Hi, welcome to my blog. This blog is all about kicking the habit of earning money and switching for the easier and more effective method of “Making” Money with the use of passive income streams. We are not claiming to know the get rich quick secret but using the information on this page I will show you how I and many others like me got rich slowly but surely. Over time money rolls in faster and easier with each new stream of passive income.

Sunday, 8 January 2012

NO INVESTMENT NO RISK: You’re First Passive Income Stream

Today I am going to give you a step by step guide to developing your first passive income stream. I have been talking about passive income streams for a while and showing you how you can earn free money from them but now I am going to put my money where my mouth is and show you how you too can begin to develop you very first passive income stream with a $0 setup cost and start earning free money with your very own passive income stream.

As I mentioned before passive income streams that require little to no initial investment often generate much less income than their amped up counter parts such as revenue generating assets but free money is still free money where I come from.

You need to begin by choosing a topic that you are well educated on from this you need to write a simple story or article, it doesn’t have to be long just containing enough information so that people will read it. Once you have completed this find a free web hosting provider. This can be done with a simple Google search. Simply upload you article to the site, most free web hosting sites offer a site building tool with this you can have you site up and running in less than five minutes.

Now sign up for Google check outs and pay pal if you do not already have an account. On these sites you will find a support me feature simply copy and paste these onto your new site. This allows views to make donations to you site through a trusted channel. Now all you have to do is submit your site to Google to do this simply Google site submission from their you can submit your site.

And that’s it you now have a site that people can find on Google connect to and support you if you wish. It may seem unlikely that anybody will make a deposit but remember that site will now be sitting there forever however unlikely it is bound to happen eventually and you can now create multiple sites in the same way to increase your chances of free money.

Let me know how you go, remember this is just a simple example of a passive income stream to get you started without any investment. This and eBooks is how I started off.

Good Luck

1 comment:

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