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…
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.
Giving special thanks to Google’s latest EMD update, I am scratching my attempts at building micro niche sites and moving on to something bigger. My next attempt at creating passive income online involves starting and running another blog. It is arguable whether income from a blog is considered passive or not, and this could be a great topic for another entire post. I’ve taken this into consideration and have some great ideas to make this niche specific blog as passive as a blog can be. I’m going to take what I’ve learned about SEO and combine that with what I knew about blogging and add in a very specific strategy that could build traffic, relationships and even quality links.