Begin a transformative journey towards financial independence with “Passive Income – An Ultimate Guide.” This course is a gateway to understanding how income can be earned with minimal ongoing effort. The initial section introduces the concept, providing a strong foundation for the comprehensive exploration that follows. As the course unfolds, you’ll delve into the specifics of recurring income streams, uncovering how these can become reliable sources of earnings.
The exploration deepens with an analysis of residual income, highlighting its role in long-term financial stability. You’ll discover various types of both recurring and residual incomes, learning how each can be effectively harnessed in your quest for financial freedom. The course intricately weaves these concepts with the broader idea of passive income, offering strategic insights into building wealth. Culminating with a conclusion that brings together all these elements, this course is not just an educational endeavour; it’s a roadmap to transforming your financial future.
Learning Outcomes
This Passive Income – An Ultimate Guide does not require you to have any prior qualifications or experience. You can just enrol and start learning.This Passive Income – An Ultimate Guide was made by professionals and it is compatible with all PC’s, Mac’s, tablets and smartphones. You will be able to access the course from anywhere at any time as long as you have a good enough internet connection.
After studying the course materials, there will be a written assignment test which you can take at the end of the course. After successfully passing the test you will be able to claim the pdf certificate for £4.99 Original Hard Copy certificates need to be ordered at an additional cost of £8.
Section 01: Introduction | |||
Introduction | 00:04:00 | ||
Section 02: What are Recurring Income Streams? | |||
What are Recurring Income Streams? | 00:05:00 | ||
What Is the Recurring Revenue Model? | 00:04:00 | ||
What Should You Sell to Make the Recurring Revenue Model Work? | 00:05:00 | ||
The Importance of Recurring Revenue in a Thriving Business | 00:03:00 | ||
Reasons Fortune 500 Companies Are Moving to Recurring Revenue Models | 00:03:00 | ||
How Recurring Revenue Increases Business Value | 00:06:00 | ||
Section 03: What is Residual Income? | |||
What is Residual Income? | 00:04:00 | ||
What Is Residual Income And Why Do You Want It? | 00:03:00 | ||
What is Residual Income & Why is it Important for Building Wealth? | 00:04:00 | ||
Reasons Why Passive Income Is Important | 00:04:00 | ||
How Does Residual Revenue Work? | 00:04:00 | ||
Why Residual Income is Important for Financial Independence | 00:05:00 | ||
Section 04: Types of Recurring Income | |||
Types of Recurring Income | 00:04:00 | ||
Hard contracts | 00:05:00 | ||
Auto renewal subscriptions | 00:04:00 | ||
Build a Membership Program for Your Business | 00:03:00 | ||
Become an Affiliate for Other Companies Products | 00:03:00 | ||
Combine Online Membership and Physical Product Delivery | 00:04:00 | ||
Section 05: Types of Residual Income | |||
Types of Residual Income | 00:05:00 | ||
Consider Investing | 00:04:00 | ||
Write a Book or E-Book | 00:04:00 | ||
Build an Online Course | 00:05:00 | ||
Create an App | 00:04:00 | ||
Launch a Podcast | 00:02:00 | ||
Section 06: Relationship between Recurring, Residual and Passive Income | |||
Relationship between Recurring, Residual and Passive Income | 00:04:00 | ||
How They’re Similar and also Different | 00:04:00 | ||
What is Passive Income and Its Relationship to Passive and Residual Income? | 00:04:00 | ||
Examples of Passive Income | 00:04:00 | ||
The Truth about Active Income vs Passive Income | 00:03:00 | ||
Active Income Becomes Passive Income | 00:03:00 | ||
Section 07: Building Wealth Strategies | |||
Building Wealth Strategies | 00:04:00 | ||
Effective Wealth Building Strategies Used by Personal Finance Pros | 00:04:00 | ||
Develop a Wealthy Mindset | 00:03:00 | ||
Strategies for Building Wealth | 00:05:00 | ||
Strategies to Build Wealth Fast (That Your Financial Advisor Won’t Tell You) | 00:04:00 | ||
How to Begin to Build Wealth | 00:04:00 | ||
Section 08: Conclusion | |||
Review | 00:03:00 | ||
Assignment | |||
Assignment – Passive Income – An Ultimate Guide | 00:00:00 |
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