How Much Would You PAY For A Passive Income? (A Small Yet 100% Passive Income).
I Have A 100% Passive Income Stream.
I guess that most of us would love to have a passive income, but this sure is the dream and goal for almost every internet marketers out there. During the years I worked as a full time freelancer, I also built up my own passive income stream. It was not passive at first, as I had to set everything up... But it has been a passive income stream for well-more than two years now. I'm talking about SEOClerks and their Affiliate Program. (Don't worry, I will not try to get you on-board or anything, so you don't have to be afraid of any referral links. ;)
Just to quickly explain some details about it:
- SEOClerks is the largest SEO marketplace on the planet.
- You earn 10% for each cent your affiliates spend.
- You earn for life.
Now, 10% might not sound like much, especially as it will take large sums to get anything substantial out of it. The key thing here is that you'll earn for life. It doesn't matter if your affiliate orders something today, tomorrow or a year from now. You'll still earn 10%. You also earn 10% on all orders, so there's literally no limits at all.
- I have more than 1000 affiliates.
I don't earn anything substantial, even though I have more than 1000 affiliates, but I earn something. And each cent I make, is 100% passive as I don't work a single second. I have worked and I did spend an insane amount of hours building this, but it has become a true passive income over time.
I have received numerous offers by people who are interested in buying my account. I am a top rated seller and I have reached the highest user level there is. There's only 13 users with a Level X5 badge, and I am one of them. Each user level comes with some perks, so each level makes a difference for active sellers.
However, I asked what you would pay to have a passive income, and I'm interested in hearing what you would pay for a passive income that generates the amount my account does... But before you can answer that, I obviously need to show my earnings.
As you can see, I don't earn anything substantial at all. I get a bunch of $0,1, $0,5, $0,9 up to $2 or so. I could obviously show you a bunch more screenshots of my incoming funds, but it looks more or less the same. Some days are better than others and everything is 100% passive and automatic. The only thing I need to do, is to press "withdraw" whenever I want cash.
So, my account might not earn anything substantial, but it generates something on auto-pilot. My user level though, should be worth something, if an active seller would be interested in buying my account. Especially as there's only 13 users in total with the badge I have.
I got an offer a while back from a user who was willing to pay me $500 for my account. I declined for numerous reasons, but I've recently started to think about a counter-offer, if I ever would be interested in selling the account.
It's almost impossible to get any accurate numbers, but if I did a very rough estimation, I'd say that my earnings are an average of $1.5 per day. That's based on how long I've been a member, when I started to get affiliates and how much I've earned so far. (To calculate anything more accurate would take an insane amount of time.)
Also, there's obviously a chance that I can start to make much more than this at any point, as I cannot control my affiliates actions... But, it might as well go the other way for that same reason.
So, just for fun...
How much would you pay for a side-income like this?
How would you come up with your offer?
What would you take into consideration and what would you base your numbers on?
Would you pay more for the account due to its outstanding reviews, reputation and user level? Or would you base your offer on the actual income stream only?
Would it be possible to go from passive to active and grow your network further?
If you think the 'site' will be live for years to come, I wouldn't sell for $500, perhaps $1500 - 3 years average profits in advance.
Oh, yes of course. You can start selling services, grow your clientele, improve your ratings and get more reviews/recommendations at any point you want. The marketplace have been around for about 5 years and there's a handful of other marketplaces owned by the company too, so I'm definitely not worried about it to shutdown.
3 years average profits in advance. Yeah, I've been thinking in similar ways.
It seems like the consensus is 3-6 times yearly income.
You have to weigh up the risk.
My WP ad revenue just went from $800/ month to..... $0/ month because of GDPR..... WP is working on a fix but that income if yours.... it may be more precarious than you think!
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It sure looks like it would be anything between 2-4 or 3-6 times yearly income, which makes an offer of $500 way too low. I appreciate all these comments though. It's great to get to hear peoples thoughts. :)
Interesting question, @hitmeasap. I'd sell it for 5-6x yearly earnings. Mainly because i've seen affiliate earnings disappear over time when they change policies or upgrade their system. At least that was how it was for me with Amazon.
They haven't done any changes to their affiliate program since they launched (~5 years ago), and I doubt they will... But I totally understand your point. I've experienced the same thing myself a few times before.
I don't see everyones' problem with affiliate links on here. I don't mind them.
I don't really mind them either. I mean, people are still free to click them or not. It's not that I'm feeling forced to click a link just because someone want me to.
although i have no clue what you actually do (not you generally speaking) in that platform and how much time you need to spent to have this level and adding the fact that you can grow it more which i saw in the comments above 500 is too low.
I think 1500-2000 would be good only if you are certain that you are not gonna start spending time again. Also don't only think how much money is generating, think the hours you spent achieving it, that costs too!
I've had the account since July 2012 but didn't start to use it until mid 2013 or so. I haven't used it actively for about 2 years and I was the fourth user to ever reach the highest user level. 9 users have been added after that, and it took me about a year to reach it.
You can only reach that user level by being manually selected by the staff. That being said, it's a superb account to use if you're looking to become an active freelancer due to its user level, reputation and the reviews.
1500-2000, so basically 3-4 years average earnings in advance. Thanks for the comment! :)
ahh i see! And i repeat the time you spent is valuable too!
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I would buy an income stream like this for 1,000$. My logic is that it makes 150$ every one-hundred days, so 1,000 is about two years worth of income.
It definitely looks like people base their numbers on the average income and multiply it 2-4 years.
I wouldn't pay for a passive income like this rather make my own, that's just how i roll. 😎
So you're literally a doer and not a don'ter. That's a good thing. :)
Yeah i would (and do) build my passive income streams from the ground up, i wouldn't want to buy one from someone else
If I could work it up over time and have multiple smaller sources that kept growing, I would definitely do it. Not sure how much I would pay if I was someone buying into an account, but I would find a mid ground based on the income earnings as well as the reputation etc.
You can start use the account actively at any point. Sell services, get more affiliates, get more reviews/recommendations, grow your clientele and so on. The only reason I use it as a passive income stream is due to the lack of time.
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