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Passive Income: A Freelance Writer's Way to Freedom

posted February 3, 2009 - 3:50pm
Passive Income: A Freelance Writer's Way to Freedom

In freelance writing, particularly with online freelance writing, there is more than one type of income. There are the one time payments that most writers are familiar with. This is the basic form of most writing payments and/or transactions. You ghost write an article and get paid $10, or you write one article for Associated Content and get $3.50 up front. This is the type of payment that most writers are used to.

Then there is passive income. If you're hoping for the "work when I want as long as I want and do what I want" dream of most would-be writers, then you need to look into passive income and ways to build your passive income. This is one of the places where Xomba comes in, as you can write and earn Adsense income based off of your articles. As your articles are picked up by the search engines, you may continue to earn income off of articles that you wrote months or even years ago.

On Associated Content, this is the pay per view (PPV) bonus, which pays the author for every 1,000 views. For Constant Content, this would be the articles you write once and only offer usage rights for, meaning they could be sold over and over again. eHow is another place where writing for passive income takes place over time.

Passive income through places like Xomba and Hubpages, and using Google Adsense, is the best way to begin earning seriously daily passive income, and is the way to build towards that freedom of lifestyle that most people imagine, but never achieve, when they just start getting into freelance writing.

Sometimes you get both. This article on the best post apocalyptic movies, which I wrote well over a year ago and put on Associated Content, was only paid $5 up front for usage rights, but this article now makes me about $9 a month passive income from the page views bonus. That's $100 a year and counting that article will continue to make me.

Many people have had some serious success at Xomba, some even closing in on $100 a day in Adsense, even if they don't write any articles that day. This is passive income, and what you need to work towards as a freelance writer if you really want the freedom that being a freelance writer has the potential to bring.

So keep working on the passive income, and maybe listen to Timothy Ferriss for some advice on what to do with all that freedom you'll have once your passive income hits the point where you don't have to write anymore.



Comments

Yes, a few.

As far as personally, my former boss in Austin is into Internet Marketing and makes well over $100 a day in passive income. For examples of people who share their numbers, take a look at: http://makemoneyforbeginners.blogspot.com/2009/01/making-money-online-anonymously.html This guy makes way more than $100 a day in Adsense, and his blog is actually an incredible wealth of info, and he has the screen shots to prove it. I'm not sure if there's anyone hitting $100 a day on ehow, but some are making $2,000 a month passively now. Most stories on passive income you hear are all about Adsense, so it is possible although it's difficult - and most who do seem to not want to come forward and admit it, but the testimonies are out there. Also check out http://www.mydebtfreegoal.com, for another story on passive income. Hope that helps! And thanks to everyone for the positive comments - and that is a funny coincidence about the post apocalyptic movies article. Even when it's hard, life is good when you're spending it freelance writing.

For great information on the writer's life, check out my freelance writing blog for beginners.

The Money's Really Just a Side-Effect of Being Helpful

Not even a "direct" side-effect (per se) with passive income. You get 'fans' for being helpful ... though they're not so much 'fans of you' as they are 'fans of your help's dependability.' Be dependably attractive to the type of people your audience to tries to be, and more of those people will depend on your help (and will look at more of the tools you use to help them). ---GET MONEY FREE for having fans ONLINE, writing about Buddhist Chant, Dr. Hot4Words, Time-Travel, Divine Art

---when You Join Xomba, you can join this- and MythMan's other-hot discussions!

passive income

Ah, the elusive dream of the new freelancer. Thanks for the tips, well written article. Odd coincidence, I've read your post-apocalypse article before, good list (great genre)

Not personally but.....

I joined under DeDom and he is known among this site as being one who has made a good deal of money on here. You can research the site and you will find some people who have made a pretty penny from this site. It isn't always what you write. Some people have written things you would never think would be popular but turns out to be their biggest payer. So I can personally say I am not someone nor do I know someone making 100 dollars a day but that doesn't mean they aren't. JOIN MY WORLD HERE

Do you actually know anyone making that much?

While I think this is a good and useful article, I am wondering if anyone is actually making $100 a day from passive income. You'd have to be writing quite a long time and have a lot of published articles. Can I get a shout from anyone who has actually accomplished this goal? Thanks!

Looking for writing work? Checkout www.KillFive.com

Need a good copywriter or blogger? Check out www.jessicabosari.com

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