How Much Passive Income From 1 Million

As seen with our millionaire blogger, you can make a very good living from your writing! With all of that said, his personal income as a writer is quite substantial- he makes enough to pay for all of his monthly bills multiple times over.

But what most people don’t know about him is that he doesn’t rely solely on blogging for revenue. He also produces other content such as podcasts, videos, and even lectures.

He’s been featured in media outlets like The New York Times, Forbes, and Business Insider, among others. And he didn’t achieve this level of success overnight – it took years to get here.

If you are willing to put in the work, you can too.

Buy advertising space

how much passive income from 1 million

Advertisements are an integral part of most people’s daily lives. You will probably look at several advertisements every day, maybe even spending some money to view a particular advertisement or product.

Most advertisers pay for this exposure by buying advertising spots directly from Amazon or another market place website. This is called Pay Per Click (PPC) marketing.

By investing in PPC ads, you get to choose where your ad appears. The way it works is someone else pays to have their advertisement appear next to yours, kind of like how restaurants hire outside help to promote their business.

This person who helps promote your business gets a special link they can use to tell everyone about the services and products you offer. These links usually cost per click, which means they are paid that much for each time someone clicks on their link to visit your site.

This isn’t necessarily a bad thing, but there is a limit to the number of people you can influence with a link, so investment strategies must be considered. It’s better to invest in a few large accounts than many small ones.

That being said, creating a free account and trying out the system is a great way to see what types of results you can achieve with PPC marketing. There are plenty of free tools available to ease into the process as well.

Start a blog

how much passive income from 1 million

Starting your own business is a great way to make money online. All it takes is creating an interesting, informative, focused website or app that people are going to want to visit regularly.

From there, you can start charging visitors for services or products you’re offering through their browser or mobile device.

Most of us already have a pretty good idea what websites and apps we would like to use, so starting up a small side business is not as difficult as may think.

There are many ways to begin making money online without having to launch your own site. You can choose to create and sell digital content, become an affiliate marketer, run a YouTube channel, develop creative skills and produce your own product, or all of these at once!

The key thing to remember about making money online is that you do not need to know how to make a website before you try it. There are plenty of free resources available where you can learn the basics of designing, developing, and marketing a web presence.

No matter what kind of online career path you decide upon, being able to write well and communicate effectively will help you succeed. So will using social media to connect with potential clients and customers.

**Disclaimer: This article contains links to sites where Ben and I earn revenue via advertising, affiliate programs, and sponsored content. These links are used because they are relevant and beneficial to our readers. We promise to always give legitimate reviews and recommendations.

Buy products and resell

how much passive income from 1 million

One of my favorite ways to make money online is to buy low priced items and then re-sell them for a higher price.

I’ve done it with books, DVD’s, movies, games, and I even sold my own jewelry!

By buying things at a lower price, you get a lot back in return. You save money by not having to pay full price for anything.

Next, you find a market that will purchase the item from you for a high price. A website or magazine that can’t resist an inexpensive book/item will happily spend extra money on it because they want to have it.

That's how most people start their eBay business — they create their account and see what items they can sell to gain profits.

It is totally possible to make a living as a seller on Amazon, but you need to know your product and be able to promote yourself properly.

Rent out your apartment

how much passive income from 1 million

Many smart money owners do not consider their house to be an investment, instead they see it as a way to sleep at night. But with enough research and preparation, this asset can bring in solid income for you.

By investing in or renting out your home, you are starting a business venture!

You will be creating a revenue stream that brings in constant income every month. By offering your room or space to others, you create a rental service for people looking for housing.

This is perfect if you are trying to find a stable job so you can higher up the ladder, or if you want to start off small to test the waters before buying a house.

There are many ways to make money from owning a house. You can rent it out to someone else, take advantage of the tax benefits of having a residence, and/or sell it and use the profit to invest in other properties.

All of these strategies help you grow your net worth while still keeping what’s important to you – under control.

Investing in real estate isn’t just for wealthy individuals anymore. It’s a great way to begin building wealth.

Start a drop shipping business

how much passive income from 1 million

Starting your own drop shipping business is a great way to make money online without having a lot of capital upfront. By buying products from Amazon and then selling them for a lower price, you get a higher profit margin.

Most people start their drop shipping journey by picking one product category that they are passionate about. Then, they pick a supplier in this category that doesn’t have very good quality merchandise but sells it at a low price.

Start a business selling products

how much passive income from 1 million

Starting your own business is one of the best ways to make large amounts of money. All it takes is creating or buying a product that people want and are willing to pay for.

The more expensive the item, the better! This is how most big brand name companies become rich. They create a popular product that many people enjoy and then earn their income with advertising or through sales.

The difference between having a lot of money and being wealthy is determined by what you do with your life and career. Being wealthy means you’re able to live an incredible lifestyle which includes owning a boat, house in the beach or country, etc.

Running your own business can easily produce such a lifestyle if you take the right steps. Here are some tips for starting your own online business and making at least a million dollars.

Start a website selling products

how much passive income from 1 million

Starting from scratch with an online business that makes money passively is not easy, nor do they come easily. It takes time, effort, and know-how to succeed at it. But once you have all of that, starting your own site is like riding a bike!

It is worth the effort because this article’s writer has published several successful sites beyond his personal blog. He has made enough passive income to cover the cost of almost every major student loan in America!

He also paid off a house in just under two years (he says it was more difficult than being motivated to work). And he’s now investing in more creative projects that make even more revenue.

There are many ways to start building a profitable site into existence. One of the easiest is to create a free or low-cost WordPress website and begin advertising it via social media, SEO, and other channels.

This article will talk about one such blogger who sold his 15,000 monthly readership site for a $250,000 investment. His simple strategy worked wonders to generate consistent revenue without too much stress.

Start a Pinterest page and sell products

how much passive income from 1 million

Starting your own business is always a great way to make some extra money. And if you have a knack for putting together attractive looking items, then crafting or designing something and selling it online is a good way to go!

There are many ways to make quick money through online sales. Creating a Pinterest page and marketing it as an eCommerce site is a great way to do this.

By creating a niche website using a content management system (CMS), you can start adding products quickly. Many of these systems allow you to add and edit pages, product listings, and categories easy-access.

Your success will depend heavily on your time management skills and how well you market yourself.

As with any form of internet marketing, there are no guarantees in the field of making money via Amazon or eBay or other sites that people already use to purchase things.

About The Author

Tiara Ogabang
Tiara Joan Ogabang is a talented content writer and marketing expert, currently working for the innovative company With a passion for writing and a keen eye for detail, Tiara has quickly become an integral part of the team, helping to drive engagement and build brand awareness through her creative and engaging content.
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