Passive Income - Beginners Guide: Proven Business Models and Strategies to Become Financially Free and Make an Additional $10,000 a Month

By Joel Jacobs

If you want to learn how to achieve financial freedom by creating passive income, explore the most effective strategies in one of the best guides available

 

Did you know that there are excellent sources of passive income that do not require a special education or a lot of effort?

 

While there are many sources of passive income that actually work, many people fail on this path. Why is this happening? The main reason is that these people do not understand which direction to take and which strategy to use.

 

In this simple and comprehensible guide, you will:

• Explore how to generate a flow of income separate from your day job – with little to no effort and without active involvement in operations to create and maintain additional income
• Simplify for yourself the process of getting started in creating a passive income – By starting now in just a few months you will be benefiting, due to a well-defined and thought-out strategy
• Acquire valuable knowledge about various types of marketing, which will help you to build your own effective strategy and model for passive income
• Get to know potential pitfalls, which will allow you to successfully avoid them
• Create your financial security for the future – become an entrepreneur whilst avoiding most of the major risks
• And so many more tips and benchmarks!

So, why not explore the best strategies for creating passive income and start applying them in practice, with "Passive Income - Beginners Guide"

So what are you waiting for?

• Language: English
• Publisher: Joel Jacobs
• Release date: Aug 30, 2021
• ISBN: 9798201512194

Book preview

Joel Jacobs

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The content contained within this book may not be reproduced, duplicated or transmitted without direct written permission from the author or the publisher.

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Please note the information contained within this document is for educational and entertainment purposes only. All effort has been executed to present accurate, up to date, reliable, complete information. No warranties of any kind are declared or implied. Readers acknowledge that the author is not engaged in the rendering of legal, financial, medical or professional advice. The content within this book has been derived from various sources. Please consult a licensed professional before attempting any techniques outlined in this book.

By reading this document, the reader agrees that under no circumstances is the author responsible for any losses, direct or indirect, that are incurred as a result of the use of the information contained within this document, including, but not limited to, errors, omissions, or inaccuracies.

Table of Contents

Introduction

Chapter 1: Affiliate Marketing

Chapter 2: Network Marketing

Chapter 3: Dropshipping

Chapter 4: Selling on Amazon

Chapter 5: Digital Goods

Chapter 6: Trading and Investing

Chapter 7: Rent Your Space

Conclusion

References

Introduction

When you are working for someone else, they have control over your pay. Even if you have been working the same job for ten or more years, keeping this job is never guaranteed. The company you work for could get sold, go bankrupt, or decide to move locations, leaving you suddenly unemployed and without pay. What’s worse, depending on the job market and your professional career, finding another job may not be quickly accomplished. For this reason, and among others, more and more people are turning to ‘side hustles’ to bring in a second income.

A passive income stream allows you to generate a line of income separate from your day job. Passive income refers to earnings that require little to no effort to earn or maintain—like a rental property or other enterprises where you do not have to be actively involved in operations. It gives you a little extra security and relief knowing that whatever happens with your 9 to 5, you won’t have to worry about paying bills or putting food on the table. With a passive income stream, you can be as active or passive as you wish. You can put the work in once and then allow some money to trickle in for months and years later. Alternatively, you can maintain a profitable business that allows you the freedom to live the life you have always dreamed of.

This book is designed to simplify the process of getting started and maintaining a passive income. Whether you have a demanding career already or are staying home to raise your children, anyone can create a passive income. Learn how to generate more money each month to set aside for a rainy day, quit your day job, or put towards your future home. To truly have financial freedom, you need to have money coming from more than one source. Many of the ideas in this book require little