You've probably heard them all. You know,
"make $1,000 while you sleep without doing a lick of work" BS pitches. Well, let me tell you, it doesn't happen that way.If you want to make money online you must work! There's no way around it. But, there *are* ways to make money with *very little* work. It *is* possible to make a passive income, and a very good one at that.
I'm not talking about "get rich quick" schemes or
current trend, "money doubler" programs. (By
way,
US Federal Trade Commission considers money doublers a form of illegal gambling.) No, what I mean is earning money while doing
work one time, or with very little maintenance on your part.
If you sell memberships to something, for instance, you'll earn a passive income from
recurring commissions of those you sign up. Anything that gets paid to you on a regular basis, such as web hosting services, is a passive income.
It's "passive" because you sold
service or membership once, but you'll continue to get paid as long as
member or customer keeps
service. This kind of income is also "residual," meaning it keeps recurring.
But there are other types of passive income, too. Using programs like Google AdWords and Google AdSense, for example, will bring you a passive income. How?
By displaying Google AdSense ads on your website, you'll earn money every time your visitors click on an ad. And by creating ads for your products with Google AdWords, you'll put your advertising on autopilot. People who visit your website or sales page may become a customer or subscriber to your mailing list.
While both of these can bring you a good passive income, they do have some minor drawbacks.
Google AdSense (https://www.google.com/adsense) ads pay you every time someone clicks an ad, but you may get only a few pennies per click. That means it'll take a long time to add up to
$100 minimum payout for you to collect your money.