What Is Passive Income and How Can I Create It?

What Is Passive Income and How Can I Create It?

People that I meet online often want to know how I manage to create multiple income streams with several businesses and affiliate programs.

My answer usually that I create passive income with each of the programs I represent.

So, then they want to know how they can create passive income too.

I don't mind sharing that I market most of my businesses the same way, online through networking and creating a presence to get myself in front of as many people as possible.

That doesn't mean I do exactly the same thing for each business; it means that in general I am finding resources online where I can create a compelling presence so others can read about what I do.

Once I have the online resources, I can promote anything I want to attract ONLY those people who are already looking for what I have to offer.

And there are many different online resources where you can create a presence.

When you match up the product with the online community and the members there you are going to attract those who are already interested in what you offer.

Once you create a presence at a particular community or online resource, it's done... working for you while you're sleeping or playing or traveling or whatever you choose to do.

Of course passive income is not instant and it does not come without any effort on your part.

So, it would be more reasonble to say that you can create an income stream that becomes passive over time. 

How much time?  That will vary depending on your efforts.

Copyright 2009-2010 Linda Miller is a Spiritual Entrepreneur and Attraction Marketing Coach.  Subscribe to Linda's complimentary courses at: http://LawOfAttractionSecrets.com and http://LindaMillerOnline.com