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Now that youve chosen your market, find a way to start sharing your message, whether its a blog or podcast or Youtube channel, or whatever stage makes the most sense for your intended market. Flynn claims this is where youll begin to build a fan base and collect subscriber emails.

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Wired cofounder Kevin Kelly wrote an article about 1,000 Authentic Fans, which basically says that  states Flynn. .

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Utilize your base to build your audience, and when youre starting out, take advantage of the fact that you dont have a big following to provide more personalized help for your initial fans. The people that are starting out thats their advantage, says Flynn. They have the opportunity to speak directly with these people few coming their way to find out what their problems are and provide them the special treatment that bigger brands might not be able to perform. .

Some websites Flynn recommends for learning more are Fizzle.co, InternetBusinessMastery, SocialTriggers.com, and MichaelHyatt.com.

You cant start charging directly off the bat with no audience knowing anything about the value that you offer (though you could still indirectly earn money from them with the ideal advertisements ). The perfect way to go in terms of a long-term passive income business is delivering value and information for free, and therefore establishing expertise, knowledge and confidence with your audience, says Flynn. .

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Once your audience has grown and you have validation that youre offering them value, there are many ways to create passive income. You can sell electronic products such as ebooks or courses, take up affiliate marketing in that you market other companys products and earn a commission when you sell that item for your audience, build a community and cost folks to be part of it, create software and promote this, among other avenues.

Flynn has created many different products. While his LEED test is exactly what got him started, he has both earned a commission from selling other peoples products and provided a commission to other people who would sell his wares, and recently created his first applications, SmartPodcastPlayer.com, after realizing that most online podcast gamers offered only the fundamental stop/start/volume features. additional reading

We sold out 250 beta licenses in less than 24 hours, because I had been addressing a need but also, I had built an audience and hope with them When you build that amount of trust with your audience, whatever you come out with, they may love. .

If youre concerned about launching a new solution, and think you may need some feedback to ensure it is really good, Flynn recommends pre-selling an idea for instance, offering a limited number of places or chairs into, say, a course you produce and giving the test group technical attention so you can see the way to improve the content.

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Once you start to find some achievement, dont be led astray from the money. While Flynn does utilize affiliate marketing to generate money, he only ever recommends products that he has personally used and likes. He is inundated by means of earn $50 per sale through commission on merchandise he's never even attempted.

I only use products Ive used before, since that trust you've got with your audience is the most important thing in the entire world. He says if you do recommend a product for the incredible commission but your audience gets a bad experience with it, your credibility will be shot. .

The moment that you begin to do things for money, the moment that you start to lie in your revenue marketing copy, the moment that you start to place dishonesty in your job is the moment you need to reconsider why youre doing that work in the first place, says Flynn.

In order not to cling to that, Flynn says its important to know your motivation. Passive income is important to me not only for the financial security but I can spend some time with my family, he says. Ive been in a position to work from home and witness all my children firsts.

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The Keys of Successful Income Opportunities4.8 (96.92%) 13 votesHow Earn Revenue Like a Pro using Proven Passive Income OpportunitiesCreating a passive income flow requires a little more work and study up front and there are just certain specific fields that have proven effective time and time again.But, the foundation that you create for this kind of business will continue to bring in a stream of revenue turning website visitors into long-time customers from that single sale.A passive income stream in your portfolio will allow you to increase your earnings and speed up your financial goals in exponential ways.

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