Hey DP, I was thinking... All these money making ideas, such as affiliating sites, pay per clicks. They all need management, everyday, forever. Therefore, I was curious what ideas are out there that after you set everything up, it will run itself, and you'll simply get monthly cashflow? I wanna hear everything Thanks Andrew
Its does exist such thing but its earning is much more lower than the website that managed everyday such as proxy,auto blog.
I personally have a website that make me some money everyday with adsense. I just work on it like 3 hours/mo just to check everything is ok and to add some content. Is a simple article site, with original and useful content. The difficult things are in the beginning but once you got some visitors things starts to going well everyday.
This is just my opinion though that we always have to work our way to get the results we want. And specially with IM, it's just doesn't make any sense at all to see any money making site to run on autopilot and still produce nice amount of money for it's business owner each and every month. Well, it is just a newbie opinion lol
What you need is Money printer or cash generator . I don't think there are sites can achieve that. No pain, no gain .
That's true, but some kind of web sites can generate revenue on autopilot. Obviously you will not make a living from that, but it's an additional income that can help. To make a living the only way is to work hard everyday.
I have heaps of sites that make enough rev on autopilot and require 0 h/mo work. So sure it can be done, but why would I tell anyone how? Makes no sense.
Andrew, I've been looking for same stuff since 2005, but no result. I already make money online by different ways during 8 years, but i don't know any passive income still.
Making money without continuously doing work: I think it is quite not possible. If you want to earn good money from websites, then you will need traffic and for traffic, you need to update your site, get backlinks etc. You can work hard in the beginning and once traffic starts to flow in, you can then spend an hour or so per day to maintain things.
Haven't you thought about, why we all are not millionaires ? What makes you think that you can earn money by doing /nothing/ ?
1st step for you - Read the "Four Hour Work Week" by Timothy Ferriss. 2nd step - Implement your ideas and figure ways to outsource the work, while only requiring your review per week or month. "autopilot income" is a myth. The key is foster an idea, see it to fruition, sell it or run it, if the later - find someone who will do the work for you for less then your total gross costs. There will always be the Entrepreneur and there will always be the Employee - you decide which one you are.
It can be done but you will need to put in initial work to get you there. For instance for the past 2 years i have using a certain method with blogs to drive traffic to clickbank product. I did the last blog around september last year but up till now i still get at least one sale per week (i rolled out lots of these blogs though) So you must be ready to put in the initial work before things get rolling or have the cash to automate the whole process through the use of customised bots, outsourcing etc etc...
this is a question that many people want the answer to. Black hat (illegal) sources are not going to be long term. You need to be providing some value that people care about and want--this will help long term, it true for all business.
The best would be to set up a high quality review site (use social SEO) and use affiliate marketing to make $. Best of luck TS
well i do have some suggestions you guys want to take look into. For example those anime stream sites and general media sites you find sidereel are pretty easy to manage. You just need to get some embeds. The Anime sites most of all have very little requirement for management. Here are some examples zomganime.com anime-media.com animecrazy.net They are all on the top of the anime stream sites, all using wordpress with embeds from megavideo and veoh.com, and all of course have hundreds of thousands of unique visitors per day. Now what makes them easy to manage you might ask? The answer is simple, the owners themselves are all highschoolers that dont do anything except some SEO and site template change. The actual content addition daily are done by groups of uploaders zealots and moderators that do it for free believing that they are part of something big. Other than the ad money, some other anime site charge a member fee for download, but thats probably something you guys dont want because of the obvious issues. I actually had something like this way before these people ever became this big, but my life got in the way, and I had to drive away all the members I once had. ind of regretting it now.
traffic means hard work , if your traffic has stable you only need less work just keep everything on the right track , even autopilot still need pilot to run there's no autopilot without pilot
This is what I have.....along with faith that it'll grow based on GOOD content because I'm really into my site and quality content. I think if there were a way to make millions without a lick of work, why wouldn't everyone be doing it? And eventually it would all be saturated and NO ONE would make money! Thanks for the tip....I've heard of that book before but never picked it up.