I hate the term 'passive income'. It negates the active part of building the passive income. I think a better term for those trying to build something on their own is 'automated income'. It gives the impression that what you're building is a machine that works when you're not around. But how do you build an Automated Income Machine? When it comes to online business it fully revolves around the content and this is where most people fall flat. The LinkedIn experts have you creating content for views when the truth is that for an Automated Income Machine, you should be creating content for conversions. It means you want every single piece of content that you put out to do some type of work for you. I look at two different aspects of my content to ensure that it's doing something. The first is what I like to call the Pocket Business Framework. 1. Get people to notice you 2. Get people to pay attention to you 3. Get people to trust you 4. Convert that trust into money Your content needs to be doing at least one of these things. The longer the content, the more steps you can include, but if your content isn't doing one of these things then it's just wasted content. But how do you ensure that your content is doing these things? For that we need to look at the 2 layers of content. Layer 1 is: - Problems - Outcomes - Mechanisms Layer 2 is: - Opinions - Experiences - Worldviews Not enough space to dive deep into those things but the majority of content you see here and in other places misses a lot of this. It comes across more like a fortune cookie for CEOs and sure some people might enjoy that, but it's not the content that is going to consistently convert over time. But we want an Automated Income Machine, not a spend every single day working on the computer machine. And because this post is already getting long and LinkedIn is telling me to shut up, I can show you how to put all of the pieces together in this blog post: https://lnkd.in/gMHppc3E
Paul Scrivens’ Post
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Helping Professionals Build Passive Income w Fully Vetted Business Opportunities | Executive Life Coach | Self-Development Coach | Loves Family, Country, Helping Others Reach Financial Freedom & Doing What is Right
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Are you tired of the constant struggle to find a reliable online income source? Look no further! I'm thrilled to share my journey with The Red Pilll, a game-changing passive income machine that's revolutionizing the online earning landscape. Powered by Warrior Plus, The Red Pilll is not just another fleeting opportunity; it's a proven system designed by a former teacher. Say goodbye to chasing shiny objects and dead-end methods! This automated system requires just an hour a day, offering you the freedom to work from anywhere, more leisure time, and a substantial boost in income. Imagine earning passive commissions while you sleep – that's the beauty of The Red Pilll. No more endless cycles of trying different methods; this is your ticket to financial independence. Act fast to secure this opportunity before the price goes up! For a limited time, you can start your journey for just $1, backed by a 7-day money-back guarantee. Don't miss out on this INSANELY profitable venture – grab The Red Pilll now and watch your passive income soar! 🚀💸 More info<<<<< https://lnkd.in/gjP6hHak
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"What if there was an automated software that could make passive income for you?" This is an actual first line of a real Youtube ad that's been served to me like a bajillion times in the last few weeks. I have a problem with this 'ish. First of all, I'm very, very skeptical. You should be too. Don't get me wrong -- I know there's easier ways to make money. People have gotten lucky with their timing since the dawn of capitalism. And there's certainly been ways to build wealth if you were early enough with a trend in the last 20 years. A few things I wish I hadn't missed: domain name buying and selling in the early days, trading stocks, creating a content website 20 years ago and serving Google Ads, Youtube or Tiktok creator. There's always some new way to get rich that doesn't require much in the way of skills or knowledge or even hard work. But, even these require some effort. If there's a way to make guaranteed money in an "Automated" and "Passive" way, I can guarantee you that it's a fleeting opportunity. And for every person that gets lucky, there's going to be 100s or 1000s who chase that trend only to be a bit poorer and no smarter in the end. So be wary of these people hawking too-easy schemes. The people selling you these schemes will make more money selling you the blueprint for the scheme than they do running the scheme themselves. If I were creating a Youtube ad that's accurate to what I can teach people... It'd start with, "Would you like to know how to work 10 hours per day for 20 years so you can afford to live in an area with good public schools for your kids?" There aren't shortcuts. Success comes from a combination of hard work, relentless focus on building something that helps people and.. some luck and timing. There aren't shortcuts that work reliably. But, if you put in the time and stay focused, you're likely to achieve some level of success and financial freedom in your life. Follow other people's blueprints, for sure. But, be careful who you're following. If it sounds too easy, it probably is too good to be true.
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How to Create a Passive Income Stream: A Step-by-Step Guide https://lnkd.in/d_k5iQEG
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Assist professionals transition online leveraging AI to upskill and build successful online businesses.
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Two Passive Income Ideas That Could Potentially Make You $3000/Month https://lnkd.in/gaRWiwD4 #passiveIncomeStratagies #SideHustleIdeas #FinancialFreedomJourney #PassiveIncomeMindset
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Ick-free passive income for existing business | Bottling your business brain | Design your offer for time freedom | Productisation | Digital product creation | Yorkshire honesty and charm
🦸🏼♀️ What is your passive income super-power? 🩲 Where did you hide those snug-super-pants that you once aspired to? 🔝 Perhaps you’ve reached your peak in terms of the number of people you feel like you can impact? 🎭 Maybe your stage is getting too small and you’re ready to reach more people, teach more of your good stuff and have massive impact in your field? 😣 Whatever the reason, you’re ready to step into those passive income pants that have been hiding in the back of the wardrobe but… you don’t know if they fit! 🫣 There’s a blind spot: You’re confuddled by courses, screwed-up with subscriptions and plain-old done with digital… ⚰️ Fed up of social media icksters and tricksters? 💪🏼 I've got you... #blogpost ⬇️ #passiveincome https://lnkd.in/edxkSF68
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