Wednesday, 12 April 2017

10 Proven Ways That Will Make You Passive Income Online! (MUST READ)

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Who Am I?

My name Is Vishal Patel, I'm a corporate drop out who has invested thousands of dollars to learn from the very best experts surrounding the topics of online marketing, online business and social media not just for the sake of social media to get branding but to actually make money through social media.

At Social Guidez, I work every day because I want to solve the biggest problems in internet marketing. Everyone is guessing. People don't understand how to monetize on social media or even build a following. They don’t know where their target user’s lye, how to reach them or even how much they need to spend in order to do so.

Now we got that out the way. I hope you get the most out of this blog post and strongly consider taking action on some of the methods outlined in this post. Please feel free to email me at: vishalpatel@socialguidez.com or on any other social media platforms if you have any questions or suggestions.

What is passive income?

10 Proven Ways That Will Make You Passive Income Online!, Make You Passive Income Online!, Passive Income Online, Passive Income, Income, Online, Working From Home, Financial Freedom, Business, Passive Income

“Passive income is an income received on a regular basis, with little effort required to maintain it” and when your passive income exceeds your monthly expenses, you are financially free. Simple?
When I first got to know about passive income, also known as residual income, it really caught my attention. Why? Well, how would you like to be able go for vacations, spend quality time with your family whenever you choose to without worrying about losing your job or your business? If you answered yes, then creating passive incomes online is your answer.

In a nutshell, there are three types of income streams that you may have coming into your business. One income source is when you do a one-time job, sale or perform a contract, you get paid once and the income stops there.

Another income source comes from a 9 to 5 job, you will continue to get paid as long you work for your employer, often called a linear income. Most workers fall into this category of income source. Neurosurgeons, lawyers or engineers, are only paid as long as they continue working. Stop working and their bank account pauses.

The third type of income is the passive or recurring income where you are paid even after you have stopped working. Wikipedia defines passive income as an income stream received usually on a regular basis without continuing effort...legally of course.

Do you see why I just love earning passive income? I don't want to work for the rest of my life, or be able to go for vacations only when I'm 60. I want all that while I can still walk on my own two legs. Don't you? There are two main options to do this; create your own product or be affiliated to companies that offer passive income. This eBook explores the benefits of making passive income from affiliate programs online and why it's the best way to start off with. And for most the only way, unless you have a gifted ability to sing, act or write well and make it to the limelight.
The benefits of generating passive income online are many. For one, you only need to do a comparatively less work or no work, eventually, to sustain a steady income stream. There's no customer service to worry about. It's taken care of by the product owner or service provider. The start-up cost is low or no cost at all. You have full control over when to start and stop work and no worries about traffic jams just to name a few. If you have a computer and an internet connection, you can get started right away. One of the most important points to me though, is being able to spend more quality time with my family and this one is priceless.

Why Generating Passive Income Is So Important.

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Setting up a passive income stream online seems to be the current financial trend. Almost everyone is trying to establish an income source online that needs least supervision, can run autopilot and generates decent regular earnings. However, generating passive income online is a great idea for people who already run a business or work fulltime. Here, you will discover few reasons why online passive income generation is a very convenient option for anyone who wants to add some extra cash without putting a lot of efforts.

Anyone would love to spend some more time with his/her family. Working from home lets you enjoy the freedom and it lets you be your own boss. If you know how the concept of passive income generation works, you can also setup your own money stream and bank some cash to make your personal finance stronger. Here's why you should also think about setting up something online:


#1 Working From Home Feels Awesome.


Working from home is really fun. You don't have to wake up early in the morning, get ready for the office anymore. Just work on your computer and get connected to your workspace. You need a reliable internet connection to maximize the potentials. You will enjoy every second working in the homely, comfortable environment. This is definitely a major reason why many people are becoming interested about internet marketing and web based businesses.

#2 More Time for Your Family And Do What You Love.


While staying home, you have more time to spend with your family specially the kids. It really feels great to see your kids grow. You can also carry out the household responsibilities this way and make others' lives easier and more convenient. You will also get more time to spend on your hobbies or anything you love to do. Most working-from-home dads love their works because they can enjoy more freedom than anyone working in a corporate office.

#3 You Don't Have To Quit Your Office.


If you are willing to setup a passive earnings business online, it's not necessary to give up the regular office job you have. You can work simultaneously in the office and at home and make a decent extra cash to spend. If you're willing to plan luxury tour overseas, you should definitely consider creating a 2nd income stream. And a passive income business seems to be the best idea ever!

#4 Be Your Own Boss And Earn Your Living From Online.


You can be your own boss with a passive earnings business online. You just need to legit working method to develop a passive income generator. If the system is executed properly, you will even be able to earn the living from home. The best part - you always have the chance to expand your business just like any offline business and increase your earnings!


#5 Potentials Are Endless.


Many people think, a passive income generator online isn't capable of making a lot of money! These are just some supplements to your main cash flow. This is a popular misconception about making money online. In fact, one can generate more money than any business venture offline. Online businesses are fueled with online resources, remote work and clients from different parts of the world. So the potentials are endless, you can make millions just from your passive revenue generator online...

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