Let’s talk about one of the easiest and simplest ways to create passive income for the long-term.
Now for us to truly consider something as easy and simple, I think that we need to set a couple of guidelines:
1. First, it can’t be a high-risk sort of investment like real estate and day-trading, because those take a lot of expertise and are anything but simple.
2. You won’t have to go through the hassle of creating your own product to sell, because that will require a whole lot of time and effort and expertise. And while this is do-able, it’s definitely not easy or simple.
3. You won’t have to get on camera and be an influencer.
4. You won’t have to have thousands and thousands of dollars up front to spend on business expenses like inventory and ads.
5. It has to be something that will continue to pay you for years to come after you do the work only once.
And now, I believe that I have found possibly the BEST easy way to create passive income for the long-term, and it meets all of these guidelines.
Most online jobs, side hustles, and free-lancing, can get you a little bit of money fast, but they will require you to continue to do the work in order to keep making money.
And that is more than fine if you need a little bit of money right now.
But if you want to create passive income that will last for years to come, by just doing the work one time, then those types of work aren’t going to be what you’re looking for.
So without anymore delay, let’s get into one of the easiest and simplest ways to create passive income for the long-term. And that’s going to be by following this formula: You simply need to combine a strategic high-traffic source with a high-ticket partnership.
I know this may sound complicated, but I believe it’s really the easiest and simplest method, which you’ll see as I walk you through the steps right now.
So grab your pen and paper, or open up a new note on your phone, because if you follow along, then by the end of this post, you will have your entire plan of action ready to go.
That’s how simple this is going to be. So let’s get into the steps.
So in step 1, your goal is to find an overlap between your personal passions and evergreen market demands.
And you might be like again, ‘What does that even mean?’ But really this is very easy to do. Let’s walk through it together.
1. Start out by grabbing a fresh sheet of paper or creating a new note on your phone, and then you’re going to list out all of your personal interests, hobbies, types of things you read, study, or watch, just anything and everything that interests you.
2. After that, you just need to compare it with relevant market demands. And don’t worry, I already have a list of evergreen market demands so you don’t have to worry about doing that research.
Here’s my list: Personal Finance, Health & Fitness, Technology, Travel, People & Lifestyle.
3. Now what you want to do is look for overlaps between your list and mine. See if any of the items on your list of personal interests match or are similar to any of the categories on my list of market demands.
Congratulations, you’ve found an overlap and you have your evergreen market niche!
4. Now that you have your overlaps, you can remove any of your interests on your list that don’t overlap, and then what will be left on your note is a solid list of evergreen market demands that you can utilize to start making your passive income.
So at this point, you may still be wondering why in the world we’re doing all this, and how it’s going to actually earn you passive income, but stay with me because it’ll all make sense very soon.
Let’s move onto step number 2. Now that you have your evergreen market demands, you can work on finding your high-ticket partnership program.
Again this might sound complex, but it’s actually not hard at all and I will walk you through it right now and actually show exactly how to do it.
There are a quite a few websites where you can easily set up a partnership program pretty quickly and with no cost. Here are a few that I am familiar with:
- Clickbank.com
- Digistore24.com
- Amazon or https://affiliate-program.amazon.com/
- Commission Junction or cj.com
Now I’ll walk you through the steps on Commission Junction because it’s my favorite. And if you’d like to see me do it on my screen, you can visit the video that is linked at the top of this post.
Side Note: This post is in no way sponsored by any of the companies I am sharing about; I am simply trying to provide as many helpful resources to you as possible, that I have compiled from my own research.
So on CJ in particular, you will just need to sign up for an account, and then once you’re in your profile, you can go up and hover over Campaigns, and then click Links & Products.
Now you can scroll down and find the categories section where you can choose the market niche that you selected earlier (for example, travel).
Then I’m going back up to click on Products, and from here I will add in the price range that I’m looking for.
I recommend looking for any product that is a little higher-ticket. Around $300 or more.
