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A Simple Formula For Creating Passive Income Online

Discussion in 'General Entrepreneur Discussion' started by Greg Jeffries, Sep 18, 2017.

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  1. Greg Jeffries
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    This is a really simple formula for creating passive income online.

    While it’s not push button, if you’re disciplined and consistent, in probably 12 months or less, there is a very high probability that you could be earning $100-$200/day in passive affiliate commissions.

    I know that ain’t millionaire status, but let’s be honest, most people’s dreams don’t even require being a millionaire.

    What most people truly desire is simply to be FREE.

    Here’s one way to do that.



    We’re going to be creating simple niche affiliate websites.

    You’ve probably heard this talked about before, but probably not like this.

    You’re only going to need a few tools, and none of them are all that expensive.


    1) You’ll need domains.

    I recommend picking up a domain for each niche you go after, to help diversify your assets.

    You could go with a brand new domain, but I suggest picking up expired domains with authority.

    The reason for this is because since expired domains already have some authority in the eyes of Google, they tend to index and rank faster than brand spanking new domains.

    So, how do we find them?

    You can use tools like FreshDrop, which has a free version.

    I’m not going to tell you exactly what settings to use, since that’s entirely up to you, but here are a few that might help.

    Age: at least 3 years
    Domain Extensions: stick with .com,.net., and .org
    Trust Flow: at least 10
    Citation Flow: at least 10

    Cross check the metrics of the domains before you purchase them with Majestic.

    Majestic is not a free tool, but it’s worth it.

    Basically you’re just double checking to make sure there are no spammy or foreign links to the site and that they metrics closely match what FreshDrop says.

    You’ll want to check the www and non-www version of the site to make sure they have close to or greater than a Trust Flow and Citation Flow of 10.

    Whichever version of the site has higher metrics, that’s the one you will be the site with.


    2) Next pick up some hosting

    Shared hosting is fine for this (HostGator, Bluehost, or SiteGround will do fine)

    3) Install WordPress

    4) And publish/schedule articles regularly about your particular topic

    SECRET: Here is the tip that’s going to get you results that other SEO courses leave out…

    FOCUS ON LONG TAIL KEYWORDS

    That’s it.

    Sure long tail keywords get far less traffic that more competitive keywords, but they’re also easier to rank for, have much less competition, and if you’re ranking for hundreds or thousands of them, that adds up :)

    So, where do you find them? Because, nobody has time to guess or think them up…

    Easy, there’s a free tool called KeywordTool.io

    If you type in a root keyword like “make money online” it’ll give you a long list of long tail keywords that you can use to write your articles about.

    Or, if you choose, you can outsource the content, and then simply be in charge of adding them to the site and publishing/scheduling them.

    And that’s honestly it.

    If you keep doing that over and over again, for hundreds of keywords, for multiple sites and niches, you WILL start to get organic search engine traffic, and once you have traffic, making money becomes really easy.

    • You can build an email list
    • Monetize your traffic with ads
    • Or promote related affiliate offers

    Or ALL OF THE ABOVE

    This same strategy works exactly the same for YouTube videos.

    So, if you prefer making videos instead of writing, you can make a bunch of videos targeting long tail keywords, and upload them to a channel, and achieve a similar effect.

    The more content you have out there, the more traffic you will get.

    And the more traffic you get, naturally, the greater your chances are for making money.

    I know this might seem like work on the surface…and you’re absolutely right :)

    That’s why most people won’t do it.

    But this isn’t some theory.

    This is something that I do every day and get results with, so I KNOW it works.

    I know this is a very very high level overview, but hopefully it will help some people.

    If you have questions about the details of this strategy, PM me and I’ll do my best to help you out.
     
  2. TheKing
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    TheKing Bronze Contributor Read Millionaire Fastlane Speedway Pass

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    What need is this solving?

    What is the simple, step-by-step formula for when Google changes their algorithm and punishes me for spamming the web with shitty "articles"?
     
