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Now that youve chosen your market, find a way to start sharing with your message, whether a blog or podcast or Youtube channel, or whatever stage makes the most sense for your target market. Flynn says this is where youll start 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 essentially 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 large following to give more personalized help to your first fans. The men and women who are starting out thats their advantage, says Flynn. They have the opportunity to talk directly with those people couple coming their way to find out what their problems are and give them the special treatment that larger brands may not be able to do. .

Some websites Flynn recommends for learning 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 nevertheless indirectly earn money from them using the right advertisements ). The best way to go in terms of a long-term passive income business is delivering value and information at no cost, and therefore establishing experience, knowledge and trust with your audience, says Flynn. .

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Once your audience has grown and you've got validation that youre offering them value, there are many ways to make passive income. You could sell electronic products like ebooks or courses, take up affiliate marketing in that you promote other companys products and earn a commission when you sell that thing for your audience, build a community and cost folks to be part of it, create applications and promote that, among other avenues.

Flynn has created many different products. While his LEED exam is what got him started, he's both earned a commission from selling other peoples products and provided a commission to other people who would sell his wares, and recently established his first software, SmartPodcastPlayer.com, after realizing that many online podcast players provided only the fundamental stop/start/volume features.

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

If youre worried about launching a new product, and think you may need some comments to ensure it is really great, Flynn recommends pre-selling an idea for instance, offering a limited number of places or chairs into, say, a course you create and giving the test group technical attention so that you can see how to enhance the content.

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Once you begin to find some success, dont be led astray from the money. While Flynn does use affiliate marketing to make money, he only ever recommends products that he has personally used and likes. He's inundated by offers to earn $50 per sale through commission on products he has never even tried.

I only use products Ive used previously, since that trust you have with your audience is the most important thing in the world. He says if you really do recommend a product for your more info here incredible commission but your audience has a bad experience with it, your credibility will be taken. .

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

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

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The Keys of Powerful Income Opportunities4.8 (96.92%) 13 votesHow Earn Revenue Like a Guru with Proven Passive Income OpportunitiesCreating a passive income stream requires a little more work and research up front and there are just certain specific fields that have proven effective time and period again.But, the foundation which you produce for this type 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 can allow you to increase your earnings and accelerate your financial targets in exponential ways.

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