Hey guys,
New here, but read the book and have tech BD experience.
So I was thinking of ways to generate passive income streams, and one of the things I was thinking is VS RealEstate, why not try to buy blogs or other sites that generate passive income streams?
I could use some help and feedback on a few things though - hopefully, someone here has been successful in this (in sure there are a ton) and can offer some wise words of wisdom on how to build a portfolio and scale this sort of thing while reducing my time exposure.
1. Lets say I keep it simple and just stick to content sites like blogs with Amazon affiliates or Ad Sence or whatever, aiming at sites that make like $50-$100 bucks/month to take them to 1k+ or so/month
a. Can I just hire someone to produce the content on an automated basis? Something like reinvesting all of the cash to generate the content?
b. The site might need a facelift and to add social media, etc...Can I just hire a team to do this or will it eat me alive?
c. Do I hire people from Upwork?
2. Anyone that has a formula down of any feedback that's willing to share, Id be greatly appreciative.
New here, but read the book and have tech BD experience.
So I was thinking of ways to generate passive income streams, and one of the things I was thinking is VS RealEstate, why not try to buy blogs or other sites that generate passive income streams?
I could use some help and feedback on a few things though - hopefully, someone here has been successful in this (in sure there are a ton) and can offer some wise words of wisdom on how to build a portfolio and scale this sort of thing while reducing my time exposure.
1. Lets say I keep it simple and just stick to content sites like blogs with Amazon affiliates or Ad Sence or whatever, aiming at sites that make like $50-$100 bucks/month to take them to 1k+ or so/month
a. Can I just hire someone to produce the content on an automated basis? Something like reinvesting all of the cash to generate the content?
b. The site might need a facelift and to add social media, etc...Can I just hire a team to do this or will it eat me alive?
c. Do I hire people from Upwork?
2. Anyone that has a formula down of any feedback that's willing to share, Id be greatly appreciative.
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