    Last edited: Sep 18, 2017
  3. Greg Jeffries
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    Greg Jeffries Contributor

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    Well, for starters...

    Don't spam Google with shitty articles
     
  4. Charnell
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    Charnell Super Nintendo, Sega Genesis Read Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass

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    Well, this is new information.

    Here's an excellent keyword research method: Chrome plugin "Keywords Everywhere" and AnswerThePublic.com.
     
  5. Scot
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    Scot Ductus Exemplo Read Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass LEGENDARY CONTRIBUTOR

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    Let's run SEO affiliate marketing through NECST.

    Need- This simple method isn't putting out value. Yes, there are affiliate driven website that provide a lot of good content, but this method doesn't mention that.

    Entry- Anyone can follow your method and get a "business" up and running for less than $100

    Control- You keep saying googles changes in algorithms aren't anything to worry about, but every SEO podcast I listen to talks about how Googles changes have radically changed their SEO. You're depending solely on Google's algorithms.

    Scale- Affiliate programs are easily scaleable, so we win there.

    Time- The goal of an affiliate business is to be passive, so again, you've got that.

    But man, just putting out websites with affiliate links violates 3/5 commandments.
     
  6. Xavier X
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    Xavier X Bronze Contributor Speedway Pass

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    I own a few websites, but the affiliate option isn't something I integrate in them.

    HOWEVER, for those at point zero and willing to put in the work, it isn't a complete write-off.

    3/5 is workable enough to at least generate capital to later fund something that's perhaps 4/5 or 5/5.
    In my opinion, waiting and discarding anything that isn't 5/5 amounts to dogma.

    If the alternative to a 5/5 is doing absolutely nothing, then even a 1/5 venture puts you one step in the right direction.
    I'm sure MJ would agree with that (at least to a good extent).
     
  7. Greg Jeffries
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    AMEN :)

    And trusting "experts" on a podcast is silly.

    I trust my experience and results :)

    If you're waiting for something to meet a 5/5 criteria on some made up acronym test, GREAT!

    You'll probably never find what you're looking for, and in the mean time I'll have way less competition :) :)
     
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  8. MJ DeMarco
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    MJ DeMarco Raving Lunatic Staff Member Read Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass LEGENDARY CONTRIBUTOR Summit Attendee

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    Admin Post
    I'm guessing you haven't read the 2 books that are behind this forum. Right?

    What makes you think your offering will resonate with the people here when you're besmirching the concepts for which this forum stands for?
     
  9. G-Man
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    G-Man Legendary Contributor Read Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass LEGENDARY CONTRIBUTOR

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    [​IMG]
     
  10. Greg Jeffries
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    Oops :)

    Only The Millionaire Fastlane, but I don't have every page memorized.

    I'm definitely not here to start fights and have longwinded back and forth debates.

    Just sharing a simple formula for what has worked for me over the years.

    If someone wants to use it, great.

    If not, that's great too.

    SEO is certainly not for everyone.
     
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  11. Greg Jeffries
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    Haha - touché

    To clarify, what I was saying is just because someone that seems to have authority says don't do something...there might be a chance they're wrong.

    So, don't let that stop you or be too scared to at least try that thing.

    A lot of people say SEO is really hard and slow and not worth it...blah blah blah

    But, yet, since I have success with SEO and most of my income is passive and recurring...

    A lot of times I have paid traffic experts (who make way more money than me) reach out to me asking me how to do SEO because they're jealous that my income is mostly passive, while they have to constantly tweak ads and landing pages, etc.

    Sure, SEO was hard and expensive and I failed a lot at first...

    But eventually I finally figured out some simpler strategies that were far less expensive that what many other courses and gurus were preaching out there.

    So, anyway, just don't let the gurus that have the most influence in their niche stop you from at least trying certain things.

