Skip to main content

9 Passive Income Ideas - How To Make $27k per Week


In this video we will talk about 9 passive income ideas with real examples, some of which have enabled him to earn $27,000 per week.

Topics

  • 00:00 - Intro
  • 02:20 - Investing in stocks and shares
  • 07:07 - Starting a YouTube channel
  • 10:36 - Starting a podcast
  • 13:35 - Becoming an affiliate marketer
  • 16:50 - Selling a digital product
  • 18:53 - Selling a course
  • 23:36 - Building a membership community
  • 26:12 - Automating a business
  • 28:00 - Building an app or website

What It Takes To Earn Passive Income

Passive income streams require an upfront investment and nurturing in the beginning, but eventually generate consistent revenue without much effort.

Passive income streams can help you increase your earnings and accelerate your financial goals, such as getting out of debt.

Passive income streams require at least one of the following two elements: an upfront monetary investment or an upfront time investment.

You can't earn residual income without providing at least one of these two things.

You can become financially free when your passive income exceeds your expenses, even with the best job in the world.

Passive income can be created in several ways, including property rentals, dividends from investing in stocks, and royalty payments from intellectual property.

Passive income isn't a get-rich-quick scheme, and it certainly isn't "free" money. It involves work, and all passive income opportunities require maintenance to keep the money flowing.
Labels:

Comments

Post a Comment

You are welcome to share your ideas and thoughts with us in comments!

Popular posts from this blog

What are the major characteristics of philosophy

7 characteristics of philosophy: a doctrine that encompasses a great deal of logical and methodological studies that seek to answer questions of interest to human beings such as existence, truth or knowledge. Characteristics of philosophy A great deal of humanist and scientific knowledge has emerged from philosophy, which has been of vital importance for the development of humanity and for providing answers to an infinite number of existentialist questions and doubts, among others. The main characteristics of the philosophy are presented below. Universality Philosophy encompasses a large number of branches of knowledge in order to build a general and common idea of the truth of the universe that can be understood by all people. For this reason, philosophy makes use of various areas of study i
3 comments
Read more

Call of Duty Mobile: how to connect the controller? (PS4 and Xbox)

Along with the Zombies mode came the expected support for controllers for Call of Duty Mobile. How to connect the controller? (PS4 and Xbox). How to connect a controller to your phone to have a more satisfying experience with Call of Duty Mobile.  We explain how to perform the process on iOS and Android. Call of Duty Mobile Season 2 update: It's finally here, support for the PlayStation 4 and Xbox One controller! On-Call of Duty Mobile. How does it work Support included for the PlayStation 4 DualShock 4 and the official Xbox One controller. The 1st generation versions of the official PS4 controllers are not supported. Support for the third party controllers, not included. Controls will only work in games and not in menus. They must enable the controller settings in the game before synchronizing their wireless controller. Matchmaking Players will only paired with other players who use controllers. However, if you are in a group and one of the memb
Post a Comment
Read more

Windows 10: Activate and set the equalizer

Often, the sound of music, videos, or computer games sounds a little strange. It is possible to adjust individual levels with an equalizer to achieve the desired result. Unfortunately, the sound enhancement function is a little hidden under Windows 10. But no problem. We'll show you where to activate them and set them accordingly. Graphic equalizer in Windows 10. How to activate the equalizer in Windows 10 Right-click on the  "loudspeaker symbol"  in the system  tray  at the bottom. Then select  "Open sound settings". In the new window, click on the entry  "Device Properties" . A new window will open. Select  "Additional device properties"  under  "Related settings"  and click on it. The driver options for your sound card or the chipset will now open (depending on wha
1 comment
Read more