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Passive Income: Proven Business Ideas for Anyone to Generate Passive Income Streams (Crack the Code to Make Money Online)

Narrated by: William Bahl
Length: 3 hrs and 23 mins
5 out of 5 stars (48 ratings)

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Summary

Are you stuck in the rat race? Do you want to create passive streams of income and live your best life? Then this book is for you!

These strategies and easy tips transform you from the dreaded 9-5 job to living life the way it's suppose to be lived. You'll be able to travel more and work from home all while your money is making money.

You'll learn all these things and so much more. Most people today have no idea how much money there is to be made through Online channels, but after listening to this audiobook, you will. No matter how fast or how slow you want to go, you'll be able to tap into a wealth of information. This information can start you on your way to financial independence and a future where you are free to choose the kind of life you want and the kind of work you do.

This audiobook gives you the information and tools you need to succeed generating passive income.
Passive income is a powerful stream of income from which you can earn money without actually going to work everyday. Basically, you create a process that allows your investment to generate money for you.

While it may seem difficult for someone who is new to Online businesses, with this audiobook you will learn how to set up and run a business.

Buy this audiobook today!

©2018 Phil Clarke (P)2018 Phil Clarke

What listeners say about Passive Income: Proven Business Ideas for Anyone to Generate Passive Income Streams (Crack the Code to Make Money Online)

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Finance in my language

I've read a lot of books on making money, and this author hits the nail on the head--most of them are the same information and don't actually work for the majority of people. This book has a lot of great information and I loved that it includes ways to make money from a variety of different sources, without just relying on one. Phil and Robert shares some of his own personal experience and advice and provides a lot of great tips on making money continuously.

Getting started is relatively simple. You find a piece of property that’s in pretty good condition, hire a contractor to do whatever repairs are needed to make it livable, then hire a management company to handle all the administrative tasks associated with it, collect the rent & forward the money to you minus their fee.

In this type of business, there’s little for you to do & it could truly turn into an excellent way to generate a sizable passive income. All you need to get started is enough capital to make the initial investment & repairs on the property & you could’ve a steady flow of income coming in that could carry you for many years.

Great ideas to use for creating passive income now. Very timely info. Almost anyone could implement these ideas quickly. I can’t wait to do so.

24 people found this helpful

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I'm pretty much happy with this audiobook - Clarke

I'm pretty much happy with this audiobook - Clarke & Covey shares some of his own personal experience and advice and provides a lot of great tips on making money continuously.passive income that are introduced in this book is something else I can pursue with confidence once I get one vehicle rolling. Goals are something that a typical salaried job doesn’t have sadly. Often, when you’re working for someone, or at a place, you don’t really have an overall goal of where you want to go with this. Essentially, you’re just working this as a means to get by, a paycheck for yourself, but what if you could’ve a goal that you enjoy, & a way to get to it yourself? Well, passive income gives you this. You’ll be able to create your own goals for one, which’s something that many people seem less worried about, & not only that, it’s a way to have a goal that fits you, & you’ll work to it. Most people are held back from selling online courses by the fact that the information they intend to sell through their course can be found for free online. While this’s true, people are willing to pay for a course that has distilled this information together in a clear manner instead of spending hours scouring the entire internet for tutorials. On top of that, people are willing to pay for online courses because they get exclusive access to an instructor who can answer their questions. By having better goals, you’ll have more fun, & you’ll definitely have a better result from this later on as well.

21 people found this helpful

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Gives you the runway for ideas that you've always

This search for knowledge & learning on the internet has created an opportunity for people to make money from the knowledge they’ve by creating blogs & writing eBooks. A new way of making money from the knowledge you’ve is through sale of online courses. An online course is basically information packaged in a manner that helps someone to learn how to do something through a series of lessons. That being said, if you have a little stick-to-itiveness, you’d be hard pressed not to find at least one good idea out of 23 in this book. Many don’t require any startup money, but most need a computer or tablet and internet access. The key word is PERSEVERANCE. It gives an excellent overview of passive income.The author breaks down the identified types, goes into details about them all.It includes ways to make money from a variety of different sources, without just relying on one online source.This content is simple and easy to understand through this book. If you’re the kind of person that gives up after a couple of weeks, there is probably no book in the universe that will help you, but if you’re willing to stick it out for a few weeks and yes, maybe even months, and you pick a blueprint out of the book that you can be passionate about, you’ll find success within these chapters. I’m trying to figure out between 3 blue prints to get started. Really, really excited.