    Maybe there is a way to do the things you're trying to achieve by using a different approach that they're not familiar with :)

    I just see a lot of people fail or not even try because they're too scared to get started because of something they read in a book or saw inside one course from several years ago.

    If you stick with anything long enough you will find the real "answers". Or at least the ones that work for you.
     
  12. Andy Daniels
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    Andy Daniels Bronze Contributor Read Millionaire Fastlane I've Read UNSCRIPTED Speedway Pass

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    Mmmm yes, I've been down these "exact step-by-step" roads before, there always seems to be one step missing....?
    Oh yeah, real hard work. Welcome to the forum.
     
  13. Greg Jeffries
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    :) Amen.

    Even though I know how to make more money with what's working for me in SEO...

    You can't escape the fact that someone (either me or a VA or some human somewhere) is going to have to manually do something to make it all fit together or work.
     
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  14. ApparentHorizon
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    ApparentHorizon Silver Contributor Speedway Pass

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    He's not wrong...per-se, this method has been around since the early days of SEO and still works today.

    PPC is a better investment. The inverse was true 5 years ago.

    2007-2013 Black hat SEO was pulling in millions. Guys who got burned when Panda, Penguin, etc came around lost everything, including the shirts on their backs.

    Google has always been preaching, a user focused approach. "If you take care of your visitors, Google will take care of you." But like OP, this takes time to organically build.

    90%+ were blackhatters, so it's natural some of them turned to podcasting.

    If you go on some of those abandoned forums, you'll find methods that still work. It's just not worth the investment anymore.
     
  15. arillera
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    I'll play devils advocate here.

    The 5 commandments from the fast lane definitely are a must follow for a real business that has real value, can be sold, etc and is what I choose to follow too.

    But I do know a few guys personally that make multiple 7 figures a year with this similar process from the original poster, live very comfortable (3 story penthouse suites, maids, fancy cars, etc).

    The very important difference as already mentioned is control. Google or Youtube can come wipe away your traffic with a single change of their algorithms. You're also at the mercy of the affiliate offers and creators. That's why these guys also make their own products on the side or teach what they do.

    If you want to put in 12 months+ of work on a business that violates control at least build an email list from the traffic while you're doing it so you have some type of asset you do control. I would also try and build an authority site or brand around whatever site you built.

    The guy who made truth about abs did this smart. He uses the ebook he sells as a way for people to join his list, then promotes affiliate offers through his massive email list to the tune of $1 million a month.

    Tim Ferris featured this here: The Truth About Abs: How To Make $1,000,000 Per Month with Digital Products (Plus: Noah Kagan results)

    That way you can eventually launch your own products from your list, sell the list, whatever.

    Just my feedback from guys I know in the affiliate space doing it the smart way.

    Edit: Also to add, in the article link above he buys traffic too (doesn't just rely on SEO).
     
    Last edited: Sep 20, 2017
  16. biophase
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    Ok, are you picking a niche that you know something about? Else, where are those daily articles and posts coming from? Do you vet your affiliate offers? How do you know that the products you are pushing are any good?
     
  17. rogue synthetic
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    Before I made my way over here, I spent a little time lurking at a few of the "SEO" (black hat) forums. OP's business model is indistinguishable from the standard business model those guys are hawking. No kidding, 2-3 threads a week pushing the same affiliate links + SEO + niche keyword strategy.

    I'm not in a position to tell anyone it's a bad choice or that it won't work. What I can say is this: when I'm searching for products, I rarely see anonymous niche sites ever come up anywhere on the first page. Even if they do, I'm really curious about how they would play given that the consumer's landscape seems entirely different now. I know that I'm a lot more skeptical now of buying off operations that don't seem to have an identifiable brand attached to them. A site that looks like nothing but an endless parking lot of 500 word product reviews doesn't have a shot in hell of getting an order out of me, even if it does turn up on page one.

    Maybe that's just me, I haven't done any testing on this and clearly it's working for somebody, so who knows. But I wouldn't rule out more sophisticated audiences as being one reason why branding and "content marketing" have turned into the buzzwords of the day while SEO seems like it's increasingly left to die on obscure forums.