That’s because if you get a payout of 50% of this product, you’ll make at least $150, and that means that already, if you only earn one sale per day, you’ve already surpassed our goal of $100 per day. (We’ll get more into this later.)
When you find one that you like, you can apply for the program, and then you will be able to generate an instant link by clicking “Get Code”.
So boom, just like that you already have a high-ticket product that you can earn tons of money from without doing any work.
And I will tell you right now, creating products and courses takes a lot of time and work.
I have created a couple of my own products and a course on building your own business website from scratch, and those took me quite a bit of time and work.
But with this method, you’re already ready to go, without creating any products or courses or putting in any work, you already have a high-ticket product that you can easily make money from.
Now we just need people to buy the product. So grab the link you just generated and let’s get to step 3.
Step 3 is going to be to find a way to easily generate traffic for the long-term.
That simply means that we need people to see and want our product from our link. And we don’t want to have to continuously do more work in order to get that traffic.
To accomplish this, we will use my Simple Formula for Easily Generating Long-Term Traffic.
Now, you can choose any source that you are confident in, but I’m going to give you my top 3 recommendations and I’ll tell you why these are the most strategic options in just a moment.
My top 3 high-traffic sources are:
- Pinterest
- Youtube
- Google
(To use Google, you’re going to need your own website, but more on that a little later.)
As you may have already noticed, there are also other options such as TikTok, Instagram, and Twitter, etc. And you can choose any traffic source that you are confident in.
But the reason why I recommend my top 3 is because they are all search-engine based. And that is the key that will allow your content to continue to produce long-term income for you for years to come when you’ve only done the work once.
Search engines can continue to find your content that is relevant to your evergreen market demand, when people are searching for it in 10+ years.
Other platforms like Instagram and TikTok can still be very useful in generating traffic, but you will have to continually work at creating more and more content or else your traffic will die off.
And that’s not the case with Youtube, Pinterest, and Google.
For example, I have multiple Pins on Pinterest that are well over a year old and still bringing me traffic. And this post that I wrote on my website years ago is still my top-performing post and it doesn’t require any more work from me.
Again, the reason this formula works is because these sources are search-engined based. This means the search engines will continue to find your content that is relevant to your evergreen market, and push it out to people who are searching for that topic.
Non-search-engine-based platforms won’t do this for you.
You will do this by going to the traffic source that you have chosen from my list. And don’t worry, if you’ve decided to use multiple source-platforms, you can absolutely do this on each of them.
Now the process is similar for each of these, but I will go ahead and show you an example of what to do for both Pinterest and then Youtube. First let’s go through the Pinterest process.
So open up Pinterest and first you just type in the evergreen market topic that you chose earlier, such as travel, and then find the top 3 accounts (or websites if you’re using google for your own website) that are coming up from your search.
We’re going to learn and gain inspiration from these three top performers.
So once you write down the names of these top 3 accounts or websites, then click on one of them so we can visit their page.
From here, we’re going to find out what kind of content they put out. Now like I said, I’m going to show you how to do this on YouTube right after this.
But on Pinterest, you simply click the pin, and then click their profile name and that will take us to the person’s page.
Now we want to click on ‘saved’, and that will show us their boards, which will tell you what kind of things they post about. From here, go ahead and make a list of their top 5-10 board names.
We’re going to use these names as search topics. Now repeat this step for your other 2 top accounts that you wrote down a minute ago.
After that, go back to your search results, and start searching the keywords that you wrote down. For each search, write down some key notes about the top 5 pins that come up.
Repeat that process for all the keywords, and you should now have a list of around 75 ideas, and that’s not a bad start!
If you need 1 post per week, this list will last you almost a year and a half! And that only took you a couple minutes to put together.
I told you this was going to be easy!
Next let’s go over how to do the same process for YouTube, because it’s similar but just a little different.
So open up YouTube, type in your chosen evergreen topic (for example, travel) in the search bar, and then again write down the top 3 channels that you are seeing come up from the search.
Once you have written those names down, go ahead and click on one of them and again click on the account name which will take you to their channel.
