What’s going on Eric Ellis here, CEO volt Academy, comm, the willful marketing, and in this article I’m going to be showing you seven passive income ideas now before we get into that, go ahead and click the first link in the description. If you want to know my number one recommendations to make money online, the same thing that is paid for this bali, indonesia villa and my travels.
The first thing that i’ve used to make over six figures hit the subscribe button. If that notifications about to join the family and basically just be notified every time, I drop something to eat, because why is it important to make passive income who doesn’t want to make money without doing any work right now, just a quick, disclaimer right, I truly and Honestly, don’t believe in passive income, and what I mean by that is that there is some sort of activity that has to be taken to actually put those plays emotional for you to get paid passive income to get there right.
But before you get there right, you do have to do something, but eventually, when you do get there, you are making a passive income. So basically the first one that I want to show you guys out of the seven is Airbnb guys. There is a new wave, and this is something that you guys can do with a minimal upfront cost. Oh god, the objective of this article is not to go into great detail cuz. I have to literally teach a course on every single, a these things which I’m not going to do.
I’m just here to go and give you the ideas, because that way, you can let a relative figure out, which one is the best for you and run with it now with Airbnb. The cool thing about this is that so many people think that they have to own property, guys. That is not the kids. You can literally rent a property. If you don’t have the money, there’s two ways: you could go about number one. You can go out and find investors who’s willing to put a downpayment down of a rental property, no, not investing tens of thousands of dollars to own a property, no a rental property and then, as you’re renting the property.
Then you’re simply just going to go ahead and go Airbnb it out right. So it’s literally a rentals you’re, paying, let’s just say, maybe two thousand dollars a month and if you’re charging three hundred dollars per day for somebody to actually rent this out, that’s ten thousand dollars that it’s occupied at 9000 to be exact and guys literally, you just Pay it to $ 2,000 to pay off your rent boom. That’s $ 7000 in a cash flow per month and passive income.
Now, where did the active side come to play? Cuz guys, I’m not going to be one of those grooves like Oh passive income, she’s going to make money without making and make without doing anyway. You have two options: number one is to go ahead and actually manage it yourself, so manage your properties. Number two is: if you did decide to go ahead and systemize it bring employees on on board. When you bring those employees on board like a property manager so on and so forth, it will be pretty passive right.
The only thing that’s really not going to be passive is when they reach out to you with the problem that they can’t handle and they’re going to going to reach out to you. So it’s minimal work right. Instead of making seven thousand dollars a month by freaking slave away, you could make a match making seven thousand dollars a month, but I literally haven’t won a rental property possible. I’ve seen it done, you can do it too right.
Another one is, you can actually find people who have properties that are vacant, and these are vacant properties. You can go ahead, a literally say, hey, look! Your your thing. Is vacant you’re losing money? How about I go ahead and become an agent I’m going to list it for a Airbnb I’ll handle everything, we’ve split it 50/50. So if you’re making five thousand dollars a month and a residual income, twenty five hundred is going to go to the person who owns the property 2500 going to go to yourself.
Right and again, you can put people in place to recessed amaizing and it’s pretty passive. Next is and got again take the idea and run with it. This isn’t, of course, did you guys step-by-step, how to do it. Take the idea, if you’re serious about this, if one speaks out you out of these seven ideas, take the idea run with it and take massive action. The next idea is Google Adsense. Now what does Google Adsense? Basically, you do the job one time and you get paid for every one.
What I mean by that it’s called evergreen content. What is evergreen concept? Evergreen conda’s is basically whenever you create a piece of content and it gets basically displayed on the internet and when people search for it it gets. It continues to get traffic traffic traffic. So an example of that. Is you two or vlogging right, so you create a blog and somebody’s typing in hi, make money alive and Eric’s blog is ranked number one and you get a whole bunch of free traffic right.
If you display ads on your actual website, Google will cut you a check every single month for them actually displaying ads on your website same thing with YouTube. Is you create one viral article and they and you put ads on it literally because they displayed ass on your content, evergreen content they’re going to go to pay your path so check. It only took you what time to create a piece of content right if it goes viral both I want to continue to create content, I’m just going to continue to get a check.
I was too busy personal experience through my YouTube. I’m a little bit different. I create daily content, but I create the content one time. These content forever pays me like it’s just residual income right, that’s another, the passive income idea, that’s where I’m making six hundred dollars per month, so I told you guys are making $ 100 today in passive income. That’s one of my income streams anywhere from six hundred to a thousand dollars per month in residual income, literally from my Google Adsense right.
