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Scalable Passive Income Generation

When we discovered the wonders of passive income, most of us nine to five workers feel like we don’t have time to spend generating what we perceive as random income.

We see it as random, ie some days we don’t get any income and other days we ‘earn’ more than we thought we would. What we might also see is that it’s just a small amount of cash, nowhere near our salary, so it’s not worth bothering with and certainly not worth quitting your job.

There are a couple of things you may not have noticed here. On the internet, your income comes to you day and night and on weekends, 24 hours a day, from all over the world.

There is also the concept of scalability.

What’s so beautiful about any passive income stream is that they’re easily scalable, meaning you can add to it and repeat the process endlessly. When you’ve set one up on a particular topic, you can go and do something completely different and set up another.

Setting up the second idea is much easier than the first, since you’ve already been introduced to many of the tools and resources you’ve already used, like Google AdSense or YouTube. So he knows the mechanisms to set up his next passive income stream and is happy to use them again for his second and ongoing ideas.

The only thing left for you to do is think of some good quality content that you can offer to the world in the form of a website, blog, YouTube video, or an article in one of the many article directories.

So, for example, your first passive income stream, a dog training website, only earns you a few dollars a month. Now you can set up another website on how to write musical ballads, something that you are passionate about.

What you will realize is that as you produce more websites, videos or articles, the ones you didn’t think would work well and conversely what you think is your best website don’t work. This fickleness of the general public will drive you crazy, but it’s still nice to see little bits of cash fall into your bank account!

Eventually, the small combined portions of income from each source will start to add up.

So remember that scalability is the answer to slowly but surely increasing your passive income by giving people what they want in the form of good information and content. What that content is, is up to you!

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