The Power Of Passive Income

Businesswoman sitting in chair holding laptop with dollar bills

There’s an old saying:

“I’ve been rich and I’ve been poor… and I like rich better!”

I’m going to modify that phrase a bit today…

“I’ve made an hourly wage and I’ve made passive income… and I like passive income better!”

(In fact, I LOVE passive income because of the freedom it creates)

There is NO SUBSTITUTE for having a passive income.

Let me try to put this into words and describe for you what passive income feels like…

  • Passive income is income that comes in whether you work or not – it comes in while you’re driving, while you’re playing, while you’re at church and while you’re at lunch. It comes in while you’re sleeping and while you’re awake. It just keeps coming in, all the time!
  • Passive income is usually created by doing some hard work ONCE, and then seeing the fruits of that hard work for months and months or even years and years to come.
  • Passive income is the opposite of hourly income because with passive income, the number of hours you work (to create the same income) is miniscule!
  • Passive income is created by using one of the most powerful wealth building strategies in the world – LEVERAGE!

Here’s the amazing, powerful and almost magical thing about passive income on the Internet.

Making a passive income online is getting easier each year.

This is because the internet is making it easy to aggregate customers and traffic in one place.

Here are a few examples:

Everyone knows that Amazon and eBay are the clear leaders in ecommerce, with hundreds of millions of members. As the leaders, they are aggregators for mass amounts of traffic – traffic that it would cost you and I a fortune to try to generate on our own.

But they give us access to their traffic “for a small fee”…

Now, when you sell on Amazon and eBay, you are not creating a fully passive income, right? But let’s think about it this way…

Let’s say you buy 1,000 units of an item (wholesale) and then list that product on eBay and Amazon.

Once you list the item on those two sites, the main work is done, because now, the two sites do their part – they send you traffic to your listings and they expose your item to buyers all over the world who are looking for it.

When one of these items sells, you ship it (or if you are using FBA, you have Amazon ship it for you) and you’ve just earned some income.

Can you see how this is an “almost-passive income”?

I call it almost passive because you still have to ship the item, which adds another element of work to the example, but it’s pretty close to passive in the sense that, once you list the item, you are freed up to find more items to resell and do it all over again.

It is a way of leveraging…

Here’s an example of a simple passive income…

Have you ever bought a book in the Amazon Kindle marketplace?

Well, the author of that book earns a passive income every time someone buys their ebook.

And, given Amazon’s huge amount of traffic, this can become a substantial passive income if the book is on a popular topic.

There are people making mid-six-figure incomes by simply writing Kindle books!

So, that’s another great example of a way to create a passive income by tapping into an already existing traffic flow. (Amazon’s Kindle Marketplace)

Here’s one more example…

Discover the easy way to teach online for a passive income.

It’s a passive income I’ve been developing pretty aggressively over the last few months – Udemy.

Udemy is the world’s largest online learning platform and is an amazing source of passive income.

Udemy allows anyone to teach anyone about anything.

So, the way Udemy works is simple – you create and publish a video course on something you’re familiar with or know a lot about.

Once your course is published, you now have access to the over 6 million Udemy students who are looking for new things to learn.

As those students begin buying your course, you begin earning a passive income.

This is truly passive income, where it comes in whether you work that day or not.

It comes in while you’re sleeping (because Udemy students live all over the world) and it comes in all throughout the day, too!

It is amazing and only going to get bigger and better.

But here’s what I LOVE about passive income like Udemy income…

You can build upon past income streams!

For example, once you’ve tasted the initial few hundreds a month of passive income, you will want to create more courses / more income.

Since you already have income coming in from your previous courses, this creates a great opportunity for you to build upon that foundation and grow your income exponentially!

Every new course becomes another income stream, just like every new Kindle book becomes a new income stream.

And there are many different ways to build these passive income streams. Let me list just a few ways here:

Believe me, once you’ve experienced truly passive income, you will not want to work at other forms of income – it truly takes one of the best wealth building tools – LEVERAGE – and makes it work for you.






