From Passive Income to Financial Independence

<p class="MsoNormal">Growing your passive income online to eventually achieve
financial independence requires some extra work. Here are some tips to do
exactly that – fire up your passive income!</p>
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<p class="MsoNormal"><b style="mso-bidi-font-weight:normal">1.<span style="mso-spacerun: yes">&nbsp;
</span>Be genuine in sharing<o:p>
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</b></p>
<p class="MsoNormal">First rule in growing your passive income is you must
demonstrate genuine interest and be genuine in sharing. Your potential clients
can feel it from the content of your website. Be honest about your products.
Generally people will not mind if you are recommending something useful however,
you can turn people off easily if people realise what you recommend is actually
of less value than you claim.</p>
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<p class="MsoNormal"><b style="mso-bidi-font-weight:normal">2. Use social
network <o:p>
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</b></p>
<p class="MsoNormal">As the popularity of the social media skyrockets, it would
make no sense if you take advantage of them to promote your products. Use social
media such as Facebook and Twitter to get in touch with your fans and potential
clients. Reply to every comment and reply every email. Engage the readers in all
conversations. Slowly, you will build a marketing army which will market your
products for you in their network.</p>
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<p class="MsoNormal"><b style="mso-bidi-font-weight:normal">3. Build a
subscriber list.<o:p>
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</b></p>
<p class="MsoNormal">A list of subscribers to your blog is essentially a list of
potential customers who are really interested at what you can offer them. It is
much easier to promote your products to these subscribers and get them to buy
your products rather than doing a general promotion online.</p>
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<p class="MsoNormal"><b style="mso-bidi-font-weight:normal">4. Aim to instill
value <o:p>
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</b></p>
<p class="MsoNormal">This is one of the most powerful strategies. If you can
deliver valuable products consistently, who would not want to own them? Put your
passion into growing your passive income and aim to educate your clients with
your products. It will keep them coming back for more.</p>
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<p class="MsoNormal">Good luck!</p>

How to Make Your First Buck Online

The advent of Internet has made money making easier than ever. Instead of being physically present at a certain location to promote and sell your products or services, you now have the whole world as your potential clients! It is no wonder that more and more people are turning to internet to make their passive income. How to start making your first buck online? One of the simplest way is to develop and market information products or in other words, an eBook.

1. Pick a topic.

Find an area of your interest or something you are familiar with. For example, if you are working in a publishing company as an editor, you can share tips on publishing magazines or self-publishing. 

 

2. Survey the market.

Use “Google External Keyword” tool to find out the search volume for your market. Search volume reflects the interest of the online population on your topic. As long as the “keyword” of your topic has a decent search volume, you can assume that your informational product would have some demand when it is put up on sale.

 

3. Brainstorming for ideas

Keep a list of ideas for your topic, either on your note book or on your computer. The single major benefit of writing down all your ideas as they come in is that you can avoid forgetting about them. This strategy would save you much time if you use it regularly.

 

4. Get a website up

You need a platform to promote and sell your informational product. Start with using free blogsite such as Blogspot or Wordpress. As your traffic builds up and you are really making an income, consider to upgrade to web hosting site where you have more freedom in customising the website for the content.

 

5. Draw traffic to your website

A common strategy is by creating interesting content on your blogsite. This free information serves two purposes: first, to educate the public about the topic and secondly, prime them to purchase your ebook! You can also go to a similar blog, post relevant comments and share the link to your articles.

 

Now you are set to generate passive income online with your informational product!!