Make $10K a month in passive income

If you want the freedom from a 9-5 job, value time with family and friends, and want to make a ton of extra cash, you’re in the right place. $10,000 a month in passive income could be yours if you create a paid community on the Declaration platform. By curating a niche audience based either on your job, skillset, or passion, you’re able to find high-quality group members to turn your community into a success that pays you a ton of dough. 


Which platform is right for you?

Suppose you already have an audience and want to build a paid business community. In that case, you’ll want to consider which online platform you should use to add value to your brand and create an effortless experience for your customers. The goal is to create an easy way for your audience to connect with each other over mutual interests.


However, Facebook has been under fire for a long time for issues including hate speech, misinformation, and the increase in bots.


Some consider turning to Facebook groups to fill this need. However, Facebook has been under fire for a long time for issues including hate speech, misinformation, and the increase in bots. This situation seems only to continue to grow worse. 

Other community platforms you may find online are a marketing technique for the owner to sell their own products or tools. You’ll end up losing your audience because of the one-way conversion being pushed on your customers and lack of complete control over your audience.

Instead, you want to choose a platform that is easy to use, creates exclusivity, and highlights high-quality members. This allows your business to add value to your community and add value to each other.


How to stand out in your paid business community

Paid business communities offer a lot of value if they are designed for a curated audience to share their knowledge or share similar goals. Your competitive edge is creating a specialized community that attracts high-quality members. 

Many examples show how you can do that. For instance, Shaan Puri started a digital club for E-Commerce owners that generate $100K a month in revenue to be accepted. Or a stock trading group that provides 10x value for its members to ensure they succeed and make more money.


The goal is to create a specialized niche that will attract a smaller population of highly passionate people who want to thrive and grow in your specific topic.


The goal is to create a specialized niche that will attract a smaller population of highly passionate people who want to thrive and grow in your specific topic. At first, you’ll have to create a lot of the content to set the collective culture, but once it’s up and running, the community will run itself, and you won’t have to post as often. 


In conclusion, create a private community to make extra money

If you have an audience and want to start a business overnight, Declaration might be the right place for you. It costs nothing to create a space, it’s designed for lean teams to run a network, and we leverage the networking effect to scale your membership fast. If you’re ready to make the best decision for your business and audience, sign up today to get started.

 

Yogi Naraine

The founder of Declaration. Helping people succeed faster by giving them the tools to learn from those who came before.

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