In the modern times, we also strive to look for modern ways to earn money. After all, our needs are constantly multiplying; it seems like the world is getting more and more expensive each day. It has come to a point that working a day job doesn’t cut it anymore.
I mean, sure it pays off the bills and puts enough food on the table but it’s just not the kind of pay that makes you feel fulfilled.
It doesn’t give you enough for miscellaneous expenses and that’s why you feel disheartened about working in general. You feel like you’re punishing yourself working for something that will never ever reward you with the things you want.
Check this out: https://www.cnbc.com/2017/02/09/apple-ceo-tim-cook-dont-work-for-money-you-will-never-be-happy.html.
But you see, that’s just how employment works. It is supposed to fulfill the best interests of the employer and not the other way around.
It only helps to the employed is to make ends meet. A life of employment does not promise the moon and stars – just survival.
So, what if you don’t just want to survive? What if you yearn for a life far better than what you have now?
Well, there’s only one answer to that: You have to discover passive income.
What Is Passive Income?
If you work three jobs a day, one full-time and two part-time, I think you will have more than enough for your needs and wants. Well, that is if you’re single or only have a small family to feed and care for.
While working more hours will certainly help you earn more in the long run, it’s not what you’d call “financial freedom.” You can learn more about financial freedom from the Affiliate Marketing That Works website.
When you’re financially free, you don’t just earn a lot. Instead, you earn more while working less. You get to receive more despite working the same or even fewer hours. It means having the money and the time to enjoy the money.
That, my friend, is what true financial freedom is. Now, you can’t say you’re truly free when 15 hours of your day is bound to work, right? This is where passive income options come in.
When we say passive income, it refers to the kind of work or activity that brings in money even when you’re away or not physically present on the venue where money is being made.
A very good example is Affiliate Marketing. Remember how my opening statement for this article went? Modern times require modern ways to earn money. And this here, this is just it. This is the modern way I keep mentioning.
What Is Affiliate Marketing?
Imagine this: You don’t have a business or a company. You only have your name, influence and credibility. And yet, you earn a 6 to 7-digit income annually. Maybe even eight if you’re really, really good at it.
Now, ask me how much time you should spend every day trying to come up with this amount of income. The answer is little to none – that is, if you’ve already established yourself as an Affiliate Marketer.
You see, in affiliate marketing, you partner with an established business or company and help them sell their products. This is only possible when you have good enough following online.
If you’re active on social media, enjoy creating YouTube videos for fun, or have your own website as a past time, you can become a candidate for Affiliate Marketing. By featuring a partner company’s product or service in your content, you get commissions whenever a person (or several persons) from your audience purchases from your affiliate company.
Oftentimes, affiliate marketers get their own links or service portals so that each sale would count as their own.
These commissions can range anywhere between 5 to 15% of the total sale price. And we’re not just talking about a handful of potential clients here. If you have good following online, the numbers can go up to thousands and millions.
This means that even if only 5% of your audience gets encouraged to purchase from your partner brands, it would mean a whole lot of income for you.
And for what? You get all this just for posting a picture, a video, or an article advertising the product. This is what affiliate marketing is about. This is why people go crazy over it.
The hard part is the beginning when you’re just starting to grow your influence. Fortunately, there are courses as well as marketing firms that can help you increase or improve your online presence. It may be a lot of work at the start but once you take off, it really takes off high.
