Passive Income - Part 5 of 6 - Digital Information
Passive Income from digital information.
Selling information could also be considered passive, but delivery of that information my not be passive. That is why I am writing this under the topic of digital information.
The most common forms of digital information today are eBooks, videos and audio files.
Selling information is nothing new. Books, magazines and many other forms are available to sell information. But the ease of selling online and having that information in digital format is priceless. For example I can sell an ebook 24 hours a day, even while I am sleeping. I could go on vacation for 2 months and still make money without having to do anything. Let me add to that, the work to create an ebook can be done once and setting up and testing the system takes some time. But once the system is running you can let it go.
Heck, you don't even need to write your own ebook, you can promote other peoples ebooks, videos or audio files. Again, set-up a system and just check on it every so often. This is even better because you don't have to answer email question from customers.
Some places that have affiliate products you can promote are:

There are no 100% hands off passive income methods. With economic, social, competitive and a host of other variables, things will change. That is why you need to check in on the system every once and a while and put controls in place so that you don't loose too much money if something major happens.
Tomorrow will be Part Six, the final Passive Income report. If this is your first reading, Part One is here.
Take Care,
Michael



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