Many people get interested in passive income and the enormous potential that websites have to offer, but have no idea where to start. Here’s my advice for newbies:
- Keep earning money the way you know how. Don’t start any passive income project with the idea that it will make you rich overnight, or in the next year. It won’t. It’s a long term investment. Stay grounded.
- Start a blog on a unique topic that you are passionate about. Why a blog and not another form of website? A blog is the easiest tool by far to create content on a regular basis without having any technical knowledge. Blogging also makes it much easier to get started in marketing your website by developing connections with the community of bloggers. Go to Wordpress.com and set up a blog there–it’s free and they have the best blogging platform (in my opinion). Get your own domain name rather than whatever.wordpress.com. It’s not required, but it’s cheap ($15) and you’ll be happy you did later, because you will be building PageRank and incoming links in Google that will be attached to your domain, not to a Wordpress subdomain. Wordpress doesn’t need your PageRank, keep it for yourself.
- Commit to three things:
- Write a new post every day (or at least several times a week).
- Learn everything you can about blogging and passive income. Start at www.problogger.net. Consistently apply what you learn to your blog. Research affiliate marketing, e-commerce, copywriting, SEO, ebooks, and anything else that piques your interest.
- Develop your online presence. Comment on other blogs in your niche or related niche. Get a profile on Zaadz and connect to others with similar or complementary specialties.
If you do the above and sustain it for a year, you will have:
- A blog with a decent readership.
- Enough knowledge to start making some money with your traffic.
- A good idea of where you want to go next.
If you decide after a year that you want to start an online store drop-shipping golf clubs instead, you will be starting with a much better knowledge of online marketing, and at least one site that gets traffic and has some PageRank which can provide a substantial boost to other projects you wish to start, especially if they are in a related field.
The best way to learn is to jump in. Whatever your passion is, there’s a successful niche in there for you. Go for it!
Tags: blogging, getting started, passive income


Hi I'm Emma.


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March 8, 2008 at 11:45 am
Liane Blanco
Very good advice - especially on the time factor. There are too many get rich quick sites and scammers out there. Luckily, they are usually easy to spot simply by their excessive use of bold and/or red text.
I love your designs, by the way!
Liane
March 8, 2008 at 1:39 pm
Emma
Hi Liane,
Yes, they are given away by the oversized text and super-long sales letters. =)
Thanks for visiting and commenting!
Emma
September 2, 2008 at 1:44 pm
Mette
Cogent advice, Emma. The idea is go get rich slow as you say, write about something you are passionate about, and develop your own Web site to build page rank.
Beyond affiliate marketing pursuits, Web site owners and bloggers should think about other passive income opportunities — that is residual income derived from such things as royalties, limited partnerships, and Real Estate, or portfolio income derived from dividends and interest of stocks and bonds. My advice is to start your blog or Web site with these goals in mind and build a financial freedom account to get even more of these kinds of residual income.
As an example, I just started a Web site http://www.ponypartyideas.com and I’ve monetized this blog through both eBay and Amazon. Like you said, Emma, don’t give Wordpress your page rank! This niche Web site already getting hundreds of hits a day and it’s only been up a couple of weeks and I’ve been indexed by Google. If I had written this on Wordpress, then I wouldn’t be able to leverage the power of a page rank.
Okay, I’ve been rambling. ….So I’ll try Problogger and Zaadz. Thanks Emma!
Kind regards,
M.C. Nygard