Wolf - Passive income : develop a passive income empire : complete beginners guide to building riches through multiple streams

INTRODUCTION:

The cost of living just continues to go up year in, year out. But lets face it, our incomes arent necessarily growing in the same proportion. What happens these days is many of us need to take on 2 or 3 jobs just to be able to save up for the future. In fact, some people need to take on 2 to 3 jobs just to survive.

Unfortunately, all of us have been given the same number of hours every day 24. If we take on extra jobs, guess what? Our 24 hours remain 24 hours and as such, time for rest and family are compromised.

Sure, working longer hours and more jobs will usually guarantee more income. But, a time comes when you may begin asking questions. Is it really worth it? How far do you have to go until the tremendous effort and excruciating labor you invest through your own sweat and hard work begin to outweigh the benefits you reap? At which point do you stop and realize that the sheer force of your commitment is about to render your income negligible?

While this level of dedication and diligence is most commendable, it is also not very common nowadays. This is exactly why you should look for alternate paths, where your hard work can be aimed at building a business of your own, thus making it finally pay off for you.

The fruits of your work should benefit you, and you first. Think of all the successful people today, and all those before them through the ages. Try and imagine what kind of attitude and outlook they had in life. Thats right, the answer is obvious. With the exception of those to the manor born, those people were never lazy; they couldnt be. These are individuals who had their priorities right, and knew exactly where to direct their energy into making their business work for them. They chose to build a source of income on their own instead of investing countless hours into a dead-end job never destined to go too far.

Is there a way to earn more money without having to work more hours every day? Yes, there is. Its called passive income. Of course, this is not a quit-your-job-and-get-rich-right-now type of solution, but a new path to gradually turn to, a path that may very well lead to prosperity too. At the risk of sounding too coarse, mere survival is no way to go through life, especially now when a world of opportunity is right before us.

Passive income simply means you make your money or resources work for you. Passive income, at the core, allows you to earn much money without doing much work. While it may require a bit of effort and time at the beginning, that wont be the case once your passive income system is up and running. Youll be working less and earning more.

Although making a breakthrough and establishing a successful passive income business may be a demanding task, at first, it will certainly pay off later. Freedom, independence and an all but full control of your own time are some of the perks of this kind of business venture. Granted, the first steps towards your passive income system will require work, sometimes even hard work, but the end goal makes it all worthwhile. One way of looking at it would be this: within a years time, with consistent effort, you may be well on your road to both freedom and security. Needless to mention, many people work an entire lifetime towards this goal, only to achieve it at old age.

The world in which we find ourselves today is increasingly dominated by technology. Some voices warn of technology taking over our jobs, marginalizing human effort and work, but they are failing to see the big picture. Whats more, whod want a back-breaking, painstaking job anyway, if an alternative can be to pull in that currency from the comfort of your armchair? With continuous technological advances come whole new markets, and thus a full spectrum of income sources, so easily accessible to millions.

In particular, well be looking at online sources of passive income in this book. Youll learn to do so via Kindle self publishing, Amazon FBA, niche websites, affiliate marketing, email marketing and online courses on Udemy. These systems dont need much in investments by way of capital. Youll just need to put in the work at the beginning and cruise thereafter when alls up and running.

Back when we were just kids, a lot of us were taught that it is better to do our homework as soon as we got home. Why? This is because that way we would have more time for playing later, and we would have no worries about our obligations ruining our fun. Not to mention, there would be none of those unpleasant moments when times running out, and you find yourself knee-deep in assignments.

Well, passive income is a lot like doing your homework as soon as youre home. You will put in the work right away, but with the aim of having more time to relax later.

So are you ready? If you are, turn the page and lets begin.