9 Online Recurring Revenue Streams
Disruptors
Rob Moore
4.8 • 1.4K Ratings
🗓️ 28 January 2022
⏱️ 29 minutes
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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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