The Freelancer’s Guide to Passive Income by Thursday Bram
I’m sure you noticed the affiliate link in the right sidebar to help you easily purchase this ebook. I bought my copy on Friday, and I have devoured it in the few days since then.
Bram provides a full slate of ideas to help freelancer’s build multiple income streams while never asking them to buy into the myth that earning passive income (or any income) is easy. The term passive income can be quite misleading, but it is simply an IRS term that Bram defines as income opportunities that pay you routinely for your large up-front investment of time and/or money.
She covers blogs, niche websites, books, ebooks, newsletters (both print and electronic), magazines, and more as sources of ongoing passive income streams. Each type of product includes a discussion of:
- how to get started,
- the up-front investment of time and/or money,
- the ongoing work required,
- how much of the work is writing and how much involves other skills,
- the possibilities for partnering or hiring help for the writing or the other tasks, and
- potential problems.
Bram presents a thorough look at some of the most popular passive income projects for writers that will help you make decisions about whether you want to diversify into a passive income stream and which would be right for you. She balances potential income against a realistic look at the problems and trade-offs you might encounter with each project.
When you read this ebook, you will want to have your pen and notepad handy (or your word processor window or your electronic highlighter), because you will find a lot of nuggets of info you will want to capture and some pros and cons you will need to consider when you are selecting a project to create.
On her site, Bram cautions buyers to make sure this book is right for them before they buy. It’s not for people who have had experience in creating passive income streams. Rather, it is written for people who have thought about writing and selling an ebook or newsletter, but aren’t sure what it will take or how to get started. If you are beginning to explore the possibilities of passive income projects for your freelancing business, then you should find it a good fit.
Buy your copy here.