Certainly it would be everyones dream job to be able to make money doing nothing. Of course I don’t know how you would really even call it a job if you are doing nothing, right? Well, either way let me tell you how you can use internet marketing to make passive residual income and literally make money doing nothing.
The internet provides any diligent person the opportunity to make a full time income. And let me be clear here and define diligent. A diligent person is someone who works in constant effort to accomplish a specific task at hand. In this instance, to make money doing nothing.
Now you might be thinking that stating that might be contradictory in a way, borderline oxymoron. How can you work constantly and do nothing at the same time? Well, you cant so let me digress…
Is it possible to make money doing nothing?
Absolutely yes…but you have to work hard first.
Internet marketing works like a sort of exponential compounding effect. Depending on what niche you are marketing online, you can basically work on promoting your website for years without seeing any form of payback. However, after a few years off not seeing any return you will gradually begin to see the money rolling in. Eventually, and with enough work, you may be able to sit back and make money doing nothing!
This gradual building of money comes from the traffic you bring to your site. There is a universal law that all of us internet marketers live by and that is traffic = money. So, the more traffic you have, the more money you will be able to make.
What can internet marketing do for your life?
Let me weigh in on some of the pros and cons of internet marketing. First the cons…
If you are comfortable with or have to have a regular take home pay where the amount of time you put in equals the amount of money you receive, internet marketing is not for you. I know there are many, if not a majority of people who smartly set up a budget and have to have the secure pay in order to keep to that budget.
Many internet marketers including myself rely on Google to bring a certain amount of targeted daily visitors due to the placement of my website and blog for certain keywords. If at any time (and this has been known to happen before) Google decides to black hat your business or for some reason changes the algorithm for which they place websites, it may abruptly and without warning put you out of business. Now this has thankfully never happened to me before but it has happened to some pretty big time internet marketers and they say the best thing to do is just wait it out. It’s almost always temporary.
And the pros of internet marketing…
You get to be your own boss, and work for yourself. This may be a con for some folks that are not able to motivate themselves to do the necessary tasks to keep the income flowing. But on the other hand, I myself consider this to be a huge bonus. The possibility to answer to no one but yourself and to be able to work whenever and wherever you please is a great goal to shoot for.
Since your pay is not based on hourly or salary, there is no ceiling as to how much money you can make. There is no set wages only business decisions that can produce a desired amount of profit. For instance, I create an e book that took me roughly 40 hours to create. I decide to sell it for $25 and want to make $1000 profit after advertising. (advertising online can be done effectively for free as well) So now I know I need to sell 45 books to hit my goal.
A lot of the time what happens is that the 45 e books you set out to sell originally sells in a short amount of time, and then you will make sales on that same e book for years to come. Creating an e book can create you an income for life because there is no physical or tangible product. Just a link to a .pdf file that can create you income foe the life of the internet. Now that’s what I would call making money doing nothing. You are not going to get paid years later for the 40 hours you put in last week at your day job will you?
This is the passive residual income I was speaking of earlier and is one of the greatest benefits of internet marketing. Putting out a quality product once or twice a year will have a great impact on your income for the months or years you decide to take off. Again, thats what I would call making money doing nothing.
A step-by-step path to make money doing nothing.
Are you ready to change your life? Remember it won’t set in right away so you have to take action now! So for all of those diligent folks who have the desire to work for yourself, set your own hours, make an income where there is no ceiling, and those that desire to make money doing nothing… here’s your starting point.
Step #1 Sign up for The Plug-In Profit Site
This is the same system I started with and am still making money with today. In my opinion, it may be one of the best systems for the beginner internet marketer to start with. (It worked for me!) What you will get by signing up is your own website already equipped with six streams of income and all the training and support you need to succeed. All this for dirt cheap, $24.95 is the only fee you are required to pay besides registering your domain name ($15 one time fee), and all setup in under 24 hours…guaranteed. All you are required to do is promote your website…using the next step…
Step #2 Promoting Your New Website To Increase Traffic and Make Money
There are many things you need to do in order to promote your website. Not one of them will cost you a penny if you choose the free route. There are of course services and software to ease your work but will not hurt either way. Here’s a brief run through of the system that I use that is bringing me almost 400 visitors a day. Keep in mind though the exponential compound effect that will result from this process. What that means is when you first start you will see little in the way of return compared to what your return will be a few months down the road using the same traffic generating process…
- Submit two articles a week to the article directories.
- Set up a blog and post to your blog at least three times a week.
- Sign up for several social and bookmarking sites and submit every blog post to that list of sites.
- Sign up for and contribute in discussions in at least two different forums. At least 5 posts a day in each.
- Submit your website to 15 online directories a day.
- Find other like wise blog and make useful posts on the “do follow” blogs.
- Create and release one or two info products a year to make money and to create an email list to market to.
Following these promotion steps will lead you towards the high traffic it takes to make money with your new PIPS Site. It will not fail you, I promise! All you have to do is keep up with it on a week to week basis by setting and hitting goals.
Step #3 Branch Off Of PIPS and Find Another Profitable Niche To Market To
Once you learn what it takes to succeed with PIPS (which you already know how now) which is in one of the most competitive markets online, the how to make money online niche, it only makes sense to find another niche that fits your interests, hobbies, and passions better.
All you would have to do is find something you are interested with, create the website or blog, add quality content, and then promote it using the same methods as above. Most of the time you will find that your website/blog will start getting traffic much easier than you were with PIPS because not everyone will know what you know about internet marketing. Use your new found knowledge to your advantage and blow your competition out of the water, claim your site as THE AUTHORITY site in that specific field, then sit back and watch the money roll in.
Thats it! The three step process to make money doing nothing. Of course it’s not at all as easy as it sounds but if you have the real desire, dedication, and determination to succeed no matter what, you can make it happen. Plenty of persistent action, preservation, and patience will lead you to the internet marketing promise land…I’ll see you there.
Make Money Doing Nothing