Is Passive Income Possible with SEO?
Passive income with SEO on website
Who doesn’t want passive income? It is in fact, one of the greatest reasons why many people want to implement an SEO strategy from the seo agency. For many years now, digital professionals have been selling the big idea that it is possible to generate income by executing effective SEO techniques.
But, is it really possible? Well, it depends on your monetization model. We wouldn’t discuss that for now, though. In this upcoming list, we will discuss those business models that would NOT generate any passive income.
Non-Passive Business Models
1. Service Business
First in this list are service-based companies. It’s really difficult to earn passive income from service-based businesses. Whether you are providing plumbing jobs or SEO services, you will still need human capital to accomplish tasks. You can establish your own systems, though you would still need to run the company, and manage team members.
Lastly, service-based companies need to sell, as well deliver customer service. These components make it very challenging for this kind of business to be passive.
2. Personal Brands
Businesses that revolve around a certain personal brand is not passive. Creating and maintaining a persona brand can’t earn a passive income. You are the engine that runs the business forward.
A piece of advice? Establishing your own brand is very valuable, since it can lead to several promising opportunities. Nevertheless, it doesn’t mean that the rest of your businesses must revolve around this. Launch other businesses that are not dependent on that personal brand. Explore more, and scatter your investments.
What passive income model should you use, then? What is the best passive income choice?
The best business model you can utilize to earn passive income? Learn more about SEO, and then build niche websites. Monetize them through ads, affiliate orders, information products and collaborations.
Ad-driven and affiliate business are the most passive businesses because by running them, you can take away the most complicated aspect of business which is selling. It’s true, you are pre-selling affiliate orders. However, that is still a lot easier compared to writing copies, building out sales funnels and creating sales videos.
Chasing Passive Income Doesn’t Make Sense
Don’t ever stop creating new revenue sources. Always work on something, to grow new fast-earning avenues.
Even if you already have an existing passive income source, you need to continuously challenge yourself in order to grow.
Earning income is awesome, but growing a business is way more awesome. Learn to love the process. Once you achieve this type of income, you will never satisfied. You will always want more. Successful people loves more action, and is always willing to take on plenty of risks.