Discover how having a passive income can change your life! This collection of articles is designed to help you learn about the importance of adding passive income streams to your business model.
Passive Income Challenge Day 30! Recapping 30-Day Passive Income Challenge We did it! Day 30 of the 30-Day Passive Income Challenge, congratulations! Let’s take a quick walk down memory lane and browse through all the different topics we covered over the past 29 days on this challenge. Over the last 30 days, you’ve learned a… Read More
Passive Income Challenge Day 29. Small Tweaks Make a Difference Once you get started with your passive income goals, as you learn more, you’ll start to improve. You can improve sales pages, titles, headlines, and more based on your experience. There are so many things that you can improve once you get started as you… Read More
Passive Income Challenge Day 28. Recurring Payments as a Source of Passive Income One of the best and most lucrative forms of passive income involves recurring payment income. This means that you sell something to someone that requires them to pay monthly. Giving you income more than once for the same amount of work. Some… Read More
Passive Income Challenge Day 27. Ask Your Community Questions When you build a community of people who like to participate in your groups and comment on your posts, you can get new ideas automatically. In fact, your audience will think you’re reading their mind when you create new products or recommend someone else’s products, based… Read More
Passive Income Challenge Day 26. Passive Income is Scalable When you work for an hourly wage, there is only so much time in a day that you can work billable hours and still have time to live any type of life. But, when you work for passive income, remember the work you do today pays… Read More
Passive Income Challenge Day 25. Create Sources of Income that Don’t Require Your Time & Attention When you start making money from your passive income efforts, don’t just spend that money. Instead, invest at least half of it in something else. You can invest in savings, outsourcing, or even your retirement to add to your… Read More
Passive Income Challenge Day 24. Make Time to Generate Passive Income Whether you work for yourself or a full-time job out of the home, you should be able to make time to generate passive income. To do that, you must get your mindset right in terms of making it important enough to create good habits… Read More
Passive Income Challenge Day 23. Create Assets that You Can Pass on or Sell Down the Road You may not realize that your passive income portion of your business will eventually become highly sellable. Having a business that you can sell is very lucrative. It gives you an out at some point so that you… Read More
Passive Income Challenge Day 21. Passive Income is Rarely Passive In many ways, the word passive fools some people into thinking that you don’t have to do anything at all to make passive income. But the truth is, you will have to do some work. Especially upfront. And honestly, that’s okay because the great thing… Read More
Passive Income Challenge Day 20. Start Small and Scale Up When you decide to add passive income to your business model, don’t think that you need to replace all your income with passive income. You want to keep earning the way you earn now, and slowly add sources of passive income as you go. Always… Read More