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.

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The other fact about online income diversification is that most people who are preaching and teaching how to make money online have other income streams that are not visible to their user base. This is not a derogatory statement, just a fact. Remember the old saying “I taught him everything he knows, I just did not teach him everything I know”, and why should they?

Don’t expect all income streams to be equal, each system just needs to be available and working. Remember,  not all systems work for all people. This is just simple logic, we are not all the same and do not have the same skill sets and personalities. 

My recommendation to anyone trying to make money online is to get something started and then begin looking for other avenues. And as you test other options do not pile all income streams on the same site!

The first 4 obvious choices most people see are:

• Google Adsense
• Amazon
• eBay
• Yahoo Publisher Network

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To let everyone get a sampling of this Premium Content Garry posted his first article on his site yesterday and it is certainly worth the read, and I would highly recommend signing up for the full subscription to this service. The best place to start is with his latest post Top Quality Blogging Tips on PDF

And you can tell right off the bat that Garry is writing from his personal experience and knowledge, just look at the title “Blog Tips During Softball Practice“. As usual Garry never stops, he delivers great quality tips while sitting at his daughters Softball practice. Most of use have trouble concentrating with the office door closed and this guy is knocking out great tips while sitting at a softball field.

One of the keys to Garry’s success is his honesty. Garry will tell you the truth and back it up. And if he ever makes a mistake, or just changes his mind, he will not hesitate to let you know. And in this day and age, there is no better quality you can ask for from a Blogger. And Garry, you are a Premium blogger!

I am sure once you have read Garry’s article you will want to Digg It !!

Thanks Garry, and as always I look forward to your next post.

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After spending the last 20 years online in one form or another I can honestly say that there has never been another time that allowed us to make money so easy as there is right now on the Internet. Now having said that, I must also say that it is not as easy as some have come to believe.

I am not going to go through all the ways you can make money online, there are a thousand blogs out there that will do that for you. If you want a real condensed list I would recommend this Shoemoney video.

What I wanted to do today is tell you one thing. Keep an open mind.

Just because someone said this way or that way was good or bad is not enough reason to make your mind up on a system. And be willing to give things a second try. Something that did not fit you 2 years ago may now be a perfect match. As your time online increases and your knowledge evolves so do some of the systems you have experimented with in the past.

If you are really interested in online income, do not take things at face value and give them just 10 minutes of your time. There are no instant fixes. Yes, there are people who have had instant success, but most of those are cases that can not be duplicated due to a lot of factors. The word WORK should not be just another 4 letter word. But try to find the type of work that fits you, your style and your schedule.

Keep an open mind, every now and then go back and revisit things that you have looked at in the past.

You never know, that perfect online income source may be something you have overlooked or even tried before!

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The Good….

• You can change colors schemes and settings in your Adsense control panel and the changes will be reflected on your site live. No need to copy and past new code.
• There is an Import old Adsense Code function to convert your existing code.
• If an ad does not result in any pageviews in 7 days it will be marked as Inactive.

The Bad…

• There is a new variable called “google_ad_slot”, just not sure we need another tracking device. And it is not clear if you can cross these over domains, or you need to make a new ad for each Domain.
• It will be a lot of work to convert old pages to the new Adsense code.

The Ugly..

• The system is extremely slow when converting. Each new ad takes 10-15 minutes to show up on a page.

Read the official release at the Inside Adsense Blog.

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I have gone through waves when it comes to buying Domain Names. At times I have gotten on a binge and purchased several at a time. But the best practice I have found is to have a plan. Each month I take $10 to $50 of my online income and reinvest it in Domain Names. I also try to launch 1 new site each month with one of these names. I no longer worry about Domain Names I have purchased but not activated. The worst case scenario is I wasted $10 over a year.

If I purchase 24 domain names in a year at $10 each I have only invested $240. So all I need to double my money is to earn $460 over a year on just one of them.

Do you have a plan?

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This new Make Money Online page uses a real simple algorithm. It list blog post that have Make Money Online in the title and excludes any listing that is a comment or from Digg.

Click here for the new Make Money Online page.

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A few days ago I starting getting some strange results. I noticed at the same time that I was having indexing problems on my XP box and decided to wait and see if it cleared up with a reboot. I rebooted and tried a couple of other things with no luck. I fired off an email to their support to see what type of response I would get, and I must say I was pleasantly surprised. Within a short amount of time I received and email that there was a patch to solve any problems. All I had to do was run the update and it would be fixed, and that is exactly what happened.

Thanks to the team at Micro Niche Finder. Great product, great support and quick response time. Not sure there is much more you could ask from a software developer!

Product Link : Micro Niche Finder

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With a little success I have had in the last year I was able to drop the part time job, and I am so happy about that. I would much rather be on the computer than working for someone else part time.

The problem I run into is that looking at the list, you would think they all go hand in hand, but his is not always the case and I struggle to find the balance in these three items and I would break them down like this.

• I want to blog more, and better.
• I program almost naturally.
• I need to make more money.

Although they seem to be 3 pieces to the same puzzle a lot of time they are not. The key has been to realize that the 3rd item, Making Money, is a result of the first 2 and not an action item.

Typically I sit down to blog, and before I know it I am programming. This is the trend I need to break. One thing that has helped recently is helping others. I have done a little programming and editing for other bloggers, and although you would think that caused more problems, but, it is actually the opposite.

When I help someone else, especially someone who is a good blogger (such as Garry Conn) I see where their focus is, and that motivates me to focus on the blogging, and only program on the essentials.

So here is to my focus, to post more, help more and let the chips fall where they may!

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One additional tip I would throw in there is where to get good content for your target audience. Quit looking at the other bloggers, and look around your family and friends. I have several people that are writing for me on blogs covering topics such as Celebrities, Television, DVDs, Music and Politics.

One of these writers does not even know the blog address of the blog she is writing for, and she could care less. She writes very nice posts, emails them to me and we split the income 50/50. Very simple process that is getting excellent results.

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