I know what you’re probably thinking…
Membership sites require monthly updates so how can it truly be a source of passive income?
The truth is, you can create all the content upfront and then drip-feed it to your members so that they are given access to new material every 30 days.
Sure, you’ll spend some time upfront getting the membership site ready and creating enough content to sustain members for several months, but once you have laid out the groundwork it can run on almost complete autopilot. Then you can spend whatever time you wish working on new content for a future update.
Membership sites can also be set up where it simply provides access to fresh content on a limited cycle, such as a 6-month membership site that ends with a final update.
For example, a subscriber would join and be able to access content from month 1. Perhaps this is a series of eBooks, or video training.
Then, that subscriber would then pay for access to the second month’s content. Their member’s area would automatically update to include the next month’s content and so on.
By the end of the membership cycle (month 6, in this example), they would pay one final time to receive access to the remaining training tools. Then once that final month has been billed, no further content is provided and billing ends.
There are many ways to create membership sites that can run on autopilot, or that require very little work. It’s entirely up to you how much time you spend on your website and whether you decide to create most content upfront and limit its cycle, or develop a continuity website that needs regular updates.