Right… and WRONG! I have read some bloggers argue against passive internet income, saying that it is an inaccurate use of words; their argument is that EVERY financial endeavor requires some work in order to be profitable… AND, they say that to make the BIG money in monetizing a website requires lots of time, energy, and passion for your topic. Well, they are right!
BUT, that doesn’t mean there is no such thing as passive internet income… because there is. In any case, I’m not talking about making the BIG bucks… at least not right away. I am talking about subsistence-level economic self sufficiency & financial freedom… in other words, a modest passive internet income from reasonable effort.
Blogs can be set up to make money passively the same way a snack or soda machine is set up… there is no vendor onsite to make the business exchange with you. He’s gone fishing! The vending machine is all ready to give you what you want when you put your money into it… all by itself. It’s automated! It works for you while you are out doing other things. Passive online income is another way of multitasking and it works even when you are asleep. But it does require setting up and occasional maintenance and upkeep… just like all vending machines, which need to be reloaded with junk food when empty and then of course the money needs to be removed when the machine is full.
The blogsite, on the other hand, is even better than a vending machine because it never goes empty… with every post you write it keeps getting fuller not emptier, and the money goes straight into your bank account! Once the framework of your blogsite is set up and you get the feel for what passive online income is all about, it really need only require a few hours per week to make a modest income. Of course, as with any financial endeavor, the more time, energy, and passion you put into it, the more money you can expect to make… and yes you CAN make BIG BUCKS passively online if you have a mind to… but only after you understand how it all works!
How it all works is what this site is about. In my discovering and learning what a monetized blog is all about, I will share everything I have learned with you so you can apply the same techniques to your own blog. One of the guiding principles of Ecoculture Village is that it is “an experiment in cultural evolution”, and so is this blog… an experiment! I don’t claim to be a “know-it-all” expert… I’m only doing the best I can to achieve subsistence-level financial freedom & self-sufficiency for Ecoculture Village and perhaps beyond… via a monetized blogsite… a passive online income stream… a money tree! Call it what you like, the point is that in the very least your blogsite earns you some income even when you are doing other things!