What is Passive Income?
Passive income is income that keeps coming to you after you’ve done the work one time. Passive income requires an up-front investment, of either money or time (or sometimes a little of each).
Buying a duplex and renting it out nets you some monthly income after you invest in the property and find tenants. Royalties from traditional book sales are, technically, passive income, after you’ve invested time to write the book, find a publisher, etc.
Sometimes called affiliate marketing, you receive a commission for successful referrals.
There are two ways to approach affiliate marketing. The first involves signing up as an affiliate, then creating a small site — often only one page — to drive traffic to. When people click from that page to the provider of the product or service and purchase, you receive a commission.
What I am offering at The PEP Club is more than just your average “Passive Income”. Here at The PEP Club we discuss how to take your “Expertise” and turn it into residual, passive income. You already have something people want: Knowledge. We have are running around with all this knowledge and some of it taking up our gray matter for no reason, like that dumb song you can’t get out of your head. What about things you have taught others? Or things you know how to do and no one else does? Maybe you have great home-cooked recipes you can teach others? Or what if you are a great photographer and want to teach others about it or even just to sell your prints to others?
The PEP Club is not just another “get rich quick” scheme. I am taking MY knowledge about how to do this and sharing it with you. Week by week we I will send you valid emails with tips, tricks and ways to do just that!
So what are you waiting for?