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.fusion-button.button-10{border-width:0px;color:#1f1f1f;border-color:#1f1f1f;}.fusion-button.button-10:hover,.fusion-button.button-10:focus,.fusion-button.button-10:active{border-width:0px;border-color:#ffffff;color:#ffffff;}.fusion-button.button-10{background: #7cde5f;}.fusion-button.button-10:hover,.button-10:focus,.fusion-button.button-10:active{background: #1f1f1f;}Take Me to Part 4

If you have a passive income business bringing in $60,000 a year, living cheaply, or keeping a regular job, and investing almost all its profits in assets can quickly get you to the point of financial independence. 

I run a small webdesign business and I struggle a bit to find customers. Certainly, making $20,000/month would be a dream, that’s why I was asking, basically, if this is just a fad or a sustainable business.

And I don’t think I will stop working, as long as I’m enjoying it. The mini-retirements might be getting longer and longer and I might spend more time with my family than work, but launching business and seeing them grow is fun.

Even if your entire business can’t be built around this concept, you can certainly find or two operations that could. The more you can adopt the turnkey business concept, the better your chances of being able to effectively bring on more team members and have them instantly be productive.

Adding to the first on your list (crowdfunded real estate), those that read this article should look into real estate investment trusts (REIT’s). It definitely fits the definition of crowdfunded real estate.

Turnkey websites can cost as low as a few hundred dollars or easily reach into the many thousands, depending on the complexity and domain name recognition. The average cost is less than a thousand dollars and includes one or more months of hosting. After this time, you will have to pay for hosting.

INSIDER TIP: Follow-up is crucial. There are plenty of people in this world who can sit down at a desk and talk to a stranger about a vending program. But there are very few people in this world who can remember, and make the effort, to forward a copy of a hiking trail that their customer might like, or send a keychain with the contact’s favorite sports team’s logo on it. These details don’t happen by chance but they do make all the difference in the world.

There is no silver bullet that gives you instant, amazing results without any effort. Not in weight loss, not in affiliate marketing, not in life. The only person who is making a profit with turnkey affiliate websites, most of the time, is the person selling you the bullshit dream.

Yes, it is possible to make residual income through YouTube. Ads placed on videos pay the video creator for every view. Although the amount paid per view by advertisers is small, it can add up over time.

I have tried various services for my portfolio of sites earlier but I must say that Brand Builders have the best quality so far. Being a Digital Marketer myself and running an Agency, I don’t have much time to focus on my personal portfolio of sites.

While there are thousands of other authors who make nothing because their books don’t sell, there are also plenty of authors like Mr. King that do make residual income every month on their creative work. Pursuing passive income isn’t easy, but it is a viable income source you can grow over time.

“The Super Affiliate Network is hands down the best system we’ve ever used. The training that Misha provides us inside the Super Affiliate Network Profit Boosting bootcamp as well the Marketing systems he gives us are unparallelled. In just 15 weeks using his system and applying what we’ve learned, we’ve made $42,890.10!”

I have a friend who, a few months ago, added two contractors to his team and it drove him crazy. He had to come up with jobs on the spot to keep them busy – he hadn’t identified what he did everyday, so he couldn’t hand off those jobs. He then spent most of his day sitting next to them at their desk showing them what to do – he hadn’t documented how he did anything, so he couldn’t delegate it out.

“Being a web developer, I work with a lot of health and wellness practitioners who develop DFY programs for both clients and other practitioners, so I’m fortunate (maybe unfortunate!) to get a sneak peek of these programs from behind-the-scenes.

Spa Business on track for steady growth. Continue as a stand-alone day spa or could also be ready for chiropractic, acupuncture, medical, medi-spa business.This well-branded spa business is located in a boutique Downtown Los Angeles Hotel near LA Live, Staples, and Bunker Hill in the South Park area.Brand logo trademark and branding will be included in sale.Full client list and rights to custom designed website is included in sale.Option to continue customized Scheduling System software with integrated Client Retention System (Email reminders, online booking, spa-branded iOS and Android App)Strong Google Search Rankings More info

Passive income is a great tool for getting there, but it can only really help you on the way. To be truly financially independent you need to build wealth through owning assets. That way, they’ll continue to grow and when you need to, you can convert them into cash to support your lifestyle.

You can sometimes register your assumed name with the Secretary of State or another state agency, but registration is handled at the county level in most states. Each county may have different forms and fees for registering a name. The process is usually fairly simple: You perform a search through the provided database to make sure the name is not already in use, then you can submit a simple form along with the correct filing fee, which is usually between $25 and $100 as of 2017. 

If there is a product that you are particularly knowledgeable about, you may be able to sell it on a dedicated website. The technique is similar to what you would use for your own product, except that you will not to be concerning yourself with product creation, but only with the sale of someone else’s product.

Blooom is a great little program that offers a free analysis of your current retirement plan. (Yep, the analysis is FREE.) They’ll comb through your plan to help you understand your plan and find any unnecessary fees. From there, you can ask them to monitor your account and optimize it for you.

Let’s say you decided to buy some very basic coil operated vending machines without credit card readers BEFORE you landed any locations. Then you find an amazing opportunity to place a vending machine in an office building. Since you already bought your machines, you decide to place one of these cash only machines in the office building.

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