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Now that youve chosen your niche, find a way to start sharing your message, whether its a site or podcast or Youtube channel, or anything platform makes the most sense for your target market. Flynn claims this is where youll begin to build a fan base and gather subscriber emails.

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Wired cofounder Kevin Kelly wrote an article about 1,000 Authentic Fans, which basically says that Â states Flynn. .

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Utilize your base to build your audience, and when youre starting out, take advantage of the fact that you dont have a big following to provide more personalized help to your first fans. The men and women who are starting out thats their advantage, says Flynn. They have the opportunity to speak directly with those people few coming their way to find out what their issues are and provide them the unique treatment that larger brands might not be able to perform. .

Some websites Flynn recommends for learning more areÂ Fizzle.co, InternetBusinessMastery,Â SocialTriggers.com, andÂ MichaelHyatt.com.

You cant begin charging directly off the bat without your audience knowing anything about the value you provide (though you might nevertheless indirectly earn money from them using the right ads). The best way to go in terms of a long-term passive income business is delivering value and information for free, and therefore establishing expertise, knowledge and trust with your audience, says Flynn. .

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Once your audience has grown and you have validation that youre offering them worth, there are many ways to make passive income. You can sell electronic products like ebooks or courses, take up affiliate marketing in which you promote other companys products and earn a commission when you sell that thing to your audience, build a community and charge people to be a part of it, create software and sell this, among other avenues.

Flynn has created many different products. While his LEED test is exactly what got him started, he has both earned a commission from selling other peoples products and offered a commission to other people who would sell his merchandise, and also recently created his first applications, SmartPodcastPlayer.com, after realizing that most online podcast players provided only the basic stop/start/volume features.

We offered 250 beta licenses in less than 24 hoursbecause I had been addressing a need but I had built up an audience and hope together go to the website When you construct that amount of confidence with your audience, whatever you come out with, they will love. .

If youre concerned about launching a new solution, and think you may need some feedback to ensure it is really good, Flynn recommends pre-selling an idea for instance, offering a limited number of places or chairs into, say, a class you produce and giving the test group specialized attention so that you can see how to improve the content.

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Once you begin to see some success, dont be led astray by the money. While Flynn does utilize affiliate marketing to make money, he only ever recommends products he has personally used and likes. He is inundated by offers to earn $50 per sale through commission on products he's never even attempted.

I only use products Ive used before, because that trust you've got with your audience is the most important thing in the world. He says in the event that you do recommend a product for the incredible commission but important source your audience has a bad experience with it, your credibility will be shot. .

The moment that you start to do things for money, the moment that you begin to lie in your revenue marketing copy, the moment that you begin to put dishonesty in your work is that the moment you need to reconsider why youre doing that function in the first place, says Flynn.

In order not to cling to that, Flynn says its important to know your motivation. Passive income is important to me not just for the financial security but I can spend time with my loved ones, '' he states. Ive been able to work from home and witness all my children firsts.