Passive Income Ideas – Yes, You Can Quit Your Job

Passive income is the holy grail of internet marketers. You can be at the beach, sleeping, in a fancy restaurant or just sitting in front of the TV, and the money can automatically go into your bank account! It’s fantastic!

It means you don’t have to be working the hours to get paid.

Wikipedia defines it this way: “Passive income is income received on a regular basis, with little effort required to maintain it.”

You can finally stop trading your time for money. There is a saying in the dental industry “No drill, no bill!!”.

Basically, the dentist needs to keep producing HOURS to make DOLLARS. Now, the hourly wage for dentists may be a little better than Joe’s average, but rest assured, he is just a very well paid HOURLY worker. When he goes on vacation he DOES NOT CHARGE!

Think about it. That is really significant. Passive income allows you to escape that.

So what kinds of things can you do to create streams of passive income?

Well, some of the obvious ones that are often talked about in the internet marketing world are:

• Creating sites to monetize with AdSense
• Check Sites for Affiliate Income
• Creating Clickbank Capture Pages
• and so…

However, one of my favorites is creating Kindle eBooks.

When it comes to traffic, Amazon is a incredible font.

If you combine that with the massive growth of e-readers, you have almost the perfect market.

Getting your book to the Kindle is a doddle. Amazon’s DTP (Digital Text Platform) makes the whole process a breeze.

And then once you have your book, you can sit back and watch the money roll in.

Then just rinse and repeat and in no time you can be sitting in a river of passive income.