So that’s one that I’m actually using another one is number three is Kindle publishing what is Kindle publishing your publishing ebooks right? So two ways you can go to monetize: this is either number one you can go ahead and create these ebooks that literally sell them for seven dollars right. So literally you write it one time you do it one time and then, if you have a really good book and people are buying these books right, you literally go ahead and make seven dollars every time.
Somebody makes a purchase you create at one time and you’re. Just going to get a monthly check is called mailbox money. The second option is actually creating it. Ebook and publishing it for free and within that ebook have some sort of affiliate link. So, let’s just say the e-book is a free book on weight loss. Then I can go ahead and display affiliate links and that actual in that ebook and in that ebook, once people click my links, they’re going to go to a product that I do not create, which is essentially the affiliate marketing a vendor created that product what they Purchased is made they’re going to go ahead and cut me a check.
So that’s again, it’s passive. I literally create the free ebook. I embed my affiliate links I’ll. Do it one time boom? I post the ebook, not everyone’s going to tick off, but it only takes for you to have one the freaking take off to just get a whole bunch of traffic, a whole bunch of affiliate purchases and boom you’re. Making passive income work one time and it is paying you are going now that more so is a lot less active than, let’s just say, an air BIA everybody you’ve got kind of got to be a little bit more active kettle publishing you create the creating one Time right so to increase your chances, you may want to publish multiple books right and the more you post, the more you going to make right, but you’re doing the work one time you’re in your generating and go another one is selling stock photos.
So basically, what you’re doing is, let’s just say, you’re a photographer or you’re, always on the ground, where you’re taking pictures in sometimes you don’t even posted up. That’s asked so much content that I’ve taking pictures up that I really haven’t even like published on my Instagram, because I’m the type of person where I don’t post every day I post like maybe once a week on my instrument, if you follow me shameless plugs at Eric Ellis jr, I post on a day to day on my story, but I post that he don’t maybe like a weekly basis.
So what having said with all those extra photos I have, I could literally go ahead and sell them and stock photos. So if you’ve ever gone online and you typed in like let’s just say, girl walking on the beach you’ll, most likely see that it’s water marked and you could have been the person that took that picture and you’re going to purchase it for like three dollars or Body stock photos like one to two to three dollars and what’s going to happen, is the company who stores these stock images and watermarks them is going to go ahead and pay you a percentage of every time.
Somebody buys your stock clothing, so you literally took the photo one time you send it to these people who are going to go to do all the heavy lifting for you and every time somebody buys your photo boom you get paid so that one is not like The biggest amount of income, but it’s pretty passive income now another one that I’ve actually done myself is called Toro dot-com. So this is number five. Toro is basically renting out your car so guys, instead of having your car being a liability, make it an asset right.
Do you have a nice car that you really don’t need to drive a lot? I still live in Miami right, Miami in a high-rise condo, and I used to order. My food literally had this car payment, where I was spending $ 600 per month. I wasn’t even using it so I said, let me go ahead and actually make money off of it and I started. I listed it for like $ 150 per day because it was a Range Rover and guys literally with for freaking rentals, I paid for it and then everything after that was passive.
Now, how does that passive guys, literally its passive income, because you literally just give somebody your car, they drive the car, they bring it back boom. You just get paid one hundred two hundred three hundred four hundred dollars, so you have a car, that’s you’re, barely using go ahead and rent it out on tour. Oh, it’s an app go to Toro shameless plug, I’m not getting paid any affiliate commissions, I’m just you got some value here.
Go tutorial comp and lease out your freaking car make it an asset, a liability and, if you’re worried about the miles. Oh, my god, give me a freakin break here: you’re, not making any money so you’re, just losing waiting for your freaking vehicle to depreciate. Put some freakin miles on it. Put some money in your pocket turn into an asset right, that’s another one number six! We have storage rentals now this one’s a little bit more complicated, but if you have some real deal money to actually invest into one of the greatest, I’m actually going to say this one now we’re going to say another one, something that is offline is storage, rentals And vending machines, so if any machines – let’s just say if you can go in a store, candy right again, it’s not completely passive guys.
Cuz you got to put the freakin. Can you got to refill the candy so on and so forth, but you literally just got to go to refill the candy and then have it out like a school or something along those lines, and then people are going to purchase it. You’re doing your thing, while people are actually making a purchase you’re, not working anything, the Machine handles itself. Let’s just say you have a vending machine where it actually takes cards right that card.