18 people found this helpful

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Take the mystery out of retiring early with income

A sales funnel is basically the marketing system we use to lead a person through a process meant to make them make a purchase. The process thus starts with trying to find potential customers. After that, you use various means to sell yourself & your business & then sell your service or product, which’s also known as the sales pitch. You’ll make multiple sales pitches in most cases.

In your website, the sales funnels take the traffic & weed out folks who’re not interested in what you’re offering quickly. At the top of the funnel is a landing or a squeeze page, which appears just like a website only that all the distractions aren’t there. You design the landing page to get the user to take one action or leave.

This technique is sure to develop warmer leads for you. Delighted in the book and what exhortation it gave, heaps of smart thoughts and I profited an incredible arrangement from it. Good read and I will utilize it as a source of perspective.

13 people found this helpful

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Financial Advice You Won't Be Mad About!

This book teaches the people sure ways on how to generate passive income. That is by investing in online business. As we all know, there are lots of opportunities online. In this book, author shares the sure ways to generate cash flow including strategies on how to start successfully. Online courses are digital products, which means they’re highly scalable. Most online courses are in video format. Students pay to access & view these videos. Once you’ve created your course & sold it to one student, it doesn’t cost you anything to sell it to another student. Even if 10,000 students purchase the course at once, there’s no extra effort on your part. All you need to do is collect your money. Compare this with a live class. If your students increased from 20 to 100, you’d need to move to a bigger classroom & perhaps divide the students into two or three groups. Great online courses come in a variety of teaching methods. For instance, you might decide to provide your lessons in video, audio or text formats, with worksheets, infographics, checklists & anything else you feel is necessary to help your students understand the lesson better. there’s no perfect delivery method for an online course. It all depends on what you’re trying to teach. For instance, if you’re teaching people how to use Excel, you can either use video or text combined with images. However, teaching someone how to play the guitar through text might be a bit challenging. If possible, you should provide multiple delivery methods for each lesson.

8 people found this helpful

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fake reviews

I'm pretty sure that the reviews are fake, this audio book is their passive income

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How to Develop and Maintain It

This is really an excellent book. It gives an excellent overview of passive income. The author breaks down the identified types, goes into details about them all. It includes ways to make money from a variety of different sources, without just relying on one online source. This content is very simple and easy to understand through this book. Overall this book is very well written by the author's and i highly recommend this book to all of you guys. If you are looking to earn passive income, this is a great book. It is easy and fun to read and has loads of good ideas. I read a lot about passive income and this book has ideas I hadn't heard of before. What I really liked is that there is a wide range and the writer is clear about what would work for newbies and what to leave until you've had some experience.This book follows that same friendly, down-to-earth style of the course I followed. It presents useful information in a clear, friendly and bite-size manner and reading it has made me feel motivated to give some of these ideas a try.I highly recommend this book and I'm very glad to have it in my library to refer to. Now to build my passive income empire!

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There are a lot of possible income opportunities

Passive income allows you to create money needed to do this, but not only that, if you want to take a vacation, you do just that. You run off & take a vacation no matter what people say. If you’re the type who wants to explore the world while working, there’re chances to do this, & you’ll really make a splash in your future by doing just this.

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FREEEEEEEDOM!!!!

It's great guide to know about Passive Income Ideas. More informative and knowledge-full book. I have found very interesting and useful and informative guideline that others not so much. I recommend this to anyone who's trying to start an e-commerce site or start their own online career as well.

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Actionable Advice That Lights a Fire

Platforms such as WordPress, Blogger or similar websites can be used to start a free online presence. The cost of doing so is only the time you spend preparing & writing the content along with designing it. Writing on something that excites you is the best way to write naturally & involve the audience. Copy-pasted material doesn’t relate to people, as well as being illegal & being plagiarism. Humans know humans! By writing on topics that excite you, you’ll have like-minded followers who’re looking out for your great & interesting content.

