My Passive Income Update! I Never Dreamed Of These Results.

byMartyE

222 followers

6 years ago

I used to dread receiving emails. The thought of answering a client who gets confused between a text field and a submit button generally makes me hate life. True story.

I used to wake up in fear that my clients are going to give me sh!t because they lack the basic understandings of how to use a friggin computer. I used to think "maybe it's me, I'm super techy so I think everything tech is easy". I used to spend days, weeks, months trying to simplify backends of my websites so my clients generally had to click 1 button to make something happen. It never worked. No matter how simple I made something for my clients they never seemed to grasp it.

I got to the point where I changed my whole business infrastructure to an all in one online management solution where I just do it all. Even that was not enough. I quickly learned that it's impossible for me to do it all. I'll explain why soon: keep reading.

Before I continue, I would love to know if you have ever experienced never-ending issues with your clients? Mind sharing a story and confirming it's not always the seller?

One day I was introduced to a new client. Little did I know he was going to change my life. I'm going to call this client X.

Before I got introduced to X, I was told he could not read or write. I thought "one of my typical clients... Wonderful." When I met him, X was in his early fifties and looked a bit like a tramp.

X was a really nice guy but sadly his daughter died a few months before seeing me.

We spoke and he was telling me about what he does etc... This guy has a business and a side business. The side business generates around £2000 per week and was growing. His core business considerably more.

As I was showing him things on my screen he stopped me and said, "I don't understand what you're showing me - I cannot read or write". I thought the introducer was taking the piss but he was being deadly serious.

I'm a very curious person and I asked him politely how he gets on in everyday life not being able to read or write.

He laughed. Made a joke and then pulled his phone out. He pressed the siri button on his iphone and asked it a question.

That's how he does it. That's how he gets through life.

I know this is a bit of a selfish comment I'm making but I was insulted. Obviously, I did not show it but truth be told. I hated this person.

My mind was racing with "I've gone to a top school in England, I've got a bit of a privileged background, day and night I spend further educating my self in marketing and traffic generation and yet here I am, still unable to make any money."

Fast forwarding to later that night - I went into the bath and just stared at the ceiling whilst self-pitying myself.

Note: I just want to say that I'm not a bad person, I swear. I felt angry at myself, I felt frustrated and worthless.

Have you ever felt like that? Trying new ventures and failing all the time.

As I was staring at that ceiling I was thinking about this guy and how he has managed to do what he's done under the circumstances he's under.

Have you clicked yet what it is? Leave a comment below with what you think Im going to say.

X could not read or write. X has just gone through a major tragedy. X is smashing life in terms of financial!

Why is X doing so much better under harder circumstances than I am? By a landslide.

BANG.

X is doing better because he's not thinking about me, bill, John, Smith or anyone else. He's only thinking about him and what he can do to do better in the situation he's in.

Mindset.

It's always about mindset. This is what clicked whilst I was self piting.
My resentment towards X instantly changed to inspiration.

Thank you X. Without you, I don't think I could have done the next things without you.

For those of you who have not read my first passive income blog - I'd read it first so you can truly get an understanding of the progress I've made. The link can be found here: https://my.wealthyaffiliate.com/martye/blog/finally-earning-...

In the last blog post I stated I created a membership business model and within no time at all got it generating around £600per year in passive income spending only 1 hour per day.

I was originally charging £0.99 per month for membership. Again, .99p per month is not a lot of money but if you have 100 memberships each at .99p than you start seeing the impact.

I quickly realised I found a formula that was working. I found a formula that is unsaturated and quickly realised that if members are willing to pay .99p - why wouldn't they spend £3.95pm instead?

Well, I raised the price to £3.95pm and added a upsell called the VIP subscription for £6.95 and probably 1 minute more of extra work if someone subscribes to VIP.

I started pushing it and guess what... Made no difference. In fact, it actually gave the subscription extra value.

All of a sudden it was not so important for me to get loads and loads of subscribers because 1 new subscriber to the £3.95pm package was worth basically 4 subscribers on the old package.

My first blog about this was posted on the 6th July 2018 showing around £600 of yearly passive income.

21 days later this is how much passive income my group is generating yearly.

Some of you may be thinking "is that all... what an anti-climax" but my first order was on the 25th May 2018 - 2 months, 2 days ago.

So, in 2 months and 2 days I've increased my income by £1200 per year passively. I also have the opportunity to offer these subscribers other services.

If things continue like this every month - in 10 months time I will have the group earning passively £6000 per year.

That's £6000 extra coming in where I don't need to talk to clients. Where I don't need to deal with non-stop crap.

When I was explaining this to my fiancé the other night (she's a teacher), I said to her that as a teacher in England, they have a wage increase of £2000 per year as long as they meet targets etc... With this membership, if it continues - in 2 months time it would have met what you're trying to achieve for the whole year.

Why am I writing about this and being so open with how much it's making?
Like I explained in the first part of this blog - I'm not very happy with where I am in life but with a little bit of mindset, motivation, and belief in yourself no matter what you think about your self - things are possible and the passive life income is possible as well.

I'm a strong believer that there is more than enough money and opportunity in this world for everyone - you just need to look, see, and grab it when you can. If someone like me can generate a passive income, you can as well.

I mentioned in my last blog post that I was going to create a course on this. I think I want to create a really in-depth course with scripts and tools etc... How much do you think a course like that is worth? What would you pay for something like this?

Im talking about developing the site, providing images, scripts, tracking tools and customer service training.

Leave a comment below and let me know your thoughts:)
Oh! If you enjoyed reading this please make sure to follow me :) I'll be posting more content like this over time. The more I generate via passive income the more blogs I will be creating.

Thanks for reading & I wish you success.
Marty