I've been self-employed most of my life. My background is in Entertainment (magician) and Event Marketing. The "covid thingy" negatively affected events, so I've pivoted to earning passive, recurring and scalable income via the Affiliate Model.
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What is the simplest way to create multiple streams of income online?
In my opinion, the Affiliate Model is the simplest that I have found so far. (NOTE: It's simple, but it does require some effort and activity. The effort and activities can be doing what you are passionate about. Profit from your passions.)
What makes the "affiliate model" simple?
With the Affiliate Model, there are no products to create, no product storage or warehousing, no payment processing, no customer service hassles, no processing of returns. As an affiliate, you are simply the middle man between a prospect and a product. The manufacturer does most of the work.
What are the best products to promote as an affiliate?
There are a plethora of products being sold using the affiliate model. However, the best products or services to promote (in my opinion) are those that have recurring commissions. These products would be software subscriptions, business tools, memberships or ongoing education programs.
How much does it cost to be an affiliate?
It is my opinion that there shouldn't be a cost to "becoming an affiliate" of a product of service. There might be a cost (investment) for training to learn how to be a marketer, or to get access to online tools etc., but there should not be a fee to become an affiliate. Becoming an affiliate is an option. Be skeptical of the hyped-up claims to make millions with "high-ticket" products. These "hyped-up" programs are usually focused on big money claims and recruiting more people. The hyped-up programs are often borderline illegal Ponzi schemes and are short-lived.
Slow and steady wins the race.
Success doesn't happen overnight.
The Wealthy Affiliate program is affordable.
(Free, Premium and Premium+ Plus.)
Call me with questions. (I'm a WA member.)