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Massive FreelanceSwitch Subsite Online - Earn Passive Income

Collis Ta'eed

Passive income is earning that happens even when you aren’t working on it, and it’s perfect for freelancers. That’s why for the better part of a week now Cyan and I have been putting together a mini-guide to earning passive income. It has plenty of info and lots of sites to visit to get you on your way to earning while you’re not working!

Pay it a visit over at http://notbythehour.com and if you enjoy it, we’d really appreciate if you dugg, delicious’d or stumble’d it to get the site the maximum audience!

The site has been built as part of a review of the Light Content Management System that I am doing for our favourite advertiser ElementFusion, and the review itself will be up shortly as well for any web designers and developers out there, it’ll be a must read.

Oh and while you’re at the site, make sure to check out the “Mo’ Money” wallpapers, even if I do say so myself, they’re pretty funny.

Leave a Comment
  1. This is a great little guide, thank you.

    My one problem with it is you recommend reselling hosting to make money. There at 1000’s of people out there that do this already and 99% of them (in my experience) do not do it well. The reason? Support. Supporting your hosting clients will take up too much time for it to be worthwhile and you won’t provide a decent level of support to your customers. It can spoil a decent reputation.

    So I emplore freelancers out there - don’t add to the 1000’s of terrible hosting resellers out there by adding your hosting services to the pile, unless you a) know a lot more about hosting and running websites than your customers and b) don’t plan to sleep any more so you can provide the 24 hour support your worldwide customers will probably need.

  2. ps. if you don’t believe me and try out reseller hosting anyway, take it from me: sooner or later, it will end in tears. Leave hosting to the proper hosting companies.

  3. That’s a fair point Andrew, I must admit my experiences with reselling hosting weren’t much fun. I’ll update the guide to give a warning to freelancers considering it to be cautious, thanks for the feedback!

  4. OKie just added this in there:

    Also if you aren’t comfortable with high stress, be warned that hosting can be a HARD business, and there is nothing worse than explaining to clients why their email is down.

    :-)

  5. Just to let you know Collis, the link to zazzle on page 2 in the right margin under the screen grab doesn’t work - produces and error on their site (at least at this moment in time).

    As for hosting, I offer hosting to my clients for this simple fact, some of my clients have rather stagnant sites, lawyers, accountants etc plus some have CMS so my work on those is very limited for an ongoing income that is. In these cases, when you charge for hosting and maintenance which includes being the middle guy between them and the hosting company plus monthly backups etc, gives me the opportunity to earn my highest net profits of anything I do. I may just be lucky with the hosting company I chose which I’m not going to advertise as this is not what I was trying to do.

    Basically I agree with the point that if you are looking to set up a separate website offering hosting under a reseller account then yes, you will need to be well prepared, but offering the same services to existing and new clients is an opportunity I would personally not give up. I have found that clients are well prepared to place email and website hosting services, with support, into the hands of the web designer / web master / guy that updates the website and pay a lot more than they would normally, simply for reassurance purposes, and the fact that one invoice comes in every 3 months for everything “web related”.

    As a simple rule of thumb for anyone thinking of getting into this, my pricing structure was simple - customer 1 pays for the reseller account - anything after that is profit - less time spent per month on any issues - has worked very well.

    It’s worth thinking about.

  6. Thanks for the great guide, Collis. There’s a lot of good info and it’s easy to understand.

  7. I love the site about earning income, the CMS integration looks great. I agree with the first poster about hosting reselling. It is a no-win situation unless you have a business built around doing just that.

    It is best to leave that stuff up to the professionals.

  8. Under Rebranding, you say: “It doesn’t look great for you if your client realises that you have marked up everything to the hilt, so it’s always best to find services where you can rebrand the console with a logo or theme, thus avoiding any awkwardness.”

    This seems dishonest to me. Maybe that’s why I’m not rich yet!

  9. Cosigning the advice on web hosting as ‘passive’ income. To be successful in hosting as passive income you’d need appropriately priced hosted plans and a very strong partnership with an excellent hosting provider for providing support … otherwise, it can be a real headache. Also assuming you’re the middle man between the customer and the actual hosting service provider, you could experience very high stress levels if issues occur w/ the mail/web servers.

    Having tools in place to allow the client to manage as much of their accounts as possible helps (email accounts, content management services, ftp account setup etc.).

  10. Also … great guide Collis!

  11. As always, grate post! thanks

  12. awesome guide. :)

    one mistake however - the link to revver on the “Making Products” page of Part 1 is incorrect.

  13. Great site, I love the design style you guys have been using on FS and the new site!

  14. Thanks for the guide. Well worth the donation!

  15. Thanks guys!!! Nice to know the hard work was worth it, and happily we are on delicious/popular, we could have been on Digg as well but some people buried the story as spam, who knows why, one of those digg mysteries I guess :-)

  16. That’s an interesting site, I picked up a few ideas :) Thanks.

  17. The interface is so appealing. Do you have a portfolio of your other works. I really would like to see it. Thank you.

  18. This is the best article in a while at Freelanceswitch! I think you guys sould write more about starting as a freelancer, like what things you need to start a business. Because you guys never discuss how to invest in your business to make more revenue, how can you advertise efficient, and the administrative side of freelancing. You guys should tell more about communicating with clientsand the legal things that involve at freelancing. I hope this is a good tip for you guys!

    PS: Excuse me for my bad English (I’m a Dutch fan)

  19. I’m a big fan of the site but I was a bit let down by the guide. It just had a recycled feel. However, the title alone is very smart and will be sure to drive traffic to the site! Good luck!

  20. Wow, what a great resource. Great info. Passive income guide is great - spread the word!

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