The Passage To Passive Income MRR Ebook

Table of Contents

Foreword
Chapter 1:
What Is Passive Income
Chapter 2:
Using Residual Income
Chapter 3:
Using Leveraged Income
Chapter 4:
Using Active Leveraged Income
Chapter 5:
Using Internet Marketing
Chapter 6:
Using Network Marketing
Chapter 7:
Using Real Estate
Chapter 8:
Using Blogs
Chapter 9:
Setting Goals And Having A Plan
Chapter 10:
The Mindset Necessary For Passive Income
Wrapping Up

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Chapter 2:

Using Residual Income

After paying off all monthly commitments the money left over is known as residual income. This income can be of great help to an individual and is normally linked to the older more established income group. This is also the way the banking industry calculates the probability of giving out a loan commitment to their clients. This is an income that also continues to give well past the time frame of the first initial payment.

What’s Left Over

There are many ways to try and earn residual income. Writing for instance is one way of adventuring into this realm of gaining residual income.

If the writing material is good there would be a chance to sell the rights, and so it is with other avenues like writing a workable software program, composing a song, inventing a gadget and many more.

Becoming famous like perhaps as an actor or singer, where there are still payments coming in every time the work previously done is reused. When this is done for further entertainment modes, the said entertainer gets a residual income in the form of certain percentages form the original initial performance.

Earning residual income from real estate is perhaps one of the more popular styles of investment with this intention in mind. If done well this type of residual income in the most ideal and profitable.

Other much simpler ways of getting residual income would include starting a savings plan early on in age. Keeping to this diligently would help to ensure the comfortable retirement where residual income would be a great help.

The best types of residual income plans are normally where the individual had total autonomy over how, where and when the product is used. In being able to dictate the using methods the individual also has the end say over how the general promotion and other aspects of the invention goes.

Chapter 3:

Using Leveraged Income

This is perhaps among the most beneficial ways of creating the possibility of having a continuous income in a long term scenario. Using the leverage income style, the individual ears more money with much less effort simply because the profits made don’t only come as a direct result of one’s own efforts but also from the added sources of other people’s efforts.

Utilizing

Ideally most people work towards trying to earn this style of income both in the short term and long term scenario. In its most basic terms, leverage income allows the individual to concentrate on other endeavors once the initial stages of setting up and getting a particular project started. This said project is then left to generate income with no need for anymore particular daily involvements on the part of the investor or inventor.

Most people who are financially comfortable have ventured into this type of investment, with the intentions of generating some sort of leveraged income. Using a little time and effort to realize a project and then stepping back as the project eventually runs itself is indeed the perfect scenario. Thus this leverage style of earning power gives the individual the option to retire early and enjoy the fruits of his or her labor without the hassle of having to oversee the foray or having to be physically involved.

Besides the various investment arms that can be used to generate leveraged income, starting up a network marketing company or business venture is also another one of the more popular ways of generating this style of income. This of course requires a little hard work in the beginning but once the business is established then there will no longer be a need to be as completely involved as in the initial stages.

Other Details

- 1 Ebook (PDF), 30 Pages
- 2 Graphics (PNG)
- 1 Squeeze Page (HTML)
- Year Released/Circulated: 2017
- File Size: 2,419 KB

License Details:

[YES] Ebook Can be given away against an email address
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[YES] The WHOLE product can be added to paid membership sites
[YES] The WHOLE product can be offered through auction sites
[NO] WHOLE Product can be given away
[NO] WHOLE Product can be added to free membership sites
[NO] Ebook can be modified in any way
[NO] Can sell with Private Label Rights