Friday, 23 August 2013

Possible routes to look into for passive income...


I stumbled across a lady from america called Kate Northrup, who is someone i aspire to be like. She is financially free and here's a video of possible routes you can take



If you don't want to watch the video or it doesn't work i've summed up the points below...

1 - Intelectual Property 
A thing you can get from your head into something that people can buy, so you could spend hours, days and months making something ONCE and then selling it and people buying it over and over like..
(Books, Software Apps, Inventions, Products, PDF, Education Courses etc)

2 - Affiliate Marketing


3 - Franchies 
A ready made business model, that you simply add your own people so to speak
(McDonalds, Subway etc)

4 - Investing
(Real Estate, Stock Market and Businesses etc)

5 - Building a Business
The key to a business is to build a SYSTEM, that can run if your not there, you need to own the system not be the system.

6 - Network Marketing


Head over to Kate's website...

http://www.katenorthrup.com 

This is on my to do list, as at a glance there seems to be lots of useful information to learn!


No comments:

Post a Comment