The next type of passive income model is selling your own...
Online Course
These can be courses on literally anything.
Whether you have an interest in jiu- jitsu and want to start a course on how to learn jiu-jitsu from home.
Or you are an expert in how to make fires in the woods using water.
Or maybe you want to teach people about medicinal mushrooms like my wife does.
Whatever the case is, if you know just a bit more than the average person, you can create a course on it.
You Do NOT need to be a subject matter "Expert" on the topic.
You only need to know more than the other person who is listning.
(Go read those last two lines again)
This is a great way to make money online and is how I made most of my online business money. Yes...even more than my membership.
Once you have created your course, you can create an entire funnel using something like Clickfunnels and sell that course over and over online, quite literally forever.
This is such a great and easy way to make money online.
BUT....all of these ways that we have spoken about takes work to market and advertise. You can't create a course or membership site, do affiliate marketing, or whatever and not work to market whatever it is you are doing.
My rule is, market and advertise whatever it is you are selling 80% of the time, and only 20% of the time in creation.
I have literally sold courses I have not even made yet.
YES! You heard that correctly. I have made money selling courses, that I hadn't even planned out fully yet, let alone created.
And you can do that too. Now...let me say this..
I am NOT a fan of the annual "Product Launch" type of courses. This is where something like once per year, you "allow" entry into your course. You can make a lot of money doing this, don't get me wrong.
But it is limited to a certain period of time. Which means, the rest of the year, you are not making anymore money.
THAT is a JOB.
That is not what I am looking for.
I want something that can be sold, while I am sleeping.