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Disruptors

9 Online Recurring Revenue Streams

Disruptors

Rob Moore

Careers, How To, Business, Self-improvement, Society & Culture, Marketing, Investing, Education, Entrepreneurship

4.81.4K Ratings

🗓️ 28 January 2022

⏱️ 29 minutes

🧾️ Download transcript

Summary

Stop wasting your time earning 20-50 dollars an hour and having to so over and over again. You can never be fully liberated unless you create recurring revenue streams: where you set something up once but you continue to earn on it for weeks, months or even years! Listen in to this episode where Rob outlines 9 online ways you can create recurring revenue.   KEY TAKEAWAYS If you’re going to exchange your time make sure you create an asset so that you can earn on that asset on an ongoing basis. Online Recurring Revenue Streams: 1) Online Masterminds or Mentoring 2) Getting Sponsorship on Social Channels 3) Podcasting 4) YouTube Channel 5) Instagram Sponsorship 6) Online Courses 7) Subscription Model 8) Creator Coins/Personal Brand 9) Running Ads on your Content   People are frustrated about how much money they have to put into ads now which is why sponsorships are becoming more and more popular. To get the most out of online recurring revenue streams you need to start with omnipresence and repurposing content. This is how you turn one origin piece of content into many, many different ways of making you money.   BEST MOMENTS “You have something that you know more than many other people”   “If you’re going to exchange your time make sure you create an asset so that you can earn on that asset on an ongoing basis”   “That’s not double dipping, that’s not quadruple dipping, that’s 25x dipping and it’s this strategy that I call omnipresence through repurposing and this really is the secret to vast scale and multi streams of online recurring income”   “Right now we are in the massive audio influencer revolution”   [Business, mindset, entrepreneur, disruptors] VALUABLE RESOURCES https://robmoore.com/ bit.ly/Robsupporter   https://robmoore.com/podbooks  rob.team ABOUT THE HOST Rob Moore is an author of 9 business books, 5 UK bestsellers, holds 3 world records for public speaking, entrepreneur, property investor, and property educator. Author of the global bestseller “Life Leverage” Host of UK’s No.1 business podcast “Disruptors” “If you don't risk anything, you risk everything” CONTACT METHOD Rob’s official website: https://robmoore.com/ Facebook: https://www.facebook.com/robmooreprogressive/?ref=br_rs LinkedIn: https://uk.linkedin.com/in/robmoore1979 disruptive, disruptors, entreprenuer, business, social media, marketing, money, growth, scale, scale up, risk, property: http://www.robmoore.com

Transcript

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0:00.0

Nine online recurring revenue stream. There is no point spending your time earning

0:09.4

20 or $50 an hour and then having to do it again and again and again and again

0:14.6

and again and again and again and again and even if you're worth a hundred or a

0:17.5

thousand dollars an hour you never fully liberate or create passive or ongoing

0:23.1

income unless you create recurring revenue streams. So recurring revenue streams

0:29.6

are where you set it up once but you could earn on it for many weeks, months or

0:36.0

even years to come. Now some of these online recurring income streams are

0:40.4

probably going to surprise you because they're pretty easy to start and they

0:46.0

don't really take a lot of resource and of course because they're all online

0:49.4

you don't need staff you don't need you know massive warehousing or overhead

0:55.2

or retail space or stock holding. So actually the gross margin on recurring

1:01.8

revenue streams can be more than 90% it can sometimes be 95% not net margin but

1:09.2

it could be a gross margin and that actually is really really high. I'll talk

1:14.2

about that in a moment but the nine online recurring revenue streams are

1:17.4

going to share with you are one online masterminds or mentoring. Two people

1:24.5

paying you to sponsor your social channels and in particular Facebook pages

1:29.5

Facebook groups but there are many social channels. Essentially you being

1:33.6

sponsored and I'm going to give you a live example of how I've done that. Three

1:37.7

as a podcast the amount you can get per thousand downloads will probably

1:41.6

blow you away. Four is a YouTube channel and again it surprises me how much

1:46.9

money you can earn on a YouTube channel. Five is Instagram sponsorship and I'm

1:51.5

going to give you a specific example of this. Six is online courses again

...

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