The Money Podcast How To Create Recurring Revenue Streams (9 Ways)
Stop wasting your time earning 20-50 dollars an hour and having to so over and over again. You can never be fully liberated unless you create recurring revenue streams: where you set something up once but you continue to earn on it for weeks, months or even years! Listen in to this episode where Rob outlines 9 online ways you can create recurring revenue.
KEY TAKEAWAYS
- If you’re going to exchange your time make sure you create an asset so that you can earn on that asset on an ongoing basis.
- 6 Online Recurring Revenue Streams
1) Online Masterminds or Mentoring
2) Getting Sponsorship on Social Channels
3) Podcasting
4) YouTube Channel
5) Instagram Sponsorship
6) Online Courses
7) Subscription Model
8) Creator Coins/Personal Brand
9) Running Ads on your Content
- People are frustrated about how much money they have to put into ads now which is why sponsorships are becoming more and more popular.
- To get the most out of online recurring revenue streams you need to start with omnipresence and repurposing content. This is how you turn one origin piece of content into many, many different ways of making you money.
BEST MOMENTS
“You have something that you know more than many other people”
“If you’re going to exchange your time make sure you create an asset so that you can earn n that asset on an ongoing basis”
“That’s not double dipping, that’s not quadruple dipping, that’s 25x dipping and it’s this strategy that I call omnipresence through repurposing and this really is the secret to vast scale and multi streams of online recurring income”
“Right now we are in the massive audio influencer revolution”
VALUABLE RESOURCES
bit.ly/Robsupporter
ABOUT THE HOST
Rob Moore is an author of 9 business books, 5 UK bestsellers, holds 3 world records for public speaking, entrepreneur, property investor, and property educator. Author of the global bestseller “Life Leverage” Host of UK’s No.1 business podcast “The Disruptive Entrepreneur”
“If you don't risk anything, you risk everything”
CONTACT METHOD
Rob’s official website: https://robmoore.com/
Facebook: https://www.facebook.com/robmooreprogressive/?ref=br_rs
LinkedIn: https://uk.linkedin.com/in/robmoore1979