Create Passive Income Lagos Nigeria - Free Tips To Create Passive Income Anywhere In Nigeria And Worldwide
In simple words . . . money, or the lack of it, is what keeps most people awake at night irrespective of where they live in the world.
So, what is the best way to make money . . . honest money?
Simple answer . . . create a passive income.
What is the definition of passive income?
Now that you understand the theory, let's deal with specific examples . . . things that you can invest your time and resources in and earn passively long after you have stopped working actively.
Passive Income Examples
What type of income sources qualify as passive income sources?
Here are four examples:
1. Pay Per Click (CPC) affiliate programs
2. Online affiliate programs that pay commission for life
3. Offline joint ventures that offer commission for life and
Here's a brief insight into the four income types mentioned above.
Pay Per Click Affiliate Programs
Many online advertising companies offer an online advertising solution called Pay Per Click (CPC) advertising.
With this system, advertisers register with the CPC company and specify . . .
The CPC company then feature the ads of its advertisers on its own search pages and on its partner sites (for advertisers that choose this option).
Each time someone clicks on the ads on a partner site, the cost of the ad is deducted from the advertiser's account and the revenue share belonging to the partner site is credited to his account. That is, the CPC company shares the revenue from the ads with her partners.
So, how do you create passive income from this income opportunity?
You simply . . .
1. Create a website
2. Register with the CPC company
3. Create ad codes from your publisher account (after your account is approved)
4. Include the ad codes in your website pages (where you want the ads to appear)
5. Check your account daily (or weekly, if you like) to see your earnings
6. Collect your cheque when it arrives in the mail
7. Pay it to your bank account
Why do I say this is a simple way to create passive income?
It's because it's completely hands-free once you build a popular website.
So, where is the real work?
The real work is to create a website and then to promote the website online so that it becomes popular.
When your website becomes popular, you will keep receiving a sizeable cheque in U.S. dollars every month whether you're on vacation or not, whether you're retired or not.
This is true passive income!
This is real success, hard cash!
You can benefit from this income opportunity where publishers are accepted in the world, including Nigeria.
Now the next natural question, "what CPC companies offer this kind of income opportunity?"
The most popular ones are . . .
Google Adsense, Bing advertising, and Yahoo advertising are pretty similar so I will discuss just one . . . the one I use. And that is Google Adsense.
You Need A Web Site!
It is important to mention that success with the Google Adsense program requires you to have a popular website.
Therefore, the real work is in creating a website that is popular.
Having a popular website means that hundreds (even thousands) of people visit your website every day. When thousands of people visit your site every day, enough will click on the ads on your site to earn a good living.
But first, you must create a popular website.
I suggest you use the same software package I use because it is simple and easy to use. This software is called Site Build It!
The Problem With Creating A Website
Creating a website and working to make it popular takes time and a lot of effort.
First, most people are not passionate about writing. So, building web site with lots and lots of pages that will attract lots and lots of people is out of the question for them.
Second, building a website is like writing a book.
Authors understand that they need to first write a book, proof read it and get it published before they can earn money. The exact same thing happens when it comes to website building.
First, you have to build the website, register it with search engines like Google and Yahoo etc and promote it massively to get massive buzz and get hundreds of people visiting your web site. It's the daily influx of people to your website that create passive income for you.
It can take years of hard work before your website can turn profit and thereafter move to become a great passive income earner for you.
The good news is . . . if you put in the time, commitment and hard work, your popular topical rich content web site can make you steady income for life.
So, go for it!
P.S: I highly recommend you join a home business income opportunity that does not require you to build a website, if you do not have the time, skill or patience to build a web site of your own.