Creating Multiple Streams of Passive Income: Define, Make, and Sell Products with the Creating Multiple Streams of Passive Income Journal,...

Creating Multiple Streams of Passive Income: Define, Make, and Sell Products with the Creating Multiple Streams of Passive Income Journal,...
ISBN-10
1091688249
ISBN-13
9781091688247
Series
Creating Multiple Streams of Passive Income
Category
Business & Economics
Pages
92
Language
English
Published
2019-03-26
Publisher
Independently Published
Author
Millennial Biz

Description

Investments, real estate, and cash lending were some of the very few forms of passive income we had in the past. As you can see, it took money (and quite a significant amount) to make money. But with the rise of the Internet, more and more people have the possibility to create passive income, with little to no financial investment. Although today it is easier than ever to get started, creating passive income is no easy task. If you want to be successful, think of it as a business. Make a small plan, get started, and commit to consistently working on it. Easier said than done. This planner is designed specifically to help you decide, start creating and building streams of passive income by selling products. There is an initial assessment and brainstorming spread where you lay out your skills and strengths, to help you decide which streams of passive income are best for you to pursue. Some product and platform examples are provided just before the deciding spread, where you commit to one type of passive income stream you'd like to start with. There are spreads for five streams of passive income. For each stream, there are planning and assessment spreads. The role of these pages is to help you figure out whether your passive income stream is profitable and sustainable. Based on these results you can decide to continue with your passive income stream, or move onto another one. When starting out, it is important to achieve a balance between quantity and quality of products you create. Some streams of passive income, stock photography for example, require you to create a fairly large number of products before you will see any substantial income. However, to make any sales, you also have to create high quality products; in this example, high resolution, usable and in demand images. Therefore, when you commit to one stream of passive income, consistently work on it for at least one year before deciding if it is successful or not. As you are creating and listing more and more products for sale, you will have to keep track of them. Starting from page 51, there are product tracking spreads for you to record everything you are creating and selling. mNow what are you waiting for? Start creating passive income streams, and make money while you sleep!

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