Category Archives: Passive & Recurring Income

Monetizing Autoresponders

business email marketing content connection on people backgroundEmail marketing is one of the best ways to develop passive income. If you use an autoresponder company (and you definitely should), you can write and store emails in your account that automatically get sent out to your list subscribers. These emails can contain links that sell products you believe in—either your own products or products you’re promoting as an affiliate.

You could choose to store enough content to last a year or more, if you wanted to. Write 100 emails over time, add links to them, and load them up into your autoresponder account. Set them to deliver every few days or a couple times a week or whatever works for you.

How is this passive? It’s passive because these emails will go out to new subscribers at the preset intervals you’ve determined ahead of time. Ideally, you’ll design a list-building funnel that will work for you day and night. So, someone who joins your list today will get your email sequence in order—they’ll see the emails where you teach things and emails where you sell things. They’ll buy from you.

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Recurring Income From Coaching

Recurring income is a wonderful thing to have—especially when you’re building life changing income as someone offering coaching for life or business related topics. It’s hard to get new customers—you know that as a businessperson. It’s much easier and much more ideal to have the same customers pay you over and over again.

That’s exactly what can happen when you focus on recurring income from coaching. You’ll find coaching clients, win them over, hook them with a fantastic, long-term coaching plan or program, and they’ll pay you over and over again.

As a coach, you provide a wonderful service. People pay you to learn what you know. They pay to get access to your unique insights for their life or business. They’re also paying to tap into your experience, including your prior failures, so that their path to success is easier and quicker.

Sometimes, coaching is a one-off thing. A client will hire you as a coach and pay you one sum of money in exchange for help in reaching a particular milestone or help in resolving an important problem they have.

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The Difference Between Passive and Non-Passive Income

The Dream of Passive Income

It’s an amazing thing to be able to earn money from home. Never before has it been so easy to own your own business and successfully set your own income.

You often hear of people talking about the passive income dream. There’s something about being able to lounge on the beach and read a novel while earning money without lifting a finger. It’s endlessly appealing to people.

But, is it actually possible to earn a passive income? Can you earn a full-time income from home, in your pajamas, by setting a business up once and never touching it again?   Well, that’s not exactly the case, but it’s closer than you might think.

There are plenty of fantastic passive business models to choose from, including online business models, that you can put into practice today. You can earn a full-time income possibly working part time or even less than part time.

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