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Passive Income

Creating different streams of passive income is paramount to becoming location independent. Having several different online money-making ventures gives you the freedom to travel more freely, as well as expand your business network at the same time.

Within the Passive Income section of the blog you’ll see that we focus on topics such as selecting your niche, ‘muse’ (to use Tim Ferriss’ already-made-famous-thanks-to-a-great-book term!), or product creation, affiliate marketing and online marketing in general. Couple this core concept together with the Entrepreneurship one and you’re well on the way to creating an awesome Virtual Business Lifestyle.

Latest Posts in this Category

3 Bloggers You Absolutely, Without a Doubt MUST Follow in 2012 to Start Crushing It!

Corbett Barr, Pat Flynn, Chris Ducker & David Risley

2011 was another outstanding year for me, personally, and as an entrepreneur. I'd like to thank all of you for helping me along the way last year, in whatever way you might have contributed. It's now a new year and you'll be happy to hear that I've made some changes to the type of content that I am now going to be focusing on creating here at the blog. I go into a lot more detail about it all in the video above. However, thats not what this post is really about. It's about three … [Read More...]

Niche Site Building, Post Panda and the Importance of Consistent Execution!

This is a Guest Post from Steve Wyman. Panda has had a dramatic effect on the ranking of many websites. In the past it was possible to place 100 related longtail keywords on a page, throw some links at it and rank for many of them. In fact I had such a page on a niche site about training a particular obscure breed of dog. That one page brought in, on average, over 15,000 visitors a month to my niche site! Post Panda (version 2+) 4 per day (120 per month) is the best I’ve seen! Is this a bad … [Read More...]

Niche Site Project – 4th Monthly Report

Another month, another dollar... kinda. I'll go more into that in a while!!! So, here we are with the 4th of six planned monthly reports where I chart my course to Niche Site Stardom!!! :-) Seriously speaking, however, if you're just joining in the fun and games, four months ago I launched the Niche Site Project community challenge where anyone could get involved and build, market and monetize a niche site, and share all the gory details (good and bad) for us all to learn from. And there … [Read More...]

Starting a Niche Site: Ideas, Inexperience, and Doing All the Work!

This post by Benjamin Spall, is part of 'VBL Guest Post Season 2'. I have a huge respect for entrepreneurs. Making it is tough. Real tough. Like so many other things, it's not until you try it out yourself that you can really appreciate the difficulty of the game. Take professional sports stars. They often get a beating in the press for how much they earn, and almost as frequently, how often they spend it. Sure, sports stars earn a lot. Scratch that, they earn a hell of a lot. But it … [Read More...]

Passive Income: 7 Membership Site Tips From A Long-Time Professional Blogger!

This post by David Risley, is part of 'VBL Guest Post Season 2'. Membership sites are pretty popular in the internet business arena these days. Passive income, baby! But, let’s leave the realm of the obvious and move into something practical. Membership sites have been my focus for some time now. I’ve learned some things in the process. The following tips are some which I will pass on to you in the hope of saving you some time. Shall we get started? :-) #1 - Have a front-end … [Read More...]

3 Different Types of Virtual Businesses and My Experience With Each of Them!

This post by Diggy, is part of 'VBL Guest Post Season 2'. I was introduced to the concept of virtual business (making money on the internet) 3 years ago. In the last 3 years I've spent a lot of time, money and effort experimenting with different virtual business models. Needless to say, I wasted a lot of resources in the process of all this experimenting and today I want to help you to avoid making the same mistakes that I did. I haven't made a fortune through online business but I've made … [Read More...]

Top 10 ‘No BS’ Tips to Creating & Launching Your First Virtual Business! (Part 2)

I recently published the first part of this two-part series, and was pleasantly surprised with the feedback, emails, comments and social interaction that it got. Thanks to everyone who commented or tweeted, shared, etc, etc. In the first post we went over the initial set-up of getting ready to create and launch your first virtual business. We discussed simple, but highly required things like setting up a blog to find your own voice; the importance of building a personal brand so people can … [Read More...]

Niche Site Project – 3rd Monthly Report

Welcome to third exciting monthly installment of the VBL Niche Site Project! If it's your first time here, just check this page out for all the background info on the project and to become a part of it. Botton line is... a few months back, I put together this experiment for myself, to research, create, populate and market my first ever niche site, with Google adsense as my primary income generator. The plan is to work on it for 6 months and then basically stick it on auto-pilot (with the odd … [Read More...]

VBL Discussion: If you started a Virtual Business tomorrow, what would it be?

In the last year I have started two virtual businesses. I've been heavily involved with both of them for a certain period of time, and then, once things seem to level out, and starting running on their own (and after I've hired people to run the businesses for me!), I step away, manage from a distance, and move on to the next project / start-up. I love doing this...! The First The first was Virtual Staff Finder. This is a service that I started up purely to fill a gap that I saw in the … [Read More...]

Niche Site Project – 2nd Monthly Report

Welcome to the second monthly update for the Niche Site Project. Last month I published my first update in a series of six planned monthly reports to show you exactly how my niche site was doing, and the things that I had been doing myself, along with my team of VA's, to help promote, build out and monetize the site. Why Only 6 Monthly Reports? Simple. Within the first six months is when I want to do all the 'real' work on this site. After all, the plan is to create passive income here, not to … [Read More...]