programs to lure in customers from all over the globe and that is where you come into place; If you have a specific thing or skill that you particularly excel at, affiliate marketing can get you the top of the mountain and here is how:
Let’s suppose that you are a woodcutter; A woodcutter has a lot of experience when it comes to the tools required to woodcut and with the different techniques and skills required to get the job done.
And how to convert these skills into revenue, I see you scratching your head?
By writing! You put your knowledge into paper and at the end of your article, you offer the newest and best tool on the market and if your reader were to purchase that tool, you would get yourself a nice commission based on the price of the item being purchased!
To sum up, never has the time be more ripe to enter Internet marketing than it is now!
With millions of ways of doing so (we named the three that past users had the most success with), you are sure to find yourself a spot where you belong and where you can show your potential and your skill to this world!