How To Unlock 13 Brand New Passive Income Streams!…

13 Passive Income Streams Elite Marketing Pro http://pierretoyoursuccess.com/ Is There Such Thing As Passive Income Streams?

If you are a business owner or a new entrepreneur and you have connections with the online environment, you may have heard of passive income. There are hundreds of blogs that talk about making money while you sleep, making a living while working only for 30 minutes a day or running your online business from a tropical beach, doing nothing all day, sipping cocktails and watching your passive income streams making you money. Leaving such stories aside, a healthy business should be able to generate you streams of income even when you are away for a few weeks or months or if you are sick and you can’t work.

You may come across various companies or services that promise you to make money while you sleep if you join their club or if you install their software. Many of these opportunities aren’t quite genuine. Some are in fact multi-level marketing scams, not real systems that have the power to generate passive income. They don’t really offer you a solid system that works, they just make money from people buying their “starter” or “training” package which consists of methods of determining others to join the system and buy this package at their turn.

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This type of so-called business will make you money only as long as you are going to be willing to pester everyone around you and their cat to buy your things. Aggressive promotion has nothing to do with passive income streams. It is hard work that takes a lot of energy and time. On long term, your sources of income will get depleted, as all potential leads will have already been recruited.

What’s a Real Passive Income Stream

Passive income streams are real, but they imply promoting something that has an ongoing demand. Subscription or membership services are the perfect example. You are going to need to dedicate some time to setting up and maintaining your business, but such activities aren’t huge time hogs. If you sell subscriptions, the only things you are going to need to do are writing content for your website and setting up and watching promotional campaigns. If you sell products, you can outsource packaging and shipping or choose the drop shipping business model right from the start. This will free up a big chunk of your time you can dedicate to other activities.

Although passive income is real, you should be aware that there isn’t such thing as totally passive income streams. Any type of business you may build, you are still going to dedicate some resources if you want to develop it to the point where you can afford to go on holiday three months per year without having your income drop.

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Please watch: “what is residual income”

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