If you have been consuming any media you probably have come across the term passive income. You may have even heard multiple ways you can go about creating and earning that passive income. On the web creating passive income is very easy to do. One of the ways many people go about creating passive income online is by writing. Even within the area of writing online to make passive income there are many different ways to do it.
What is passive income?
Before you start to make passive income you first need to understand what it is. Passive income is a money received on a regular basis, with little effort required to maintain it. Basically it is money that you continue to earn without any additional work after your initial effort. Sounds great right?
The only problem with earning passive income is that many different websites and people are looking to scam innocent who want to earn extra money every month with little work involved. They prey on beginners on the internet with their promises of riches but those promises usually turn out to be a scam. If someone is offering you a course or program that will make you money with absolutely no work involved from you then you should probably run. Creating passive income online does require work upfront to make money, but then it should be relatively work free.
Things you need to know about earning passive income by writing online:
- Passive income is something that builds up over time. It is not a get rich quick scheme. If you need to make thousands of dollars in your first month then you need to do something else. This is not the way that you will make a lot of money fast. It will provide you a nice steady cash flow in time, but it is not the way you want to go if you need money immediately.
- You need to understand how the passive income generating system you choose works. If you are choosing to create your online income through writing then you need to be aware of how writing for websites works.
- Don't be worried if you start out making pennies. Like I said, it takes time to build up passive income. It is not a fast process, but over time you will accumulate a large inventory of articles and the money will build upon itself. Those pennies will turn into dollars and then more.
- This kinda of passive income creation takes work, patience, and persistence. You will need all of these characteristics if you want to have a shot at making an amount of money that will actually make a difference in your life. Otherwise you will keep making the pennies everyone makes in the beginning. It will also help if you know how to write and have a good knowledge of many subjects, but those things can be learned in time.
Earning money online is something that takes work no matter how you look at it. Making passive income by writing will take initial work of writing, but it can be done and done well. There are many freelance article writers out there that make a good amount from writing online after they wrote the initial article. Keep in mind passive income is not the money you get paid when you first write an article, but it is the residual income that you earn for your words each month after they are already published. That residual income is your passive income you earn from writing.
Ways to make passive income writing online: Writing articles for websites
In the most basic terms you earn money online by writing articles for websites that continue to pay you for those articles either based on views or on advertising money created. There are many of these websites out there now. Some are based on sharing adsense revenue like Info Barrel and Xomba, and some are based on the page view impressions like Associated Content and Helium.
Beyond these websites there are hundreds of others that you can sign up for to write articles to earn passive income from. You probably won't make much at first, but once you have belonged to a site for a while and add hundreds of articles you can create a great passive income that you receive each month with no additional work. All you have to do is write the articles and wait for the money to start coming in.
Ways to make passive income writing online: Blogging
Blogging is another way to make passive income online that allows you even more control of the passive income you could make. When you write for article sites they keep part of the money your articles earn. When you write a blog you keep all of the money your blog earns after you write your blog posts. With this method it requires even more work to make money because you don't have an established site to help you get pageviews and readers. But with dedication you can earn passive income by writing a blog on any topic that excites you.
Ways to make passive income writing online: Writing and selling an ebook
If you have a large amount of knowledge on one particular topic you might want to consider writing an ebook for your method of earning passive income. Once you write and ebook you can sell that ebook over and over again earning money with no additional work on your end. Once the system is in place the ebook can sell itself and you can just sit back and reap the benefits of earning money with an ebook. If you aren't great with the technical side of things, don't worry. You can just write the ebook and then find someone online to edit and put the ebook together in a beautiful way for a small cost.
Ways to make passive income writing online: Put it all together
If you really want to be smart about making money writing on the web then you will go ahead and put all of these things in your arsenal for creating passive income. You can create a blog that promotes your ebook on a certain topic and then you can link your articles to your blog to promote the blog. All of these things will earn you money and at the same time they will all promote the other to earn even more passive income. You will create a little passive income earning empire all by writing! The possibilities are endless!
Get started making passive income writing online NOW!
If you know you want to make passive income and you know you want to make it through writing then I suggest you get started now. Sign up for a site like Info Barrel and start writing. Write as many articles as you can and realize that the more you do the more it will build upon itself. But you can't start to make passive income online by writing until you start. So start now!