Hey what’s good everyone. Before I explain how to create passive income online, I thought I would post my first 3 income statements to SHOW you what you potentially can create for yourself.
Every month I will post monthly revenues from the online business I am creating. Bear in mind, I am completely new to trying to make a livable income online so the growth might be very inconsistent in the beginning.
Here are the reasons why I post these income statements.
So I can show you that it’s very possible to make money online without a technical background or programming skills
It will help keep myself accountable to continue growing the online business.
To be as transparent as possible.
With that said, let’s go into the income reports…
The Basics to How I Generate Passive Income Online
After doing tons of research on the web for my day job, I discovered something called “Niche Sites” and “Micro-Niche Sites”. A niche site is a website that focuses on a very specific topic or audience. A micro niche site is a website that focuses on an even narrower niche selection.
To give you a better example of what a niche is vs. its micro niche, let’s take a look at the niche “Crossfit”.
Three micro niches off of Crossfit would be:
1) Crossfitting without an Affiliate Gym Membership
2) Crossfit for Runners
3) Crossfit While Pregnant
You get the idea. I’ll dive into the differences more and which type of site is best for you in a future post.
In my research I found that building a website around the right micro niche, creating valuable content, pulling traffic, performing some search engine optimization, and having a monetization strategy, you can make some decent side income.
Pulling traffic? Search Engine Optimization? Monetization Strategy? Whaaaaaaaaaaa? Don’t worry, I’ll explain this in Layman’s terms in a future post.
On June 1st I decided to join the movement to begin creating niche and micro niche sites. So I brought this blog and another abandoned project HellaEMO.com back from the dead.
Here I was blogging on TZC to keep my job skills sharp and attempting to make HellaEMO.com popular on Tumblr just for shits and giggles. All the while, thousands of people out there were doing exactly what I was doing but simply KILLING IT.
So after 2 months of straight due diligence which included days of reading and 100s of podcast shows, I TOOK ACTION.
Without further ado, here’s what you’re all looking for…