Passive Income Report – March 2013

Passive Income Report March 2013
My family with Miguel Cabrera – at a Tigers game in July 2011

Welcome to my (Dumb) Passive Income Report! This blog is all about what I am doing to create several different passive income streams. This monthly income report details my results. I work very hard and dedicate many hours each week to working on my different online endeavors in an attempt to create passive income. So why do I consider it passive income then? Because I am not trading specified amounts of time for a predetermined amount of money like I do at my day job. Most of the income you will see in this report results from work I have done in the past.

Why am I sharing my income publicly? Hopefully to gain credibility with you (the readers) and to maintain a certain degree of accountability for myself. I could blog all day long about what I am doing to create passive income online, including some of my unique strategies. But why would anybody trust me and believe that what I am doing works if I don’t prove it by sharing my results. This is what I mean by gaining credibility and this is one of the main purposes for sharing my income. I also share my failures on the blog, which holds me accountable. Knowing that I will be publishing a monthly income report will keep me motivated to keep pushing forward and plugging away on the things I need to do to create future passive income.

Continue readingPassive Income Report – March 2013

My Niche Blog Project – Offering a Valuable and Useful Free Resource

My Niche Blog Project - Creating Passive Income with a Free Resource
Totally relevant image from Flickr by Stuck in Customs

It’s been a little while since I’ve updated what is going on with what I am calling, my niche blog project. This project was born out of my frustrations and failures with trying to create small niches sites that rank well in Google and earn passive income with Google Adsense. One of my original posts about this project talks about how I decided to combine my blogging know-how with my niche site knowledge to create something bigger – a niche blog. It started off slow, as I knew it would. But what I had envisioned for the site is finally starting to come to fruition. I’m not 100% there yet – but one of the main aspects for what I wanted to do with the site is finally in place. I’ve created that free resource and have plans and forms in place for getting people to sign up for it. Now all I have to do is build traffic and everything else will take care of itself. By everything else, I mean that I hope to get to that goal of attaining 100% completion for everything that I envisioned for this site. This includes, but is not limited to, monetization and the possibility of creating a good passive income stream. Since this blog is about my efforts to create passive income, I will focus on telling you about that. Bear in mind though that me making money isn’t the only goal with this site. Keep reading to learn more…

Continue readingMy Niche Blog Project – Offering a Valuable and Useful Free Resource

Passive Income Report – February 2013

Passive Income Report - February 2013
Sledding with my kids – Winter 2013

Welcome to my (Dumb) Passive Income Report! This blog is all about what I am doing to create several different passive income streams. This monthly income report details my results. I work very hard and dedicate many hours each week to working on my different online endeavors in an attempt to create passive income. So why do I consider it passive income then? Because I am not trading specified amounts of time for a predetermined amount of money like I do at my day job. Most of the income you will see in this report results from work I have done in the past.

Why am I sharing my income publicly? Hopefully to gain credibility with you (the readers) and to maintain a certain degree of accountability for myself. I could blog all day long about what I am doing to create passive income online, including some of my unique strategies. But why would anybody trust me and believe that what I am doing works if I don’t prove it by sharing my results. This is what I mean by gaining credibility and this is one of the main purposes for sharing my income. I also share my failures on the blog, which holds me accountable. Knowing that I will be publishing a monthly income report will keep me motivated to keep pushing forward and plugging away on the things I need to do to create future passive income.

Continue readingPassive Income Report – February 2013

For Those Who Wonder – Is Lending Club Legit?

Is Lending Club Legit - Dumb Passive IncomeIs Lending Club legit? Yes. I happen to know that 170 people per month in the United States wonder about this very topic. I have to ask myself – who are these people that are wondering whether or not Lending Club is legit. They have to be one of two types of people. Either people who are looking to borrow money via personal loans or people who are looking to invest money. It is perfectly reasonable and rationale that they are skeptical. Borrowing or investing money 100% online in a peer to peer format seems a little bit sketchy. Is peer to peer lending safe? Is it safe to borrow money online from a P2P site like Lending Club? How much risk is involved if I am considering investing on a site like Lending Club? All of these are fair questions and I will do my best to point you in the direction to answer them and prove that Lending Club is in fact 100% legit.

Continue readingFor Those Who Wonder – Is Lending Club Legit?

Should You Get Long Tail Pro or Market Samurai?

Get Long Tail Pro or Market Samurai
Mermaids have Long Tails too!

Several people have asked me why I think they should get Long Tail Pro, especially if they already own and use Market Samurai for keyword research. I’ve even been asked specifically, by more than one person, to write a Long Tail Pro vs Market Samurai post. I’ve been meaning to write this post for a long time, but have been procrastinating. The reason for this is partly because I don’t feel 100% qualified to write anything good or bad about Market Samurai. I’ve only used their free 10-day trial, and that was nearly a year ago when I did that. However, I do have access to all kinds of information and sources on the topic that I can share and point you to. I do own and use Long Tail Pro and am a huge fan of the product, especially since the release of the Platinum version. I tell you this up front so you understand that this post might come off as a little bit biased. I am okay with that though, as I feel it should be biased when my findings clearly show that one tool is better than the other for how and what I use it for.

Continue readingShould You Get Long Tail Pro or Market Samurai?

Mini NSP – WordPress Setup and Choosing a Niche Website Theme

Mini NSP - WordPress Setup - Niche Website Theme
Looks like somebody who is probably frustrated with trying to set up their niche site!

Setting up WordPress and choosing a good niche website theme can be a daunting task if you are brand new to building niche sites. I know this to be the case for me personally, as I spent many hours figuring all of this stuff out on my own in the past. I combed through the internet and read several posts from other niche site builders to see how they do things. I spent many many hours playing with different free themes to try and get the look and functionality that I wanted for my niche sites. As a total rookie to WordPress and building niche sites, you can imagine my frustration! Now that some time has passed and I have learned a great deal, I feel like I can share some of my findings so that hopefully others won’t have to waste as much time as I did. Building a niche site both effectively and efficiently has gotten so much easier for me. As an example and part of this Mini Niche Site Project – I want to share exactly how I do things and what I use now.

Continue readingMini NSP – WordPress Setup and Choosing a Niche Website Theme