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

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

By way of example, if an agency pays $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 even a service. The main difference between staying and active 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 it all depends on how much money youll earn from every sale. .

The best passive income stream is one which gives you both residual and busy income and were going to speak about a couple of ways to make that kind of incomes online.

The number 1 is your most dangerous number in the world of business. Building a passive income stream that pays you from one source or a business that is getting most of its traffic and sales from one platform can be terribly dangerous. It will leave your business in a vulnerable position and a sudden shift in a search engine or an advertising platform can destroy your entire business overnight.

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Before we dip down into the world of passive income opportunities, Allow Me to give you a list of things Im going to teach you here:

Im going to begin with the simplest passive income plan, then we'll dive deeper into building a business that pays you big commissions every day.

The passive income strategy Im about to share with you is used by companies like Amazon and Apple and its affiliate marketing. In this approach, an affiliate (you) will market a product using their own special tracking link and when a purchase is made, they will earn a cut, typically 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 nowadays, Amazons affiliate program isnt the hottest one. Usually, affiliates earn 50% commissions on sites like Clickbank (which we will discuss soon) but even thats not the most rewarding affiliate program you can join.

High ticket affiliate applications like Aversity will cover around $3,000 per purchase to affiliates. These are special programs that arent generally open to everyone. We'll explore different top ticket affiliate applications as we move down into this report.

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I could write an entire post to deal with this problem in the online business world. If you stick to a few of the so-called YouTube gurus, all youll see is their luxury cars and horses which may provide 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 right strategy, your journey wont be as painful as mine was. When I began my online business 6 decades back, it took me 9 months to earn my first $25 commission. Im not asking you to work 9 months for a $25 commission, but that I dont want you to think itll be fast.

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To answer the long terms question: How much money you can earn in 6 months, I'll need to discuss different business strategies since if you apply the approaches original site that Im about to share here, you can go well beyond the $20,000 a month goal 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 $10 to $100 a sale. Should you earn $25 on average per purchase, youll need 800 sales to achieve your income goal.

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

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