Earning Passive Income on the Internet

Want to earn money online while you sleep? I know that I do.

My intention has been to increase my online passive earnings over the last few years. I have done this very slowly, working here and there at it because I already have a full time day job. Now some people will argue that the income is not truly passive because I am working hard to build it up.

This is a valid point but it I would still argue that the end result is mostly passive. At this point, I get a check each month for a little over $300 dollars and I only need about a half an hour a day to maintain that level of income. So no, the money is not truly passive but it is darn close.

Now what really gets me excited is that the amount of passive earnings is going up and up each month. I used to only make about $100 dollars per month from my online ventures and before that it was even less. And yet I continue to work for about a half an hour each day in order to produce that income. If I want to grow this income further I have to spend extra time but I can always revert back to a half an hour per day and still have the checks keep rolling in.

The awesome thing is that within a few short years my current earnings will jump up to a thousand or two per month and that will enough for me to quit my day job. I currently have no dependents and I'm also working 40 hours per week so having that kind of extra income would be very powerful indeed. Once I reach such a point with my passive income streams then I would likely quit my day job and focus exclusively online.

Some people would argue that this is not really passive, but it is better to work for 30 minutes at your house than to have to get up and drive in to work every day. The truly amazing part will be when my online income starts to exceed my day job income. Like I said I project that this point will be in about 3 years at the most.

So how do I make this passive income online? There are a number of different strategies but I mainly stick to building up my search engine traffic and monetizing via Google Adsense. There are other ways to do it but this has been fairly successful for me and it seems to scale quite well.

Think about this: if you can make a website like I did that is pulling in 300 dollars per month in passive income, what is to stop you from making a dozen such websites? That is the power of the internet - it is all about scale. You can use something that is already working for you online and multiply your success in to other websites. This is actually what I'm trying to do right now and thus I have some other new sites that are in the works and targeting new key terms.

So if you're interested in earning passive money on the internet then I would have you go start up a new website and start creating valuable content for it. The real challenge is of course in building links to your website and that is where the real money is at. If you can get others to link to you then you win. You will make passive income. Simple as that.