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Want To Teach Online? Udemy’s Top 10 Instructors Generated $17 Million

[caption id="attachment_1446" align="aligncenter" width="300"]Discover the easy way to teach online for a passive income. Discover the easy way to teach online for a passive income.[/caption]

If you’ve ever wondered if you could get paid for what you know…

If you’ve ever wondered if you could get paid for the years of experience you’ve developed in a job, sport or a hobby…

…then you’ve got to check out Udemy.

Pronounced YOU-duh-me, Udemy is the world’s largest online learning platform with more than 5 million students and 20,000 courses on just about any topic.

But the real story is in how it is changing the lives of the people who decide to teach on the site.

  • There’s the 72-year old copywriter who is making $8,000 a month.
  • The young lady who made enough from teaching professional people skills on Udemy to put a down payment on her house.
  • The 2 young men who earned $250,000 in 2 months.
  • The 25-year-old programmer who created a new in-demand programming course and earned $66,000 his first month.
  • The young man who was too sick to go to a traditional job, so he now makes $5,000 a month – mostly passive – from home.
  • And on and on, the stories go…

And then there are the countless other Udemy instructors who are earning thousands a month in (mostly) passive income, month after month!

The wonderful thing about teaching on Udemy is that, although you only have to create your online course once, (most courses are in video form and, once published, require very little maintenance, other than answering the occasional student question) it then begins making you an ongoing, passive income! (and it just keeps going, and going, and going)

And if your course is in high demand, it can be a “massive, passive income.”

While many people believe that teaching should only be reserved for those with teaching credentials or for those who have a PhD or some other quaification, Udemy has no such requirements.

If you know a topic well and can present halfway decently, you can teach on Udemy!

In fact, in my “Online Course Creation – Fast & Easy Online Course Publishing” course, I show you 5 different ways to make money with Udemy. (and teaching is only 2 of those!)

So, if you’ve ever felt a twinge of regret for not taking advantage of an opportunity, this is your chance to get in early and begin making a passive income by teaching online.

You can do it!

To help get you started, check out my new course – here’s a discounted coupon just for my blog readers!

https://www.udemy.com/udemy-course-creation-online-course-publishing/?couponCode=BlogSpecial

 






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Get My Brand-New Homebased Businessowner Newsletter – DEBUT ISSUE #1

I am proud and excited to announce the world debut of my brand-new Homebased Businessowner Monthly Newsletter!

Dave Espino's Homebased Businessowner Newsletter

I’ve worked hard to create the best, high-quality newsletter, filled with amazing content for YOU, my loyal subscribers.

Every month, I will be bringing you the best tips, strategies, articles, new, reviews, interviews and more – straight to your inbox, for free. (subscription details are inside this first newsletter)

In this debut issue, I reveal:

  • The amazing $35,000 find that this young man picked up for only $5.99 at his local Goodwill store in Phoenix.
  • The brand new ecommerce platform that is poised to give eBay and Amazon a run for their money. (they’ve already raised multi-millions)
  • This young lady made so much teaching online that she was able to earn a down payment on a house!
  • Feature Article: The months old (brand-new) social network that PAYS YOU for posting! (Ever received a check from Facebook? Yeah, me neither… But this site will send you checks!)

Get My Brand-New Homebased Businessowner Newsletter. Check it out at this link:

http://www.homebasedbusinessowner.com/dtl/HBBO1.pdf

You’re going to love this!

PS: If you’d like to subscribe to this exciting newsletter, just visit the link below and you will get my Free Report as well as begin receiving the new Newsletter!

http://www.homebasedbusinessowner.com/freereport

 

 






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This new arbitrage (Etsy Arbitrage Madness) report is genius – on at least 4 different levels…

Etsy Arbitrage Madness

I just finished reviewing a new SYSTEM inside a special report and it is AMAZING!

