Making Passive Income

Unlocking the Potential of Passive Income.

Passive income allows earning money without being physically present at work. It is a type of income that is earned without active involvement in a business or trade. It is generated from assets such as rental properties, stocks, bonds, and other investments or creating digital products. There are also online options like affiliate sales.

• The benefits of passive income include lifted income limits, more free time for hobbies and family, the ability to pursue personal passions, more free time and sometimes a lack of company politics for those who just had enough of it.

  • Passive income can offer financial stability, less stress and more freedom to choose how to spend your time. It can fund big financial goals like retirement or smaller ones, like debt repayment.
  • To generate passive income, you must be willing to put in effort and time initially. Making passive income can be done in a variety of ways. I’m going to tell you about one specific way of doing it. The Affiliate Way. Affiliate sales are passive income generated when someone purchases after clicking a link or using a referral code that you can publish on a website, social media, video, email or podcast. That brings us to Affiliate Marketing.

Demystifying Affiliate Marketing: A Gateway to Passive Earnings

  • What is affiliate marketing and how does it work –
  • The thing is, affiliate marketing at its core is straightforward. There are a few terms that you will want to become familiar with.
  • Affiliate (YOU). You are the affiliate, so you can join companies like Etsy, eBay, Walmart, and Amazon (and 10,000 others) and promote their products and services. When you join these companies’ Affiliate Programs, they will give you a specific “Affiliate link” that is exclusive to you and allows you to track all of the sales you generate.
  • Affiliate Program (a company like Amazon). Most companies have an affiliate program, 99% of all of the brands in the world in fact can be promoted online and you, as an affiliate, can earn a commission. Amazon is one of the biggest affiliate programs in the world and will allow you to promote 100’s of MILLIONS of products, with a single account. Pretty awesome right?
  • Earning Affiliate Commissions. Affiliate programs will give you a kickback if you can send people to their website, and they end up buying something. Say you send someone to Amazon through your affiliate link, and they end up buying a fridge, Amazon will pay you a % of the total sale. Amazon offers around 3-6% commissions, so a transaction like this may yield you $50-100 (depending on the price of the fridge). Depending on the company and affiliate program, they will typically pay between 2% and 75% in commissions.
  • Unlimited Potential. As an affiliate marketer, your potential has no limit. The more people you can get buying through your affiliate links, the more money you make. Many affiliate marketers make several million dollars per year, and this can be a reality for anyone willing to put forth the effort to build an affiliate marketing business.
  • But HOW do you build an affiliate marketing business? Firstly, choose the right Platform.

The importance of choosing the right platform for affiliate marketing

  • Choose a platform that guides you, educates you, supports you and walks with you all the way. That’s why I’m going to introduce you to Wealthy Affiliate and suggest that you put them to the test. Follow this link to success on your road to passive income:

https://www.wealthyaffiliate.com?a_aid=1b64ad8e

The best ways to increase your income

There is an Afrikaans song, written and sung by Lukas Maree where he sings that he could do with a million and that he is tired of the struggle of his day-to-day existence and wondering about the money if he wants to go somewhere, not to mention the cars that don’t want to start and the deep freeze that stopped working…

If you can resonate with this, isn’t it time to do something about it? You can change this reality into a new reality! There are so many possibilities online. You can do some online research if you like but there’s no need to reinvent the wheel. Learn and empower yourself through other people who have already walked the path. Learn from them.

There is a Japanese proverb that says: “Ask the person who has returned from a journey”.

Wealthy Affiliate is a Platform who are already returning from the journey. So, I’m going to save you the trouble of searching and introduce you to them. They are one of the best platforms to help you open up a new world of insight, knowledge and up-to-date technology. They will show you the best ways to increase your income.

Head here.

https://www.wealthyaffiliate.com?a_aid=1b64ad8e

Financial Freedom. The journey.

My Journey to Financial Freedom

  • I am Chris, and this is my journey towards financial freedom.
  • Description of my business – I started with a local advertising paper in 1991 and ended up with a new business, Wealth Online – that has been operational since 2023.
  • With the economic crash of 2008 I’ve lost about two pages of regular adverts. That was quite a financial knock. I couldn’t get the estate agents back and would later learn that they migrated to the digital world.
  • At this point I realized, it’s no longer the economy, but rather the technology that hampers the business. That was why I decided to take my business digital with a website and social media presence.
  • The decision to go on digital as well as Social Media platforms, led to weeks and months of research, experimentation and establishment of a digital footprint for my local advertising business. Since then I have been constantly learning more about doing business online.
  • Then came Covid-19 and I lost another bunch of advertisers. So much so I had to stop publishing on the printed platform and only publish on my website and Social media platforms.
  • This led to my exploration into the online business world and the steps I had to take towards financial freedom.

Joining the Digital World: The Shift to Online

  • The want to become financially free and my urge to help other businesses and for that matter, any person who also wants to gain financial independence and ultimately financial freedom, leads me to start my new online business called Wealth Online.
  • My website is financialfreedomareality.com, and focuses on helping people to gain knowledge, insight and education on how to become Financially Free via the route of doing Online Business.

Beyond Business: A Peek into My Personal Life

  • I am a keen rugby enthusiast who rarely misses a game when my teams are playing.
  • Christian values are the guideline for my life and God’s new world, his kingdom my pursuit.
  • How I practice my religion is also how I conduct my business in the marketplace of life
  • What I’ve learned from my experiences in life, is to never stop empowering myself. Stay up to date with the latest developments, trends and technology. Be always a step ahead.

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