Growing my passive income and affiliate marketing skills
This post contains affiliate links
In it, I talked about earning around 20% of my revenue from passive income – this was from a couple of small products I created along with some affiliate programs and products that I promoted.
In all, I’ve made almost $13K in passive income in the last 12 months (wooot! I’m so excited!) and I’m new at it so this is just the beginning for me since there has been a ton of learning, building, and creating.
Here are some of the payouts I’ve received in my PayPal account from affiliate marketing and passive income products.
While I’ve been working with clients one on one for two decades, I’ve never done affiliate marketing or created digital products before.
So, while this isn’t that story about the “six-figure launch” (at least not yet!), I’m pretty proud of my progress.
And, of course, the greatest thing about passive income is that while it takes a lot of time to set up, once the work is done you can make recurring revenue with almost no effort.
Books that taught me about passive income
I’ve been reading and studying on passive income like crazy, but there are two books that were really eye-opening for me that I want to tell you about in case you want to accelerate your efforts making passive income like I am.
And, while they are both incredible, I’m going to focus on discussing Expert Secrets because I think it provides a foundation for every business owner and blogger who wants to create passive income in their business through information products. (Dot Com Secrets adds on more of the technical “how to”)
Expert Secrets is one of those books that will sit beside your desk, dog-eared and highlighted because you will refer to it hundreds of times.
I am an obsessive reader and there are very few business books with such instant actionable and ROI-producing advice.
Honestly, you should stop everything you’re doing and get a copy…right now.
Do not even hesitate for one minute! Get it.
And here is my bonus tip.
When you purchase it, there will be an upgrade offer where you can get Expert Secrets, Dot com Secrets and four supporting booklets.
He calls it the Blackbox book bundle.
This is what I got and it is SO worth it.
I took a photo of my Blackbox bundle so you can see it (I’m not a very good photographer, but you’ll get to see everything in it!)
Those little books that come with help you to build funnels and become skilled at passive income more quickly than the books alone.
So, if you can swing it, upgrade to the Blackbox bundle! It’s not that much and you’ll get a big ROI quickly when you put all of his tips into action.
You’ll learn how to position your business and expertise
Regardless of the type of business you run, these books also cover a ton about how to elevate your authority and build your audience.
Russel Brunson describes what he calls an “expert” business.
This is a business that provides information to its audience – (it even applies to companies that sell products).
If you offer coaching, consulting, professional services, or are a blogger, this is pure gold. Especially if you want to add passive income revenue to your business.
Here are more of the specifics of what Brunson covers in Expert Secrets:
- How to create your mass movement (commonly known as your audience, followers, tribe, community or fans).
- How to establish yourself as an Attractive Character who is a leader, influencer, and guide to your community.
- How to find your voice.
- How to help your community to achieve the results they desire.
- How to create your irresistible offer
- The 4 story-telling techniques that are essential to selling your offer.
- How to develop and deliver a sales presentation to sell your irresistible offer.
- How to create the perfect webinar hack that allows you to sell your irresistible offer online (This is a proven formula that works).
While you may have some resistance to selling, the proven strategies and techniques outlined in Expert Secrets show you EXACTLY what you need to say in order to sell your product or service—regardless of what it is.
As I mentioned, I read a ton of books. None of them, however, stack up to Expert Secrets in terms of taking specialized knowledge and turning it into an information product so you can make passive income.
The reason? This book has case studies, examples, easy-to-understand diagrams and, most importantly, action items.
And when you begin to put things into place, you’ll start to become more confident and then do more!
This book gives you the exact recipe you need to create your own expert business that brings you passive income. I know you’ll love it!