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Hello Fellow Entrepreneur!
Thank you for being a part of our community! We wouldn't be here without you :). This week's issue of your favorite ezine has arrived! In this issue, we are going to talk about creating passive income and how you too can accomplish this!
Before we get started, however, I would like to apologize for not being available as much as before. This summer has gotten off to a BUSY start - and, to top it all off, my educational career has me busier than my business career... go figure. lol
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When it comes to making money, no matter what business you're in, passive income is a great thing. This means that you will be receiving paychecks, even when you're not working. There are few businesses that can thrive without this. In regards to online businesses, however, you can make a huge jump if you look into the benefits cycle that comes from setting up something in this arena. The internet is a proving ground for opportunities that are within this banner of earning money. If you're not sure whether or not this is something that you want to get into, consider the benefits that come through when you work within internet solutions that provide you with a passive, residual income.
Sleep and Make Money
This is the dream, even though people think it's far out of reach, sleeping and getting paid. Imagine getting paychecks while you're not doing anything. In fact, imagine sitting poolside somewhere and getting paid while doing nothing but enjoying your life. This is the ultimate of dreams, and there are individuals that are living it on a daily basis. Some are even bored with this, and they are just waiting for a new thing to work on. This is the number one benefit that comes through passive streams of income. When you set up your business for success, this becomes very evident overall.
One of the biggest issues that you are going to find with a job is that there's a ceiling. No matter how hard you work, and no matter how many raises you receive, there is a limit given to a job. With online businesses, including internet marketing, and even MLM options, you have no such limits. If you want to work 10 hour days on this and you want to pull 7 figure annual earnings, nothing is stopping you. You remove the limits by having a passive solution to your income. You can create as much wealth as you want and you can do so with proven techniques that many others are working on right now. You are no longer limited to the notion of limits, nor a ceiling of wages.
Freedom To Do Whatever You Want
There is no schedule placed on those that are making money online. In fact, they are making their own schedule. They are creating their own business entities, and doing whatever they want. If you want to work only 2 hours a day, and that's it, then you can definitely create a business model that elevates you to that. Imagine having more time to spend with family, friends, and pursue hobbies that you want to pursue. It's a beautiful thing that many people don't really get to do because they are stuck in traditional jobs. You can break that mold and get paid just as much if not more, without having to invest a full time schedule into the working process.
When you're working a regular job, no matter how much you love it, it's stifling creatively. The average worker in a cubicle is not free to do whatever they want. There is a method to the work that they have to do, and they have to do it with a certain focus on precision. The same goes across several industries. The more you look at this, the more you're going to realize that your creativity is not on display. Even artists that are working on graphic design projects have to work with creativity that is relegated to what their clients demand. You can't have that freedom outside of the notion of passive income, and working from home. If you decide to work from home, and you want to follow your passions, you could very well be as creative as you want, and spend more time honing your skills in this arena.
The Ubiquity of Internet Access
In these modern times, you do not have to worry about communication. Perhaps one of the best benefits to come through the notion of creating passive income is this one, internet access. You can now connect with your business wherever you area. You can do so with tablets, smartphones, laptops and beyond. No longer are you chained to a desktop, or anything like that. If you want to move forward into another area, or you want to work from a coffee shop, you can. The point is that you are in an arena where the ubiquitous nature of the internet is allowing you to work from anywhere. That alone should shine light on the benefits that come from passive income streams, that's for sure.
P.S: If you found those tips useful, then you will be happy to know that there is much more of where they came from, in fact, I've collected more than two dozen top tips and success secrets from some of the top business minds. Go to http://www.ProfitsCreation.com and get your FREE E-Books and Materials on How to Generate Online Income (worth $997).
ABOUT THE AUTHOR
Charles J. Phua is a serial Digital Entrepreneur, Business Sales Strategy Consultant based in Singapore. He enjoys creating partnerships, helping business to succeed and has an unhealthy obsession with cats. Visit his blog at http://www.BeyondSales.co for more entrepreneur sales tips and hacks.
“Anyone whose goal is 'something higher' must expect someday to suffer vertigo. What is vertigo? Fear of falling? No, Vertigo is something other than fear of falling. It is the voice of the emptiness below us which tempts and lures us, it is the desire to fall, against which, terrified, we defend ourselves.”
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