There’s a new passive income stream you should know about – making money from your personal data. Here’s why this is important.
1 – Currently, big tech and the advertising industry profit handsomely from your data for targeted advertising purposes, yet you don’t see a penny of compensation from it. There are a host of companies now including Invisibly that are actively working to change this, and to change the advertising industry in general, to a 100% consumer-consented and consumer owned data model.
2 – Changing an entire industry to a consumer-consented model takes participation, and just by signing up with Invisibly and getting paid for licensing your data, you can be part of the solution to this problem. Yes, just by adding a source of passive income to your life you can do some good in the world.
3 – Start small now, get big returns later. Invisibly hopes within the next 2 years to enable you to earn approximately $1000 a year for your data. Currently you’ll get a few bucks a month, but soon, that could be approx $100 in passive income, and this is just from Invisibly. When you add in the other platforms now starting similar models for licensing personal data, you could earn some real passive income, with very little effort. What could a couple hundred more dollars a month do for your life?
“We’re making it super simple to share and license your data with Invisibly and make money from it, and by doing this, you’re also helping change the way data is obtained to a 100% consumer-consented data model.” says Dr. Don Vaughn, Ph.D., Head of product at Invisibly.
If you’d like to learn more about why taking control of your data and making money for it is an industry game changer,a s well as the next wave of passive income, I’m happy to arrange a zoom/ phone or email interview with regular media contributor Dr. Don Vaughn, Ph.D.
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