Setting up a system to offer online stock photo licensing has been on my to-do list for months. But I had avoided sitting down to set up the pricing structure for my collections, thinking it would take too much time. When I finally did it, it took me about 20 minutes to price 14 collections!
What boosted me into action? Talk about income without effort, a.k.a. passive income, was a key theme of the Millionaire Mind Intensive.
Stock photography is just one option for passive income. But it’s one of the most obvious for me, as a photographer with thousands of images showcasing extreme sports, street style, pop culture and more.
Network or multi-level marketing is another option that works for many people. But it’s important to find one that fits with your personality. Selling products and hassling with inventory — two typical components of many MLM systems — don’t work for me. But one that I’ve found fits well with my interests, personality and talents.
It’s a program where you coach others online to achieve their health and fitness goals. Given that I am personally committed to improving my fitness after months where almost everything I did — snowboarding and downhill mountain biking — was gravity-assisted, and thus not especially aerobic, this was a great find for me.
One of the better online resources for information about wealth building and passive income is the Rich Life Club, where I learned about the two programs above — plus many more jewels of business and investing information.
Anyone who’s interested in creating content online needs to look into affiliate programs. Given that I have actually worked in online marketing, as a SEO copywriter for MSN Search Featured Sites clients, it’s amazing to me that I never thought seriously about creating blogs as a means of moneymaking. Even when encouraged by others.
But when I decided to start this blog, I acted with no hesitation. In two days, I figured out how to set up a mySQL database and code my blog so that I could set up rotating affiliate ads — even though my prior HTML experience was relatively entry-level, and I’d never worked with PHP or XML files before.
And I already have hundreds of hits!