5 essential Pillars to unlock 6 figure passive income to achieve your money goals faster
Pursuing your 6 figure passive income ideas is truly exciting… until everything can become too much. Discover 5 essential pillars to unlock 6 figure passive income to achieve your money goals faster:
2. Your purpose: The must-have clarity to achieve your 6 figure money goals
4. Your processes: Work smart to make your passive income ideas a reality
5. Your communities: Because going at it alone isn’t the answer
Your BONUS tip: Your mindset brings it all together to achieve it faster
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The untold truth about 6 figure passive income
The myth of easily making 6 figure passive income fast
6 figure passive income feels like the El Dorado quest for that promised place with piles of gold. It feels unbelievable yet so irresistible not to try. You have read about it… and you want it!
The so-called 8-hour-a-week business. Sounds brilliant. You want that, oh yesss! Many promise to get a 6 figure passive income business super quick! It is the kind of get-rich-super-fast recipe.
But your online business day-to-day feels very different from an 8-hour week when you start. You work longer hours, during the week… and the weekend. You’re:
throwing hours in free Facebook groups, for a follow-for-follow promise—that will get your social media counter moving.
squeezing your brain day-in-day-out about your next piece of content—that is the one that has to go viral.
watching Google Analytics traffic increase so ever slooooooowly—you refresh it ever so often to see no difference.
battling the puzzle of new tools (you feel so confused about all the options and how to use them)
What??? No one warned you that you would feel so overwhelmed pursuing this 6 figure passive income dream.
And it is normal, my friend. The out-front effort to set up your passive income ideas, go through the learning curve, and reach the other end without giving up can’t be underestimated.
The 6-figure passive income promise is possible
What can you do to make it easier for you?
Here come the 5(+1) essential pillars to unlock 6 figure passive income to achieve your money goals faster:
Your audience: Start growing your online audience first
Your purpose: The must-have clarity to your 6 figure money goals
Your tools: Get the right setup to save precious time
Your processes: Work smart to make your 6 figure passive income dream a reality
Your communities: Because going at it alone isn’t the answer
When you add to these 5 focus on building a growth mindset… things will come together for you, my friend. With these 5 foundations, you will have a structured way to eliminate your overwhelm to build your online dream.
Let’s look at each to be specific about what you can do right now.
1. Your audience: start growing your online audience first
What 90% of online entrepreneurs miss
Can you imagine Taylor Swift organizing a worldwide tour just to sing in front of empty stadiums… *Unimaginable*, isn’t it?
Unknowingly, many end up promoting to no one online. Sounds strange?
As a solopreneur, the list of things to do is literally limitless. 90% of online business entrepreneurs focus first on creating a stunning website or creating for months a perfect product.
The thing is, time is money. The #1 strategy that 6 figure entrepreneurs get right is to concentrate their efforts on audience growth from the beginning.
Your online audience is EVERYTHING to make money online.
No online audience, no sales.
What comes next might surprise you!
Having a flashy website and impressive products to sell shouldn’t be your #1 online business priority.
Audience and email list growth are.
What you need to focus on first for 6 figure passive income
Think burgers. If you have a craving for one, you have so many choices to get one right away. However, if you want freshly grown and picked strawberries, you need to wait because it takes time.
Audience and email list growth also takes time. So the earlier you start, the better.
Plus, once people are in your world, it will take time for them to get to know you and buy from you.
So even if you decide to throw money into ads, conversions can take some time (on average 37 touches with your content).
How to gain time building your online audience and email list
Gain time by creating content that can be found again and again by search.
My platform of choice is Pinterest:
It has the highest intention of buying users
You can create your Pinterest content in just 4 hours a month
Your content is searchable, so discoverable for years of traffic
Don’t know where to start with Pinterest? Here is my FREE cheatsheet with the 7 Essential Steps To Kickstart Your Pinterest For Traffic On Autopilot.
