Some people take it automated well before the year is up. When it converts, it converts. If you target the right people and you're able to create the right message that appeals to your audience, you might just hit a home run. An automated webinar often involves the creation of a webinar funnel. That includes, not only the webinar, but also the email sequences, and possibly a self-liquidating offer, and maybe some done-for-your services and up-sells.
How can I increase my source of income?
Certain posts that you create can work like passive income for you. For example, if you have display advertising on your blog, then this is purely passive income, though you do need to keep creating content for returning visitors and subscribers. It takes a long time before you can monetize a blog, at least 6 months. This is why a lot of people drop out of blogging before 6 months, because it is a lot of hard work.
passive income definition
Reinvest your earnings. You can grow your portfolio even more by reinvesting your dividends. This means that when you receive a dividend payment, instead of keeping the money, you use it to purchase more shares in the company. Consider doing this every time you receive a dividend until you need to live on the passive returns (perhaps at retirement). Your equity and in turn your dividend payments will continue to build during this time.
How can I make my website popular on Google for free?
In order to collect rental income, you will need to purchase real estate or own real estate. This would involve putting a down payment and then borrowing a home loan or mortgage (or if you have it all in cash, by all means!). If real estate prices go down and you sell, you will lose money. If real estate prices go up and you sell after collecting rent for a year, you will do well. Just like the stock market, the real estate market is cyclical and there is inherent risk in investing in real estate.