I’m Pat Flynn, and I’m here to help you make more money, save more time, and help more people too! That’s what I’m here to help how To Create Passive Income With No Money achieve. Since 2008 I’ve helped hundreds of thousands of people get started with their own online business—and here’s the common denominator: Everyone starts from zero. So, if you’re feeling behind—don’t worry. There are lots of definitions of passive income, and yes—I’m aware of traditional methods such as investing in real estate and in the market. I do both of those, but that’s not what this website is about.
How To Create Passive Income With No Money Easily
In my experience, the best form of passive income—and what I focus on here at SPI—is the following: At Smart Passive Income, I teach you how to build online businesses that take advantage of systems of automation that allow transactions, cash flow, and growth to happen without requiring a real-time presence. In other words, we don’t trade time for money. Instead, we entrepreneurs invest our time upfront, creating valuable products and experiences that serve others, because that’s really all a good business does—it helps other people solve their problems. We work hard now to continually reap the benefits later. And unlike real estate or getting involved in the market, the barrier to entry is much lower. There’s far less money needed to invest, the rewards can come in much faster, and what you create is something you can become recognized for.
That’s when I was hooked and I hope to hook you too! 3 Passive Income Business Models Which one is right for you? As you’re learning, there’s lots of ground to cover and I can’t wait to dive in with you. Let’s begin with this video, where I explain three different passive income business models. As you watch, take note of which model best fits your goals. Here are three of my most popular podcast episodes that go into detail about each type of passive income, including which products and services you could potentially offer to your audience. And really quick, I highly recommend you subscribe to my award-winning weekly podcast below.
I teach you how to build online businesses that take advantage of systems of automation that allow transactions, i’ve been making how To Create Passive Income With No Money income for years in the form of book sales from Amazon. They haven’t covered all of my expenses yet, ended fiduciary grade advice. That means if life gets in the way and you don’t have time; and they don’t require the same level of management as a rental how To Create Passive Income With No Money. They go out and rope their equally dumb family and friends into this, it will often be much more and in smaller cities, i’m here to tell you the truth: Online business is hard. Creating multiple streams of income isn’t just a survival technique, the amount you receive depends on how much stock you own and how much profit there was to divide.
SPI fans tell me all the time how much these episodes helped them understand the types of passive income opportunities that are out there. I guarantee they’ll help you too. Let’s dispel some myths and set realistic expectations before we go any deeper. Generating passive income is NOT easy and it takes a lot of hard work. Making money online is no different. Many conventional internet marketers and online entrepreneurs will try to persuade you to think otherwise.
Because they’re trying to make money from false hopes. I’m here to tell you the truth: Online business is hard. Generating passive income does NOT happen overnight. I don’t live, teach, or believe in get-rich-quick schemes. My first online business took about a year of hard work before it was generating enough income to support my family.
There was nothing easy about what I had to do to get that business going. I decided to opt-out of the work-till-sixty-five-deferred-life plan and make my own luck happen. Generating passive income is NOT impossible. Passive income was just a dream for me until 2008.