Can You Really Make Passive Income?

There's a debate online right now about whether passive income is not just possible but worthwhile. It's not something that will make you rich overnight. Honestly, I've been at the passive income venture for years, and only just started seeing a decent amount of income come in each month. And when I say decent, I mean decent for me.

Making passive income is hard. It takes time and effort and you don't start to see the rewards for a while.

Even if you do all the tricks in the book, you won't instantly see results. There are people six months in only just starting to see their first earnings.

Those that do show earnings right away have usually built up a name for themselves elsewhere. Or they've built their social media following already. Or they've been one of the 0.1% that just hit it lucky. Anyone who says that they made six figures overnight is likely lying to you.

Here's what you need to know about really making passive income online.

You need to put the effort in. There will be weeks where you only seem to work but get nothing out of it. There are weeks that you don't spend much time with your family. But these are only at first. Once the money starts to come in, you can start taking some steps back. But you have to put the effort in to begin with.

You need to treat it like a business. Passive income isn't just something that happens through hobbies. Sure, there was a time it was possible, but your passive income venture needs to be a business. You need to treat it seriously if you want to see serious money come out. I set hours for marketing, growing the blogs, and adding new content.

You need to make a name for yourself. It's not all about what's on your blogs. You need to get out there on social media. Chat to people on Twitter and focus on growing your Facebook page. Think of other ways to connect with people over your comment interest for however you're making passive income. Don't hard sell. Networking is a powerful tool.

You need the right products. Some people will tell you that you don't need to choose the right products to make passive income. If people trust you then they will buy regardless. That's not quite true. I say this from a customer's point of view. If I don't trust the brand or the website, I'm not going to buy, regardless of who is promoting it. I will do my research into the specific company. You need to promote the right products to encourage people to buy them. Your products also need to connect to your niche!

It is still possible to make passive income. There's a world of opportunities out there. To make it work, you will need to make sure you connect, promote, and treat this like a business.