A time freedom business gives you both money and time. For many, time is more important than money. Would your life improve the most if you have more time or more money?
Most people sell their time for money and so are forever trapped by this relationship of exchanging their time for money to live. But what if you could break this cycle? What if you could earn money automatically without trading your time for it? You can, and one of the best ways to do this is through selling other people’s products online, and earning commissions from sales.
One of the best time freedom business models is known as affiliate marketing. Anyone can become an affiliate and use existing products and services to profit from. By selling recurring income affiliate programs such as membership products or software, you can build a passive recurring source of income from anywhere in the world. What’s even better about this business model is that you can also build it around existing work and commitments. The fastest way to build a time freedom business is with a digital business system which is already built.
Time Freedom Business
A time freedom business is something worth pursuing because it can eventually pay you a nice passive income. But in order for it to be successful, you need to give it some time and learn how to build it (start here). One of the best affiliate marketing business models is to use a product “suite” rather than selling only one product. With a range of products to sell, you can earn far more than with only one product to sell.
Plus, if you also use recurring income products such as memberships and software, you stand to earn much more. High ticket products and multi tier commissions are other considerations too. With these kinds of digital products in your sales funnel, you can benefit from the highest commissions structures in the affiliate industry. This means you can also use paid marketing and build a time freedom business much more quickly. See also fastest legit way to make money online.
Other low paying affiliate products, such as physical products, are much more difficult to sell, in part because using paid advertising to do so gives you less leeway. A physical product sold for $100 might pay only $3 in commission, (at 3% for example). Whereas a digital product which sells for $1000 can pay out more like $400 in commission, (at 40%).
If the same amount of work goes into selling affiliate products, whatever they are, surely you would choose to promote the higher paying products.
Digital Vs. Physical Products
Digital products are products such as software and memberships. These kind of products typically pay much more than their physical counterparts. Physical products like those you’d find on Amazon, for example, tend to pay between 1% and 11% commissions. So in order to be profitable, you would need to sell in bulk. With a membership product which carries a recurring commission, you can generate a good monthly income from only selling a handful of items.
Physical products pay very little in compensation to affiliate marketers. There’s much more cost involved in manufacturing and shipping with a physical product. So digital products can offer a better bet for a time freedom business.
The margin is small for physical products and this makes it more difficult to use paid marketing techniques to sell them. Content marketers build content and drive sales through it, which is a way around this. But this can take years to create and it’s an incredibly slow method of selling items online. Paid marketing on the other hand is very fast. But in order to profit from using paid marketing, you need a business model with a good commission structure and multiple earning methods. See SFM Digital Business System.
What A Time Freedom Business Can Give You
It’s important to set some realistic expectations with a time freedom business model. It’s still a business and not a “get rich quick” scheme! You’re ultimately responsible for the success or otherwise of an online business venture. However, the time freedom business model can give anyone the ability to completely replace their existing income, work from anywhere, and even build their online business around existing work.
It can give you complete financial, geographical and time freedom! Surely that’s something worth working really hard for! If you don’t think so, it might be that entrepreneurial life isn’t for you!
If you’re serious about building a time freedom business then access a free video series by clicking on the image below. You’ll learn the different online business models you can use to build a business which can give you more control, financial certainty and greater flexibility and freedom!
