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Passive Income
- To Start an Online Business and Acquiring Financial Freedom
- Narrated by: Forhad Reza
- Length: 19 mins
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Passive Income
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Publisher's Summary
Anyone with access to a computer and the internet can now start an online company and achieve financial independence. Some of the approaches to accomplishing this can provide you with a nice return on your work, but regrettably, many internet companies fail and the individuals running them don't make enough money to make it worthwhile. There are several examples of people who have produced an e-book, published one, or launched an online shop, only to discover there are no customers. Having paying clients is a necessity for making money anywhere; the challenge is finding them.
Nowadays, the phrase "living from a passive income" is used to describe the money individuals make online. The reason it's termed passive income is because, in theory, most of the work has already been done, and all you have to do is sit back and enjoy the fruits of your effort. In actuality, every internet company will need constant upkeep; the volume depends on the site, its use, and the product you are selling. Internet companies come in a wide variety of forms, from those that need daily involvement to those that are fully automated.