5 STEPS TO WORKING FROM HOME AND BUILDING A PASSIVE SOURCE OF INCOME

Over the years studied have been carried out and seen the Internet making tremendous impact in the lives of millions of people. Probably we many still unable to completely grasp and comprehend the absolute importance or use of the Internet. Now we see things that were not thought possible, now very much possible on the Internet. It is no more news that the average person can from the comfort of his home, with average knowledge of tech, build from scratch an impressive and steady stream of income.

When you start opening your eyes to online potential, you will astonished and excited at the same time. Excited because it was some kind of dream come true for me. Especially if you have always dreamt of been in control of your activities, your time as well as your income. And that is what the Internet will provide you.

There are ofcourse hundreds of ways to generate income and build an online enterprise, and these are no longer surprising as millions of people are already doing these things. For now, here are 5 sources, these five ways is believed are probably the easiest to start and the most guaranteed.

Now for disclaimer; these are not get rich quick scheme. If you’re looking for ways to make money quickly with no hassle, then am afraid you’ll be disappointed. These are legit and functioning ways that with some level of effort, and of course patience, you can start to earn passive income. And be certain that the better you get, the better you earn. The goal here is not to focus on the income. But I want you to see it as an opportunity to explore other possibilities.

1. Freelancing

Surprisingly, this is the most widely engaged form of Internet source of income. Many start this when they go broke and unemployed. They don't get into it because they didn’t want to work for someone else. They got into it because where they lived at the time it was difficult to secure a job as an afro African for example,. Because when you live in a racist area these things are inevitable. It is hard to look elsewhere where especially when you would be limited and judged by the colour of your skin. And that was on the Internet and freelancing got alot started.

So basically Freelancing is simply, instead of looking for jobs, you’re looking for clients. Clients to work with and they pay you for your service. It’s that simple. If for example you are good at writing creatively, you can search for clients who wants writing services and offer them your skills and abilities. You write for them and they pay you after the job is completed. Whether you’re a Web Designer, Software Developer, Graphic Designer, Data Analyst, etc. Whatever skills you have, there are millions of people out there who are willing to pay for the service your skill can provide. That is how freelancing works.

If you enjoy been your boss, deciding what you do, when you do it, then freelancing is a sure way to get started.

2. YouTube

YouTube in recent years has been incredibly productive and successful. There are hundreds of thousands of YouTubers who are living successfully through income generated off YouTube. Now beside the income, one beautiful thing about been a YouTuber, is that it gives you a means of expression. A medium where you relate with others visually and affect their lives in a positive way.

YouTube in recent years has been incredibly productive and successful. There are hundreds of thousands of YouTubers who are living successfully through income generated off YouTube. Now beside the income, one beautiful thing about been a YouTuber, is that it gives you a means of expression. A medium where you relate with others visually and affect their lives in a positive way.

Becoming a YouTuber is quite easy than most people think. You would agree with many that when you watch some YouTube videos, and you see the quality of the video and audio, one is forced to think that such sophistication must be expensive, professional and time consuming. Time consuming, yes. But the former's aren’t really all true. You can start a YouTube channel on a budget. Something as cheap as you can afford. The most important thing is having something valuable to say. And it is advisable that anyone who wants to start a YouTube channel to focus on topics/niche of what they love and passionate about. Something you know you can go on and on about. Something that is durable, effective and people would continually love to engage with. Something informative, inspiring and of course educating. Once you’re able to get this down, then the gadgets that you need to get started is nothing more than a device with reasonable camera quality. And these days most mobile phones has incredible qualities when it comes to videos and images. Other gadgets like; tripod stands, extra lenses (if need be), audio recorder, etc. Can be gotten online via Ali-express, Amazon, eBay, etc at surprisingly cheap prices.

When you start producing video contents and those contents are getting reasonable amount of views, you can then decide to monetise your YouTube Account. Google then calculate those views per cents or however it’s been collected and pay you for it. The higher your views, the more income you generate. And at the end of the month, Google sends you your pay check.

3. Blog

Blogging can be an insanely successful venture when done properly and consistently. Owning and managing a blog has never become so easy as in recent years. Now with incredible services offered by Internet giants like;Wix, WordPress, Square-space, etc. One can access and manage their blogs from their mobile devises. It’s that easy nowadays.

Blogging many would like to see it as the opposite of YouTubing. Instead of videos and audio compelling contents, you focus on writing contents for the same purpose of educating and helping others who visit your blog.

Within few minutes you can visit websites like; Wix,WordPress, Square-space and get your own domain started, up and running. With their easy to use user interface, you can navigate easily and get everything under your sleeves in no time.

When your blog is up and running, and contents are in place, you can decide to monetise your blog by selling ads, using Google ads as well. With a blog that has a reasonable number of visitors, one can run a successful affiliate marketing and generate substantial amount of income from it. Affiliate marketing is an incredible way to make money online.

4. Audience Management/Online Marketing

If there is any source of income on the Internet that many would 5 star rating to, then it’s this. It is believe many have heard the saying; “Audience is the new currency”.

How true is this phrase with regards to online entrepreneurship? Absolute truth many must say. If you have a skill that is of great value to people. Or a product to sell. How can you sell it if you do not know or have anyone to sell it to? For a business to be successful, whether on ground or on the Internet, it must have a customer base ready to patronise it. With audience management you are able to gather a vast amount of people who would be potential customers for your products/services.

When you however go through Instagram for example, you will find hundreds of motivational, lifestyle, automobile, tech, comedy, beauty and fashion pages with half a million to millions of followers. What you see is hundreds of thousands of followers. But in reality and to those accounts owners, they see a huge market-base with potential customers who will buy whatever they offer. Most pages these days online gather up followers, keep them engaged, then sell to these followers and get incredible income from it. Having a huge fan base can serve many purpose. You can charge for shout outs to aspiring small pages in your niche. You can get paid to promote a particular products and get thousands of dollars for a single post. The profit of growing and managing social profiles online is innumerable. And it stands as one of the best source of income on the Internet.

5. Write a book

This is one of the simplest and effective way to get a good flow of income from off the Internet. It’s as simple as, having an idea (an idea that is of course of value), and putting it into a book and publishing it online. There are simple writing mobile apps on mobile, that help ease the process of writing if you do not have a PC. But it is advised before you start writing, to do some little research on writing. This will help you to avoid common mistakes writers make. To ease the process of editing and proofreading. And this can also help you with some guidelines on writing. To help you start and also finish your work. And once your writing is complete, with some few cash you can hire a freelancer to help with your work, editing and grammar correction. And so many other works that needs to be done.

And finally, once your book is ready, you can now publish it on the Internet or chosen a publishing company. Thanks to self-publishing services provided by the likes of Kindle. You can publish your book from the comfort of your home and get online for interested users to buy and read your work. And with few cash, you can also buy ads to drive more traffic to your published work. There are hundreds of materials available online to give you the necessary information on how this process can be easily carried out.

Many believe these 5 steps to working from home and building a passive source of income is easy because it can be done from anywhere, and with anything that you have. However, here is my definition of easy: “If it’s something I can do, then it’s easy” Whether is securing a job and working for someone, or owing our own; it always going to have some little huddles along the way. So no more negatively dwelling on the hard side. Get it started today and do what you know in your heart you can do, and do it with what you got.

6. Live your life

Life goes on!!!