Make $100’s While You Sleep: How to Create a Passive Income Cash Machine
Imagine making money while you sleep. It’s not a dream, it’s a reality! Passive income is the key to financial freedom and this blog post will show you how to create a passive income cash machine. All you need is a little bit of money to get started, and once you have that invested, the rest takes care of itself. You can hire a team of writers to help you create content that will bring in traffic and revenue long after you’ve created it. So what are you waiting for? Start creating your passive income cash machine today!
Think about the title for a moment “Make $100’s While You Sleep”.
That would be the ultimate way to have money working for you at all times, yes you would have to invest a little amount of money, but once that part is done.
You would have a cash machine that worked for you at all times of the day, even if you were still working a 9to5 job, you would be making passive income and getting closer to Freedom Day!
Freedom Day? what’s that, you ask…
No! I’m not talking about the 13th amendment, even though that is cool! I’m talking about something I call the day that you work for yourself and not someone else! That’s my Freedom Day that I’m working on every day!
(Disclaimer: I do have links in this article that I do make income from.)
Let’s dive into this idea and the tool to help you get to that day! I will break this down into 5 Steps…
- Find a niche that you are passionate about, something that you would enjoy creating, and have people relate that to your name or brand.
- Create a blog, preferably a website with your own creative .com or .net that you will be able to link to. My recommendation — would be WordPress with Bluehost as your hosting site.
- Create your social sites that would be linked only to this niche, this is important. You need everything to be related to your niche. The few that I recommend are Pinterest, Facebook business account page, Twitter and Instagram. I would only pick two to manage at first.
- Content creation is key and this is where you would hire your writers for 500–1000 word blog posts. Each blog post should only cost around $5–$10 and have around 1to2 to SEO words. I recommend checking out Fiverr for creating a dream team of writers that will give you the content to create the passive income you deserve!
- Advertising and social networking is the hardest part. This can be expensive if you allow it to be, you need to research the best keywords before advertising on one of the social networks. My favorite two are Pinterest and Facebook ads. They will give you the most bang for your buck.
Bonus Money Maker — Once all of this is set up, you need to find affiliate links that go with your Niche. You can go with affiliate networks or single product affiliates, it’s your choice. Google search “affiliate networks” or “affiliates in your Niche”.
You must spend money to make money. — Plautus
How much to start?
You can start all of this at less than $100 and you can go cheap by not paying for advertising. But, it will take longer to make money on your blog and bring traffic in.
I would budget this and spend $100 the first week.
- Website — $30 on average including you’re hosting, unless you save and purchase a year.
- 5 content blog posts purchased through Fiverr — $50
- Advertisement through your choice of a social network — $20
^^^ This will get you started on making money while you sleep remember it takes time, but stick with it and you will not be disappointed.
Weeks 2–4 on your way to success!
I will close you out with a game plan for the weeks following the first week of $100.
I would budget each week at the amount that you can afford and remember that good content is what sells your brand/blog/affiliates.
Whatever your budget is, put a 60/40 ratio on it and spend more on content than the advertisement.
For example: if you have $100 to spend each week.
- $60 — on 5to6 to good blog posts through Fiverr
- $40 — on advertising through social networks
If you like this article and would like to see more of this, please follow me and check out some other articles below.