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
* Understand the foundations of passive, recurring, and residual income.
* Identify various types of recurring and residual income sources.
* Analyse the relationship between different forms of passive income.
* Develop strategies for building wealth through passive income.
* Apply the principles learned to create a sustainable financial plan.
WHY CHOOSE THIS PASSIVE INCOME - AN ULTIMATE GUIDE COURSE?
1. Unlimited access to the course for a lifetime.
2. Opportunity to earn a certificate accredited by the CPD Quality
Standards and CIQ after completing this course.
3. Structured lesson planning in line with industry standards.
4. Immerse yourself in innovative and captivating course materials and
activities.
5. Assessments designed to evaluate advanced cognitive abilities and skill
proficiency.
6. Flexibility to complete the Course at your own pace, on your own schedule.
7. Receive full tutor support throughout the week, from Monday to Friday, to
enhance your learning experience.
8. Unlock career resources for CV improvement, interview readiness, and job
success.
WHO IS THIS PASSIVE INCOME - AN ULTIMATE GUIDE COURSE FOR?
* Individuals seeking alternative income streams.
* Entrepreneurs exploring passive revenue options.
* Investors aiming to diversify their income.
* Professionals interested in financial independence.
* Students of finance and business looking to expand their knowledge.
CAREER PATH
* Investment Advisor - £30,000 to £70,000
* Financial Planner - £25,000 to £60,000
* Real Estate Investor - £30,000 to £100,000+
* E-commerce Business Owner - £20,000 to £100,000+
* Stock Market Trader - £35,000 to £85,000
* Affiliate Marketer - £20,000 to £50,000
PREREQUISITES
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.
CERTIFICATION
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.
COURSE CURRICULUM
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