Passive Income Streams 101

by rick on May 16, 2010

Discover the business model I use to create multiple passive income streams. www.smartpassiveincome.com Also, there’s a bonus tip for adsense users at the tail end of the video that quadrupled my income. Please comment, and subscribe to my YouTube channel if you’d like to see more detailed videos about exactly how to implement these strategies. Thanks, and Cheers!

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{ 28 comments… read them below or add one }

justexpression May 16, 2010 at 4:59 am

You know what the trick is to your blog and videos, Pat? They’re honest.

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flintwebdesign May 16, 2010 at 4:59 am

Loved the video. I liked the part of contacting advertiser and getting them to place links on my site instead of adsense.

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mikecancook May 16, 2010 at 4:59 am

Great video explaining adsense! The drawing tool makes it really interactive – simpler than a screencast where it can get confusing really quick. The lesson of using adsense to find advertisers is so simple but so overlooked. I am excited to try this out soon.

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kfrazier2007 May 16, 2010 at 4:59 am

Thanks Pat! I like being able to follow along with the drawing tool. Great investment! I appreciate your helpfulness and really enjoy your blog. I have been spending a fair amount of time there recently

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bunkrural May 16, 2010 at 4:59 am

Good Video dude, liked it a lot

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gabefuller May 16, 2010 at 4:59 am

Good job! My only tip would be to have a little more presence… content is great! Just be a little more lively!

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itsprad May 16, 2010 at 4:59 am

My Fav part was the Business model (flow diagram) of how the passive income stream works. Its crist, precise and effective.

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juliarymut May 16, 2010 at 4:59 am

Thanks, Pat. I love your videos.

I first saw you in your video on how to make a static FB page. I thought your instructions were FANTASTIC–clear, easy to understand, etc. I followed you and ended up here.

I like this video and I also have a silly question–what tools are you using to do your “chalk board” drawings?? Powerpoint?? Do you use Bamboo for your writing? I really like your teaching tools.

Thank you very much. I’ve subscribed to you and look forward to seeing more.

Julia

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grp362 May 16, 2010 at 4:59 am

Pat:

Thanks. Been there -done that and there’s a downside. You have to look, act & be professional to actually compete with Google to get ads directly.

It would be better, I believe, if Google would share their details with AdSense Publishers – and what’s left over for you so you can see the hidden costs.

The fact that they don’t makes your approach seem reasonable-but adds costs to you if you diy it.

Direct selling of an eBook is a totally different beastie.

MrPyrometer on twitter

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pr1vat3only May 16, 2010 at 4:59 am

HEy Pat!

I really loved the way you managed to make this presentation so easy to follow!
The advice on the Ad-sense is really hard to take, but i’ll take it anyway. Although this does mean I’ll have to figure out where to put the advertisements of the guys I contacted.

Thanks ones again. Looking forward to your next video-blog!

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machew756 May 16, 2010 at 4:59 am

Thanks Pat for the great tip and lesson. What I like best of all with the video is the explanation with the blackboard.

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olajuan2006 May 16, 2010 at 4:59 am

great stuff…thanks pat…your vidoes and info are of great value

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ckmorita May 16, 2010 at 4:59 am

Nice job pat! The way you explained the passive income stream and your Google tip in the video made it very easy to follow. Thanks!

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TyTessier May 16, 2010 at 4:59 am

Really cool trick to “bypass” Google! Keep it up man! Great stuff!

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aiselade May 16, 2010 at 4:59 am

Hey Pat! Awesome stuff! I’ve just recently started reading your blog and think it’s fantastic. I’m just wondering how you go about choosing electronic (i.e. e-books) to create? (how do you research or decide what is “HOT” that markets are after?) If there is a post that already exist – sorry! As i said, I only just started reading your blog :)

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rungtongpaper May 16, 2010 at 4:59 am

Pat, are you using camtasia and a wacom board? I like the template. Good content.

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SmartPassiveIncome May 16, 2010 at 4:59 am

@socitdotcom I appreciate that! It really helped me get to that “next level” with my advertising campaigns.

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SmartPassiveIncome May 16, 2010 at 4:59 am

@MrNavinderan Thanks! Glad you liked it.

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elliottlemberger May 16, 2010 at 4:59 am

Good presentation Pat…thanks for the info. Great tip about going straight to the advertisers

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troy0619 May 16, 2010 at 4:59 am

great info bro, Anyone reading this you can make what this dude said if you make a ebook and post in clickbank. affiliates will sell it for you and you make the cash like the smily thin guy.. the hard part is making the ebooks.

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Guadalupe February 8, 2012 at 2:08 pm

I’ve rleentcy started a blog, the information you provide on this site has helped me tremendously. Thank you for all of your time & work.

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stacybaby9 May 16, 2010 at 4:59 am

Thanks Pat! I like being able to follow along with the drawing tool. Great investment! I appreciate your helpfulness and really enjoy your blog. I have been spending a fair amount of time there recently :)

Wish you the best!

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SmartPassiveIncome May 16, 2010 at 4:59 am

@tacobell1234gf Thanks A.! I wish you continued success :)

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tacobell1234gf May 16, 2010 at 4:59 am

Great advice. Great video.
Funnily enough, I had just come to the same conclusion about how to make money from a website. I am making more money than ever with a blog of mine that was well ranked but wasnt generating any revenue by contacting an advertiser directly. I came to this conclusion only one month ago. I’ll be subscribing to your blog.
Regards,
A. (based in Paris, France)

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SmartPassiveIncome May 16, 2010 at 4:59 am

@grp362 Thanks Mr Pyrometer. You’re definitely right, you do have to be somewhat professional when you approach these advertisers, but it would be silly not to be. It isn’t that hard though, and it’s worked for me, because I was able to give them specific numbers as far as how much they would be paying google, vs. paying you. I don’t really see how this adds a significant amount of cost on your end, however.

Thanks for your comment! Cheers man!

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SmartPassiveIncome May 16, 2010 at 4:59 am

@iagard Thanks Ian, I appreciate that. Google is awesome, and a great way to start. I can’t thank them enough, but once you get to a point where you think you could benefit not only yourself, but the advertiser too, there’s no reason not to try it out. Like @grp362 says, however, you do have to be a bit professional. You can’t just email them with no information and expect they will hand over money. :)

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Victoria February 8, 2012 at 8:43 pm

Richard, I rcltneey started a blog about creative writing and the publishing process for personal reasons. I has been expanding unexpectedly and although I only have 21 followers, I get an average of 100 hits a day. My blog is through Blogspot and it has the option to do Adsense. I added a modest number of ads a few months back and this month will finally get my first check! I was totally stoked, even though it is really small, however I have read several blogs lately advising against this as it could deter traffic from my site. I don't understand the logic, and would love your opinion on it. Trust me the little bit I make from Adsense isn't worth losing traffic, but at the same time, I would like to make something for my efforts? Your thoughts? New to the blogging world! My recent post

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lwxmce February 9, 2012 at 7:49 am

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