In today’s post, I need to share with you on the way to create passive income over the method of outsourcing. Now, we can mention building passive income through creating these niche websites which you set it up so that once you set it up it’ll automatically earn extra income. And the whole idea and the principle is very simplistic and most people I think understand how that concept works. Though, what a great deal of people don’t realize is that as soon as you setup these sites, you still require to firstly maintain them, that’s one thing and secondly if you need customer support and handling support for any products or whatever you sell on them, you still have to deal with those as well, too so it’s not completely 100% automated. And this is what I need to reveal to you inside this video is showing you what potentially you could do so that it sets up in automated mode. And I know a great deal of people have been asking me about this and also people have been a bit puzzled by how it all works. As well as, that’s the other thing is that people are scared of actually outsourcing because the simple truth is that they don’t have the resources, e.g. financial support as a way to spend on these outsourcers or just haven’t found the suitable person as a way to handle and take over these tasks.
Now before I jump over into showing you a diagram of how it all works, I just want to offer a quick story to be able to appreciate how this works. Now if you already know who Tim Ferriss is from the Four-Hour Work Week book that he developed and has been turned into a worldwide phenomenal success, he uses outsourcing and has a system setup to be able to do that and he owns an organization, a supplement company which distributes and sells products all across America and that’s all been outsourced and handled by his company there. In order for him so that you can do that, he should also have a method that’s been setup and he’s obviously developed something that can be automated. Now he’s not just managing websites where you just set it up, hopefully create enough content, get targeted traffic to it and then start making money for him. He actually has probably a drop shipping company which sends his products over to his customers and someone has to take care of those customer care inquiries, has to deal with dispatchment, has to handle all the things that go on behind the scenes which you don’t see from having a product.
And this is what I’m saying is the example that I’m taking from here is that it still requires effort and you still do hire either someone so that you can handle all these things if it’ll be a website or a product that you sell. And if you’re selling an informational product online, yes there’s going to be probably a few people who’s going to ask questions and if you’re selling internet online affiliate marketing products, it still gets sent through there. But what happens if say one example is your website goes down or what happens if your website is changing over for some sort of new product or someone’s going to add new content, people are going where it is. Someone’s got mentioned advertising, etc. etc. Now that’s not really automated if you’re going to involve yourself. So this is what I want to reveal to you inside this video is how so that you can go about this outsourcing process to help you actually have your team completely generating income, whether be website or product that you’ve got. All right so let’s hop on and let’s take a look and let me show you what to do.
Okay, let’s start off firstly in terms of where we start. Let’s just take as an example we have people working for us so let’s just have a look. I’ll just draw a little diagram of people. Let’s just say you got a team here of really happy people. I’m just going to draw these little smiley faces, I can’t the eyes in there. Anyway, these are for instance your outsourced team and what they can do for you is basically create and be just right for you so that you can style or put together these mini websites, if be niche websites or authority sites or what not. And what they’ll do is they’ll build those sites for you, they’ll submit it and get it out onto the internet for you. And once they do that for you, hopefully if they’ve followed your process and your systems step-by-step, what will happen is that you start to also see income returning into these websites. So what we’re going to start to see is money generated from the work that they put in. And, basically that money that comes into these websites can be either reinvested again into that website to continually allow to grow. And if that gets done efficiently and that gets done regularly, you can generate a lot more income from just one of these websites. But if you decide to go on the path that I’m showing you right now, which is to multiply what you do, so you multiply more of these websites that you have and you get people to manage them for you to submit, to get them out onto the internet and to generate more money for you, hopefully the same process that gets involved right here to make more money for you. You’ll be able to have another website and what you want to do is actually multiply these. And -- you no doubt know -- you don’t have to have just one team that does this. You can have multiple teams that does this. You can have -- you are aware of, multiple people in different areas or multiple people in different teams setting all these up for and continually doing it.
It just will depend on where you’re at in your business. Say as an example you’ve got 10 of these type of websites and you’re doing fine with say, 3 people in your team or one person in your team assisting you do this then that’s great. But if you want to take to the next level and expand to get hundred of these sites to get people expanding to manage it for you then obviously you need greater number of these people to help you. So you really do look at outsourcing because of the simple truth is that the people that helps you right here, these people are specially going to be your investments and they will be the ones who will help you generate the income because they are doing the work for you. And yes, you will have to spend a little bit of money up front as a way to you can keep them going but the return that you gain from this is tremendously huge because you’re going to get a lot more money generated because there’s much more now work being done and this sort of work that’s being done is done passively. Because what’s possible is that the -- once your systems are setup and the money just keeps coming in and you keep reinvesting it, you’re going to get increasingly more money and therefore money’s going to keep increasing and you’re going to have less and less work from you. And say as an example you’re the one sitting out here on the board, say for example this is you one happy person that’s sitting right here and you’re just collecting all the money straight into your bank account.