2. Your purpose: The must-have clarity to achieve your 6 figure money goals
It is about you
You quite certainly have online entrepreneurs you look up to. You want to be as successful as them (half of their success would still be fab!).
This creates inspiration and sets ambition but…
It is important that you think also about yourself. What you really want to achieve. What is your dream and what you will be happy with?
Your purpose: Be clear about what YOU want and why.
Clarity about your purpose will drive your brand messaging, content creation, goals, and priorities. Importantly, it will attract the right audience that will LOVE what you do.
Be clear about your mission and vision
At the beginning of pursuing online passive income ideas, you’ll catch yourself replicating someone else’s success while not spending enough time considering your strategy, goals, and priorities.
You might feel that business strategy is a waste of time. You wouldn’t be alone. Here is my own experience with business strategy:
At this stage for you and your online business, it is only you. No big cross-functional teams to gather in the room. Still the point is the same.
At this stage, you’re probably eager to run into DOING (for example getting your website done).
My friend, just wait for you to launch yourself into that endless to-do list. Spend some time defining your “why”.
Why you have started online
What you want to achieve
How you want to change others’ lives
It is one of the best investments in time you will make.
No need for it to take long. You just need CLARITY.
Otherwise what you create, and what you say will have no clear purpose, will sound like others, and importantly, when you hit some tough times (yes, they exist!), you won’t have something solid to anchor yourself to.
Also, don’t miss this special blog about how your core business values drive your business action daily:
Understand your ideal clients deeply
Imagine a waltz or a tango. When the dance comes together seamlessly, it’s when both dancers are in sync. Things flow naturally. It feels like they read each other’s minds.
Your 6 figure passive income business also needs that. You, my friend, are going to get intimate with your ideal client. Haha! Sound strange?
Here is what I mean:
Having answers to these Qs will transform your results.
It is paramount that you know how to answer these Qs without hesitation and with plenty of detail. It’s the foundation for your audience build, irresistible sales pages, email marketing with fab engagement, and products your clients LOVE.
Here is another free gift for you. My FREE Cheatsheet to leverage ChatGPT to research your audience and create content that delights them:
Time to set your 6 figure passive income goals and priorities
The good news? Time to bring it all together into your goals and priorities. But, be warned, spending too long just strategizing is a waste of time.
Some of us (yeap! I am one of them), love getting the detail right. The risk you run is to spend too much time in the planning and strategy phases before moving into action.
Seriously, many get stuck at this stage because they seek perfection or are held back by their insecurities. That was me too!
Obviously, I could write a whole blog on this subject. This is just a very quick summary.
In a nutshell, the more you have clarity when you start, the better, as you will have less rework and when you face challenges down the road, you have a purpose that guides you to keep on going.
Importantly, get into action. Don’t wait for all to be super clear. It will always evolve. It is a balance.
If you want to know how to set up goals you will achieve, copy my framework from 29 years of experience in business strategy and business planning:
Be realistic
Passive income ideas aren’t a 100m race, they are more an endurance one. In a 5000-meter race, when you use up all your energy at the beginning, you get exhausted fast and can’t find the energy to finish the race.
The comparison game is dangerous too. When you compare yourself with successful businesses, you can despair before you have given yourself a real chance.
The thing is, there is lots of marketing promising $1000s easily and quickly. I might shock you with what comes next… I like to keep it real around here, my friend! While you need ambition, go into it with the knowledge that get-rich-quickly-without-effort schemes do not tend to come true.
It can take longer than you think.
It is very common to see new bloggers anxious about their traffic not growing in the first 3 months. Any business has a setup period. Online business too! Expect it and don’t over-expect results. Progress is a great result.
So don’t overstretch yourself or over-expect lightning-fast success. When you set realistic expectations, you keep *focused*. Perseverance and focus are key.
Here are two techniques to achieve steady progress:
define a roadmap, a very high-level plan of what you want to have done by when
get an accountability buddy
With a clear purpose, your skills and a high level plan, you will get there.
3. Your tools: Get the right setup to save precious time
Online tools… what a nightmare of choice!
