“I am new to the world of Passive Income and this book is a great start for anyone starting out. Some solid ways to start and I am currently in process of starting a blog and this book has been a great help. Thank you."
A passive income, also called a residual income, is simply the money you earn when you are not actively working. If you are actively working, it means you will receive some money (active income), which, when you stop working, you stop earning. With contract work or active work, you have to do some work to receive pay. In other words, you MUST exchange your time (hours, minutes, days, weeks or even months) for pay. In that case, if you are not working, you cannot be paid; it is simple logic!
Online investments are a true deal. If you are doubtful of this, just look at Mark Zuckerberg, the creator of the Facebook. Can you guess his worth? He is worth about $53.5 billion and his worth is rapidly increasing on a day-by-day basis. Do you know what perhaps makes Facebook, which has been in business for slightly over 13 years (founded in 2004) such a huge success? Well, because it is deployed on a massive scale through the internet; all that the employees at Facebook need to do is to keep the system functional (system in this case is website, servers, new functionalities etc.) and the rest is income being made on autopilot; no one goes to a Facebook offline shop to make a payment- everything is done automatically! Well, you don’t have to create the next Facebook; the point I am making here is that once deployed, the earning potential is literally limitless!
Some of the benefits you can get from an online passive income include the following: You Become Your Own Boss, Lower Taxes, Unlimited Income Potential, Creativity Freedom, Location Independence
Because it is gaining rapid popularity, online passive income streams are generating tons of myths and misconceptions. Let us bust some of the main ones: You Just Need a Couple of Days to Make Thousands of Dollars Passively Online, Passive Income is 100% Passive, Having Employees Will Make Your Work Harder, It Is Easy Money
There are many online business ideas you can start today and start earning a passive income. Some of these include: Make Passive Income Through Blogging, Make Passive Income Through Affiliate Marketing, Make Passive Income By Creating Your Own Product and Selling It Online, Make Passive Income With Membership Site, Make Passive Income With Peer-2-Peer lending
Hi, I’m Lela Gibson and welcome. Here’s a little bit about me: I’m an internet entrepreneur, health & fitness enthusiast, and world traveler. I believe we live once and we need to take advantage of it. I believe life is beautiful but short too, so we need to live life to the fullest.
At my childhood, I began to plan my future businesses and since then I had some offline businesses in Budapest, Hungary. Not long ago I started online business too and finally I find my passion. The past years I learnt a lot and I want to share my experiences to the world because I want more happy people in the earth.
I started to write Kindle books because I want to give. I want to give as much support as I can. My life has truly changed but I did a lot for that and it was so much time for me. Now I want to share all these experiments and knowledge with people, who would like to grow. I would like to help you improving your health and fitness (in my opinion this is the most important) but I also like to share my experiments about creating more freedom, motivating you and much much more. So thank you for being here and I look forward to seeing you more!
“Great beginners guide to making money online. Well written, with easy to follow instructions and guides!"
“Solid book. Solid action steps. My highest recommendation."
“This book explains a lot about what a passive income really is. This book give a clear idea on how to spend the rest of my life trying to accomplish. Also give some ideas on how to start making some passive income online and steps to start on those ideas."
“This book is inspirational and provides the fundamentals for starting your own online business. Good read and some actionable steps that gets you started today."
“I love everything about this book! It has a lot of good ideas and shows you how to do it step by step. Don't walk RUN and get this book. If you apply the steps it will change your life."
“With Passive income we earn whether we/you work actively or not.This book helps me to understand the nature of passive income.One thing I always keep in mind that I have learn from this book is that the internet has a way to earn passive income."
“For anyone needing a roadmap to get started this is a solid book. Follow the steps and recommendations and take action."
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