{"id":11173,"date":"2023-01-17T20:07:17","date_gmt":"2023-01-18T01:07:17","guid":{"rendered":"http:\/\/blog.jlbn.net\/?p=11173"},"modified":"2023-01-17T20:07:18","modified_gmt":"2023-01-18T01:07:18","slug":"this-34-year-old-makes-more-than-5100-a-month-in-passive-income-heres-how-she-got-started","status":"publish","type":"post","link":"http:\/\/blog.jlbn.net\/?p=11173","title":{"rendered":"This 34-year-old makes more than $5,100 a month in passive income\u2014here&#8217;s how she got started"},"content":{"rendered":"\n<p>In 2015, at age 26, I was laid off from my six-figure job as a copywriter. It felt like a major setback at the time. But looking back, it was the motivation I needed to become my own boss.<\/p>\n\n\n\n<p>Immediately after my layoff, I was asked to be a bridesmaid for two weddings.<strong>\u00a0<\/strong>But rather than feeling stressed, I saw an opportunity. I had been a bridesmaid almost a dozen times before, and not only did I enjoy it, I was also\u00a0<em>good<\/em>\u00a0at it.<\/p>\n\n\n\n<p>So I posted a bridesmaid service ad on Craigslist \u2014 and received over 300 inquiries. Some people had close friends who couldn&#8217;t make their wedding day, others didn&#8217;t need a full-service wedding planner, but wanted some help planning logistics.<\/p>\n\n\n\n<p>That&#8217;s how<a href=\"http:\/\/www.bridesmaidforhire.com\/\">&nbsp;Bridesmaid for Hire<\/a>&nbsp;was born in 2015. After serving more than 125 weddings, I&#8217;ve been able to use my brand to create three passive income streams that generate more than $5,100 a month.<\/p>\n\n\n\n<p>Here&#8217;s a closer look at each of the income streams:<\/p>\n\n\n\n<h2><a>1. Sharing products I love<\/a><\/h2>\n\n\n\n<p><strong>Passive income earnings:&nbsp;<\/strong>$3,000 a month<\/p>\n\n\n\n<p>I have been<a href=\"https:\/\/bridesmaidforhire.com\/blog\/\">\u00a0blogging<\/a>\u00a0about wedding planning since 2011. I love sharing behind-the-scenes looks at my life and business with my 100,000 social media followers and 40,000<a href=\"http:\/\/mondaypickmeup.com\/\">\u00a0newsletter<\/a>\u00a0subscribers.<\/p>\n\n\n\n<p>Last year, after talking to some influencer friends, I started a new income stream making money as a brand affiliate through platforms like<a href=\"https:\/\/affiliate-program.amazon.com\/home\">&nbsp;Amazon Affiliate Program<\/a>&nbsp;and<a href=\"http:\/\/www.rewardstyle.com\/\">&nbsp;RewardStyle<\/a>.<\/p>\n\n\n\n<p>How it works is that I share products \u2014 jewelry, dresses, shoes, purses, makeup and beauty products \u2014 that I would wear to a wedding on social media, my website and weekly newsletters. Each time someone clicks on the link and makes a purchase, I earn a percentage of the sales.<\/p>\n\n\n\n<p>I spend about 20 minutes each week searching for products and creating content around them. I keep a running list of items I actually use and enjoy.<\/p>\n\n\n\n<h2><a>2. Creating online courses<\/a><\/h2>\n\n\n\n<p><strong>Passive income earnings:<\/strong>&nbsp;$2,000 a month<\/p>\n\n\n\n<p>In 2017, I created my first course to teach people how to start a wedding business. During the pandemic, I released other courses on personal branding, public speaking and how to get unstuck in your career. Now I offer a total of<a href=\"https:\/\/jenglantz.com\/courses\">&nbsp;five online courses<\/a><strong>.<\/strong><\/p>\n\n\n\n<p>When developing a new course, I think about the areas that I am an expert in, and I ask my audience what they are most interested in. I typically do this by sending them surveys and polls, either on social media or through my newsletter.<\/p>\n\n\n\n<p>Putting together the framework of the course can take anywhere from a few weeks to a few months, depending on how in-depth I go. I use iMovie or CapCut on my phone to film and edit the course videos.<\/p>\n\n\n\n<p>I also use an email marketing platform called<a href=\"https:\/\/flodesk.com\/c\/IMRKQ1\">\u00a0FloDesk<\/a>\u00a0that costs $228 a year, and a hosting platform called<a href=\"https:\/\/try.thinkific.com\/jenglantz\">\u00a0Thinkific<\/a>\u00a0that costs $948 a year.<\/p>\n\n\n\n<h2><a>3. Writing eBooks<\/a><\/h2>\n\n\n\n<p><strong>Monthly passive income earnings:<\/strong>&nbsp;$100 a month<\/p>\n\n\n\n<p>I have<a href=\"https:\/\/jenglantz.thrivecart.com\/the-bridesmaid-for-hire-books\/\">&nbsp;written three books<\/a>. My first, &#8220;All My Friends Are Engaged,&#8221; is about what inspired my business. &#8220;Always a Bridesmaid for Hire&#8221; is about my experience growing my company, and &#8220;Finally the Bride,&#8221; is about what I learned from planning my own wedding.<\/p>\n\n\n\n<p>&#8220;All My Friends Are Engaged,&#8221; was released through an online publisher. I worked with a traditional publishing company in 2018 for &#8220;Always a Bridesmaid for Hire,&#8221; which paid me a flat fee to write it, and I don&#8217;t earn royalties from any sales.<\/p>\n\n\n\n<p>With &#8220;Finally the Bride,&#8221; I wanted to take more ownership of the process. I released a new chapter every month (a traditional publisher wouldn&#8217;t have been able to support that), and I get to keep 100% of the profits.<\/p>\n\n\n\n<p>I use a free platform like<a href=\"https:\/\/reedsy.com\/\">&nbsp;Reedsy<\/a>&nbsp;to format the book, and<a href=\"https:\/\/www.canva.com\/\">&nbsp;Canva<\/a>&nbsp;to design the cover. I set the price below $10 to make sure it&#8217;s affordable and accessible to everyone.<\/p>\n\n\n\n<p>As my business continues to grow, I&#8217;m always searching for new and innovative ways to make more passive income. That way, I can minimize how many hours a week I work and maximize how much money I bring in every month.\u00a0<\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In 2015, at age 26, I was laid off from my six-figure job as a copywriter. It felt like a<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[254,3421],"tags":[888,3635,3429],"_links":{"self":[{"href":"http:\/\/blog.jlbn.net\/index.php?rest_route=\/wp\/v2\/posts\/11173"}],"collection":[{"href":"http:\/\/blog.jlbn.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/blog.jlbn.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/blog.jlbn.net\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/blog.jlbn.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=11173"}],"version-history":[{"count":1,"href":"http:\/\/blog.jlbn.net\/index.php?rest_route=\/wp\/v2\/posts\/11173\/revisions"}],"predecessor-version":[{"id":11174,"href":"http:\/\/blog.jlbn.net\/index.php?rest_route=\/wp\/v2\/posts\/11173\/revisions\/11174"}],"wp:attachment":[{"href":"http:\/\/blog.jlbn.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=11173"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/blog.jlbn.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=11173"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/blog.jlbn.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=11173"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}