You can spend a considerable amount of time just reading reviews and comparisons between different apps and tools.
Then you start doing the sums. *Wow, I didn’t know I needed these tools! I haven’t got the budget for this!*. And then even more time reading and watching YouTube videos to try to use freebies. Feels familiar???
I’m quite a tech person (IYKYK: I get into CSS code). Still, I feel overwhelmed by online tools. So many systems to choose from and then master.
Here are my best online tools pick, that I use EVERY DAY. Let’s start with the one that will absolutely move your online business forward as a 6 figure passive income entrepreneur.
Forget the paper diaries (free!)
Think about what you are going to use to manage your workload. Start with this one thing.
Forget the paper diaries if you want to be efficient.
My absolute favorite is Asana to schedule your tasks into different projects with a single list of daily tasks, reflected in my calendar.
The best of it all? You can use the free version of Asana for project management. Neat!
Instead of going on and on here on how to use it I have something super special for you!
My friend Louise Henry’s FREE video workshop to learn how to organize your business like a 6 figure entrepreneur:
You can reflect on your workflows and processes in Asana and let the tool remind you what needs to be done when for you. Fab for peace of mind.
Using Asana helps you remove the need to remember so many things. That in itself removes plenty of overwhelm.
Here is a pro-tip that many forget to share when talking about any project management tool:
With Asana, you’ll gain focus, free time and peace of mind that you’re doing what it takes for your 6 figure passive income goals!
Your core business tools
To make it simple, there are generally speaking 3 types of choices:
the freebies / very low-cost tools. You use these generally speaking when you can only start your activity with a very low investment and you decide to go down the root of all free as much as possible.
the best of breed for individual functions but requiring integration, which frankly, when you start is yet another headache.
the all-in-one tools that may not provide the total flexibility of customization but provide the simplicity of one interface for many functions.
There are so many combinations. The above are just simple examples.
While it is understandable to start by minimizing your costs by using mostly freebies, be prepared for limitations, headaches, and quite probably complex migrations when you start growing and need to move to other tools with more functionality.
Be mindful of the standalone, best-of-breed tools. They can seem like THE best option. Their big disadvantage? You’ll need many, that you need to learn and integrate. Achhhh! That’s many different places for tool headaches.
My choice isn’t freebies or standalone-best-of-breed tools. I always choose SIMPLICITY and look at where my biz will ned in 6-12 months time.
So what do I use? Kartra, the all-in-one marketing platform where I get all of this in one:
email marketing
digital products set-up
sign-up forms
sales pages
sequence automation
sales funnels
media storage (video, graphics, PDFs…)
online course platform
online calendar for bookings
affiliate marketing
online surveys
online webinars
real-time analytics
Seriously, ALL of that is in one single tool. Mega cool!
Not only you will save months of tool learning curves, but you’ll also save so many tech nightmares and money!
Want to know more about Kartra? Here is my blog with all my experience, hacks, and a special offer for you.
Kartra will also provide you with an end-to-end view of your customers and your leads in one place. Very powerful when it comes to faster 6 figure passive income results.
Save time scheduling content weeks in advance
The day you discover the wonders of scheduling your content on Pinterest weeks in advance, you will save as much as a day per week!
For that, my choice is Tailwind.
I have a full in-depth blog with video tutorials on how to extract maximum value for traffic with Tailwind: Discover My Secrets To Maximise Your Website Traffic With Tailwind For Pinterest And Be Super Productive.
Don’t forget to “Discover My Secrets To Maximise Your Website Traffic With Tailwind For Pinterest And Be Super Productive":
Expect hiccups
Tech will always give some bad days, inevitably... don’t get frustrated! I love tech… but I also have days when tech can drive me crazy! 😂
The best with tech, when you start your online passive income ideas, is:
Keep it simple.
Minimise integrations between different software.
Complexity is the place for tech issues.
Use tools that offer 24/7 support and chats (check this before you buy).
Test, test, test before going live.
