Creating $100Kyr passive income.
I think creating $100K/yr passive income may be a dream of a lot of us. Personal, it is my dream, but I will be satisfied if I can accomplish a quarter of that dream. Realistically, their is no cap on our income. If we can accomplish $2000/mo we can scale up what we are doing and accomplish any income we want.
My vision is to create a $100K/yr passive income within 5 years and a $24k income within a year.
My mission is to help people become more resilient personally and financially.
My goal is to use the internet to reach people worldwide who want to create a resilient life style.
My strategy is to use my website to reach people worldwide who want to be more resilient.
My objectives include:
I will consider this objective to be accomplished when my website draws more than 5000 visitors a month and I will accomplish this objective by October 31, 2018
I will add quality content to my website at least weekly.
I will have a CTA on every post asking people to join optin list
I will use a weekly webinar to discuss personal, financial and community resilience with people on my list.
All my posts will be linked to my social media on Twitter, FaceBook, G+, Linkedin and pInterest.
When you pour passion from your heart to your content, traffic will be
drawn to it. Also, focus on keywords and comments. Use site maps for
each web site. Reviews can sway a visitor to take a look and can draw
more people in. @herinnelson
Review Kyle's lesson on keywords: https://my.wealthyaffiliate.co...
Here is Loes instruction for setting up a sitemap: https://my.wealthyaffiliate.co...
Reviews have power because they make you money. Here is Kyle's lesson on how to write a review: https://my.wealthyaffiliate.co...
My audience (niche) is young families who want to know what they must do to help their families survive a Puerto Rico style category 5 hurricane. A second demographic is a retiree transitioning from job to retirement. So many of my friends seem to loose their purpose in life when they retire. I want to help them find their passion and create a second career.
What do you think? What objectives or task have I missed that I need to do to achieve my goal? What is your work flow in moving forward towards you goal?
Add you suggestion, you questions and you ideas in the comments below. Think hard on this. Make you comments meaningful. They can be a guide to help all of us achieve our goal.
I promise I will respond to every comment that includes a meaningful comment or question. When appropriate, IMO, I will add your suggestion into the main text. Lets make this a living document that will help everyone move forward to their goals.
Recent Comments
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great throughout plan---now do you have an action plan written out and broken down into the steps you need to perform to reach that goal.
That is where we translate dreams into action. I try. But I am weak when it comes to planning my blogging calendar. Any suggestions? I do find block journaling helps. It is old fasioned pen and paper but somehow I think better that way.
an action plan is nothing more than a written plan of what you're going to do each day to work towards your goal---you can go on https://goals.com/ and write down your daily goals or you can keep a journal with your daily goals, and a Daytimer
Your blog flares up curiosity.
Your goal is definitely feasible if one is resilient and taking into account the time frame shown.
Nothing is impossible to a willing mind.
Let's grab this.
Bill, Your post has got me thinking in all directions. Thanks for that! Your goals are commendable. When you pour passion from your heart to your content, traffic will be drawn to it. Also, focus on keywords and comments. Use site maps for each web site. Reviews can sway a visitor to take a look and can draw more people in. I wish you all the best. Your visualization has already made your dream and goals happen! "You'll see it when you believe it!" (Believing is seeing!)
Thanks, we need to emphasize keywords, comments are important because the reflect audience engagement and ranking. I completely forgot to mention sitemaps. I'll edit them in to the document and give you credit.
Thanks Bear. I hope this thread will become a discussion of what works and what doesn't.
For instance WA can become quite a time suck. How do you balance working on your website with taking classes here at WA and helping people here.
I try to spend at least 30 minutes studying and 30 minutes implementing what I learn every day. I try to write 3 blog posts a week, but am shifting one blog post to a product review. I think the money is in product reviews.
I'm wondering who is producing a weekly newsletter and what their results have been, There is so much we can share here.
The secret that I have personally developed for me and works, buddy, is are 6 D(s)
Descover
Define
Deploy
Devote
Delegate
Delete
@Littlemama just posted about posting regularly (she has 97 posts) being key to getting good free traffic. She stressed using low hanging key words.
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I agree with that run else, this is a wonderful plan and your goals are absolutely possible and more than achievable. It just comes down to giving yourself adequate time and putting forth the effort. Everything else you need is here within WA! :)
Thanks Kyle. Amazing you find my post out of thousands that are posted each day. I guess this did manage to generate more comments than usual.