Here we’re going to click on videos, and then click the filter that will show you the popular videos.
These are viral videos, the ones that got the most views. That means these ideas are golden and people are really interested in this type of content!
Now go ahead and write down at least 10 ideas from this list.
Now we just have one more step left for YouTube.
So go back up and click on the “Latest” tab this time and now we need to look for videos that have a spike in views.
Any videos on this list that have a lot more views than the rest are obviously the ones that people are most interested in, so they’re likely to be winning ideas for you too!
Don’t forget to go back and repeat these steps for the other top accounts that you listed before.
And once again, you should already have a list of about 60 ideas, which is more than enough for one video per week for an entire year.
Woo! That was a lot of information.
But we’ve really only spent a few minutes together, and as you can see, this side hustle process is very simple. We are almost completely finished with the set up already.
So let’s make our way through the final step in setting up this side hustle.
Now you can see how quickly we got through the rest of the steps; they were super easy. Now in this step is where you are going to have to put in a little work up front.
But that work, as we talked about earlier, is going to last you in the long-run and continue to generate traffic by using the right traffic sources as we discussed above.
And that means you only need to do the work once, and it can continue to make you money down the road.
So in this step, I’m going to show you how to make your content the easiest way, that will drive traffic you need to make your sales.
Let’s get into it.
First you want to choose one of your content ideas that you wrote down, and open up that video or post and go ahead and watch or read the content.
Now as you do this, take notes on the details of the content, but make sure that you do so in your own words so that you don’t have to worry about stealing their content.
Alternatively, if you don’t change the content as you’re writing, you can just pop your notes into a writing tool such as spinbot.com or copyscape.com.
Tools like these can help you to change your wording and avoid plagiarism issues.
Also, as you go, be sure to add in any additional information that you may know, as relates to the topic. You chose topics that interest you, so you most likely can give some additional insight, information or experience and that adds value to your content.
And that will keep people coming back for more.
In addition, you can always take the best ideas from multiple different examples that you found and piece those best parts together to create something even better that will again offer great value to people.
Ok, so now just like that, guess what: you actually already have all the content you need!
You can either go ahead and post these as blog posts to your website and link them to Pinterest, or you can take it a step further and create videos for YouTube, using the content that you just wrote.
Now you may be saying, “Rebecca, you said at the beginning that I wouldn’t have to be an influencer or be on camera!” And you are absolutely right because there are other ways that we can make videos, and we’re about to get into that.
But as a quick side note before I move on, if you decide not to take that extra step and make videos, I want to reassure you that that is totally fine.
We can all agree that Google is one of the most powerful tools out there, and your content going straight to Google from your website is not a step down from YouTube – not by a long-shot.
And so either route that you decide to take is totally fine. But if you do decide to take it a step further and make videos for Youtube, then you’re going to want some simple and easy ways to make high-quality videos (that you don’t have to be in), right?
Ok then, in this section, I’m going to give you a bunch of free tools that can help you do exactly that. So let’s dive right into those.
First off, there are a number of different video editing tools that you can utilize to create fantastic faceless videos for your content.
But I’m just going to list a few for you that are free to use, because who doesn’t like free?
1. First we have good old Google Slides, and if you have a Gmail account or a YouTube account, you already have access to this for free.
2. Secondly, we have Canva, the free version.
3. And thirdly, we have VEED.io, the free version.
So all you have to do is start a video in any of these builders and just add your content in from your script. And then next, you want to be sure to add in free video clips, photos, icons, and gifs to make your video more interesting and catchy.
To grab these types of content for your videos, I have a few free sites for you.
1. The first site you can use for this is Pixabay.com, where you can get free photos, videos, and gifs to use.
2. The second site is Flaticon.com, and that will give you access to free icons and simple animations.
3. The third site is Giphy.com, where you can grab all kinds of gifs.
Alrighty! Now if you chose to use Google Slides to create your video, you will need to screen-record your finished slideshow, and if you’re doing that, you can go ahead and record your voiceover at the same time.
But on Canva and VEED, you can just download the video instead of screen recording.
