Ep105: 20k per Month Passive Income with Khari Harper

20K per Month Passive Income Online

If you want to build passive income online you will need a system. Listen as Khari Harper explains step by step how he built his 20k per month business online. The best part about it is that he is using inexpensive tools that we all have access to. Take notes and get ready to scale your business to the next level. Let’s get it.

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Overview: 20k per Month Passive Income

LoH Key Points

Online Marketing
Outsourcing
Automation

Online Marketing

If you don’t have traffic, then you don’t have business. It can be very difficult for your business to be discovered in the crowded online market today. However we all now have the tools available to us to help push our products and services in front of the right people. Learn to use online marketing tools like Facebook Ads and Youtube Ads to put your business in front of thousands of people. If you want passive income online then you will need these tools in your bag. The key is to have a system in place to handle all of your new found traffic. You will need to create ways to engage all of them and help them to quickly identify why they want to use your product or service.

Outsourcing

Outsourcing is a major component to passive income success. It’s not possible for a single person to handle each and every engagement that is required in an online business. If your business landed 1,00o new clients today, would you be prepared to deliver the services? Outsourcing can allow you to remove yourself from actually doing the labor intensive parts of the business so you can focus on customer relations and customer acquisition. This will put you in a position to focus on growing and sustaining your business. As a business owner, shift your perspective from working in your business, to running your business.

Automation

Another key component to help you create passive income is automation. Is there anything in your business process that can be automated? Start by breaking down the workflow of your business step by step and looking at each individual part. Identify the parts of your workflow that could possibly be automated. You can use sites like Zapier.com to help you identify some cool ways to implement automation.

Challenge

This challenge came straight from Khari Harper himself. Head over to Youtube and start watching videos about Facebook marketing. After you’re done, watch it again. Start learning about Facebook marketing and how to leverage it for your online business. If you don’t have traffic, then you don’t have a business. Once you get the traffic coming in, perfect your system. Remember automate and outsource. These are the keys to online passive income. Go get it!