Do you already live only from passive income?

[Deleted member 923340]

not at all.

 

[ZAP6]

Hey guys,

I'am very interested to know how many BHW users live only from their passive income.

If you do please tell me/us how many years you needed to get there and how many projects you started and canceled?
How many projects do you have at the moment to finance your life?
And are you satisfied with the amount you earn with passive income, or is it sometimes difficult to pay your bills?

Thanks for answering.

Build a huge traffic network. Hundreds of social media accounts and SEO websites.

Add all types of affailate sales programs. Took me less than two years to make 40k-60k a month. (Before my overhead which isn't much.) ps. I don't share any tips or how I run my onlinees businesses. All I can say is you need to commit to a plan and work 16 hour days from home.

 

[zobban]

I Was about to be homeless. Talk about motivation, 1 week later things were solved with IM, that Was 1 year and 3 months Ago.

Lol Love this one: Are you satisfied with your passive income?
Never, I felt the homeless Mentality worked for me. So I just keep imagining myself Being a hobo by next week if I don't make this project work.

 

[jonross]

No, but I know people who're making passive income off me.

 

[s7ryker]

 

[710fla]

It took me more than a year to even see any real income. Still not enough to live off of but I'm getting there.

A lot of people think that IM is easy money because you work from the computer. But if you've been doing it for a while you'll realize it's often more work than a 9-5

 

[smartalex]

3 years.

It took me 3 years through trials and many many many errors to a good passive income. I failed too many times because of my laziness. In hindsight, it would have taken less than a year if I fully focused. Well, we live and learn.

I know many people here would hate me for saying this but I started making real money when I stopped doing blackhat stuff.

 

[bartosimpsonio]

Took me less than two years to make 40k-60k a month. (Before my overhead which isn't much.) ps. I don't share any tips or how I run my onlinees businesses. All I can say is you need to commit to a plan and work 16 hour days from home.

That's 600k a year in affiliate commisions. If you're an individual and not a company, you must be in the top 50 individual affiliate marketers worldwide.

 

[spectrejoe]

You need to get on the rev share programs. Don't gay around with Amazon and Adsense shit, where everything is whipped from under you when Google / Amazon decides.

What do you mean by rev share? I am currently trying to get to 1-2k monthly passive in Amazon but like you said I don't want to have all my money be under a single company, if shit goes south I'm fucked. literally.

 

[ZAP6]

That's 600k a year in affiliate commisions. If you're an individual and not a company, you must be in the top 50 individual affiliate marketers worldwide.

I wouldn't even say I am close lol, i know tons of people that are running over 2000 social media accounts for affailate sales

 

[Dominick DeCocco]

I only got into the world of IM 20 days ago and I've gone from now knowing diddly squat about IM to having made $1.85 from a cpa lead. I'm not so much focused on the money more than I am on progress.

To me, not knowing wtf a landing page or what ctr even meant - to being able to build landing pages/manage domains/upload file through ftp/make wordpress websites/learn how to use click tracking software/scale bing ads campaigns...that's progress. I've learned so much and yet I still have so much more to learn.

I guess what I wanna say is (and at about this point I realized my reply is hardly related to your question), work hard and keep your eye on the prize. One day you'll get there

 

[Purush]

wutkindofgoal

Living with passive income. Setting up the authority site and with get the income.

 

[zacatictac]

At one point in my life I was making 10k a month doing pretty much nothing. For the last year my main job and income is all internet based shit. Some of my sites have gotten hit lately I'm spending my entire day stressing and working on them. Definitely not passive anymore, still better they working some shit job taking orders from someone making all the money and doing nothing.

 

[seodean]

Not fully passive but working on it.

 

[crivey]

That's 600k a year in affiliate commisions. If you're an individual and not a company, you must be in the top 50 individual affiliate marketers worldwide.

You must be kidding... 600K a year isn't even close to the top 50. He's probably in the Top 1000.

 

[wayne1977]

Not by a long shot but working hard on it. One year into IM and didn't know shit about keywords or anything then I found BHW and learned a lot. Well after few months earnings increase every month and hopefully in a years time I will have enough to have a semi-passive income.

Some goals for 2017

Buy a car
Cruise the Caribbean
Buy a decent PC

 

[ttmschine]

I was for 2 years... back when i was 19-21... too much money, weed, party, friends... Stoped working on projects, spended all money on bulshit... Than lost all.. worked for 2 years 9-5, smoked weed everyday.. Woked up 24 years old... Finally quited all my bad habbit 3 months ago n started 2 new projects.. will finish first one in 2016.. then will see... Moral of the story when u start smelling money n succes keep working hard and invest back...

This is similar to what I did. I was selling a couple of ebooks I wrote and was making almost as much as in my job, so I jacked in my job.

Then sat about and did very little. When earnings started to drop I worked like a loon to find something else, got something else earning a monthly wage and sat back and put my feet up.

When that started slowing down did the same again.

All I used to do was try and get a monthly wage - once I had that I'd stop.

Now I'm aiming to be earning a lot more than that - I'm going to work like a demon for the next 12 months, then hopefully I'll have built something that will earn me a lot more than just a months wage.

And once I have it there I'll immediately start working on something else.

 

[bartosimpsonio]

You must be kidding... 600K a year isn't even close to the top 50. He's probably in the Top 1000.

Assuming 3 to 10% commissions, that's 6 to 20 million U$ in sales / year. If he were top 1000, that'd mean the top 999 did u$ 20 billion in affiliate sales / year.

But the whole worldwide affiliate GDP today is about U$ 6 billion, which includes giant sites (which take the biggest share) + individuals. So that's not possible.

So while I may be wrong about top 50, as an individual he's probably up there in the worldwide top sellers, I don't know where, but he's well ranked.

 

[drogon]

For me, passive income is a little overrated. Sure, its great, and part of my income is definetly passive. But many people, in their eternal chase for passive income, miss a lot of ACTUAL income and live quite poorly for long. Plus, they forget that you can make so much ACTIVELY that you don't have to work all the time. I regularly make 100$ or more per hour by doing professional eCommerce consulting, working on marketing and sales strategies or building sales funnels for clients. Yes, this is active work, but in a very short time I can make more than many people make "passively" within half a year.

Passive income is awesome and definetly worth pursuing, but shouldn't be the number one focus all of the time, in my opinion its good to find a good mix.

Passive income is not over rated. I would rather make $100 a day guaranteed passive income and be free to do whatever i want with my time than stuck in an office on some bullshit $100 an hour project that will mean nothing in 100 years when you are just dust and sold your valuable time for peanuts and some meaningless job title. The question to those who strive for a passive income is how much is your limited time on this earth actually worth to you? For me $100 a day passive is worth more than $100 an hr active...as i will never get that time back. But agree that it is good to get a balance if you want different streams of income and wish to accumulate investments when you are young.

 

[nslw9495n]

Passive income is not over rated. I would rather make $100 a day guaranteed passive income and be free to do whatever i want with my time than stuck in an office on some bullshit $100 an hour project that will mean nothing in 100 years when you are just dust and sold your valuable time for peanuts. The question to those who strive for a passive income is how much is your limited time on this earth actually worth to you? For me $100 a day passive is worth more than $100 an hr active...as i will never get that time back. But agree that it is good to get a balance if you want different streams of income and wish to accumulate investments when you are young.

VERY NICE!!!

YOU GOT IT!