However, if you want your videos to be narrated, but you don’t want to have to do a voiceover for them yourself, you can even create an AI avatar on VEED that will narrate your whole video for you.
(Once again, this post is not sponsored in any way. lol)
So now you have your whole system ready to go. You can upload your content to YouTube, your website, and/or share to Pinterest, and optimize it for SEO.
Then you just grab your link that you generated earlier, for your partnership product. And you need to add that in, either to your YouTube description, or to your blogpost, or to your Pin on Pinterest.
And wallah! Just like that, you have created your first resource from which you can potentially be earning money and reaping the benefits long into the future.
So now you have your completed plan of action and you’re ready to make your traffic-driving content.
But before you go, let’s talk about one more very important aspect of this side hustle: the formula that can help you actually achieve that $100 per day that we are aiming for.
How we get to that $100 per day is dependent upon how often you are willing to create content and for how long.
So here’s my recommendation to reach your $100 per day goal (and as you’ll see in just a minute, you can actually end up earning way beyond that through this method).
I recommend shooting for 2-3 posts or videos per week. And while that does sound like a lot, if you’re creating them the way I outlined in this video, then you can actually write, film, and pump them all out in just one day per week, especially once you get the hang of the process.
(Note: And just writing blog posts without doing the video aspect is obviously a lot easier too, if you decide to go that route! I have more info for you on this at the end.)
So that means, if you just dedicate that one day per week to this, and remain consistent for one year, you will have between 104-156 posts and/or videos uploaded and generating traffic for you.
If each of your posts or videos then continues to get 1000 views per month, that will equal at least 104,000-156,000 views per month.
That means that if just .0005 of people who view your content end up purchasing from your link, then you will be getting at least 52 sales per month.
And, if you’re making $150 per sale like we said earlier, then you’ll be making over $7,000 per month, which comes out to way more than the $100 per day that we were shooting for. It’s actually $260 per day, and again, that’s on the low end.
So that means it could be a lot more even, depending on if you find a more expensive product to promote, or if you end up doing 3 posts per week instead of just 2.
And just for fun, I ran the higher numbers, so you can see just how much you could potentially make from this formula.
So with a higher-ticket product that costs $600, you’d be making $300 at a 50% commission rate. And if you choose to put out 3 posts per week, that’s 156 posts for the year.
At a rate of just 1000 views per month in the following year, you’d be getting a total 156,000 views per month.
And at our rate of .0005 of people making a purchase, that’s 78 sales per month, so you’d be making a grand total of $23,400 per month, or $780 per day. Not bad.
So is this a get-rich-quick plan? No.
And of course it’s also not guaranteed that you will make this much money automatically if you upload 156 posts or videos.
But, I wanted to show you what is definitely possible with what I think is one of the easiest methods for reaping long-term passive income benefits.
Once you get this going and start making money, you can actually continue the process and continue growing your income without having to do any more work yourself, by hiring out all the tasks that go into it.
That way you can continue to reap more and more benefits, but without having to continuously do more work.
To do this, you can check out Fiverr and Upwork for some very affordable freelance work for just about any or all parts of the process that you don’t like doing, from finding ideas, to writing posts and scripts, to video production.
And like I said, that means that this can basically be an endless cycle and you just need to do the work once in the beginning, which is why I said this is one of the best easy ways to reap long-term passive income.
If you are interested in starting your own website or blog (because as I said earlier, it requires significantly less work with just as much earning potential as YouTube), there is absolutely no shame in that.
I personally have been just strictly using my website and Pinterest until I recently decided to dive into YouTube in addition. So it is by no means lesser to go the website or blog route.
This course is completely free and it will walk you through the full process on how to start your own business website.
So guys, that’s gonna be it for today, but let me know in the comments below if you are excited to get started on this side hustle.
If you made it to the end of this post, I’m so honored that you would take your time to be with me and I truly hope this information was helpful. And until next time, just remember that you are loved, you are not alone, and you’ve got this!
Peace out hustlers.