How I discovered One Of The Best Online Passive Income Opportunities
Hi, My name is Chris. I live in Bolton, a city in the north west of England, in the United Kingdom.
I want to tell you how I discovered a beautiful passive Income stream after many years of searching the Internet.
But before I give you all the details, I will need to tell you about myself so that you can understand why I am excited about my big discovery.
I am 56 years old. I am married and we have three lovely teenagers.
I studied an engineering degree at the University of Bolton and I had earlier obtained a Bachelors degree.
But I have been on a big search. A search to find a way to make money online. In fact I have lost some money to internet scams along the way.
I have done a couple of online jobs which pays very little for all the hard work I had to do but I was determined to do those jobs in my bid to find sustainable online income streams.
The major problems with my two online jobs was not just that the earnings was so poor but the jobs are such that you need to be putting so many hours every day to be able to make a few dollars online.
One of my online jobs paid me only 30 cents for one hour of micro tasks of transcribing scanned hand-written texts. It is pitiful.
Those jobs weren’t good and that brings me to my next topic which is my definition of passive Income.
What is a passive income?
A very common definition of Passive income is that it is income resulting from cash flow received on a regular basis, requiring minimal to no effort by the recipient to maintain it.
I agree to this definition. I can only add that passive income need some effort by you initially to set it up and then it becomes an income stream.
So what is this my passive income opportunity?
I will give you the details by telling you a story.
A colleague recently described how he sold his website that was doing very well because he needed some cash to invest in a bigger business opportunity.
The sale went very smoothly and he got the cash but the new investment collapsed very quickly and he lost everything he had. He had no job and no money.
But he had earlier set up a passive income stream and it was only the five hundred dollars monthly income from that stream that sustained him until he got back financially on his feet.
So what did he set up?
How much did he invest?
How long does it take to set up?
I will answer these questions as I introduce to you my best choice of passive income. It is called the Wealthy Affiliate University.
Wealthy Affiliate is an online business university (academy/training). It was launched in 2005. It has 1.4 million active members sharing experiences and helping each other succeed. It specializes in the affiliate marketing model of passive income.
The company is based in Canada but has membership from all over the world.
I can confidently say that everything you need to create and grow a successful business online is included at Wealthy Affiliate. They cater to all levels of experience.
If you have zero online knowledge their facilities can help you to start up and grow. If you have many years of success online, they have a wealth stock of highly valuable resources to help you to prosper.
I will list below some of the advantages of belonging to this wonderful platform.
Benefits of joining Wealthy Affiliate:
- Free to start. Free forever if you wish.
- 59% discount on 1st month subscription
- 50% referral commission (25% for FREE members)
- Recurring commission
- No credit card to start
- No software or app to download
- Free holidays to Las Vegas (Flight/hotel/food) to attend end-of-year conference if you meet referral target.
- Free weekly webinars
- Free website hosting
- Detailed step-by-step tutorials including texts, images and videos.
- Task-based lessons so that you practice as you learn.
- Fantastic community of digital marketing experts/newbies helping each other to achieve success
As I explain the details of each of these benefits, I want to highlight the passive income element that my colleague has been enjoying. It was the recurring fifty percent (50%) commission that he was receiving for the referrals that he brought to the Wealthy Affiliate platform.
The very first thing in my list is the fact that you can join the company for free. They do not require any credit card details or any payment.
All you need to do is to enter your name and email address and your account will be created. They also allow new members to enjoy all the premium benefits for first seven days so that you can decide if you like the training platform.
If you decide to become a full member (they call it PREMIUM member) within the first 7 days, you will get 59% discount on your 1st monthly subscription. The monthly payment is $49. So you will pay only $19. A lot of new people normally take this offer.
Wealthy Affiliate also give discounts if you want to pay for 6 or 12 months subscription at once. The annual fee is $359 which amounts to about $30 per month or just about 1$ per day.
I also need to mention that the FREE MEMBERSHIP doesn’t expire. You can remain a free member as long as you like. The only issue with that is that you won’t enjoy the full benefits of premium membership. For instance, your referral commission will be about 25%.
Everything Under One Roof In Wealthy Affiliate
The next thing I want to explain is that almost everything you need is available on that same website. You don’t need to download any software or apps even to participate in the weekly webinar. The live chat room is also integrated on the platform. Most of the training materials are available in the same platform. Even your WordPress website can be accessed through the platform also. The keyword research tool, known as Jaaxy is also available once you log into the platform.
Their website looks like the Facebook website. You have to create a profile and other people will “like” and “follow” you and vice versa.
There is also a set target of 300 referrals per calendar year and if you meet this target, you will get a personal invitation from the founder/owners (Kyle and Carson) of the company to come to a fabulous conference or end-of-year party in Las Vegas, California.
This offer is just like an all-inclusive holiday package. All your expenses will be paid including Flights and hotel as you hang out with other high-fliers at the “super affiliate” conference.
In my conclusion, I must say that Wealthy Affiliate University is the best passive Income opportunity that I have discovered and I strongly believe that you will check it out to see if what I have narrated will benefit you.
Why not try it out? Click here. It’s FREE.
You can learn more about passive income by checking it out in the wikipedia: https://en.wikipedia.org/wiki/Passive_income
Thank you so much for visiting.
Please leave your comments or questions below.
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