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  • Murray
  • 27-04-20

Life can be different for you, and faster than you

Vacations are something we always yearn for. Walks on the beach, sampling the best food at the fanciest restaurants, all of these’re a dream for us. If you’re the type who loves to travel the world, or who has yearned for this, but is stuck in a dead-end job because you can’t take time off, then it’s time to consider passive income.

Passive income allows you to create money needed to do this, but not only that, if you want to take a vacation, you do just that. You run off & take a vacation no matter what people say. If you’re the type who wants to explore the world while working, there’re chances to do this, & you’ll really make a splash in your future by doing just this

It is a very helpful book. Passive income is another substitute for active income. Excessively straightforward anyway it gives us an incredible comprehension. This book makes me significantly make a couple of data examinations successfully.

24 people found this helpful

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  • Tyler Brown
  • 28-04-20

Need hope that your future can be financially fit?

I was very satisfied when i perched this book. This is really an excellent book. It gives an excellent overview of passive income. The author breaks down the identified types, goes into details about them all. It includes ways to make money from a variety of different sources, without just relying on one online source. This content is very simple and easy to understand through this book. Overall this book is very well written by the author's and i highly recommend this book to all of you guys. If you are looking to earn passive income, this is a great book. It is easy and fun to read and has loads of good ideas. I read a lot about passive income and this book has ideas I hadn't heard of before. What I really liked is that there is a wide range and the writer is clear about what would work for newbies and what to leave until you've had some experience.This book follows that same friendly, down-to-earth style of the course I followed. It presents useful information in a clear, friendly and bite-size manner and reading it has made me feel motivated to give some of these ideas a try.I highly recommend this book and I'm very glad to have it in my library to refer to. Now to build my passive income empire!

20 people found this helpful

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  • David Vincent
  • 29-04-20

Wisdom with ease!

ClickBank is probably the largest affiliate marketplace for information products on the web. It’s also dead simple to use: you make an account, search for a product relevant to your audience, & copy a special link generated just for you. If people buy using that link, you get a percentage of the sale, which can be anywhere from 30 percent to 70 percent to even more!

Unlike JVZoo & ClickBank, Amazon’s affiliate program is completely different. Virtually all of the products you can promote are physical & you also get a commission on anything else a person buys within 24 hours of them clicking on your link to Amazon. So, for example, if someone buy’s Z’s bicycle pump & then, 16 hours later, buys a 72-inch television, Z gets a commission on both products.

Online business & internet marketing products are the main things DigiResults focus on, but they also have other products ranging from health & fitness to travel. Vendors & affiliates also get paid at the point of sale, & not a month or two later like most affiliate marketplaces, which can make DigiResults an attractive option.

18 people found this helpful

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  • Iona Myers
  • 30-04-20

If you are new to passive income + on the fence

EBook writing is a fantastic way to get started with generating passive income. you’ll need exactly zero dollars to start, & only the gumption to put the effort into writing. I know what many of you readers are thinking right now, ‘I can’t write, or at least certainly not a whole book’. The phenomenon of digital publishing has allowed for anyone to become a writer, & I don’t want you to sell yourself short. The books that you’ll be writing don’t need to be novels, nor will you need to do months of research to create a work that’ll be beneficial to your readers. The key to eBook writing is two fold: one, you must focus on what the market wants, & two, you must write about topics that you’re already intimately familiar with. Having these two attributes in your eBooks will ensure that you’re able to generate the income that you desire. You must create books that already have a market, & you must different yourself from other writers by focusing on specific knowledge that only you have. All of this’s possible due to the rise of Amazon, & to start the process you must enter this key partnership.

13 people found this helpful

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  • Margaret Konopka
  • 01-05-20

Buy, if you want to diversify!

Looking for ideas for passive income without wasting your time reading a book full of fluff? This is it. Concise, clear. Many ideas for obtaining passive income. Not all of them will appeal to everyone, but that’s the point! Find one or two and get to work, then add others later.

REITs were created in the 1960s as a way for the average working individual to partake in the profits generated by larger real estate investments such as hotels & major office complexes, to that end they’re required to ensure that 90 percent of their profits return to the shareholders & that more than five individuals control 50 percent of the available shares. Each shareholder then receives an amount of the profits based on the number of shares they hold with no preferential treatment given to those who own more shares. What’s more, if you don’t like the direction the REIT you’ve invested in is moving then you’re free to sell your shares on the open market at any time with no penalty for doing so. Share prices fluctuate, just like stocks, and you’ll always have access to the current share price in the moment so you can make the most informed decision possible at any given time.

