The promise of ‘Passive Income’ has been used by many internet marketers to lure millions of opportunity seekers online to part with their hard earned money but few have ever delivered on that promise. Let me share my thoughts with you and you can decide if it makes any sense at all.

So…

WHAT IS ‘PASSIVE INCOME’ ?

For most people, there are fundamentally 2 types of income:

Earned Income – where you trade time for money – which is flat linear income, and if you stop working, so does the income.
Passive Income – where you do not trade time for money – you do the work once and you get paid over and over again.

BUT…

There is a 3rd type of income which I call ‘Progressive Passive Income‘ – this is leveraged income and it is what I am passionate about.

Let’s not waste any time on ‘Earned Income‘ – we all know what it is and there’s really no prospect of ever living ‘The Freedom Lifestyle‘ with it; not unless you’re willing to work hard and save for at least 40 years! If that’s you, leave now because you’ve got work to do!

So…

How does one create ‘Passive Income’ ?

Firstly, although many types of income are referred to as passive income, in reality, most are not really 100% passive, with most being semi-passive at best.

Examples of semi-passive income include income derived from blogging, affiliate marketing, online investments, online lending, etc. They are not totally hands-off and you’ll still need to be continually and directly involved in some capacity if the income level is to be maintained.

On the other hand, real passive income is where you continually derive a steady regular income with literally no involvement from you, except for an initial effort to get it all kick-started.

So, if you had a choice, what income would you prefer?

Real passive income, right? Of course it would be!

For every type of passive income, there are 2 important aspects that need to be considered:

How much will it cost to get to that level of passive income?
How long will it take before that level of passive income can be achieved?

These are critical questions because a lot of people who want to or need to make money online are usually already facing financial cash flow problems and have little to no spare cash for anything else in their lives except for survival.

They certainly cannot afford to have to work hard on something for another 9 – 12 months before they can generate a meaningful level of income. They want to be able to get started with a minimal outlay and be able to start generating income within days, not weeks or months.

Unfortunately, most types of passive income cannot deliver as needed and we’ll scrutinize some of them mentioned above to ascertain the reasons.

Let’s start with…

Blogging

Yes, without a doubt you can make money from a blog – a lot of people are doing it. However, the number of bloggers that have actually achieved sufficient passive income to live ‘The Freedom Lifestyle’ are probably quite low. Blogging income takes time and effort! And with blogging, you must love writing. If you can’t write or hate writing then blogging is out.

If you plan on starting a blog to make money online…

you will need to learn how to setup a blog (probably using WordPress)
you will need to register a suitable domain name
you will need to identify a popular and profitable niche to blog about
you will need to be passionate about the subject and have useful information to share with your readers
you will need to be disciplined and committed to publishing new posts on a regular basis
you will need to have a way to capture leads to build an email list
you will need to consistently drive targeted traffic to your blog
and last but not least, you will need to find a way to monetize eg. create and sell an eBook or course, or earn affiliate commissions by reviewing and recommending affiliated products, or earn from display ads served on your blog

So, be honest and ask yourself – how many of those things in the list above can you do right now?

Yes, you can spend time watching and learning from thousands of free YouTube videos by so-called “blogging gurus”, or you can pay someone to help you. But, do you have any budget available to get professional help?

We’re not talking about a few dollars here. To achieve all the above, there are professional blogging courses that cost $2,000 or more! Yep…shocking! How that is going to help someone who is already strapped for cash I’ll never understand – it’s a cruel world!

And even after attending those courses, which do not even guarantee that you will ever achieve the level of income you were hoping to achieve, you are still expected to work hard for months before you are anywhere near earning a basic $1,000 a month. Sounds like a really tough gig if you ask me.

Don’t get me wrong – if you do everything right and got lucky, you could in essence achieve anything between $5,000 to as much as $150,000 or more each month from your blog. But do you feel that lucky? Most people don’t and it is therefore hardly surprising that many bloggers give up after a few weeks with little to show for their efforts.

Next up…

Affiliate Marketing

I am sure you have come across countless YouTube videos with titles such as “How I made $28,076 a month with Affiliate Marketing” or “How I made $10,000 in my 1st month with Affiliate Marketing” and all the presenter shows you is the same re-hashed bullshit you have seen a hundred times before.

There are no deep dark secrets to success. With affiliate marketing, you just need to follow this proven strategy:

you need a website or a blog that publishes relevant content in a specific niche
you need to become an affiliate for a few products in your niche
you need to write reviews about these products and insert your affiliate links within these reviews
you need to drive targeted traffic to your website or blog and when your visitors click on your affiliate links to make a purchase you earn affiliate commissions
you need to have a lead capture mechanism on your website or blog to build an email list
you need to regularly email your list to nurture and build a good relationship with your subscribers
you need to continuously look for new products or services to review and occasionally promote them to your email subscribers and when they make a purchase you get paid

Again, how many of those things above can you do right now?

