When most people get started making money online, they do so by selling a product or service. It's a great start, but eventually it becomes obvious that they have to keep working consistently in order to make money. If they stop working or take a vacation, the money stops coming in - UNLESS they have set up systems that can continue to keep the business running while they are away.

Creating passive income streams online isn't difficult, it just takes a little bit of time and patience. The great thing about them, however, is that you set them up once and they can continue to pay you indefinitely.

Most passive income streams will involve sales of a downloadable product or promotion of affiliate products. You can create your own products like ebooks or software, if you have the time and skills. But what if you don't know how?

PLR (private label rights) content provides a quick and easy solution!

With PLR, you pay reasonable prices for written material or software that you now have the right to use as if it were your own. You can change portions of it, put your own name as the author or creator, and sell it as many times as you like.

This opens a lot of opportunities for making passive income, needless to say!

Here are a few simple ideas for using PLR to earn passive income:

- Use a PLR e-course in an autoresponder to promote a PLR ebook or report. Reports sell well for $5-$10, while ebooks can sell for anywhere from $20-$100, depending on the topic. Then either write some articles yourself, or have them written for you, and use them to promote your free e-course (which promotes your product for sale!). There are no limits to the amount of subscribers you can acquire, and your e-course will be promoting your product on autopilot.

- You can also insert links to affiliate products and programs into the free e-course, so you've got more than one option for making money from it.

- Purchase a pack of PLR articles on a similar topic and compile them into a free e-book that promotes your report or ebook. Put a link to the free ebook in your signature on forums, email, and on your website or blog.

- Or combine all three of the above ideas by giving away the free ebook to people who subscribe to your e-course. A little bonus gift will usually make people more receptive to signing up. Then the ebook AND the e-course will be promoting your report or ebook, working double time to bring in more money!

There are endless possibilities for using PLR to create passive income streams. Just note that it sometimes can take a little while before it really starts to take off. Sales may be slow at the beginning while you're building up momentum, but eventually you should notice progress.

Remember too that you can do this over and over again with more than one PLR product. You can have dozens of them all working for you - whether you're working or not!

About the Author

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