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Now that youve chosen your market, find a way to start sharing your message, whether a blog or podcast or Youtube channel, or whatever platform makes the most sense for your target market. Flynn claims this is where youll begin to construct a fan base and collect subscriber emails.
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Use your base to build your audience, and when youre starting out, take advantage of the fact that you dont have a large following to provide more personalized help for your initial fans. The people who are starting out thats their advantage, says Flynn. They have the opportunity to talk directly with these people few coming their way to find out what their problems are and provide them the unique treatment that bigger brands might not be able to do. .
Some websites Flynn recommends for learning are Fizzle.co, InternetBusinessMastery, SocialTriggers.com, and MichaelHyatt.com.
You cant start charging right off the bat with no audience knowing anything about the value that you provide (though you could still indirectly earn money from them using the ideal ads). The best way to go in terms of a long-term passive income business is delivering value and information at no cost, and so establishing experience, knowledge and trust with your audience, says Flynn. .
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Once your audience has grown and you have validation that youre offering them value, there are many ways to create passive income. You could sell electronic products such as ebooks or classes, take affiliate marketing in which you market other companys products and earn a commission when you sell that item for your audience, build a community and charge folks to be a part of it, produce software and sell this, among other avenues.
Flynn has produced many different products. While his LEED exam is exactly what got him started, he's both earned a commission from selling other peoples products and offered a commission to other people who would sell his wares, and recently created his very first software, SmartPodcastPlayer.com, after realizing that many online podcast gamers offered only the basic stop/start/volume features.
We sold out 250 beta licenses in less than 24 hours, because I had been addressing a need but also, I had built an audience and trust together When you construct that amount of confidence with your audience, whatever you come out with, they may adore. .
If youre concerned about launching a new solution, and think you might need some comments to make it really good, Flynn recommends pre-selling an idea for instance, offering a his explanation limited number of places or chairs into, say, a class you create and giving the evaluation group specialized attention so that you can see the way to enhance the content.
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Once you start to see some achievement, dont be led astray from the money. While Flynn does utilize affiliate marketing to generate money, he only ever recommends products he has personally used and likes. He is inundated by offers to earn $50 per sale through commission on products he has never even tried.
I only use products Ive used before, since that trust you've got with your audience is the most important thing in the entire world. He says in the event that you really do recommend a product for the incredible commission but your audience has a bad experience with it, your credibility will be taken. .
The moment that you begin to do things for money, the moment you begin to lie in your revenue marketing backup, the moment that you begin to place dishonesty in your job is that the moment you Visit Website should reconsider why youre doing that function in the first place, says Flynn.
In order not to cling to this, Flynn says its important to know your motivation. Passive income is important to me not only for the financial security but I can spend time with my family, he says. Ive been able to work from home and witness all of my kids firsts.
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