(I don’t want to give you the title of it yet because there are so many exciting, ground-breaking strategies covered in it, that if you ONLY knew the title, you might be tempted to pre-judge it and you’d be losing out, big-time…)

Ok, what if I told you that there was a way to:

  • Easily research and find new products that are in incredibly high-demand – products that people are literally willing to throw money at you for and are “begging for”?

AND,

  • What if these products are so new and so exciting and trending, that you would have no competition from other sellers?

And then,

  • What if I told you that, not only could you find these products easily, but that there’s even a system available for you to then find someone who could provide those products quickly and easily for you…

AND,

  • What if I told you that you could have that person fulfill the product (ship it) FOR YOU? (while you keep the profit)

AND,

  • What if this was a SYSTEM, that you could duplicate over and over again so that you build a whole portfolio of these exciting, new and highly-profitable products that bring you a passive income, over and over again…

WOW!

 

Check out Etsy Arbitrage Madness by clicking here

All I can say is, I thought I was good at coming up with “eBay Hacks”, but this takes “eBay hacking” to a whole new level!

You have several “systems” in place with this method:

  1. An incredible, genius way to discover the newest trending, highest-demand products you could imagine – products where people are literally begging you to sell to them! (this alone would be an incredible report, by itself!)
  2. A system for easily pairing up that incredible demand with a producer of that product, in essence, private labeling the product for re-sale!
  3. A way to find producers of products that don’t even exist yet, (but there’s ridiculous demand for) and be the only one offering these products to your market!
  4. A super-easy way to sell these items yourself, OR on eBay or on Amazon! (your choice)
  5. A system for doing all this and then not even having to do any shipping yourself!

Now, I’ve been doing something similar to this in my eBay business for over 14 years now – I call it my “exclusive drop shipping arrangement”, but man, that’s NOTHING compared to this very complete and amazing strategy…

You’ve got to check this out and please, for your sake, take it really seriously. (There are so many ways you can use each of the strategies here – with Amazon, eBay, Etsy, you name it. So, don’t just read the report – take some time to really let the strategies sink in and how you can apply them to your different online distribution points)

Because, having actually read and reviewed this product just now, I can truly give this one my highest recommendations for products I’ve reviewed!

I was so excited when I read this report that I was left wishing that I had come up with these strategies – they are GENIUS!

Check out Etsy Arbitrage Madness by clicking here

 

 






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Amazon FBA Newbie Does $274,000 In Her First Year – Here’s How…

TrendingAzonProfits

How would you like to be an Amazon FBA NEWBIE and end up making $274,000 in your first year?

Pretty amazing, right? Well this single mom, (Elon Bomani) actually did it! And in her brand-new ebook, she shows you how.

(She even talks about how her kids help her out)

Trending Azon Profits (by Elon Bomani) is a great 73-page report (and access to a private Facebook Group) that shows you how to find products that are on the upswing in terms of popularity and demand and then how to use Amazon FBA to quickly / easily sell these trending items and profit – sometimes massively – by selling a lot of them in a short period of time. (due to their rising popularity)

When you focus on these “trending” products, you get a major competitive advantage because you get to enjoy:

  • Very high sell-through rates
  • At higher profits
  • and can often even sell at prices higher than retail, in many cases.

In other words, you’re not taking a “gamble” and risking your money like a lot of FBA sellers do when they do “retail arbitrage”.

But I was also impressed by the Elon’s tips on how to find these trending products as well as showing a real-life example of a trending product that she’s made tons of money with!

And, Elon also provides access to her private Facebook group, which is a great resource for helping you with this exciting strategy.

This is a solid, 73-page guide that will help ANYONE (newbie or not) make a great income using Amazon FBA.

I like the creativity of this ebook because it helps push the profit boundaries of FBA to a whole new level!