Another one is like ATMs. You can do the same thing. You can buy an ATM fill it up with cash, and people are going to make purchases you’re going to try to transactions, be on an ATM you’re, going to basically earn the profit margins on the candy or even a storage unit. Right you’re going to have to have a team who’s going to be able to rent out the storage unit, but basically guys I’ve literally had like a storage unit before and I’ve completely forgot, and they were charging like frickin $ 30 a month, if the literally just $ 30 a month, but that one takes a little bit higher investment.
So if you guys want a lower – and that’s when I say something like a vending machine or something along those line, now, where does the active come in? You have to find somewhere like a barber shop or there’s someone who be willing to allow you to store your ATM or your vending machine or something along those lines. I guess not. All seven of these are going to go to make sense to you, I’m just looking for one of them to make sense for you and I’m looking for you to take massive action once it does.
And last but not least, my personal favorite, that’s going to going to take me above the hundred dollars today, which is three hundred three thousand dollars per month, is one that I’m currently actually doing myself, which basically software and continuity programs now there’s two ways. First and foremost, let me explain what that is right, personal phones. What does the software software something? That’s um, the Sasse product, a software-as-a-service, something that somebody pays every single month just to go ahead and use a specific software that is helping them solve a problem.
An example of different software’s that I used as a sauna. I use that to go ahead and make delegate teams to my tasks. I use a software called black to go ahead and actually manage my team. I use the software called two buddy to go ahead and help with my youtube article marketing. I use a software called click phones to build out myself photos. I use a serum software called access campaign to go ahead and hold my email contacts and do my email marketing guys.
I am a product of the puck. I have MIDI software that I’m paying a month in and month out and if you were the person who introduced me to that software, you can actually either number one create your own software or become an affiliate meaning you can go to literally just promote these products. So find people who need this product, this problem solved by the specific software get up in front of that software and then you can go and get paid commissions every single time.
Somebody makes that payment. Another one is the continuity program. So what is the continuity program? It’s basically something that somebody’s paying month in and month out, like Netflix guys, you don’t even think twice. I have a Netflix account and I barely read it, but I’m always paying that seven dollars a month, seven dollars a month, seven hours! Long! Imagine if you created your own right, if you create it like some sort of inner circle or some Facebook group where people have to pay private access to guys literally just do your research again, I’m not going to go on crazy depth, but do your research on A continuity program: you have two options to right: you can either go ahead and create one yourself or, if you don’t mind, taking a smaller percentage, but not doing any of the work.
You can literally just find somebody who has a continuity program or a software-as-a-service and promote it as an affiliate and that’s what I do. I’m an affiliate marketer. I basically five people who have products, for example, clickfunnels is a software that I’m actively using and I’ve made. I make like fifteen hundred dollars a month and passive income with them, literally by referring people who need help with sales funnels, and I just go to give them up-to-date link it’s a software.
I give them. I give them that link one time as long as they’re making the payments you use that software I get paid. I do have to do any work, so that’s the cool thing about passive income, guys I literally make 52 our job. Is that going to make me rich? No! Is that my biggest income? No, but guys it’s $ 1,500 a month that I’m making without working and I’m literally just using somebody else’s product.
So, instead of having the headache of building a continuity program right and actually actively managing it, it’s way more passive if you have somebody who’s actively managing the company building in the company, whether it’s a membership site or whether it’s an ongoing software as-a-service. At that point, it’s kind of if you’re building it yourself, it’s kind of active because you’re actively building this business, but if usually want to be a and affiliate and just kind of get a piece of the pie.
You can just refer their product and get paid. Just residual commissions, as people actually use these products right. Those are my seven I kind of actually gave you guys like nine, because I gave you guys the vending machine and the ATM as well got seven passive income ideas. That is how you make money online and make passive income online and offline right, but at the end of the day, guys it’s not going to work.
If you don’t work it take one day. These ideas get obsessed with it, take freaking action and set yourself free at the end of the day, if you’re not making money in your sleep, you are doing something wrong. You should literally be able to open up your mailbox or check your email and see that you have made money. That is literally what the RIC people do. So you need to figure out how to do it too and again, if you guys want to know my number one recommendation make money online, there will be a link in the description first thing again: I do affiliate marketing, I’m I teach people how to do affiliate Marketing, if you guys want to do that and also earn passive income with that first thing in the description, if you guys haven’t already what the Freak are, you doing make sure hit that subscribe.
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The link down below, if you guys wan na know my number one recommendation, make money online and with that being said, for the last time I’m going to safe with that being said, your boy Eric Ellis jr., the wolf of marketing, checking out anything anyway straight single Smoke so we won, we won body, we were not
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