Anticipate what you do if something goes wrong. Do you have a backup plan?
Start simple and move the complexity up when you have more in-depth knowledge, and only if you need to.
Here comes an anecdote from my own experience on this:
Obviously, many times you get what you pay for. Freebie tools are tempting but may come with less support when needed.
When you hit an issue, be patient, and reach out to the tool support team and also to your community, to see if they can help you with their experience. And this brings me to the 4 pillars to eliminate your overwhelm to make your passive income ideas a reality.
4. Your processes: Work smart to make your passive income ideas a reality
Set up routines and workflows
As you start going through similar activities week after week, there is a certain pattern that will start to become clear. Those are workflows and routines.
You regularly follow a certain pattern to produce an output. This pattern is a workflow.
The quicker you establish your workflows and schedule the tasks in your week, the less you think about what you have to do and the more you just get on with doing it. The brain power does not need to wonder what is next, you know it.
As you develop routines in your online business, you’ll feel more in control.
I have my workflows reflected in Asana. That keeps me sane!
As your business evolves, you’ll adapt your routines and workflows. That’s perfectly ok. See what works and see what you think doesn’t and adapt it. Optimizing is great.
Now you know what needs doing. Bye-bye to feeling overwhelmed.
The 3 basic rules of productivity
Your next steps in the path to a 6 figure passive income business relies on these 3 productivity rules:
Learn to say ‘no’ to others and yourself, and prioritize.
Delegate: you don’t need to do it all.
Automate: Use tools that remove the repetitive, time-consuming tasks so you concentrate on spending your time on what you and only you can do.
Obviously, not everything should have a “no” as an answer. That’s where the art of being an entrepreneur comes. You can also delegate.
But what do I mean by delegating when you haven’t got a team?
As surprising as it can feel, you, my friend, can delegate day-to-day tasks to those around you. Let me explain...
If you want to get a full set of techniques to be focused and productive, don’t forget to check out my blog on The #1 Thing You Need To Be Productive:
Batch your work
Once you understand your workflows and have prioritized your work, you can take your ways of working one step up.
Instead of doing everything in a serial way, batch activities.
Batching is a very effective mechanism to focus on one type of activity during a certain time and maximize the outputs.
It is scientifically proven that your brain takes some time to change from one task to another. Multitasking is inefficient because of this.
When you batch your work, you maximize what you get done once your brain is wired and focused on a certain type of work. Super productive!
The efficiency of batching also comes from all the time savers related to the logistics.
Batching might feel a bit strange at the beginning. Just give it a go with one of your activities. Social media posts are a good way to start.
You will get the hang of it and once you have tasted it, you will be more inclined to batch more things. Not everything can be batched though!
Repurpose your content
As a passive income online entrepreneur, you’re going to put quite a lot of effort into creating your content regularly. To maximize the impact of one piece of content, repurpose it.
Repurposing means that from one piece of content, you reuse it in many different ways and platforms. This makes your content go so much further.
You’ll be able to increase the number of people you reach and your traffic from one piece of content. Fab, isn’t it?
If you want to discover many ways to repurpose your content, check out my blog on 41 Ways To Repurpose Your Content To Explode Your Blog Reach & Website Traffic:
Experiment and invest in personal development
Small changes can make a real difference. Sometimes you just need to try a different way to do a certain thing.
It is your business, It is your time.
Experimenting is a great way to optimise but changing constantly is inefficient. There is never a single way to do something, learn to find the ones that work for you.
Want to dig deeper into how to make money online? Here are, my friend, a range of blogs that do exactly that!
How To Make Money On Pinterest - 12 Ways To Make Money In Pinterest Today
Profitable Online Course Business Secrets Unveiled: The Blueprint For Results No One Talks About
12 Irresistible Money-Making Blog Ideas To Never Struggle With Creativity As A Content Creator
The 3 Secret Content Components For A Successful Free Online Webinar For Your Course Launch
9 Big Mistakes When Blogging To Make Money Online (And How To Fix Them Fast)
5. Your communities: Because going at it alone isn’t the answer
Now that you have seen the importance of your strategy, your processes, and your tools, let’s get into the most invaluable of your assets. One that will make or break your success with your online passive income ideas: your communities.
