hey guys this is pat flynn from the
smart passive income blog today i'm
going to show you exactly how to create
a passive income business model that
works for you and not the other way
around
secondly i'm going to show you how to
create multiple passive income streams
have a tip for you beginners out there
who you know maybe you don't have a
product and you have adsense on your
website
i have one tip that will quadruple your
Adsense income so make sure you stay
tuned to the end for that alright so
first I'm going to show you exactly what
a passive income business model looks
like and obviously it starts with a
customer with a need or you know
potential customer now they're going to
make their way over to our website which
provides information about whatever
they're looking for now maybe we'll have
an e-book or something electronic on
that website that you know provides
really really good information about
what they're looking for so they might
be interested in buying it right so when
they go from there
they have to fill out their billing
information you know they're ready to
put to make a purchase with us so you
know they fill out their credit card
information PayPal whatever it is
whatever form of payment they want to
use and when they click ok this is when
the magic happens when they click ok
this tells a third party payment
processor website to do everything for
us I'm show you how that works right now
so when they click ok and the payment
clears the payment processor you know
the third party website automatically
delivers that product to the customer
instantly and they're happy right so
it's very important that we set this
business up properly in order for it to
work this way now the trick is the
payment processor actually holds the
e-book for us you know we upload it to
their website so that whenever our bill
information you know behind-the-scenes
it tells the payment processor after a
successful payment to automatically
deliver via email that's supposed to be
an envelope
but it automatically delivers the
product via email to the customer now
where are we
we're over here we already set up the
website you know we set this up we spent
you know many hours setting us up
correctly but now it's on autopilot now
the only part of the equation that we're
involved in is right here money in our
pocket so this can be happening 24 hours
a day seven days a week 365 days a year
and while that's happening you know
we're not involved in this anymore
you know hopefully we've set it up in a
way they automatically get customers
hopefully our websites already done you
know of course we're going to set that
up at the beginning billing information
you know we don't need to deal with that
pain and processor that's all done by a
third party website we're not involved
in this process the only part that we're
involved in is accepting cash so while
this is happening all the time for us
we're getting more and more money coming
into our bank account and that makes us
super happy so after you set this up the
first time do you think would be really
easy to set up another one yeah of
course you know maybe you can even copy
paste the whole thing and just do it in
a different niche or do it with
different products so create one boom
you have another one easily create
multiple passive income streams like
that and while that's happening you're
sitting here doing nothing because you
set that up right from this first one
after you set it up it's on autopilot
you can create another one and then
another one and then another one and
then another one and then income will
come to you from each of these passive
income streams and that makes you very
happy
all right so I want to finish up today
by giving you my number one Adsense tip
now I know a lot of you I don't have
your own products out there and you're
running Adsense on your website which is
great you know I love Adsense it's what
I started using to make money online on
my website but my number one Adsense tip
is actually to not use Adsense again my
number one Adsense tip is to not use
Adsense now that might sound weird but
I'm going to show you exactly what I
mean so the way Adsense works is
advertisers will pay Google and Google
will put an ad on your website right
this is your website here right they'll
put an ad here so what happens is when a
customer comes in or someone who visits
your website clicks on that ad they will
be taken to the advertisers website you
know which was their goal and Google
will give you a little bit of money
right so who is getting the money here
you know you're getting the money
Google's getting the money so the
advertisers might have to pay a little
bit more you're getting less than you
should be earning so exactly what you
should do is figure out figure out who
this ad advertiser is and you can see on
your website look on your website see
who's advertising on your website and
contact that advertiser directly you
know yeah maybe you're scared of doing
business online and contacting people
directly but hey if you want to make
real money online you're gonna have to
do things that you might be
uncomfortable with that first you know
that's how it was for me so what you can
do is find out who that advertiser is
just by looking you know don't click on
that ad because you know you're not
supposed to do that you know you can see
that you can see the URL on the bottom
of the ads usually so find out who they
are go over there and contact them
directly and make a deal with them you
know money is going to go directly to
you instead of through Google and then
you and you'll just get a little bit
it so that's my number one Adsense tip
figure out who your advertisers are
who's showing up on your website contact
them directly and cut them and cut a
deal with them you know you're going to
get more money they're going to be happy
because there probably has been less
money at the same time and also they
won't have to worry about other websites
or competitors showing up in that same
ad space you know if you can prove to
them that you have the numbers the
traffic the click clicks and everything
like that that'll work out for you so
that's my number one Adsense tip so
thank you again guys for listening to me
today I hope you learned a little bit
about passive income if you could do me
one really quick favor I would
appreciate it so much if you could
please leave a comment below about what
your favorite part of this presentation
was you know what struck a chord with
you what really got you going or
motivated you with this presentation I
would really appreciate it you know and
if this presentation sucked for you or
if you didn't learn anything you know
let me know that too I put a lot of time
and dedication into this presentation
here so I'd really appreciate if you
could spend 10 seconds just leave a
comment for me alright and if you really
like this video and you want more you
know just please subscribe and I'm going
to be putting out a lot more videos
lately this is I think my fourth video
in a week so that just shows you that
you know I'm really excited about
providing some good information for you
about creating passive income for
yourself and making it so that you can
work less and make more and enjoy life
so please subscribe I really appreciate
it again thank you guys so much for
spending time with me today have a good
one take care good bye
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