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Before we start, let me explain some of the terminologies of the passive income world. There are 2 kinds of passive income: Lively and Residual. If youre planning to make some serious money, youre going to need both of them together.

Residual Passive Income: This type of income is one of the secrets to success in your online business and can be successful if you manage to build a source of residual income. Residual income is the form of income where you earn a monthly commission for the selling youve made.

For example, if an agency pays you $25 in residual commissions, referring 100 people will make you $2,500 a month without doing any job. About 30 percent of Aversity Gold Masterclass members earn residual incomes from products theyve sold.

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Active Passive Income: This is the kind of money you earn by selling a product, or a service. The main difference between residual and busy income is that active passive income is a one-time compensation and you dont keep earning commissions from the sale. It has its own pros and cons which Im not going to get into, but everything depends on how much money youll earn from every sale. .

The best passive income flow is one which gives you both residual and active income and were going to speak about a few ways to create that kind of incomes online.

The number 1 is your very dangerous number in the realm of business. Building a passive income stream that pays you in one source or a business that's getting the majority of its traffic and earnings from one stage can be terribly dangerous. It will leave your business in a vulnerable position and a sudden shift in a search engine or an ad platform can destroy your entire business overnight.

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So before we dive down into the world of passive income opportunities, let me give you a list of things Im going to teach you here:

Im going to get started using the simplest passive income strategy, then we will dive deeper into building a business that pays you big commissions daily.

The passive income strategy Im about to share with you is used by companies like Amazon and Apple and its affiliate marketing. In this strategy, an affiliate (you) will promote a product using their own special tracking link and when a sale is made, they will earn a reduction, usually percent 5 to 50 percent depending on the product and the company selling that product. .

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The affiliate marketing was popularized by Amazon but these days, Amazons affiliate program isnt the hottest one. Usually, affiliates earn 50% commissions on websites like Clickbank (that we'll discuss soon) but even thats not the most lucrative affiliate program you can join.

High ticket affiliate applications for example Aversity will cover up to $3,000 per purchase to affiliates. These are specific applications that arent usually open for everyone. We'll explore different high ticket affiliate applications as we proceed down into this report.

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I could write an entire post to deal with this issue in the online business world. If you stick to a few of those so-called YouTube gurus, all youll see is their luxury cars and horses which may give you the impression that you can begin a simple affiliate marketing business and rake in $20,000 in weekly.

Building an online business takes some time but with the ideal approach, your journey wont be as painful as mine was. When I began my online business 6 years back, it took me 9 months to earn my first $25 browse around this web-site commission. Im not asking you to work 9 months to get a $25 commission, but that I dont want you to think itll be quick.

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To answer the long term question: How much money you can earn in 6 months, I'll need to go over different business strategies since if you apply the approaches that Im planning to share here, you can go well beyond the $20,000 a month target in no time.

In order to make $20,000 per month in passive income, you will need to earn $20,000 in commissions by an affiliate network. An average network such as Clickbank pays affiliates $10 to $100 a sale. Should you earn $25 on average per sale, youll need 800 earnings to attain your income objective.

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Its important to know what Im about to educate here will make a massive difference in how much you'll be making in the future so that site make sure you read this very carefully.

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