Great post , I do read a lot of the Nichehacks articles and this one is so true. At the moment I am in a niche I'm passionate about and yes although I am primarily using Amazon to monetize my site, I will be branching out to use other methods very soon. It frightens me to think the plug can be pulled at any time! I intent to use other affiliate programs as well as Amazon, maybe Google Adsense, I'm not sure yet, some digital products and also to build an email list.
Online savings accounts usually come with substantially higher interest rates to help you grow your money faster (regular in-person banks can’t offer rates as high). Banks like CIT Bank and Discover Bank (among other top players in the industry) are great because their interest rates are often over 20 times higher than the national average. That means the money in your savings account will grow 20 times faster than the pace it’s most likely growing at now.
Your success depends on multiple variables James, like how much knowledge or have (or don’t have currently), how much work you put into developing your business, how consistent you are, how long it takes for you to learn the process and how you put the process to work. Some folks can start earning money in as little as a few weeks, some months and others several months. It really just depends on the individual and how motivated and committed they are.
Considering that you have a finite amount of time, passive income should make up a large part of your work. If you're serious about generating any semblance of income online, then passive income should be one of your sole goals and ambitions. Why? Wouldn't you prefer to do the work one time and get paid repeatedly as opposed to relying on your time to generate that income? Invest the time at the front-end so that you can reap the benefits on the back-end. This means putting in a bit of sweat equity and not getting paid today. Rather, you'll get paid somewhere down the road. And you'll continue getting paid whether you keep building that passive income stream or you stop. 
Music may perform better than books and other products, mainly because you can listen to the clips of an entire album in roughly 10 minutes and get a good enough feel for it without buying it to write a short review. If you have another topic that you're passionate about, great, but make sure you have a unique angle on the topic. People can get reviews about a lot of those consumer products anywhere. You need to give them a reason to visit your site.
Frank, my Girlfriend invested in a system called Digital Altitude some time back, not quite sure what that system consisted of as it sounded a bit strange to me a retired Automotive Tech of 40 plus years! Of course I invested in her hoping it was legal and something legit… Well they are being temporally shut down by the Federal Trade Commission while they’re being investigated… Was going to suggest Wealthy Affiliate! So has Wealthy Affiliate been checked out?
Next, you need to set up and build your YouTube channel. Your YouTube channel is your homebase for all your content. If you already have a Google account for Gmail or Google Drive, then you can use that to log-in to YouTube and start setting up your channel. Pick a username that works for you and is memorable (if you’re using an existing Google account you’ll have to edit your username in Google+).
After years of searching for legitimate way to generate passive income online I found THIS PROGRAM that helped me to start this website and consistently generate monthly residual income. Here is my message to everyone: I strongly believe you should: "Never Settle for Less in Life and Stop Thinking You Have to Save Money Your Entire Life but Instead Learn How to Create Residual Income" - this will change your life I promise!
2. InboxDollars – InboxDollars is similar to Swagbucks, since you’re going to be taking surveys, shopping, etc., so if you want to maximize your return, sign up with both websites. They also offer a search engine that pays you (like Swagbucks) and you get $5 just for signing up.  I won’t continue to list survey sites one after another down the list, but if you want to get paid to take surveys, also check out GlobalTestMarket, E-Poll Surveys and Survey Club.
23. Affiliates – There are many affiliate networks, such as FlexOffers and CJ Affiliate that allow you to promote other people’s products and services. You simply put a link or a banner on your page and then you get a percentage if someone clicks through and buys the product/service. You’ll want to select products that are specifically within your blog’s category.This is an effective way to earn money once you have the traffic coming to your blog.
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