How many free YouTube videos have you watched and yet remain confused about how affiliate marketing really works? How many of those income claims on YouTube do you really trust?

The truth is, Yes! Affiliate Marketing does work and you can make a lot of money from it but the path to success is far from easy and certainly not free.

Almost ALL successful affiliate marketers have a size-able budget to throw at advertising on Google, Facebook, Instagram, Pinterest, or some other advertising network to drive targeted traffic to their offer pages.

They have worked out that, based on a specific keyword that cost them say $1 a click, if they get 20 clicks they can get one sale where they can earn maybe $50 per sale. So for every $20 spent they can $50 back – a profit of $30 – not bad at all!

Hence, professional internet marketers often invest $1,500 or more into a campaign because they know what they can get back for their investment. Most people starting out do not have such budgets and if you think you can just start small with say $25 – $50 to give it a go, you should, instead, buy some fireworks where you will at least get some real bang for your money, as it is highly unlikely you will see any returns from online advertising. In Fact, if you do not have at least $500 – $1,000, it will just be a complete waste of money.

Listen…

I really am not trying to make you feel depressed or put you off blogging or affiliate marketing. I just want you to appreciate that blogging and affiliate marketing both require money and continuous effort even after you have built a respectable monthly income and if you let your guard down, the income will plummet and you’ll have to do it all over again. That’s NOT the kind of passive income I am interested in.

Next up…

eBook Membership Websites

Over the years I have tried creating passive income that can be self-sustaining. One idea I had was to sell premium content via a membership website whereby I do do the work once and earn forever. As always, I still had to drive targeted traffic and build an email list and it worked quite well. There was, however, a major problem.

When I started, I simply published my eBooks in downloadable PDF format, and that was a huge mistake, and many eBook publishers are still making this mistake today.

PDF files offer absolutely no security and your intellectual property rights are not protected at all. You spend thousands of hours researching the topic to write that eBook and then offer it as PDF download. You spend time and money to promote your newly published eBook. You start generating brisk sales but after a while you suddenly notice a sharp drop in sales. What happened?

Casual piracy, that’s what!

Often, customers innocently and illegally share PDF files they purchased without thinking how it affects the author. When I first published my first eBook in the PDF format, sales reached about $10,000 in the first couple of weeks and then dropped sharply and I immediately knew the cause of that sudden drop.

It was too late to change the publication format and it was a lesson learnt. After that, I switched to the 3D page-flipping format where my intellectual property rights are better protected and I have never looked back since. I still have eBooks I wrote over a decade ago that are still generating income for me today!

eBook Membership websites can help you create passive income but the income is, from my experience, quite unpredictable. It is also not really 100% hands-off – more like 90% hands-off but close enough. However, it is quite difficult to generate a steady $5,000 – $15,000 a month that is required to live ‘The Freedom Lifestyle’ and it is definitely not something that can be achieved in a short space of time.

Finally…

Progressive Passive Income

Being an I.T expert has its advantages! I was frustrated and disappointed with what’s out on the internet and how difficult it was for ordinary people to start making money online, especially those that do not have much money to begin with.

After much contemplation, I decided to put all my years of I.T experience to good use, and I subsequently built an online platform that can deliver what I had been searching for – which is, a ‘Progressive Passive Income’

You might be skeptical or you might be intrigued and excited about the term ‘Progressive Passive Income’ and I will explain everything to you. Just keep an open mind and you will see the logic behind what I am about to share with you.

So…

What constitutes a ‘Progressive Passive Income’ opportunity ?

For me personally, a ‘Progressive Passive Income’ opportunity must fundamentally exhibit the following characteristics:

has a low-entry barrier so that anyone can afford to get started
requires only an initial effort to kick-start the business process
the business model must include processes that can easily be duplicated by anyone
participants must be able to quickly recoup the original amount spent to get started
participants must be able to easily promote the opportunity
the platform must have a lead capture and automated email marketing system built in
the platform must have an easy and automated network building process to create leverage
the business model must quickly start generating a progressive passive income for participants
the platform must offer resources to allow participants to generate additional streams of income outside the platform

Nice right?

That was exactly what I wanted, and I also knew that millions online would also love to have access to such a platform, but it did not exist!

If you want an easy way to generate passive income, you know you cannot achieve it on your own in a short space of time and with little to no effort, agree?

You need to LEVERAGE on the efforts of others to achieve something quickly and effortlessly – that’s what rich people do all the time. There’s no shame in it. It’s smart business!

So…

I spent weeks researching, brainstorming ideas, experimenting with compensation plans and technological platforms and finally had a plan in place. I had to burn the midnight oil for a good 7 months, but I finally completed building the platform I wanted, and it is called HIPA.Life

But…

How does HIPA.Life deliver a ‘Progressive Passive Income’ ?

