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What to Expect From Passive Income? From Ahyanah Mincy’s E-book Ultimate passive income
Ahyanah Mincy’s
Passive income is what many consider to “live their dreams.” If you’re earning passive income, it means you’re making money from a website, digital product, or affiliate product you’ve previously set up. Now you can sit and relax while the money is being poured! Potentially you can expand this business to become very wealthy, but in either way, you can benefit from no longer exchanging your time for money!
But is it really like that? Are you heading for a lifetime of making money while relaxing on a really beautiful yacht?
This is not a lot of money!
Perhaps. But the first thing to realize is that this is by no means a “one-off” scheme. This is not a method that can be used to make money without the same amount of work and time in advance. You are still working for income, the only difference is that you did this job “in advance”.
Another thing to be aware of is that this requires a lot of time and trial and error. In most cases, you shouldn’t expect to make hundreds of dollars a day for the long term.
Instead, it takes time, work, and a lot of patience to finally reach that point. If you start a passive income business model thinking you can quit your job right away, you should expect to be very disappointed.
Instead, the best way to think about passive income is to add a little extra income to your existing settings. Think of e-book sales and ad clicks as “extra” revenue and a way to improve your overall salary.
That way, you won’t be disappointed if you make $ 20 a week in e-book sales. Still, $ 80 a month and $ 960 a year is enough to have a good vacation.
But more importantly, if you start making this money and enjoy making it, you will find that it starts to increase. If you don’t quickly become frustrated and give up on passive business, they will grow over time and start making more and more money.
It’s a way for you to successfully grow your passive income, which allows you to ultimately give up on your day-to-day work.
Infinite scalability
Another great thing about the passive income model is that it is infinitely scalable. Since we are not exchanging man-hours for money, there is no limit to the number of times we can repeat the same business model over and over again.
Are you making a profit by selling e-books on your Kindle? Then why not make another one? And another? And another? In this way, you can increase your sales over and over again.
And in the end, you’re almost certain to land on that “hit” that will be your real cash cow. It takes time, patience, and luck. But it’s worth it!
Her new e-book has 41 pages of information https://www.lulu.com/en/us/shop/ahyanah-mincy/ultimate-passive-income-earn-while-you-sleep/ebook/product-vqeeg7.html. This book provides a variety of options for passive income options and step-by-step instructions for achieving each option.
Sebastian was born and raised in the busy city of Abbottabad. As a journalist, Saad Mushtaq has contributed to many online publications including the PAK Today and the Huffing Post. In regards to academics, Saad Mushtaq earned a degree in business from the Abbottabad UST, Havelian. Saad Mushtaq follows the money and covers all aspects of emerging tech here at The Hear Up.Thanks