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Passive Income: How To Earn The Greatest Form Of Financial Freedom In The World

Apr 3, 2008
Profit is what drives any businessman each waking day. And when the subject turns to income, most people just think of it as the revenue that any entrepreneur earns from his hard work. This is just a general notion but in reality, there are three categories of income--the earned type, portfolio type and the passive type.

Passive income, by definition, is the money received regularly without requiring continuous efforts on the person who invested on it. This would not mean, though, that the investor would no longer exert any effort. Typically, passive income earners go through much effort before they could even begin their business.

Since passive income does not require the direct supervision of the business owner, more and more people are being enticed to want to earn this type of income. After all, who wouldn't want less work while still earning decently? Financial freedom can be felt more with this type of income.

There are many types of passive income. Here are some examples of ways that you could earn even with reduced work (or not physical effort at all!):

1. Earning from royalties--with this type, money is paid out to the owner of the copyrighted products each time they are sold. Famous examples are movies that have been turned to DVDs or earnings from novels or even inventions.

2. Income from building a network--in here, with each new member added, more and more income becomes potentially earned. A marketer on networking can build as big a organization as he could want and he would get a cut from all the commissions that the people in his network earn. That isn't the only possible income with networking. As these people recruit people of their own, you would still have a certain percentage on those people's earnings.

3. Revenue from properties that are for rent--there is sure to be a monthly income for the investor who has placed his money on structures or houses that people could rent out. The initial investment would be the purchase of properties that would be made for rent then every penny earned from then on will be done while seated on a couch.

4. Earnings from website ads--you could have advertisements on your websites and people who click on those links would mean money to you.

5. Posting your work on the net--this could be an e-book that you created. The more people who get interested and then purchase your work, the more money you would earn (and you wouldn't have to give away flyers or brochures or make announcements everywhere). If your work is really good, it could fetch you a good sum.

6. Vending machine business--this does not require manning that is why expense is turned into income instead as you save on the money that you are supposed to pay to your employee. There are a lot of products that sell: soda, chocolate bars and chips, cigarettes, newspapers, candies--the possibilities are endless.

Money doesn't always have to be hard-earned. There are now ways to counter this saying and to live life at its fullest without working your butt out. These simple ideas are just some of the countless ways that one could earn passive income. Begin with a great idea, follow it up with a good investment, and then relax.

To learn more about earning a passive income where you can leverage the awesome power of the Internet and open your business to a whole new world of massive exposure. A world where with one swift push of a button, you can literally recruit as many people as you want into your business thus creating a passive income beyond your imagination, follow the link in my resource box now.
About the Author
Kevin Tyler Smith is an expert Internet network marketer. "If banking over $14,139.79 per month whether or not a single lead joins your MLM opportunity gets you excited, then pay very close attention to what's on the other side of this link" >>> www.KevinTylerSmith.com
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