Building passive income streams is a good strategy of diversifying your Online business. Each course of action requires a huge amount of effort and a proper plan to be followed. I personally believe that you require a to-do list or an everyday planner to follow up with the vision of your online business that you plan to execute.
While doing so, I believe it is not only important to discuss your success (and failure) but also the complete process of the execution plan for your final results. Thus, I would try my level best to update my readers about whatever I would be doing in terms of the strategies that I have planned to execute to come up with a successful blog which is an amalgamation of all that I would be doing to generate traffic as well as passive income from other sources.
Before I jump into my today’s MAIN points of building passive income streams, the concept of coming up with this series of a blog post has to be defined. These posts are all associated to my own personal strategies that I would be trying over both my blogs (Econtutorials and F
lavors ) to make it a success.
I am writing the whole sequence without any exaggeration. Surely whatever I would do could either turn out to be a success or a failure through which both I and my reader would learn what to do and what not to.
My Current status
I am a lecturer in a University with my subject expertise in Economics. And I am currently going through my Masters in the same subject. This is one of the reasons I came with Ecotutorials . Alongside, I have the responsibility of being a wife and mother to a 2.6 years old son who needs and deserves my attention after my 9 to 5 office hours.
As I mentioned above that I have two blogs. One is giving me a few bucks that are not worth mentioning. And the other is the one which you are reading right now! Yes, Flavors in life, that lags behind all its targets because of my lack of consistency and focus over a single project.
I have two courses (academic and non-academic) that are giving me a little revenue (better than my blog) which made me realize that its possibly one fine idea to create some good courses in the coming 6 months both academic and nonacademic. This could turn out to be a quick source of revenue but the courses itself will take a lot of time to be created. I will be sharing the procedure of creating these courses step by step since it took a good load of time to understand how can you come up with good courses online.
For Flavors in life, I have decided to go for an e-book and an e-course that is about Work at home – Ultimate guide to Freelancing with People per hour. It is basically all the trial and error procedures that I would be applying to see what makes this blog a success. I will also be sharing my growth plan, marketing plan and content creation plan for both my blog and would apply them religiously to check if it really works.
With regard to my Ebook and Course , since this is my first time that launching these products through this blog , I know that I might not be as professional and an expert in my first launch compared to what I have been reading about all other professionals who launched their own products. But I am sure that whatever I would be sharing is something beneficial for all basic and intermediate learners who are wandering around the internet , trying to understand the smart strategy of working as a blogger and a freelancer.
Plan and progress of my products
I am almost done with 70% of write up of my E-book of Freelancing. You can get a sample chapter of the book in case if you are interested in understanding the complete concept from scratch. Don’t worry, I won’t ask you to subscribe before you can receive the free chapter. You can download it just right away without your email. I personally believe that a person would want to subscribe to your blog and be serious about it only if it feels like connecting with the blogger. You would never want to buy or review a product by a blogger if you don’t feel that connection. So it is that trust and credibility that I would like to build up before I could ask for your email.
I have made 2 videos of my E-course as yet. So I would rate it to 20% of work done. You begin with a course when you are done with the complete content. Other editing tasks come at a later point. It’s always about the content first. Also, as English is not my native language, I have to be very careful about whatever I would be recording. I can’t risk the quality of my teaching due to language barriers. Thus, I have targeted to complete my content first before I plan to start a course.
What other bloggers are doing?
In case you would want to check how others bloggers are quite successful in what they do, you can check out the following ebooks and courses that provide a complete strategy of how to start a money-making-blog and boost your blog traffic.
Note down the following books that should be a must read in your blog journey, especially in the first year of blogging.
Apart from my paid, unpaid and academic blog, when I decided to start a professional blog, I decided to have Abby Lawson Building a framework ebook that is a comprehensive guide to all that you need to know about Blogging from scratch. Not just that, she has also shared all her details of the way she earns passive income through her lifestyle blog. I kept on following her for months until I decided to get a grip on all the tips and tricks she used to monetize her blog.
I came to know about Meera Kothand when she was in the initial stages of her new blog (not new anymore, she’s earning good income). What attracted me most was her focus on the details of each blogging step. The Blog startup is one such product that includes the core strategies of understanding the pre-requisites of pro-blogging. From content creation strategies to Monetization tips along with email marketing (for which she is too good at ), she has it all covered.
If there is one thing that I would honestly want to share about Amy is her Simplicity of explaining the interconnected phenomenon in blogging. When I first got myself into registered with Amy’s knowtbook, I thought it would turn out to be some basic concepts that I was familiar with. However, it turned out that I knew very little about Money making strategies that she has publicly shared.
I can’t tell you how super awesome Suzi has been in teaching how to blog for all the newbie bloggers. I so love everything that she has shared in such an organized and systematic procedure that you are able to understand each and every step due to her through discussion and explanation. Plus its an online course with her Ebook and worksheet that takes you along the complete process of earning passive income in blogging niche