If you’re looking for a full time income from Android apps or even a second stream of income, you’re certainly not alone. One of the major allures of making apps for mobile phones is the opportunity to earn passive income – that is, income that continues even when you’re not actively working on it.
I recently wrote about this, but it’s not here on this blog. I penned a guest article for Internet Business Mastery recently, called “Passive Income from Android Apps – Surprises and Lessons”. Check it out if you are looking to build (or grow) a passive income stream from Android apps.
(Update, looks like the link is no longer valid)
While not all income from Android apps is entirely passive (I spend time making the apps, as well as working to get them noticed), an important point to notice is that even after I stop working on a particular app, it keeps making money. That’s a key requirement of passive income streams.
It’s more than just Money – it’s freedom
I’ve been a follower of Internet Business Mastery for a while, and it has really helped me understand what I’m really looking for – not just another job or extra money, but freedom from the constraints that kept me in a cubicle for many years.
This quest for freedom has been a major driving force in the decisions I have made.
If you’re not aware of Internet Business Mastery, be sure to check out their free audio product called “The Three Pillars of Designing your Ultimate Internet Lifestyle“. It will give you a lot of food for thought to determine what you want and how to go about making it happen.
Where are you headed with your Android apps?
Be sure to check out the article on passive income from Android, and if you’re looking to craft your lifestyle from your online-based business (income from Android apps) also be sure to check out their free audio download about designing your lifestyle.
Let me know what you think of the article, and if you’d like more posts on the subject – not just the technical direction for earning from your Android apps but how to build a lifestyle around earning income from your Android apps rather than working on an employer’s schedule.
How can I make passive income from the app industry.
Jimmy Faust
[phone number removed]
It depends on your level of experience with app development, and how involved you want to be with the initial process of getting things set up. You can either learn to write apps yourself, use a no-coding app creation service, hire a team to develop an app for you, or purchase an existing app. The more work you are willing to do up front, the less money it is likely to cost to get things set up.