How to find the perfect passive income stream for YOU
The most important lesson I learned from my failure.
I still remember the moment I sold my very first product online.
It was in my summer holiday, and I was just walking back from the beach when the Etsy app on my phone pinged. Cha-ching! I’d made a sale!
It was a product priced at 3 dollars, and I had discounted it, so the total amount was $1.80 (minus fees).
But for me, it was a lot more than $1.80. It was a beginning.
Right now, I have three passive income streams that are working out for me:
I have an Etsy shop where I sell printables and make about $1000 per month. I write on Medium, where I made $2169 in the Partner Program in December. And I do affiliate marketing, where I made $4000 last month.
Learning from failures
That may sound like a great success story (and for me, it is — in fact, I am still pinching my arm!).
But as it often is, the road to success is paved with failures. Or learnings, as I like to think of them.
Every time I failed, I also learned something. And I hadn’t done those failures (or learnings), I would perhaps not had the successes either.
Therefore, this article is not about what has worked out for me. It is about my biggest passive income failure. And it was done at exactly the same time as it worked out really well both with writing on Medium and starting affiliate marketing.
And the point of telling the story, is also to show that if you try something — and it doesn’t work, it doesn’t mean that you can’t succeed. It doesn’t mean that you don’t have the right skills to make it. It just means that this particular path wasn’t the right one for you.
My failure on Pinterest
Last summer, I read about a lot of people who succeeded on Pinterest. I was super-fascinated! People seemed to be raking in money, simply by making pins!