Smart Passive Income #5
First off:
Get Crush It, by Gary Vaynerchuk.
Make sure you have quality sound!
Have a business model!
12-14 hours a day of hard work may take over 2 years to pay off well no matter who you are. Work like it's your only source of income or it won't be.
Make mistakes, but take something away from each one.
Donations are for hobby bloggers only.
AVOID CPM monetization unless you're at the top of your niche and monetize it for top dollar.
Sponsorships can range around $800 a month, or to put it another way, may be double retail cost of what the sponsor wants to sell. Three month commitments are possible - ask or it won't happen!
Line up sponsors via voice mail response lines - sponsors will want to hear you, a professional podcaster, arrange deals equally well over the phone.
Get money up front offering to duplicate your successful format for a new blog, but expect to make your blog a premium one (for sale) or offer it globally free. Again, propose this or it won't happen!
To support yourself, look to run 7-15 weekly podcasts with one free podcast each given out per month.
$10 a month is ideal for getting full access to each.
Direct sale of products can be arranged with manufacturers.
Reach out to VIP lists of your clients for these premium products.
Affiliate sales: get the product, review it on YouTube, post a blog review link on your YouTube account, place an Amazon affiliate link in your blog.
Offer 1 on 1 consulting, webinars, teleseminars. Use a mailing list only to gather interested listeners who want to buy from you.
Use E-junkie.com for processing downloads.
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