Make Money Organising Public Domain Information
In today’s world we don’t suffer from lack of information, we suffer from lack of accessible information…the kind that is organised and easy to use.
If you can organise an unwieldy body of knowledge into one tight, succinct set, you can charge for it like a Mofo. (I apologise for not setting a very good example with this comprehensive and structured article on all the different passive income streams around ;).
Now, I’m definitely not suggesting you go out and do the organising yourself, as this is low-level work you should outsource – it’s freaking data entry half the time.
To give a little more illustration to this idea let me give an example; say I’m a law student trying to get a job, what would be really helpful are the phone numbers of all the local law firms in my city (I mean all of them, not just the 7 that pop up in Google when you search for “law firm Solihull”).
So here you are thinking, hey I can get a VA to scour all the public records for this info, compile it and then organise it into a database.
Now we have something to sell to students from the local law school, or through Facebook, Google Ads or better yet, an S.E.O optimised blog.
If this works (or any other compilation idea), who says I can’t scale it and do it for lawyers in Birmingham, etc etc. I’ve just created an “Exclusive Networking Contact Database” for aspiring lawyers looking to land £100,000+ jobs.
There’s gold in them databases!
Our goal is to find multiple income streams, and the more passive the better.