Passive Income: Proven Ideas Of Side Hustles To Make Money Online (Get Financial Freedom With Blogging, Ecommerce, Dropshipping And Affiliate Marketing)

By Mark Johns

Use this ideas to immediately start your journey to financial freedom and apply it today!

This book contains proven steps and strategies on the secret to financial independence, numerous ways to make money while you sleep, proven ideas of side hustles that will get your time and freedom back.
You picked up a book on passive income, probably a little skeptical, but you obviously want freedom, but you are in a situation that constrains you. Doesn't allow you to fully be you and share some awesome with the world.

In fact, the millennials are struggling to save 20% of their first home deposit. A large number of people will retire having less than $100,000 in their bank accounts.

The easiest solution is to create passive income streams. The author saved more than $100,000 in less than three years, bought his first home, and bought a rental property. This success was possible as the author created passive income streams along with a busy day job.

The author wrote this book to discuss numerous solid battle-tested passive income ideas that work today. Each of these ideas has the potential to make you rich. It doesn’t take a lot of commitment and high investment.

Here Is A Preview Of What You'll Learn...

• Create your own automatic money machine
• Misunderstanding of passive income recognition
• Unexpected form of passive income
• Create your portfolio income model
• Passive income ideas
• A New Way of Thinking

If you have never tried generating passive income, you’ll find this guide very resourceful and give you a robust start.

If you have already tried earlier and failed, don’t fret. You need a step-by-step blueprint to start generating passive income.

Passive Income is your essential guide to generate multiple passive income stream, so you can work less and earn more.

Download your copy today!

• Language: English
• Publisher: Mark Johns
• Release date: Jun 16, 2022
• ISBN: 9791221355758

Book preview

Introduction

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Modern technology has provided many opportunities. The majority of people now own a tablet, a personal computer or smartphone. This can sometimes be from an early age. The internet has been a commodity since it has reached almost everyone. This has made it much easier. The good news? We have great opportunities. But, there are still risks associated with this fantastic technological age. Since you're reading this book, I suspect you are interested generating passive income. This is a fantastic idea. When you look online for ways to generate extra income, there are some things you need to be aware.

There will be videos and websites promising quick wealth if you follow a certain path to passive income generation. Although it sounds great, generating passive income is slow and hard work. When you are just starting out with passive income generation, it is difficult to get rich fast. Some websites and videos might even require you spend outrageous amounts of money to learn how to make extra income. Even if you do pay the required amount, you will still lack the knowledge or tools necessary to generate passive income.

To be a success in this business, it is crucial to understand that you will need determination and strength of will. You may feel like quitting after some time. Perhaps you think it is taking too much to increase your profit margin. Keep going even if it seems like you are losing your mind. Keep going! You must persevere! Passive income will take time to grow into more lucrative profits. Do not mistakenly think that passive income means you can relax and enjoy the flow of money. Passive income is not something you can just set up with a little bit of hard work.

The long-term approach to passive income streams must be incorporated into your thinking. It is important to not have a negative outlook. If you are willing, it will pay off. The majority of your work will include extensive research on a company or product. A lot of planning is required, including setting goals and deciding what you want to get out of the passive income stream. Part of the work that you must do is to learn. You want to know exactly what you are letting your mind into. The more you are able to learn, the better.

An educated process is more valuable than an educated guess. Learning will allow you to acquire all the skills needed to make passive income streams a success. Passive income can't be created and left running by itself. The passive income will not last if you aren't involved. For instance, the stock market could crash if investors decide to make a decision to invest. To avoid this, it is essential that you do regular research on the stock market and keep up to date with what is happening throughout the year. Also, remember that real estate can have maintenance and other costs. To make sure your investment in real estate is profitable, you need to manage it. Perhaps you will sell online courses. You can't simply sell the courses and forget about it. You cannot just sell courses and expect people to need support.

All of this has a positive side: The more you put in the better you will get. Your time is a valuable resource for passive income. With the right effort, it can grow and become more profitable.

This book will walk you through how to make passive income. We'll be focusing on the top ten passive income streams. These are the top ten streams of passive income.

* Rental properties

* Investing stocks

* Selling courses

* Peer-to-peer lending

* Creating a YouTube Channel

* Affiliate marketing

* Blogging

* Dropshipping

* Amazon FBA

* Print on demand

You should always do background checks on any person who provides you with information. Be sure to confirm that your sources are genuine. Do not trust anything that sounds promising.

The internet is a great tool for this purpose. The internet offers a wealth of information regarding people and businesses. It also provides details about how successful and legitimate they may be. Keep in mind that you shouldn't try to earn a single stream, but instead, aim for multiple streams of passive revenue. It is possible for a passive stream to go sour, and you will need backup if this happens.

Your passive income streams could eventually translate into a lot of free time. It is not enough to have passive income. Your happiness is dependent on how you use the time you're given. It is nice to have extra revenue, but true joy and peace will depend on the things you choose.

In the next chapters, we'll also be discussing other passive income opportunities. There are endless possibilities. Do you want more income? What are you willing do? Are you willing to work hard and put in the effort? If the answer is yes, then you can surely achieve wealth. This book will help you succeed!

Chapter 1: What's Passive Income?

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Passive income means earnings derived from rent, limited partnerships or other sources of revenue (in which an earner does not take a active part), Business Dictionary gives a brief overview of passive income.

The Noodles and Fish team endorsed the topic in Live Your Dreams via Passive Income. They stated that anything you can invest that pays dividends, is passive income. Anything that you can rent, sell or trade to someone else, be it physical, digital, or intellectual, constitutes passive income. Passive income is any income that pays out dividends, income, and royalties, but it doesn't require your continuous time input.

Passive income allows for you to grow your financial strength without having the need to dedicate much of your time and energy to a secondary source. You need to put in minimal effort to maintain it and keep growing it.

Why do you need passive income?

It is becoming increasingly popular to create passive income. People from all walks are using this opportunity for increased income and to keep their jobs. There is increasing interest in passive income. This may be a reason to create additional income.

These are just a few reasons that this income source is so popular.

It will help you make the best of your time

24 hours is the standard number of hours that everyone has in a day. No matter your gender, age, or status you are restricted to only 24 hours. This limits the activities you can take care of. This is the limit of what you can do each day.

If your current job is taking too much time, you may not have the time to do it all. Passive income allows for you to manage multiple jobs simultaneously. Your regular job is paid, but your money and ideas are earning extra income. This is how to make better use of your free time to increase your income.

It reduces fears of the future

Traumatizing things can result from your inability or unwillingness to pay your obligations. It can lead to anxiety and fear. We are all shocked at the possibility that our current income may not be enough to meet our ever increasing needs.

It is hard to be present in the moment when you are anxious. Fear of the unknown makes it difficult for you to enjoy what you do have. This reality and this thought may consume time and drain your energy. You may also feel depressed if you are surrounded by fear of what the future holds.

The fear of what-if can be a constant nightmare if you find yourself in such a situation. Desperation to fulfill your needs can lead to poor decisions. You are better off having an extra income source than you feel, especially if you're making enough money with your side hustle or regular job to pay your bills comfortably.

It is possible to get rid of anxiety, stress, worry, and other concerns. This relieves your worries and gives you the assurance that your future looks good. You won't even think about losing your job as there