Your community of fans
In today’s world, your success is going to deeply depend on your ability to build a community of super fans. People who love what you do, who you are, and your values.
Note that I am not talking about your customers. It is a wider concept than just customers. Some will follow your accounts or join your email list because of your content. Many may never buy from you. Still, they will recommend you to others. They become far more important to your success than an ad campaign.
Provide value and maintain consistent and regular contact. Your community of super fans can also provide you with insights before a product development or testimonials.
So audience, audience, audience needs to be your motto.
Support communities
As well as your audience of super fans, It is necessary to find support communities around you.
These are communities you can go to for questions, doubts, challenges, help…
You have various types of support communities:
Your close circle of friends and other close online entrepreneurs.
Free Facebook private or public groups.
Private paying communities you have joined through courses or memberships.
What is essential is to have people you can openly approach in moments of need. Their help can be truly invaluable at crucial moments to make your passive income ideas a reality.
They are not your community of followers or email list. You should be able to reach for open feedback for instance. They can easily help with tech questions and so much more.
Nurture your support communities.
Give. Give. Give. When you will ask for support you will be more likely to get great value back.
Community is a pillar that many forget. Balance your time to build a community around you.
After years of growing my online audience, let me tell you, my friend, Pinterest is the place to inspire your audience (and where they take action!). Get started on Pinterest here:
Your BONUS tip: Your mindset brings it all together
You’ve made great progress, my friend! You know now how to approach the 5 pillars to make your 6 figure passive income ideas a reality:
Your audience
Your purpose
Your tools
Your processes
Your communities
I still have one important bonus tip for you… because you are still very likely to overstretch yourself.
Remind yourself that you are running your own race. Set your own rhythm.
Trying too much too soon will really generate anxiety. One step after the other is much better. Steady and constant progress.
This piece is more mental than anything else. It is important to be happy at your own pace.
Yes! Your mindset will be your biggest helper. So here is a list of great reminders to support a positive mindset:
Pursue a balanced life as an online entrepreneur.
Create boundaries between your free time and your business. Don’t forget to take days off! Give yourself permission.
Fail fast, learn, and move on. Move on from disappointments.
Celebrate small wins.
Dare to ask for help and support.
Don’t forget why you’re doing it.
Be aligned with yourself. Don’t try to be someone else.
And… enjoy the journey!
Until such point, I worked on building my growth mindset, but my results were lagging. I feared to show up, I didn’t believe in myself, I wasn’t behaving like the next version of myself.
So after a lot of learning through mistakes, up-skilling, and personal coaching, here are some blogs you can’t miss:
What next?
You got this!
The fact that you are pursuing your own online passive income ideas to make them a reality is a huge achievement. Feel super proud! Enjoy every moment, even the challenging ones!
Feeling overwhelmed is part of the journey. Now you have a structured framework to combat it and eliminate it.
And please, don’t forget to tell me:
Yet another HUGE thank you from me for being here until the end of this post.
I truly believe it is an absolute privilege to know that you read and find value in my blog!
Hi! I’m Isabel
For years and years I have created and produced content, in particular visual content. You can find me very often with my cameras and tripod out and about!
My passion: to help you with your online presence and drive business growth through my blog and visuals collections (marketing templates, styled photos & video).
Ah, I have also worked for 24+ in the corporate world, leading quite a mix: transformation, marketing, coaching, sales, productivity, programme management, investments and product management.
I love sharing all these skills with you in my blog.
I am also founder of Agavea Properties, our family holiday rental business. My husband and I lead it with the passion with one goal in mind: serving our customers to create a memorable holiday experience for them.
So there you have it, that’s me! Ah... I almost forgot, my happy place is by the sea.
Thanks for being here with me!