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Casual Articles - Seeking Passive Income
Every business has a Brand whether they realize it or not. Having a brand is an unavoidable consequence of being in business. A positive Brand creates Brand Loyalty. If properly managed, Brand Loyalty is a powerful source of sustained profitability. However, very few business leaders understand how to su
Of course, it’s not all bad news. What we call passive income should really
Employee screenings use legal, medical, human resource, and other government offices related records to get a good insight into a job applicant’s background. They must have access to these records in various government offices such as the DMV, criminal records bureau, medical institutions, and schools.<
They started a businesses to provide freedom, but in reality what they have is job plus financial risk. They have placed themselves at the center of their business universe, and although in theory they can take all the time off they want – they can’t ever. On top of that, if they want to increase their income it usually means working harder. In fact, many are afraid to grow their businesses at all, because they think it will mean more work and more stress. And it will!
The added revenue just isn’t worth it to them.
Now these same entrepreneurs (and you may be one of them) think the way out is to create some form of “passive income.”
What they mean by this is income based on a product you create once and then earn money from forever – or at least a long time – without having to do much – or any – additional work. The fantasy is to sit on the beach, sipping margaritas, while the money rolls in.
Well let me tell you – without solid systems, there ain’t no such thing.
Unless they are totally digital, passive income streams require logistics and fulfillment, creation, upkeep and production, just like any other business.
Without good systems, delegation and outsourcing - passive income is far from passive. And without a strong sense of personal focus and a concept of your own highest-and-best-use, passive income can end up taking 20 hours a day. Or more. Forget about sitting on the beach...
Of course, it’s not all bad news. What we call passive income should really
I sometimes wonder why there isn’t a 12-step program out there to help ease the frustrations and heal the heart of the “creative entrepreneur.” If I were to stand up at a meeting of fellow sufferers, my story might go like this: Hello, my name is Mary, and I’ve been a creative entrepreneur all of my adul
The added revenue just isn’t worth it to them.
Now these same entrepreneurs (and you may be one of them) think the way out is to create some form of “passive income.”
What they mean by this is income based on a product you create once and then earn money from forever – or at least a long time – without having to do much – or any – additional work. The fantasy is to sit on the beach, sipping margaritas, while the money rolls in.
Well let me tell you – without solid systems, there ain’t no such thing.
Unless they are totally digital, passive income streams require logistics and fulfillment, creation, upkeep and production, just like any other business.
Without good systems, delegation and outsourcing - passive income is far from passive. And without a strong sense of personal focus and a concept of your own highest-and-best-use, passive income can end up taking 20 hours a day. Or more. Forget about sitting on the beach...
Of course, it’s not all bad news. What we call passive income should really
International trade has become increasingly important to the world economy as well as the U.S. economy. Trade accounts for about 25 percent of U.S. and world gross domestic product (GDP). It is growing at twice the rate of any other economic sector. In terms of the United States, one-third of the small f
What they mean by this is income based on a product you create once and then earn money from forever – or at least a long time – without having to do much – or any – additional work. The fantasy is to sit on the beach, sipping margaritas, while the money rolls in.
Well let me tell you – without solid systems, there ain’t no such thing.
Unless they are totally digital, passive income streams require logistics and fulfillment, creation, upkeep and production, just like any other business.
Without good systems, delegation and outsourcing - passive income is far from passive. And without a strong sense of personal focus and a concept of your own highest-and-best-use, passive income can end up taking 20 hours a day. Or more. Forget about sitting on the beach...
Of course, it’s not all bad news. What we call passive income should really
In recent years gift baskets have become extremely popular, with an increasing number of options available, plus a number of speciality baskets, such as golf enthusiasts, new baby and gourmet baskets. Another type of basket in great demand is the corporate gift basket.In choosing corporate gifts,
Well let me tell you – without solid systems, there ain’t no such thing.
Unless they are totally digital, passive income streams require logistics and fulfillment, creation, upkeep and production, just like any other business.
Without good systems, delegation and outsourcing - passive income is far from passive. And without a strong sense of personal focus and a concept of your own highest-and-best-use, passive income can end up taking 20 hours a day. Or more. Forget about sitting on the beach...
Of course, it’s not all bad news. What we call passive income should really
A nonprofit corporation has the public’s best interest at heart. It may have an environmental, educational, religious, scientific, or literary focus (among others). In return for their services, the public can make donations to these companies and then deduct the amount from their federal taxes. In this
Of course, it’s not all bad news. What we call passive income should really be called renewable income. BUT WITHOUT GOOD SYSTEMS – it will still be a ton of work.
So here’s the good news: strong systems can transform the myth of passive income into reality.
Can you see all the various steps that go into “passive income?” And that’s without addressing the joint ventures, email writing, speaking, offline PR, and networking that go into marketing a successful passive income stream.
Hey – passive, it isn’t. It’s a myth. It takes tons of work. And if you go the systems route, THAT takes a ton of work.
So is it worth it?
Absolutely. Because if you approach it properly, most of the work is front loaded. In my case I get to build a portfolio of products which can create revenue for years to come, and in the process serve thousands more people than I could one company at a time. But it sure is work.
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