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Is autopilot income a myth?

Discussion in 'Making Money' started by BillyRayValentine, Feb 1, 2013.

  1. BillyRayValentine

    BillyRayValentine Regular Member

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    Was trying to forumlate a plan to up income, and on paper I came up with an idea to generate $500 this month, $500 the next month with a different method, and the following month, so essentially $1500 pm by month free.
    However, the problem is each method involves work, even outsourcing stuff you have to get on to the outsourcer and check quality.

    Is there any truly autopilot incomes? or do they just die if you dont work on them. Even if you owned a few websites earning $500 a month, there still probably 2-3hrs a week work per site per week.
     
  2. sirgold

    sirgold Supreme Member

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    Absolutely not a myth. I'm living proof of how it's not a myth. A myth is whoever tells you otherwise because he's unable to achieve it and I'll give you that: with the current state of the internet it's not too simple (or as simple as it used to be in the past), but certainly not impossible.
     
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  3. cricket1

    cricket1 Senior Member

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    Hell, no, it is not a myth!
    I have videos on YouTube that are 1 year old and still bringing me money. It is the beauty of IM.

    Sent from my Nexus 4 using Tapatalk 2
     
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  4. Furious George

    Furious George Supreme Member Premium Member

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    It's only a myth if you've failed. I have a few ebooks I've written that make me several hundred dollars a month, and I literally do zero work for that money. Zero maintenance or anything. It's not even worth the time to see if people are pirating.

    That's one example.... imagine scaling it up, or even something different like making viral youtube videos. If the video never gets kicked (100% legit) you'll have adsense income for the rest of your life.
     
  5. ferma231

    ferma231 Elite Member

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    Autopilot income is good, but its hard to make something like that ;)

    Most of the methods shared arent autopilot income, they are hit and run things, make money and just run away, you cant lay back and watch your earnings grow, thats something which is bad.

    But you can definitely build passive incomes for sure, with some of methods


    Like 1 smart man said to me : Passive income is road to wealth.
     
  6. BillyRayValentine

    BillyRayValentine Regular Member

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    Good replies. At least some of you are benefitting from autopilot income. That is my goal, but I agree its hard to set up. Most of my income has been of the hit-n-run, non-sustainable type, so I need to change the business model somehow.
     
  7. 1337Alec

    1337Alec Junior Member

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    Not a myth, for example something I did for a while for a little side cash was use my friends twitter bot that would send out certain clickbank offers to people that mentioned certain keywords in a tweet. I actually made about $50-$200 a day. All I had to do was update offers and keywords every once in a while and click the run button on the bot every morning.
     
  8. dragonno

    dragonno Newbie

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    I bought wprobot a couple years ago and it only used up my mb so now I stay away from it. It didn't generate the traffic as I expected.
     
  9. DPatel304

    DPatel304 Regular Member

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    I don't believe it is a myth, but I have not been able to achieve it yet. Haven't much money at all in IM, but autopilot is where I want to be. Looking to have several sources of auto-pilot income eventually, even if each source is only a few dollars a day. It will eventually add up. Right now, I have 10 MNS sites that I run. They used to bring in about $10 a month each, but now it's down to less than $1 a month. I know those earnings aren't great for MNS, even when it was doing $10 a month, but you gotta start somewhere.
     
  10. andrewk323

    andrewk323 Registered Member

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    definitely not a myth, I have YouTube videos linked to a website with a content locker that I havent touched in months and the one website consistently brings in $120+/month without me touching it at all.