If you’re interested in the idea of investing in real estate but don’t like the idea of dealing with the trouble of finding rental property to purchase, then investing in Real Estate Investment Trusts (REITs) might be more your speed. With this passive income stream, you don’t need to worry about having lots of cash already on hand for a large down payment & can get started with virtually any amount. this’s because when you invest in REITs you’re investing in individual shares the same way you’d as if you were investing in a company via buying into their stock. This means, instead of worrying if a given property is ultimately going to turn a profit, all you need to do is choose an REIT that has a proven track record & let their team of analysts make profitable decisions for you. In return for your investment, you’ll receive dividends just as you’d if you invested in dividend producing stocks.

Investing in REITs does have its own drawbacks, however, as it typically requires you to pay taxes on the dividends you receive in addition to paying taxes on the income used to purchase your shares in the first place. If you’re hoping to generate passive income as a retirement strategy, however, then you can negate this double taxation by putting the money into an IRA account & agreeing not to touch the funds until you’re ready to retire.

9 people found this helpful

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  • Anonymous User
  • 31-10-18

Boring!

Found it abit boring. The narration was monotonous which makes it really difficult to concentrate for long periods.

1 person found this helpful

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  • Craig
  • 02-05-20

Early retirement, why yes, thank you!

Your retirement will be so much better as well. Not only will you’ve more money to retire with, often, it’ll be more than the average pension. Pensions aren’t as great as many say, & people still struggle with their bills even after struggling all their lives just to make ends meet before. Do you really want that? Passive income gives you a chance to save up so much more, giving you a means to really improve your worth later on. By looking at the future, thinking about retirements & all of that, you’ll be able to create a better future for yourself & others, something that many don’t think about until it’s too late. This is for the most part how to compose books, however it's most vital part is it requires next to no start up speculation. You can compose utilizing the PC you as of now have profit, at that point proceed onward to flip a house later. Great information! Very useful when considering what different options are available online to peruse passive income. Gives detailed avenues to consider. It isn't intended as the answer to a specific theory it is all the things to consider when you are looking for ways to earn passive income. It explains what ways are available to consider in easy to understand language, I learned a lot from reading this and can go back in reference anytime. Great way to do diligence when planning your own strategy. Read this before getting started.

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  • Vera Bain
  • 02-05-20

Easy to Read, Easy to Understand,

A lot of people usually make the decision right away after seeing what passive income can do for you, but what if you’re not fully sold yet? How do you get on the passive income bandwagon & start working to earn the money that you know you want to earn? Well, how about learning about some of the benefits of this? This chapter will go over some of the amazing benefits of passive income, including what you can get just from switching over to this sort of lifestyle, & encouraging yourself to generate passive income.

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  • Wendy Nicolas
  • 02-05-20

Must Read For Millennials

There’s a wide variety of reasons why people surf the internet. A wide majority of people go online for entertainment & to socialize with others. However, an increasing number of people are going online search for information & to learn new things. If you want to learn how to use Excel or Photoshop or WordPress, there’s probably a video tutorial on YouTube explaining how to do just that.

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  • Leonard
  • 02-05-20

A book purchase with a good ROI!

According to Forbes, the online learning market is expected to exceed $240 billion by 2023. As more & more people get access to the internet, more people are willing to purchase online courses. Udemy, one of the leading online course marketplaces has 9 million registered students. Since this market is on an upward trend, it means the time is still right to tap into this market. Additionally, more & more people are choosing the convenience of online courses over traditional classrooms. If you want to make Passive Income in a profitable and effective way then i'd suggest this book. This guide book gave most effective strategies and ideas to build money in online. Generating a passive income in a REIT is simply a matter of choosing to invest in one of these companies. They work pretty much in the same way as a mutual fund where individual investors can invest money in exchange for a partial ownership in these properties & receive income from their rentals. You’ll find there’re quite a few different types of REIT properties, some of them you may not have considered before.