You’ve been hearing a lot of buzz about the benefits of adding passive a passive income stream to your biz, and there’s no question you want in!
( Toes in the sand while my business runs on auto-pilot!? Sign me up!)
Still, there seem to be a lotttt of steps needed to get the passive income ball rolling, and if you’re being honest, not knowing where to start has kept you from starting at all.
Want to know the surest step you can take towards your passive income goals?
Before we dive into the why’s, let’s get one other super obvious question out of the way, and that is which platform you should use for your specific business.
When choosing which platform to create and host your content on, you want to try to strike the balance between what is going to be easiest for you to actually commit to and achieve, and which format makes the most sense for your topic or audience.
Deathly afraid of public speaking? You may want to forego a podcast.
Growth and development are important, but when it comes to consistently creating content, you are going to want as few reasons to quit as possible. You might prefer blogging, where you have time to gather your thoughts and rewrite those sentences as many times as needed.
There are instances where your audience or topic may be what rules out certain platforms, making your choice a little easier.
Say you are a meditation coach – in this case, a blog may not be the most effective way to share your expertise. Your audience is going to be more likely to reach for a platform that uses audio or video as its main format.
Are you a gamer who gets paid to review video games? Having a perfectly curated Insta grid probablyyy isn’t going to be a priority when YouTube would be so much easier for sharing your reviews in a meaningful and engaging way.
In the end, the platform you choose is not as important as just showing up consistently.
If you plan to sell anything, be it an online course, membership, digital download, template, whatever…you are first going to need someone to sell to.
Consistent content creation is the quickest way to build up a following of people who are legitimately interested in learning more about your area of expertise.
Have more than one area of expertise? Great! But you may want to consider niching things down.
If you post or blog about everything under the sun, you’re not really going to attract any one type of person, so narrowing down your idea for which type passive income product they might be interested in is going to be pretty challenging.
When you consistently create content around one topic, you don’t have to wonder what the people who landed on your site came in search of.
You know the questions they are likely to be asking, and can give genuinely useful answers to them, which is super helpful both for planning future content, and for deciding which content will live inside your future paid offerings.
Then, fast forward to the launch of your first course, group-coaching program, membership, etc…
Which leads rather nicely into my next reason for getting serious about content creation!
You may feel like you are giving it all away for free, but the hand-holding you provide now will keep those same action takers coming back again and again, making you the obvious choice for future queries.
Some of them may use your content to DIY their thing start to finish, and that’s totally cool.
But they’ve seen the way you hold nothing back, and when and if they are ready to level up, they aren’t going to think twice about grabbing your paid passive product if they think it will allow them to skip weeks, months, and even years of expensive trial and error.
Sticking to a schedule for your content lets people know they can trust you to keep showing up for them and that they don’t have to go it alone. They will trust you have their well-being (and not just your bank account) in mind when you do share the good news about your latest offering!
Or worse…they won’t find you at all.
There are a million reasons why someone might have landed on your site, channel, or profile. All you know is that once they are there, you want to do everything in your power to keep them there for as long as possible…
One of the ways Google and other search engines or social media platforms determine the usefulness and relevance of your site or profile for certain keyword searches is by paying attention to what visitors do once they get there.
If a bride-to-be discovers your site or profile in their search for a “Seattle Wedding Photographer,” the last thing you want them to do is quickly scan your portfolio, see if you have your prices listed, and then return to their search.
Having weeks and weeks of compelling content for them to peruse through and maybe help them prepare for their wedding is going to make them want to stick around and get to know you for more than just your prices.
A little birdie told you in this post, that the easiest way to build up your email list is to offer something worth signing up for. So now that you’ve created your free gift, where will you display it?
Your own content is the most relevant and organic place to be dropping hints about opting in to your email list through the use of freebie opt-in gifts.
Even if it means giving you access to their inbox!
The more useful content you have, the more opportunities you have for plugging freebies that relate to that content, so you can begin to build your email list.
Got a launch coming up? In the days and weeks leading up to any launch, you’re going to want to show up with as much free, helpful resources surrounding that specific topic as possible.
Thanks to consistent content creation that you’ve already been doing, you don’t need to lose any sleep over what you will post!
Rather than spending hours trying to reinvent the wheel with new content leading up to your big launch, you can take a few minutes here and there to update past content, pop in new and exciting freebies, and add any new insights you’ve learned along the way.
Starting now will mean you are ready to roll when you do finally land on your passive income idea.
Or maybe you just need a break to avoid burnout?
Repurposing past content is a whole lot faster and easier than trying to batch out weeks or months of new content to keep your audience engaged while you go off and recharge.
Pumping out endless content may seem a tad one-sided, and like you couldn’t possibly connect with that many people the way that you do with your 1:1 offerings.
But if you inject your own personality and story into every bit of content you put out into the world, your audience will feel they can truly relate to you as a human (and not just some robot spewing out facts about your topic).
I recently did a reader survey, where I asked what was keeping people from adding passive income to their business, and here’s one of the most honest responses I received:
I hear you, and I couldn’t agree more.
You do not want to be the sleazy, 6-figure snake oil seller, showing up out of the blue in people’s Facebook Ads (when the truth is you have yet to start a successful business.)
Instead, you want to be the person who showed up every single week and was super generous in sharing their helpful facts and how-tos, as well as letting them in on your wins, losses, and lessons learned along the way.
You want to make it as easy as possible for people searching for information on your topic to find you, and creating consistent content around your topic is the surest way to let Google know that you are highly relevant to that person’s search.
Once Google decides you are useful, you are suddenly going to rank muchhhh higher in search results (think: Google page 1)!
Meanwhile, your competition, who may have a hella impressive paid offering, but who is not creating consistent content on the topic, will be no where to be found. ♀️
Pro-tip: resist the urge to stuff your content to the brim with every last keyword even remotely related to your topic.
You definitely want to make use of those popular search terms, but Google has caught on to keyword stuffers, and is cracking down on content written for search engine robots.
Focus on making your content genuinely useful and writing it for actual humans, using keywords only as they would naturally appear in a sentence. Do this consistently, those coveted SEO brownie points are sure to follow!