Description

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?

Unlimited access to the course for a lifetime.

Opportunity to earn a certificate accredited by the CPD Quality Standards and CIQ after completing this course.

Structured lesson planning in line with industry standards.

Immerse yourself in innovative and captivating course materials and activities.

Assessments designed to evaluate advanced cognitive abilities and skill proficiency.

Flexibility to complete the Course at your own pace, on your own schedule.

Receive full tutor support throughout the week, from Monday to Friday, to enhance your learning experience.

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

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Passive Income - An Ultimate Guide

By Studyhub UK

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