If you are using a passive income model to grow your business, that’s smart. Earning money while you sleep by participating in affiliate programs can be a very sustainable business model.
It’s a lot of work up front — there is no free ride — but it’s definitely worth it in the long run.
When you start getting email with the subject “You’ve got cash!” like the one I recently received for earnings on my blogs listed in the Kindle directory, it makes you smile (and do a fist pump too!).
But you need to use caution when you are signing up for affiliate programs. Each program has a terms of agreement that you should read carefully. And if the program terms change for a program you have already joined, you should read those too.
I cover this topic on page 9 of my free passive income guide so you can make smart decisions.
I just got a mail from one of the programs I’ve been a member of for a while. There terms are changing (radically!) and I’ll be opting out. Being an affiliate for a company means you are committed to them and their product or service and I think the company should reciprocate. But this company has decided that if you don’t make a certain quota of sales during a specific time frame, all your commissions will default and you make nothing. That’s totally outrageous.
What do you think?
About Denise O'Berry
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