Make Passive Income Online Easily?

Income is a slow snowball effect

Definition Of Passive Income

So what exactly is passive income? And how can you make passive income online? Money we earn whilst we’re not paying attention? A second job? Extra cash?

The answer is kind of all of the above but it’s better than that…

So to describe passive income in the way I like to define it, I would say that Passive income is a source of income you get by doing little to no effort and there is near to nothing one needs to do to maintain that source of income.

Picture a real estate investor that owns several flats and he or she rents each of these flats out for a sum.

This sum is great enough to cover the bills and expenses such as mortgages, utilities, damages etc. and simultaneously leaves aside a nice bit of money to spend or live off.

That little extra cash would be the passive income.

Another possible opportunity could be to earn interest on your investments.

Maybe the dividends that are generated yearly, is enough money to spread it out over the year as a salary.

Income

To be honest any type of business you create could be a source of passive income, as long as you don’t have to get your hands dirty.

Employ someone to do the dirty work for you.

Once you build trust you could promote him to manage your business and let him employ someone else below him.

Once you just check your bank account every month, to see how much it grew, that’s when you reached the level of living off, what would be your passive income.

My Preferred Source Of Passive Income

All of the above sound very tempting and interesting. I’m quite confident that one day I will have an empire of several different streams of passive income.

The one source I am currently working at and loving so far, is Affiliate Marketing.

Why? Well if you consider the amount of people that use the internet and own credit cards that could be your potential customers, you have such an immense advantage already to generate passive income.

If for instance you’d want to start off with real estate (don’t get me wrong I really fancy owning a few buildings of my own) look at the few issues that come up in just a few seconds of thought. Here’s a few things you’d probably need:

Work from home

  • Money
  • Know how knowledge
  • Research skills
  • The right location
  • The right tenant
  • People on standby in case of damages to repair
  • etc

This tiny list there already puts me off.

I know I make it sound dramatic and horrible when in reality there are millions of successful real estate people out there.

But what I’m trying to say is, with affiliate marketing and especially at Wealthy Affiliate, I don’t have any of these issues.

How Is It Possible?

Again, there are many ways to generate passive income online, but with affiliate marketing I don’t believe anyone should have to invest any money.

There’s enough content out there for free to make it in that type of business.

The only money you would need to spend, should be on paying for your internet bill at the end of the month (but then again you could probably work off an internet café or use a public free wifi zone too).

Inform yourself before you start working your way through it. That way you avoid annoying mistakes and wrong habits you need to shake off in future.

Put on your glasses and start doing some research, watch videos on youtube with relevant content and don’t let yourself get off track.

Soon enough you will have a few of those 2 billion internet users right on your site and letting you generate a passive income.

The Beauty Of Passive Income!

I’ll finish off this post by explaining how precious and valuable passive income can be. Imagine working hard your entire life.

Getting that promotion you’ve wanted for years and finally getting that bonus you’ve anticipated all year round.

Now picture living with a salary increase of $500-$700 more and all you have to do is work more hours and receive increased responsibility!

Does that sound attractive? I hope you said no because to me it sure doesn’t.

When I first started working I didn’t realize how much I value my time.

I’ve only been working in an office for about 3 years but that’s more than enough time wasted for me.

I want to generate passive income so that I can live off it and go outside and enjoy the sun when it’s warm.

I don’t want to watch it from inside my office and imagine what it would feel like on my skin.

I don’t want to lie in bed every night, dreading the next morning’s alarm clock shouting at me to get up and go to work.

I don’t want to only have a few days a year of holiday and be broke after each trip.

All these issues can be gone with a nice comfortable passive income. And the beauty is that we can all generate one if we really want to.

And the beauty of it all is that you don’t need more than a laptop and an internet connection. So ideally you can work from the beach!

Relax


Conclusion

To conclude, please don’t be fooled by society, there are many easy ways to make passive income online. No one wants to waste their time.

It’s the only thing in this world we can’t get back once it’s gone. Maybe you don’t want to become a millionaire. Not everybody does.

But I know you don’t want to waste your time for someone else to make that person richer.

You want to spend time with your families or travel the world or get to hang out with friends reconnect with lost friends. I’m sure we all do…


If you share the same thoughts please let me know and if you have any success stories please share them too. If you disagree I would like to hear your point of view also!

Thanks for reading,

Esteban

6 Comments

  1. I totally agree with you about generating a passive income and also how invaluable time is. I am trying to create my own source of passive income now, so that I can spend time with my family. People never know how much time we have left. I want to spend my life happy and doing what I love. Thanks for this article and your recommendation!

    • Couldn’t agree more with you. Time is so rare and spending it with the ones we love is the only thing that counts I find. Being free through passive income gives us the time to do what we want and like.
      I hope you achieve this goal soon!

      Good luck and thanks for the comment!

  2. Dear Esteban,

    A great Blog Post as usual. 🙂 I can easily relate to all you have said here. I too like yourself would love to achieve Passive Income Online.

    I wouldn’t mind it all since it gives me time to do the things I want to do. Get caught up with spending more time with family and friends while I make money online. I could not imagine having such a better dream job than this. It is worth it snd highly rewarding in the long run. 🙂

    Wishing you all the best with this and your futuristic endeavors above and beyond the horizon,

    ~Angel

    • Hi Angel,

      Again completely agree with you. I honestly can’t think of a better lifestyle than to work from wherever in the world doing whatever you like and simultaneously work on your given hours and make a nice income.
      We are still young so I hope we can achieve this sooner than later to make use of our youth!

      Thanks for the kind comment. Glad you enjoyed this post also!

      Esteban

  3. Really nice website, nice content.
    I can see that you put all your effort and creativity for it, I really like it!
    I like the sites design and its simplicity and how you can easy learn about everything.

    Keep up to good work.

    • Hi and Thank you!

      I was really going for a simple design to be straight forward and not distract my readers from my content. I’m glad this came through and you noticed it. Also grateful for your opinion on my overall work 🙂
      thanks,
      Esteban

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