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Now that youve chosen your niche, find a way to start sharing your message, whether its a blog or podcast or Youtube channel, or anything stage makes the most sense for your intended market. Flynn says this is where youll begin to build a fan base and collect subscriber emails.
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Use your foundation to build your audience, and when youre starting out, take advantage of the fact that you dont have a big following to give more personalized assistance for your first fans. The men and women that are starting out thats their advantage, says Flynn. They have the opportunity to speak directly with these people few coming their way to find out what their issues are and give them the unique treatment that bigger brands may not be able to perform. .
Some sites Flynn recommends for learning more are Fizzle.co, InternetBusinessMastery, SocialTriggers.com, and MichaelHyatt.com.
You cant start charging directly off the bat without your audience knowing anything about the value that you offer (though you might nevertheless indirectly earn money from them using the right ads). The best way to go in terms of a long-term passive income business is delivering value and information for free, 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 classes, take up affiliate marketing in that 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 part of it, create software and sell that, among other avenues.
Flynn has created many different products. While his LEED test is what got him started, he's both earned a commission from selling other peoples products and provided a commission to others who would sell his merchandise, and recently established his first applications, SmartPodcastPlayer.com, after realizing that most online podcast players offered only the basic stop/start/volume features.
We offered 250 beta licenses in less than 24 hoursbecause I had been addressing a need but also, I had built an audience and trust with them 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 may need some feedback to ensure it is really good, Flynn recommends pre-selling an idea for instance, offering a limited number of spots or chairs into, say, a class you produce and giving the test group technical attention so that you can see how to improve the content.
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Once you begin to see some achievement, dont be led astray from the money. While Flynn does utilize affiliate marketing to make money, he only ever recommends products right here that he has personally used and likes. He is inundated by offers investigate this site 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 have 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 however, your audience has a bad experience with it, your credibility will be taken. .
The moment you begin to do things for money, the moment that you begin to lie in your sales marketing copy, the moment you begin to put dishonesty in your job is the moment you need to reconsider why youre doing that work 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 some time with my family, he states. Ive been able to work from home and witness all of my children firsts.
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