You can learn more about Trending Azon Profits by clicking here

 

 






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How Do You Turn Trash Into Cash Using Amazon FBA? Let Amanda Show You How…

Cash4Trash

I just finished reading Amanda Craven’s latest eBook and course, titled: “How To Turn Your Unwanted Trash Into Amazon Cash!” and once again, I am impressed!

This is an excellent course that shows you how to get started with Amazon’s amazing FBA (Fulfillment By Amazon) program.

Amazon has made selling online SUPER SIMPLE by handling all your picking, packing and shipping for you!

This is a groundbreaking program which takes away all the “excuses” for not being successful online – all you have to do is get good at sourcing products and Amanda’s new course shows you exactly how to do it.

She actually points you to resources that show you where the goodies are and how you can check your profit margins before you buy, to ensure that you are making money, every time.

Again, if you are already an Amazon FBA veteran, this might be too basic for you (although I believe everyone can benefit from the interesting product sourcing strategies) but if you’ve NEVER sold on Amazon using FBA, this is the perfect guide to get you started on the right track. (Some of this info sells for several hundred dollars, at least, on other websites)

Check it out right here:

https://www.warriorplus.com/o2/a/xc5bm/0

 

 

 

 

 






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Amazon & eBay Product Sourcing Master Class

Amazon & eBay Product Sourcing Master Class

33 Proven Strategies For Sourcing High-Profit Products For Your

Amazon FBA & eBay Business

If you are an Amazon FBA / eBay seller, then you know that there is one HUGE KEY to having all the success you want.

 

It’s called Sourcing Products.

 

If you can get good at sourcing higher-profit products, then it’s like having the “keys to the kingdom” in the ecommerce world, right?

 

And on the opposite side of the coin, if you DON’T get good at product sourcing, then you will just continue to struggle. (until you DO get good at it)

 

In fact, in today’s world, the ability to source high-profit products is the MAIN THING that sets you apart from anyone else who is doing this business.

 

When you source high-profit products, you can now:

  • Enjoy higher profits

  • Enjoy faster profits

  • Enjoy big returns

  • Enjoy faster sell-through / turnover

  • Enjoy more freedom of time

  • Enjoy fewer returns

  • And have less worries and stress

Let me make a bold statement here…

 

I’ve been sourcing products all my life… I began when I was 7 years old!

 

When I was 7, my parents started selling at local flea markets in Southern California and one of my special rewards for helping them set up shop was that I would go out and hunt for collectible Hot Wheels cars!

 

(Little did I know that, many years later, I would be buying and selling tens of thousands of these collectibles in a modern-day version of a flea market known as eBay, and that it would become my full-time business!)

 

Over the years, I developed some very exciting strategies for negotiating and for finding amazing deals at flea markets – deals I turned into profits of up to 900%.

 

You may be aware of my eBay infomercial? (it ran on major cable networks such as CNBC, Fox Business, Discovery, Travel and History Channels and it was seen by millions of Americans)

 

Well, what a lot of people don’t know is that, throughout that 11-year marketing campaign for my eBay Training Product, I was constantly studying, testing and proving out the BEST product-sourcing strategies.

 

You see, I wanted to be sure that I had the latest and best, updated and improved eBay training with the latest, greatest product-sourcing strategies!

 

I have since created many courses about product sourcing so I decided to put ALL of my product-sourcing knowledge and experience into one HUGE “Master Class” so you can have ALL of my top product-sourcing strategies crammed into one amazing training!

 

You’ll discover, and see, with REAL-WORLD EXAMPLES:

  • How to source products in new, innovative ways

  • How to get products for FREE that you can resell for profits

  • How to use innovative dropshipping strategies so you never ship

  • How to do eBay / Amazon arbitrage (again, no shipping!)

  • How to do Amazon / eBay arbitrage

  • How to source products online so you never have to touch your products

  • How to set up exclusive product-sourcing arrangements so you have NO COMPETITION

  • How to copy my system which “attracts” high-profit products TO YOU

  • How to use little-known, automated tools that actually FIND THE DEALS FOR YOU

  • How to access new products from little-known “offline” auction sources

  • How to “hack” your way into new, exciting product sources that let you dropship!

