Getting into play mode with your money and business
If you read the article on passive income strategies and are thinking "Gosh this looks like a lot of work!", you are right and you're also wrong. Yes, it's work, but you are already doing work. This is a different kind of work, that will produce different results. It can also be a lot of fun (if you want!). Here are some questions to ask yourself to spark your creativity:- What do I love talking to people about or working on? This is a hint towards the kind of information you'd have fun giving away for free and would make a good website or newsletter. The most successful small AdSense websites are hobby sites-things people have a passion for and naturally want to share their knowledge about. There is an energy in sharing something you love that is naturally attractive.
- What do I keep doing over and over in my business? Could I streamline it so I could make a system once and then re-use it?
- Are there any particular kinds of clients that have a similar set of needs? Could I offer them a particular package or system that would meet most of those needs?
- Are there questions I get asked over and over-areas of knowledge in my field that are confusing to most people? Could I write an ebook or series of articles explaining it in clear terms?
- Are there any products or services my clients often need in addition to mine? Research possible affiliate or commission opportunities.
- Do you have access to a network of people that you can promote products to? Who would pay you to sell their products to the people you know? Or just for the opportunity to reach them?
Trust yourself that you can learn this if you want to.
Use what you know. Many people do real estate as a form of passive income. I know beans about real estate and I know websites, so I did it with websites. You can do it starting with your own knowledge base by beginning to think creatively. Start asking yourself what opportunities exist and what can be created in the area you are already involved in, with the knowledge you already have.
Focus on the ideas that are exciting and interesting to you. Don't worry about the parts that feel heavy and complicated and hard. Focus on anything that feels playful and abundant and go with that!