I have had several conversations lately about passive income. This is my favorite type of income and accounts for over half of my monthly online earnings. Am I making a million, nope, but I can say this. The Internet is my full time job and it is paying the bills. A matter of fact, the passive income pays my standard living costs. Which I have been real happy with. Except when I have to wait til the end of the month to get paid, lol.
So, what do I mean by passive. I mean income derived by means during the month that I do very little or no work for. For me this is typically from sites I have built and do not have to maintain on a regular basis.
The key to creating a site that will earn passive income is to remember what both search engines and real people want. They do not want blogs written about topics that the author is not an authority on. I always think of it this way. When I had cancer in 1992, if I could have searched the Internet and found information that looked great but was not written by a real authority such as a researcher or physcian, how much trust would or should I have with it?
What does work for passive income is inventory for sale. And there are lots of places to get inventory, Amazon and Ebay are probably the top 2. The downside to a site of eBay or Amazon items is there is no original content. Right? All it takes is a paragraph of good original content to solve that problem. I have designed several different sites to do this with, from WordPress sites with one good page of content to a custom site that builds the content dynamically. Personally I have had more success with the dynamic sites since the data changes which helps keep the search engine crawlers coming back.
If you can find streams of data that can help create a dynamic site, and add just a little original content, you have a winner. Both search engines and people will be happy as you are supplying something that is real and useful.
This is one of my favorite questions people ask. The answer is pretty much infinite.
WordPress can be used in so many ways. Whether you need a standard blog platform or an easy way to do an old fashioned website, WordPress can deliver. Between the wealth of WordPress Themes, Plugins and Widgets available you can mix and match the tools to quickly create a website or blog. It is also a great way to Park a domain while you are developing the site, you can setup a home page, with enough information to get indexed in the search engines so that when the site goes live it is already indexed for the main topic.
And to clarify, I am talking about self hosted WordPress, not hosting on WordPress.com. Using WordPress.com to host a blog is certainly an easy way to get started. Personally I just can not see giving away an opportunity to build your own site and credibility in the search engines and social networks. Yes, that means there is a cost, but the cost is so low these days, if you are gonna step out and create something, make it yours.
Here a few links to tutorials and information on How To Use WordPress.
WordPress Tutorial – How to Install and Manage WordPress http://bit.ly/6qPO58 – Source http://www.siteground.com
Getting Started with WordPress « WordPress Codex http://bit.ly/5EZhRR – Source http://codex.wordpress.org
How to use WordPress as a Truly Customized CMS http://bit.ly/81U26Y – Source http://www.idesignstudios.com
Convert Static HTML Site to WordPress Easily http://bit.ly/8RKj34 – Source http://www.cybercoded.net
I have found it extremely beneficial to use a text browser to dissect a web page. Google recommends this approach on their Webmaster Help site under Webmaster Guidelines.
Try the Lynx text browser, and remember it is not about viewing pleasure, it is about testing a page. Although I remember the days where this is how we saw information, argghhh…..
TIP : One very helpful way to use Lynx is to put it on a thumb drive. It will run directly from there and you can take it with you to help your clients, friends and family with their sites.
VORD Web Design has a very nice Lynx download page to help get you started with Lynx, just follow the simple instructions and start seeing your pages in a whole new (old) light.
Don’t think about what to write.
Write about what you think.
I just ran the my first set of WordPress 2.5 upgrades.
The first upgrade was to a very small blog with only 2 plugins, the second was to a larger blog that had several plugins installed. Both upgrades went smooth as silk.
The WordPress 2.5 dashboard and layout are totally different from anything WordPress has released before and it will take some getting used to. I did use the upgrade automatically option on a couple of the plugins and everything worked as expected.
One new feature I really like is the Tag management. As an example I had a tag that should have had a word capitalized that was not. I was able to modify the tag display with a couple clicks and then verify that it was corrected in my tag cloud.
So far WordPress 2.5 looks great and I will follow up with more data as I upgrade the rest of my blogs.