Passive Income Ideas
$10,000/Month Beginners Guide to Make Money Online Dropshipping, Affiliate Marketing, Blogging, Amazon FBA and More
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Narrated by:
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Tom Brooks
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By:
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Michael Cruz
About this listen
The concept of making money when you sleep has drawn a crowd to the pursuit of passive income.
Theoretically, you put in some time and money in the start, then relax and let the money pour in when you focus on other things. This appears like a dream become a reality, but it’s mostly only a dream.
In today’s workforce, relying on one income source is risky. Job protection is rarely guaranteed, and a little extra cash is useful always. By using your primary income source to cover basic expenses, you may use extra income streams to pay off debts, reduce your economic burden, or avoid going further into debt when you are able to pay for larger purchases up front rather than with a credit card or loan.
Conversely, passive income is cash that continues to pay out following the initial work is done. Traditionally, income that were considered “passive” generally included money earned from investments in shares or profit acquired by a person who had invested in accommodations property but wasn’t involved in the management or day-to-day functions of that property.
This audiobook covers:
- Passive Income
- Dropshipping
- Affiliate Marketing
- Blogging
- Dividend Stocks
- Merch by Amazon
- Programs
- Amazon FBA
- E-book
- Online Courses
- Freelancing as a Virtual Assistant
- And more!
These are great ways to make passive income still, although they require a substantial investment right from the start. With the rise of the internet, the potential to develop passive income is around every corner if you know where to look, and you will get started with much smaller investments.
Although you absolutely can drastically reduce the amount of time you may spend working throughout the full week, a passive income stream won't be quite passive fully. In order to ensure you possess a well-curved understanding of all aspects of your business, it is suggested to be as included as you can be in the start. You can then outsource whatever you don’t want to do or that you aren’t well-suited for to experts, or automate with software.
Among the great perks of working online is that you can have got multiple businesses creating income for you without the trouble of owning or renting different buildings, hiring managers, personnel, maintenance, etc.; or trying to find and attract a person base in your area. Your online businesses could be available to anyone across the globe 24 hours a time, 365 days a full year. With outsourcing and automation, these tools can grow your client base and make you money any moment of day or night with minimal involvement on your own part.
It’s never too late to begin with building passive income, and you don’t need to be a trained businessperson to begin with building your own business online. If you are ready to put in your time and effort to learn and improve as you move, you can build an effective business and passive income stream in addition to anyone.
With an online business, you will be your own boss and work from you want anywhere. And the best part is that there is no cap on how much money you may make. With patience and persistence, you can perform the financial freedom we all fantasy of, and you can eventually reduce your functioning hours to less than those of a part-time job while still maintaining plenty of income.
Want to start your journey to financial freedom? Buy this audiobook now!
©2020 Michael Cruz (P)2020 Michael CruzListeners also enjoyed...
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Lost confidence in author
- By Amazon Customer on 07-11-20
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How to Day Trade for a Living
- A Beginner's Guide to Trading Tools and Tactics, Money Management, Discipline and Trading Psychology
- By: Andrew Aziz
- Narrated by: Kevin Foley
- Length: 6 hrs and 56 mins
- Unabridged
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Very few careers can offer you the freedom, flexibility, and income that day trading does. As a day trader, you can live and work anywhere in the world. You can decide when to work and when not to work. You only answer to yourself. That is the life of the successful day trader. Many people aspire to it, but very few succeed. In the audiobook, I describe the fundamentals of day trading, explain how day trading is different from other styles of trading and investment, and elaborate on important trading strategies that many traders use every day.
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Its a sales pitch
- By Xavier Foley on 02-08-18
By: Andrew Aziz
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Los secretos de la mente millonaria (Narración en Castellano) [Secrets of the Millionaire Mind]
- Domina el juego de la riqueza [Mastering the Inner Game of Wealth]
- By: T. Harv Eker
- Narrated by: Ivan Villanueva
- Length: 2 hrs and 17 mins
- Unabridged
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El autor estaba en bancarrota, en solo dos años y medio se convirtió en millonario y construyó una de las más grandes firmas de consultoría para el éxito. Con sus enseñanzas ha tocado la vida de millones de personas. Este audiolibro te enseña a observar como piensas. Es un reto a tus ideas que te limitan, a los razonamientos que no te apoyan y a tus acciones con respecto al dinero.