  • How to find suppliers of HIGH PROFIT PRODUCTS that no one else knows about and who would LOVE to give you great deals that you can make money on!

And much, much more!

In short, you get my “Legacy Training Course” – something that everyone in the Amazon / eBay community can use IMMEDIATELY to make hundreds of thousands in sales!

 

You see, when you know how to source high-profit products, you have the keys to the kingdom and you can pretty much name your income level!

 

And, especially with Amazon FBA, it’s all about “reinvesting your profits” over and over again (and in larger amounts) so as to build a “critical mass” of high profits and high income.

This Master Class will show you multiple, high-profit ways to accomplish that through high-level product sourcing, so that you get to your goals MUCH FASTER!

You’re invited!

 

I’d like to invite you to join me on this special “Amazon & eBay Product Sourcing Master Class”.

 

The Master Class consists of 3 webinars that were recorded live as I presented them over a 3 week series.

 

Each webinar was a little over an hour, so you are getting 4 hours of the best, most rock-solid product-sourcing training that you could get ANYWHERE!

 

To order my Amazon & eBay Product Sourcing Master Class, just click the “Add To Cart” button below.

 

Amazon & eBay Product Sourcing Master Class

Only $97

AddToCart

And, when you order today, you will also get my course:

 

“How To Get Amazing Deals At Flea Markets” as a FREE BONUS. ($47 value)

 

UdemyFleaMarketCourse

(Free Course Coupon Will Be Emailed To You Soon After You Order)

See you on the webinar!

Dave Espino

SuccessStories






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Wholesale Gold – How To Rake In Amazon Profits On Autopilot [REVIEW]

Wholesale Gold Review

One of the most common questions I get from my eBay / Amazon students is this:

“Dave, can you point me to some good wholesalers / dropshippers so I can start my business?”

But there’s a whole ‘nother level available to you! You can now AUTOMATE the process of sourcing and sending your inventory to Amazon FBA.

About 2 weeks ago, I introduced you to Amanda Craven, who wrote “Amazon Gold – The Lazy Way To Amazon Profits”. (See my review of Amazon Gold here) That’s a great product that has my highest recommendation (many of you ordered it and loved it) because it shows you how to access products online for Amazon FBA.

Well, imagine my surprise when I found out that Amanda has just released a brand-new product, filled with insider tips on how to get inventory from wholesalers and automate the whole process!

(It’s only been two weeks since her last product!)

And, this is not just the standard stuff that you can find online, this is insider information by someone who is doing it! (and is the perfect complement to “Amazon Gold”)

In this groundbreaking 73-page report, (perfect for eBay OR Amazon sellers) you’ll get these great tips and strategies:

 

  • How you can grow your eBay / Amazon business with wholesale products
  • How to set your business up so that wholesalers will take you seriously
  • How to access the best wholesalers in the U.S. and U.K.
  • How to contact the wholesalers (what to say)
  • The 4 critical things you must ask any wholesaler before you do business with them
  • How to screen wholesalers so you don’t get scammed
  • How to use retail arbitrage to find winners that you can then buy wholesale
  • An interesting strategy for finding wholesalers (Page 54)
  • How to create bundles with popular items for slam-dunk, home-run winners
  • Developing product lines rather than just selling one-off products
  • How to AUTOMATE the entire process so that your WHOLESALERS prepare and ship their items to Amazon FOR YOU!
  • Access to Amanda’s Secret Supplier’s Vault, containing some of her top wholesale sources
  • How to get your VA (virtual assistant) set up to run the entire business for you
  • How to fully automate your Amazon FBA so that you NEVER EVEN TOUCH THE INVENTORY!

 

Once again, this is cutting-edge information about automating your business that I recommend – Amanda’s latest ebook really does have the solid info you need to access wholesalers and automate your eBay and Amazon business!