    Once you're at a point where you have to spend a year plus and build out a whole site of high-quality content to get traffic, why don't you just build your own brand?

    It's a totally different matter if someone's spent the time to build a brand around an authority site. OP doesn't seem to be talking about that though.
     
  18. Charnell
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    The thing is, the average internet user doesn't see things the way someone that understands(or is even aware of) marketing does. It's easy for you to spot a shit website because you're aware of shit websites. For a majority of people, a website is authoritative because it's a website, and they don't just give websites to anyone. /s
     
  19. Azure
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    I think, given our position in educating ourselves in these matters, we overestimate the average person. Hell, I have met people who think that PPC ads on Google are "sponsored by Google", rather than paid for by the business itself.
     
  20. Charnell
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    My ex-girlfriend was browsing one of those this-is-why-I'm-broke affiliate websites and I tried to explain to her what affiliate marketing was. She didn't care, and that's why she's my ex.
     
  21. TheRegalMachine
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    Obviously it is as it's among the most common schemes to make triple digits a day.
    The step by step 'how to' approach is literally saying "Here how to make mad money. And it's as easy as 1, 2, 3."
    Implying any one can just up and do it.
    One should be weary of the "easy" pitch because 9 times out of 10 it's anything but, and full of naive Clydes making a mess.
     
  22. Greg Jeffries
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    True.

    While it certainly is simple and anyone technically CAN do it, there's a lot of people that just aren't going to want to do it.

    For instance, I have several friends crushing it with Facebook ads or Shopify stores...and even though I know that's a skill I can quickly pick up and master, I'd prefer to just stay in my SEO lane, since I know way more about it than those other areas.

    And, I'd rather be really really good at one thing, that kind of so-so at ten things.

    But, that's just me.
     
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  23. Greg Jeffries
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    I would certainly start with selecting niches that you're somewhat interested in...unless you're going to just outsource the articles, then it really doesn't matter.

    You're other questions come with experience over time, but I list many suggestions as a starting point inside my course.
     
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  24. TStrike
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    Definitely built some passive(ish) income doing this myself.

    I don't believe that this is truly a lack of control for a few reasons.
    1. Google doesn't control my traffic. In fact, traffic as a metric is nearly worthless once it has been established. My email list controls my traffic.
    2. Affiliate relationships do not give up control if you diversify your affiliate earnings. If everything comes from Amazon, that's a little risky for me. But if you draw from Amazon, Clickbank, FitBit, Nike, Ally (I'm just naming random ones) then it's not a big deal to lose one, especially since it can be easily replaced with the four million other affiliate networks out there.
    3. Income can be diversified even more so with AdSense or Media. Or you could create your own product.

    Lack of income from a website, and then loss of income due to algorithm changes is a result of a lack of knowledge first, lack of creativity second.

    Whatever others say, fact of the matter is that we've done it and it works.

    Good post :D
     
  25. Greg Jeffries
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    This guy gets it :) :)

    I didn't want to harp on the topic of control too much, but when it comes to your business (especially online) there are tons of things that are outside of your control.

    I mean you could make money and never get it paid to you for whatever reason
    A traffic source could completely shut down
    Even if you put your hard earned money in a bank - you think that's safe? NO, because if they wanted to the bank could freeze your account

    There's lots of things that could and probably will go wrong in your life and business, so your edge or advantage lies in being able to quickly pivot.

    As you mentioned in #2 it's very likely that a successful offer that you're promoting will kick you off their platform or discontinue the offer all together. But instead of being a victim, the smart thing to do is to use a cloaked/masked URL for that item you're promoting, so you can move quickly when that happens and swap out the link for a similar offer...and now you're back in business :)

    These are of course things you learn along the way with experience, but there are TONS and tons of things that will always be outside your control in life no matter what.
     
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