Have this phrase broken through your life at least once? I think so, most of us want to be paid when we are sleeping, resting or on vacations. Is there a way to turn your dream into a reality? As a matter of fact, it is possible?
Here is the answer you are waiting for: Passive income. You get money for your previous efforts. "You earn money while you sleep".
Let me explain what I mean; in general we have two categories of income:
- Active income
- Passive income
Active income means: You get money from business participation (salary, dividends, interest, capital, bonuses?)
Passive income means: You get revenue that does not demand your direct involvement, at least after your first work.
Would you like to have more time to do the things you love? Passive income comes and rescues you, giving you the chance to begin a quality life. It offers you economic freedom, and much, much more. What are the benefits?
1.- Requires from you only a first effort
2.- After starting, it works in auto pilot
3.- Decide when, and where you work
4.- Multiple income streams
5.- Free time, used it as you want
6.- Secure your life...
Some sources of passive income include:
- Royalties (from patents?)
- Network Marketing
- Income from a standalone business
- Property rentals
- Investments
- Creative Work
- Insurance renews
- CD (Audio, Video) Sales
- E-book Sales
- Software Products...
Whether you're just starting a business, or running it from time now, start shifting your model to create more passive income, and soon, you can achieve personal and financial freedom.
Passive income is more common in the off-line world; people says "around 80% of passive income scenarios stem from real estate investments". Despite this fact, there are interesting alternatives if you are running an online business.
1.- Affiliate Programs ? Look for companies that offer large commissions, and track clients for multiple sales over a long period of time, preferable lifetime commissions .
2.- Your own informational product - You can create an e-book and sell it on the Web. It is a fact; People needs and wants information.
3.- Software products ? Are you a software developer, or have a developer team, or have a good idea and hire someone else to carry out it? This is your golden chance.
4.- Do You have a site that attract visitors? You have some advantages: Rent space for banners or links
5.- Include Google Campaigns (AdWords, AdSense): the number of visitors that click on the advertising says how much you earn.
6.- If you are an expert in your field, create a membership site, and charge for your services.
7.- Resell services: such as hosting, domains?
You have different choices to create passive income across a diversified amount of opportunities. It may be income coming from the same customers, or revenew from new customers. It may require no personal involvement whatsoever, such as an e-book, or software sold on a web site.
Building multiple passive income streams is the best way to secure yourself for the future. Protect yourself against eventualities, plan for the coming events.
Chen Zarza Webmaster and Project leader, 20+ experience in the information technology world. He has developed financial systems for several years. Background: Databases, Web , Finances http://www.nesswords.com
Many people fail to realize how they can really make... Read More
"Here's A Quick and Simple Way To Find Hot... Read More
1) Web SiteThis is for sure the most important part... Read More
The average person today is exposed to a never-ending deluge... Read More
Did you know that, on average, only 2% of visitors... Read More
Most people get into internet marketing because it looks like... Read More
The use of tracking links in the following scenario puts... Read More
Regardless of what you're trying to sell, you can't sell... Read More
What is the most important skill you can possess as... Read More
The use of free, relevant and meaningful content can single... Read More
Perhaps the online community today is not so different from... Read More
Viral marketing is probably the number one method for generating... Read More
What if you could send out all the information that... Read More
How much does an advert in Yellow Pages cost? How... Read More
After years of gut wrenching work and stress the home... Read More
I think we all cringe and dread when we open... Read More
When I started submitting Ezine articles, I never realized their... Read More
Question: How to deal with ultra skeptical offline or be... Read More
Did you ever wish that you could sit at the... Read More
Do web surfers really bookmark websites anymore? A good friend... Read More
If your website sales are down and you desire to... Read More
There is an interesting phenomenon on the Internet and that... Read More
For some reason, people who look to the internet to... Read More
There are a few internet marketing online secrets that when... Read More
Think about everything you can do in your business that... Read More
I just spent the last week in two very different,... Read More
Today, the internet has become part of our life. We... Read More
Have this phrase broken through your life at least once?... Read More
Many aspiring Internet marketers hear all of the talk about... Read More
If you haven't heard the word 'niche' being batted around... Read More
Money may well make the world go round, but facts,... Read More
Let me reveal to you a few shocking website sales... Read More
Returns had been steady since I created www.howtoproducts-xl.com back in... Read More
Analyzing your web traffic statistics can be an invaluable tool... Read More
Real estate has made many people large amounts of money... Read More
Many of us in the marketing services and/or agency business... Read More
Go for the bronze.Repeat...go for the bronze.That's right, DO NOT... Read More
What secret dreams do you have for your Internet marketing... Read More
1. Offer to write exclusive articles (that means you only... Read More
I was privileged to have a good friend and great... Read More
Critical Mass Website Promotion is the elite goal rarely attained... Read More
Joint Ventures (JVs) are one of the most powerfull techniques... Read More
Welcome,Over the past five years I have learnt many tricks... Read More
A recent newspaper review of a new book, Selling Sickness,... Read More
Have you ever seen the movie "Pay it Forward"? This... Read More
By writing articles you can send targeted traffic to your... Read More
If you're in the business of marketing online, a major... Read More
If you've been utilizing the Internet for any length of... Read More
Why am I so mad I could throw my computer... Read More
Simply put article marketing is advertising your web site through... Read More
You have managed to get your website to that magical... Read More
It's impossible to sell a product or service without demand... Read More
Nothing and Everything!Tucked discreetly away on my modest marketing website... Read More
If you are considering launching a website for your business... Read More
Placing those ads on your site are designed to do... Read More
Viral?Viruses?Infections?not pleasant subjects for most situations. Unless you're discussing Viral... Read More
The Digital Object Identifier otherwise known as the DOI is... Read More
Summer is finally here, and while for many, summer implies... Read More
I recently posted an article titled "Internet Marketing and Public... Read More
Have you ever been told to find your niche? In... Read More
Have you ever wondered how can you possibly figure out... Read More
Many of us learn from the Gurus that we should... Read More
Most people in a new year make resolutions to make... Read More
Online sales is like a fine art and you have... Read More
OK, so you're making some sales, either of your own... Read More
Today, the internet has become part of our life. We... Read More
Internet Marketing |