In fact, because it’s so good, I’d like to sweeten the deal for you…

If you order “Wholesale Gold – How To Rake In Amazon Profits On Autopilot” through THIS LINK, I am also going to add in my own FREE BONUS

You will get FREE ACCESS to my Udemy.com course titled: “eBay vs. Amazon”, which has received rave reviews!

So, go ahead and order here, and you will get my “eBay vs. Amazon” course for free. (the link will be included in the same place where you access your “Wholesale Gold” product)

Wholesale Gold comes with a 30-day money back guarantee, so you have nothing to lose and a whole lot to gain!

 






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31 Dirty Little Traffic Secrets – Matt Bacak / Ross Goldberg [REVIEW]

31 Dirty Little Traffic Tips

Recently, I discovered an exciting new product (video / audio + report) that is titled: “31 Dirty Little Tricks To Get Free And Cheap Traffic Online”.

Basically, this product consists of legendary marketer Matt Bacak interviewing a “behind the scenes” “Ninja” marketer, Ross Goldberg (formerly of Stompernet, the legendary SEO and traffic think tank) and getting some of the most amazing traffic generation techniques down on video / audio / transcripts.

Once I ordered it and started reading the transcript, I just could not put it down! (The traffic generation strategies in it are that good)

There were so many creative and effective traffic strategies in this thing that I was taking notes and creating an action plan to move forward and get all the traffic I could get!

These are extremely creative strategies that most of us “normal folks” would never even think of – they are truly Ninja, Jedi, Master tricks and tips!

And, just as important as knowing “What to do”, is knowing “How to do it”.

This is what makes this product so special. Ross covers details which include strategy, negotiation and more.

And of course, Matt asks him some “good questions” to dig this stuff out of him!

So, here’s a list of some of the strategies, just to show you how intriguing they are: (I can’t give the full names of some of these away, sorry)

1. ______ _______ Arbitrage

2. ______ YouTube _________

4. Promote a ____

5. Buy _____ ads

7. 50 ____ ____ Ads

9. Retargeting strategy

10. ______ Audience

11. FB ______ Strategy

12. The Twitters ______

13. _____ _____ Blogs

14. Social ____ ____ Attitude

16. ________ Arbitrage

17. The Hangout _____

18. How To Make _______ Rank Insanely Well

21. Slide ______ Secrets

24. False ________

25. Traffic Exchanges in _______

26. The Secret To Getting Traffic From Any Website.

27. Launch ____

28. Out ______ Swiping

30. _______ Sharing Tricks

31. ________ Marketing On Steriods

 

This is truly “Insider” traffic strategy, tips and tricks.

There are actually TWO “Dirty” tricks that I would recommend you NOT use. (They are clearly identified within the training as “Dirty Tricks”) I would call them grey / black hat traffic strategies and I personally will not use them, but it is at least very interesting to see how some people are getting traffic) but 97% of these are powerful, ethical and solid traffic strategies that you can use immediately to build traffic to your site.

In fact, you could give your favorite strategies to an outsourcer to do for you (so you can focus on your business) and start driving tons of fresh, new traffic to your site!

I strongly recommend “31 Dirty Little Tricks To Get Free And Cheap Traffic Online” for anyone who wants to drive new traffic to their website, squeeze page, Udemy course or any other web property you may need traffic to.

Product Details:

  • 31 Dirty Little Tricks PDF (39-page interview transcript)
  • 31 Dirty Little Tricks Checklist
  • 31 Dirty Little Tricks Video (2:15 hrs)
  • 31 Dirty Little Tricks Audio

Who Is This Product Perfect For?

Anyone who wants to get FREE and CHEAP traffic to their Websites, Udemy courses, YouTube videos, Facebook Fanpages – pretty much any online property! If you need traffic, and lots of it, then this is the product for you.

To check this product out, visit: “31 Dirty Little Tricks To Get Free And Cheap Traffic Online”

 






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