Terence Chang Photography

Passive Income Generator Using Google Bloggers

Image Credit: Cash

I thought about writing this for a long time. While I am in the process to foreclose my unused Internet assets and web properties, I was able to generate Google AdSense income on many of those sites. So I am here to share that with you.

First of all, this is NOT a long term way to generate significant passive income. This will just generate some extra income to pay for your Starbucks coffee, iPad or fancy digital camera gadgets. It will also give you a quick start to test your niche. However, You will need to put more efforts into it to generate significant income.

I am about to close the last chapter of my SLOWLAN Passive Income plan, but I do know there are people out there trying to create extra income and they value their money more than their time. This is for them! It’s a SLOWLANE way to generate extra money. If you want a FASTLANE way to generate money, you need to create an automated system.

So what do you need to accomplish it?

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Rethink Affiliate Marketing From Aisle 100

Affiliate Marketing
Digital Photo Taken By Me At Phoenix Women’s Expo.

It’s been a long time since my last crash on Affiliate Marketing in 2001-2003. At that time, I really don’t know where I will be going with affiliate marketing. There were only few big player at that time such as Amazon and commission junction. Everyone is selling the same things while only getting 4% commission from the big player.

Every since Facebook becomes a money maker and play ground for new comers to generate income, I have to rethink the possibility of using social media to generate extra passive income. Don’t get me wrong. Affiliate is a great way to generate significant income, but it has a fundamental fraud.

You have no control.

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Make passive income passive

clocks

Image Source: Petoskey Clock Tower

Just found out this old post I did a long long time ago. Clock is ticking – Are you working hard or working smart! I have one confession to make.

What a loser I am.

Yup! I don’t have to hear that from you. I admit that I haven’t really changed that much other than the fact that I did move forward. I am not moving fast enough.

Here was the goal I set a long time ago and I posted on my Facebook wall.

Duh! Crap! What am I doing here?

If I want to make $1M a year, I have to make $2 every minutes none stop and no sleep. If I work 8 hours a day. That means I have to make 3 times of that per minute. So I have to make $6 a minute at $360 per hour rate with no vacation, no weekend and no sick day for 365 days.

I really don’t want to work. So everything I do must generate passive income.

Passive Income

Passive income. I can’t count how many times I remind myself about creating the passive income.

So here I am.

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Create passive income business to support dream lifestyle

Passive Income

To achieve my dream lifestyle to travel around the world, passive income is the only way to make it happen. In the past few years, I have tried many things and now identify the direction. I am learning it the hard way. I should know better few years ago.

Regardless which method you choose, there are bottom line requirements to make this true passive income business.

  1. Automation – The only way to make passive income is NOT to work on it. Or simply spent few hours a week to do minor tasks.
  2. Outsource – Let other people do the work for you
  3. Scalable & Profitable – The only way ensure your business model can last a long time, the business must be scalable and profitable.

Basically, it follows The 4-Hour Workweek principle.

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