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El libro está bien, pero ES VERSION RESUMIDA
- By alexnvlp on 08-24-23
By: T. Harv Eker
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Plan Your Year Like a Millionaire
- By: Rachel Rodgers
- Narrated by: Rachel Rodgers
- Length: 2 hrs
- Original Recording
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Plan Like a Millionaire is part of a riveting three-part series, and it's all about elevating your game and setting goals like a seven-figure earner. In this wealth-inspiring listening journey, Rachel reveals the secrets of how to set goals, manage time wisely, build essential support systems, break free from financial constraints, and make savvy money decisions.
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Feel Good Book, only
- By Maggie on 01-06-24
By: Rachel Rodgers
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The Little Book of Common Sense Investing
- The Only Way to Guarantee Your Fair Share of Stock Market Returns, 10th Anniversary Edition
- By: John C. Bogle
- Narrated by: L. J. Ganser
- Length: 5 hrs and 50 mins
- Unabridged
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The Little Book of Common Sense Investing is the classic guide to getting smart about the market. Legendary mutual fund pioneer John C. Bogle reveals his key to getting more out of investing: low-cost index funds. Bogle describes the simplest and most effective investment strategy for building wealth over the long term: buy and hold, at very low cost, a mutual fund that tracks a broad stock market Index such as the S&P 500.
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One star for every point this 5 hour book makes.
- By Matt on 01-31-19
By: John C. Bogle
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The Millionaire Fastlane: Crack the Code to Wealth and Live Rich for a Lifetime
- By: MJ DeMarco
- Narrated by: MJ DeMarco
- Length: 12 hrs and 46 mins
- Unabridged
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Since you were old enough to hold a job, you've been hoodwinked to believe that wealth can be created by blindly trusting in the uncontrollable and unpredictable markets: the housing market, the stock market, and the job market. I call this soul-sucking, dream-stealing dogma "The Slowlane" - an impotent financial gamble that dubiously promises wealth in a wheelchair. For those who don't want a lifetime subscription to "settle-for-less", there is an alternative.
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Excellent!
- By Iray007 on 09-22-15
By: MJ DeMarco
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The 1-Page Marketing Plan
- Get New Customers, Make More Money, And Stand Out From The Crowd
- By: Allan Dib
- Narrated by: Joel Richards
- Length: 6 hrs and 31 mins
- Unabridged
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To build a successful business, you need to stop doing random acts of marketing and start following a reliable plan for rapid business growth. Traditionally, creating a marketing plan has been a difficult and time-consuming process, which is why it often doesn’t get done.
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You Need to buy Book to get key info
- By Rosie's mom on 10-23-18
By: Allan Dib
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Six-Figure Side Hustle
- By: Rachel Rodgers
- Narrated by: Rachel Rodgers
- Length: 3 hrs and 42 mins
- Original Recording
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Rachel Rodgers, financial maven and heralded author of We Should All Be Millionaires, has created a groundbreaking new Audible Original series with Six Figure Side Hustle. In this installment of a dynamic three-part audio journey, Rachel unveils the blueprint for turning spare time into a $100,000-per-year side hustle in just three months.
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Not For YOU!
- By S. Seigel on 03-02-24
By: Rachel Rodgers
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The Most Important Thing
- Uncommon Sense for The Thoughtful Investor
- By: Howard Marks
- Narrated by: John FitzGibbon
- Length: 7 hrs and 9 mins
- Unabridged
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Howard Marks, the chairman and cofounder of Oaktree Capital Management, is renowned for his insightful assessments of market opportunity and risk. After four decades spent ascending to the top of the investment management profession, he is today sought out by the world's leading value investors, and his client memos brim with insightful commentary and a time-tested, fundamental philosophy. The Most Important Thing explains the keys to successful investment and the pitfalls that can destroy capital or ruin a career.
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Five Star Book, two Star Audiobook
- By Johnny on 06-08-15
By: Howard Marks
What listeners say about Passive Income Ideas
Average customer ratingsReviews - Please select the tabs below to change the source of reviews.
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- Anonymous User
- 08-19-21
Very basic
There is nothing specific about the topic but a very broad spectrum on most of the passive incomes .
Ok
Recommended to someone who is still brainstorming.
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