Instead of regularly investing tens of thousands into advertising campaigns to drive traffic to HIPA.Life, I decided instead, since its inception, to reward Active Members of HIPA.Life who successfully refer others to take up the ‘HIPA.Life Membership Subscription‘ package.

It’s a win – win scenario, and one that is much cheaper than continually paying for costly online ads to drive traffic.

Active Members’ rewards are based on ‘The H.I.P System‘ – a simple but powerful compensation plan which I designed and implemented, and that’s how HIPA.Life delivers a ‘Progressive Passive Income’ to those who actively promotes HIPA.Life.

Fundamentally, it works like this:

You purchase the ‘HIPA.Life Membership Subscription’ at a cost of US$150 / year to access the Digital Vault for 365-days
Your primary objective is to successfully refer 3 others to do the same as you
The 1st successful referral earns you the Instant Bonus of US$20 and that referral is then passed-up to your upline
The 2nd successful referral also earns you the Instant Bonus of US$20 and this referral is also passed-up to your upline
The 3rd successful referral also earns you the Instant Bonus of US$20 but remains and becomes the 1st under your network
You will also earn the additional Equalizer Bonus of US$90 applicable to the 1st referral that remains under you
And with just 3 successful referrals, you have now earned: US$20 + US$20 + US$20 + US$90 = US$150 which is what you had to pay to get started

So, successfully refer 3 others and you got your money back and your membership is free!

Great right?

But there’s more….

The 3 referrals will be duplicating what you just did – refer 3 others – and when they do, their memberships are also free!

Let’s forget about the 1st 2 referrals who have been passed-up and are no longer your concern.

The 3rd referral (who is in fact the 1st referral under your network) will refer 3 and will pass the first 2 referrals to you because you are his/her upline. Your network has now grown to 3. The 2 passed-up to you will do the same – refer 3 and pass their first 2 up to you because you are their upline, and with that you gained another 4 pass-ups, growing your network size to 7.

The 4 new pass-ups will add another 8 and the 8 will add another 16 and so on. It’s a geometric progression! Your network is being built automatically through the simple process of duplication where each Active Member refers 3 and pass the first 2 up to their upline. There is no limit placed on the size of your network.

So what’s the big deal here?

Well, each pass-up to your network earns you the Daily Bonus of US$0.25 / day for 365 days.

So when your 3rd referral – i.e. the 1st one under your network – passed 2 up to you, your daily income started off at US$0.50 a day.

When those 2 passed 4 up to you, that increased your daily income by another US$1, taking it to US$1.50 a day.

Now imagine….

Your network has grown to say 1,023 and your daily income is now US$255.50 / day. That equates to approximately US$7,600 a month or over US$91,000 a year! That’s pretty decent! And with no limits on the size of your network, there’s also no limit on how much your daily income can grow to.

Take note that you didn’t do anything else after referring the initial 3 – the system did all the work for you – so it’s completely ‘passive income’.

And thanks to ‘The H.I.P System’, your passive income kept growing progressively with additional pass-ups – that’s what leverage is all about and that is precisely how HIPA.Life delivers a ‘Progressive Passive Income’ to those who help promote it.

While that’s happening in the background, you have full access to all the content in the Digital Vault and with all the resources available, you can focus on learning and creating new and additional streams of income without having to worry about cash flow or chasing after more prospects to join you, like in so many other opportunities out there.

I created this platform to be simple and affordable for anyone who wants to start creating a passive income and honestly, I don’t think you will find anything else as simple and affordable out there. If you do, let me know! Seriously, let me know.

Now then…

Does the whole concept sound logical to you?
Does it sound like something you can do?
Do you know 3 people who would be interested?

I have no doubt that you can do this and for less than US$0.50 a day (US$150 a year), you can get started!

And as mentioned above, once you’re in, you have full access to all the content you need that will help you create additional income streams outside of HIPA.Life. And while you are learning to do that, you have a completely hands-off progressive passive income being built for you!

Is that awesome or what?

So, are you going to grab this by the horns and take action right now or are you going to continue sitting on the fence watching others achieve a progressive passive income and living ‘The Freedom Lifestyle’ ? The choice is yours and the future is in your hands – nobody else’s!

There are other additional benefits that I will not go into here, but you can get the full scoop by clicking the button below.

Summary

Article Name

What is Passive Income and How to Create It?

Description

Discover the easiest and most affordable way to create a progressive passive income that will enable you to live 'The Freedom Lifestyle'.

Author

Dr Bill Lim

Publisher Name

DrBill.online

Publisher Logo

DRBILL.ONLINE

WHAT IS ‘PASSIVE INCOME’ ?

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