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Damon Brown @browndamon
, 18 tweets, 11 min read Read on Twitter
Welcome to the #passivewriter chat! I'm @browndamon with my co-author @ByJeanetteHurt, and we're authors of The Passive Writer: 5 Steps to Earning Money in Your Sleep:
#passivewriter We're long-time #freelance #journalists & #authors who have found ways to create new methods to bring in money while we aren't working. So much of our work was one-and-done. We did an @ASJAhq NY panel in May and wanted to expand the discussion
#passivewriter How do you define #passiveincome? @ByJeanetteHurt & I discovered it is different for everyone. For me, it is getting #money based on past work with little or no effort. It also means expanding on what you naturally do.
#passivewriter I would spend months, if not years researching something for an article or book, and there would be tons of info not in the final product. That additional info could become something different that is of value.
#passivewriter The key, which ties into my recent keynote, is knowing that your *knowledge* is of value, not just your final product that someone may have considered valuable
#passiveincome How much of your income comes from #passiveincome? For me, it varies from 10 percent to, for a couple months, 100 percent! It actually was a wake up call for us to do this book. The modern media landscape is too dynamic to depend solely on outside sources.
#passiveincome I have more than two dozen passive income streams: sometimes they trickle, sometimes they gush. *The goal is to always have something coming in.*
#passivewriter Exactly. My streams are from books, classes, coaching and blogging. They are based on what people ask for - not editors or publishers or agents, but the actual people reading or watching my work. It's why you want to be as close as possible to your audience.
#passivewriter In general, but especially if you want to build more passive income, I highly recommend using email, conferences, and other one-to-one connections with your audiences…
#passivewriter In the book, we recommend 3 questions to ask before you pursue a #passiveincome focused idea
In the book, we recommend 3 questions to ask before you pursue a #passiveincome focused idea
1. Do people actually want this?
2 How hard will this be to pull off?
3 What would be required to get this to the right people?
#passivewriter We've loved sharing our ideas with you today, at the @ASJAhq panel and in The Passive Writer! #Passiveincome challenges, questions or triumphs? As @ByJeanetteHurt mentioned, we'd love to hear from you. Just at us with the #passivewriter tag
#passivewriter Agreed! @lvanderkam talks about building those relationships now so you can build on it easily in the future.
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