Welcome to Build Passive Income Online.
I am Geno Studnicki, founder and creator of BPIO. I created this site to help people like yourself create a financially independent lifestyle based around earning passive income online. If you’ve ever desired to start an online business involving a blog, but are unsure of where to start, how it works or what to do, then this site is for you.
Let’s get started.
Why Build Passive Income Online?
I’m sure you’ve seen online or heard about the Internet entrepreneurs that seem to have it all.
You know them because they’re always flaunting the “Good Life” — somehow always having fun while seemingly never to having to work…
While this lifestyle may seem too good to be true to many, the fact of the matter is that it is possible to live this way — however it is the result of a lot of hard work upfront.
“If you don’t find a way to make money while you sleep, you will work until you die.”
– Warren Buffett
Whether you’ve realized it for yourself already or not, no matter what you do in life you’re going to have to put forth work and effort into something in order to survive.
So here’s my question to you:
Would you rather put work and effort into building your own dreams or someone else’s?
For me, this question is a no-brainer, and this is where learning to build passive income comes into play.
If you’re anything like me then I want to help you. If you’re going to put work and effort into something, why not make it something of your own, and something that will eventually pay you back in the future?
Here at BPIO I will provide you with the resources, tools, and guidance you need to help you build a stream of passive income online.
The main purpose of building a passive income stream is to create a lifestyle where you no longer need to trade your precious time for money.
So What Is Passive Income?
Simply put, passive income is income that you earn without being actively involved. It is making money while you sleep.
Creating passive income means that you’ll continue to make income with little-to-no effort on your part to maintain that cash flow.
There are many ways to build passive income streams:
- Real estate/rental income
- Start a business – online or offline
- Write a book
Passive income streams can come in a variety of other forms other than the aforementioned but at the core they revolve around the act of creating something of value (a product, service, or experience) that people would want or need.
For the purposes of this site, my focus will be to teach you how to build a passive income stream online by building a blog site (based around a passion or interest of yours) and using a highly profitable form of marketing known as affiliate marketing.
What Is Affiliate Marketing?
If you’re new to the online world and have never heard of affiliate marketing, then allow me to get you up-to-date and share with you why I believe it is one of the BEST ways to start building a passive income stream online.
Firstly, let’s break down what affiliate marketing is…
Affiliate marketing is a unique form of marketing by which you (the affiliate) have the ability to earn a commission anytime you refer someone (customer) through your website to a merchant’s product or service and that person makes a purchase.
The best part about affiliate marketing is that you do not actually need to invest time, money and effort into developing a product or service of your own to sell. You can begin selling as an affiliate as soon as you have a platform to sell it on (i.e. a blog or website).
And the great thing about starting a blog…
In today’s day and age, you can have your own beautifully-designed site up and running in a matter of minutes!
Where you’ll be investing your time is in generating content (writing articles & reviews) for your blog and learning how to drive traffic to your website (also known as Internet marketing). More on this later though.
There are THOUSANDS of companies online that have affiliate programs that allow you to sell virtually any product or service you can think of. Amazon Associates, Clickbank.com and CJ Affiliate (formerly Commission Junction) are some of the largest affiliate networks to work with if you are just getting started.
This means all you need to do is find a product or service you like and trust, and begin recommending it to others online. Remember: You will be recommending these products to people so YOUR reputation and business will be on the line. With that said, I HIGHLY urge you to only recommend products and services that you trust or are familiar with.
As an affiliate, I only recommend products and services that I am highly fond of, which means I have used it before and it has helped me to achieve something of great value.
If I am not confident in a product or service and I do not feel it will positively help people, I will not promote it. Plain and simple. Unfortunately, as with every industry, there is an unethical side to affiliate marketing where people promote products and services that provide little-to-no value to the consumer only to make a hefty commission (otherwise known as a scam).
If done ethically, affiliate marketing is a win-win for everyone:
- You’re happy because you earn a commission.
- The company or person’s product/service you promote and recommend is happy because they are earning leads and sales from you.
- The customer is happy because they learned about a product or service from you that will add value to their life and will hopefully fulfill a need or desire of theirs.
Eventually over time, once you have established yourself as an authority site (meaning you’re a site that people regularly visit for information and recommendations about a certain niche or topic) your site will essentially “run itself” and you’ll be generating passive income.
There are only 2 essential requirements to get started:
- A passion or interest around something.
- Persistent action (otherwise known as hard work).
If you can bring those two requirements to the table, I will show you the rest. 🙂
How It All Works
The actual process of generating passive income online by building a blog and using affiliate marketing is actually quite easy as it’s been done before by others, so there is a proven blueprint for how it works. The tough part (and where most people fail) is being consistent with following the blueprint and doing the work. I’ve broken down the process below:
1. Choose an Interest
The nice thing about starting a blog is that it gives you the opportunity to make money around something that already interests you or that you are passionate about. Choosing an interest can be ANYTHING you desire. Yes – some markets are more profitable than others (known as the Evergreen Niches) however that should not restrict your decision to choosing a market that truly interests you.There are 3.75 BILLION people (over 51% of the world’s population) actively searching and using the Internet to find information, products, services, and entertainment online, and this number is only growing. This means that you can choose virtually any interest you are passionate about and feel confident that there are others online who have a similar interest, meaning it’s possible to create passive income around it.
The truth is that it’s not so much about the interest you decide to choose but becoming the go-to authority for that interest.
Once you have chosen an interest, the next step is to create a platform (your blog) so you can begin to recommend products or services related to the interest you chose. If you need help choosing an interest check out my article How To Find Your Niche Market to give you some ideas about where to start.
2. Build a Website
If you want to be successful online and have long-term success it is essential to have your own website. A website in the online world is the equivalent of having a physical storefront in the real world, with a few added benefits:
Firstly, having a website means your business will be open 24-7-365, meaning you can generate revenue at any time, and anywhere. Running an online business means you can operate it from anywhere in the world so long as you have an Internet connection.
Secondly, a website is far, FAR less expensive to own and operate than a traditional physical storefront. On top of that, building a website is now easier than ever — it is now possible to launch a beautiful and mobile-friendly website capable of generating revenue in as little as a few minutes.
Your blog website will be the foundation of your business and act as the online “storefront” to which all activity and revenue will stem from. To learn more about how to properly build a website as well as recommendations for hosting, check out my article How To Build A Website With WordPress.
3. Attract Visitors
In any business you start, one of the main challenges you will face will be attracting customers, specifically the right customers. In the online world, it is no different.
Before you can hope to make any money with any website, people need to know about your site and you need to know how to attract the right people to it (known in the online world as “generating traffic”). At BPIO I will be sharing with you the most current traffic generating techniques, tips and tools that have worked for me to help you effectively attract an abundance of relevant customers to your website.
There are a number of methods to generate traffic to your site, some free, some paid, but for the most part I will be teaching you methods like:
4. Earn Revenue
Once you have chosen your interest, built a website and have an audience (traffic) coming to your site, you’ll then be ready to start generating revenue. There are a number of ways to generate revenue from your site but here are the main opportunities we will focus on here at BPIO:
Hopefully this page has helped to give you an understanding of what BPIO is all about and what you can hope to get from it. If this opportunity sounds like something you might like to embark on, let us waste no further time!
The sky is the limit and I will be here with you every step of the way to guide you through the process. Always keep faith and making progress day by day.
“Step by step you get ahead but not necessarily in fast spurts.” – Charlie Munger
I wish you MASSIVE success!
All the best,