Passive Income - Google Trends Rank Us!
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Here’s how we explained it:
“Whilst the coaches at The Money Gym (www.themoneygym.com) are huge believers in the importance of educating ourselves about the various ways of creating wealth, they are equally aware that nothing beats learning by doing. So, they’ve decided to encourage people to just get down and do it with The Money Gym Passive Income Challenge.
Nowadays, we are always hearing about the big bucks that can be made on the internet, millions of dollars/pounds in one day sometimes, and the concept of making money while you sleep is an exciting one — if true. Wouldn’t it be fantastic to sit at home in our pajamas eating left-over Easter eggs, watching Jeremy Kyle on the telly and stopping only briefly to see how many more sales have pinged into our Paypal account?
Just one ebook sale per day @ £20, from one one-page website, would make an extra £7300 a year — enough for a new car or a couple of nice holidays. Two or three ebooks doing the same would make £21,900 — nearly a full time wage. The beauty of the Internet is that you do the work once, and the money keeps coming.
But the reality is that many people end up making a tenner here, twenty quid there, but never get much further.
In contrast, Nicola Cairncross, founder of the Money Gym, has built a six-figure business marketed entirely online and once made £14,000 in one weekend from one mailout. She knows exactly why people run out of steam in the quest for passive income — in her experience would-be internet entrepreneurs often aren’t prepared to focus attention in one place, on one thing, for long enough to make it work.
Nicola suggests focusing on just one thing - one information product, one niche or one passionate interest - and take consistent regular actions that include:
- Creating a web presence — a sales page, a brochure site, a blog. All of them preferably.
- Capturing visitors’ details, encouraging them to subscribe to ezines (online newsletters).
- Turning visitors into raving fans by providing regular, maybe even daily, valuable content.
- Having a system to automate the selling of our product.
- Replicating the process.
As Nicola says, “like creating wealth, making money online is simple but it’s not easy, you have to get off your “assets”, learn new skills and take some action”.
To encourage — or even bully their Money Gym members to success, Nicola and business partner Judith Morgan have decided to set up an Internet Challenge. It’s a three-month personal challenge for anyone who has day-dreamed about creating passive income, or perhaps started but fizzled out along the way.
Anyone can join them for what will be a three-month personal challenge by visiting http://www.TheMoneyGymClub.com and joining the club at Silver Level.
Already people are getting excited about their goals, swapping resources and information…with Nicola on hand to keep everyone focused. And The Money Gym are further incentivising their new Silver members and supporting them in the Challenge by giving them free lifetime access to Nicola’s 12-Step Internet Marketing Home Study Course - which retails for £1450 - and membership of a private email support group. This will provide encouragement, resources and a kick up the backside!
The Money Gym has helped hundreds of people along the road to financial independence (and created millionaires along the way) via their 1:2:1 Money Gym Gold wealth coaching programme. It is a powerful, practical down to earth programme that teaches participants a solid and proven way of creating wealth, with a choice of ways to suit your personality. These could be a choice of, or a combination of high risk, high return investment, solid bricks and mortar, or building a business that you can sell or use to set you up for life”.
So 60 days in, how are the participants getting on? I thought I would ask them to update you here on the blog - which apart from inspiring you all, will give their projects a useful link from a blog now ranking 3/10 on Google Page Rank.
So guys, who is going to be first to step up to the comments box?
