Publisher's Synopsis
It is hard to go about life relying on one income source. If you do, you must be in debt by now. This is because life has ups and downs, and so do the ventures we are engaged in. one time, your job could provide enough for you and your family, and in the next, it could be so down that you need a boost from an individual or a lending facility. As such, people who are reliant on their salaries are enslaved by their jobs because they cannot afford to quit.
The secret to freedom and financial security is to ensure that your income is not flowing from one source only. Think about it. A single tap would take longer to fill a tank compared to the time multiple taps would take. Multiple taps fill the tank quicker, and so do multiple income sources. You are unlikely to walk around without money if you have a source to stand in for another whenever the first source goes down.
To that end, the Passive Income Ideas author wrote this book to introduce you to a world of money-making opportunities. The author observed, both from his experience and from observing his audience that many people want to increase their income flow, but do not exactly know from where to start. This is where the majority of the people are; they have the will to change the situation but lack a starting point. This book seeks to introduce to you some fine ideas that require little or no effort from you but very well bring in some returns ranging from tens to millions of dollars.
One thing you can be sure of is that you will be amazed by just how many potential business ventures are lying around you. You will also be surprised by how well you are able to make time for your passive income sources, as well as for your day job. Many people have the excuse that they are not able to hold multiple jobs at a time. Others believe that a job has to be tiring, and has to take up enough of their effort and time, leaving them helpless.
The truth, however, is that your new side hustles will not spin your life out of control; you only have to dedicate a little of your time, or even continue doing what you have been doing when you leave work, only that it will be monetized now.
For example, if you enjoy coming up with different designs for merchandise, you now can receive money from your hobby. If you enjoy gardening and taking care of your lawn, you now get to receive something for it when people pay you to hold their events on in your garden. If you choose to start a vending machine business, you will not have to hire an employee to run the business, and if you choose to outsource your business, you will be benefiting from the education and experience of another. The opportunities and advantages are endless.
Inside you will find:
- The most informative definition of passive income and how it is acquired described using easy-to-understand language to enhance your understanding
- The most exhaustive list of great and the most viable ideas for earning income
- The most comprehensive explanation of how each of the passive income ideas therein works and how to monetize them.
- A concise explanation of how to get on board with each of the income-generating ideas
- Suggestions of the most viable apps and business platforms on which you can grow your passive business
- The most explicit description of mistakes to avoid when taking up the passive income ideas described
