Cooperative Passive Income Example
In this second scenario, passive income examples include residual income from products and services developed by others, as well as ad revenues.
John owns a blog dedicated to hunters, fishermen, and outdoor enthusiasts. He posts several times a week with various tips, advice, and outdoor news. He often reads about new books, conferences, workshops, and products of interest to his audience. As such, he recommends his finds to his readers as well as reviewing new products on the market. While he loves his blog, he would love it even more if it actually made enough money to cover his hosting expenses and maybe a weekend trip now and then.
After learning about passive income examples from other bloggers, John develops a plan. Several of the products and books he recommends have affiliate programs that would allow him to earn a small commission on each sale generated from his site. Likewise, some of the outfitters he regularly recommends have expressed interest in placing ads for their adventure packages on his blog. With a little legwork and advertising, John is able to build up enough passive income from his blog to pay for hosting and sock away a little money towards his own outdoor adventure vacations. All of his blog income derives from products others have developed or ad revenues.