Totally Fulfilled
This type of income can snowball on its own without you having to monitor it on a daily basis. For example, if you decided to create a monthly electronic online newsletter about how to stay healthy, you could write one each month with maybe a day’s work and sell that one piece of information over and over again with a click of a mouse. You could potentially have thousands of people enjoying your service, getting great value, and paying you monthly for something you did once: Minimal cost, minimal effort, with great upside profit potential. This is just one example of thousands of opportunities you can create. Do you currently own a business and have a database of satisfied customers? Offer them a monthly newsletter or service that can help them, while you increase the value of your company or product, and at the same time create passive income for yourself. Want to start your own business? Try to implement a passive income model into your plan. This strategy is not something new, and it can be adapted to many different fields and industries. Bill O’Reilly, of Fox News Channel’s The O’Reilly Factor, is a great example. Love him or hate him, his TV news talk show brings in the audience. But what you may not realize is that, in addition to his talk show, he promotes his passive income machine at the end of each show by sending people to his web site. There, he offers a monthly service that has incredible value to his subscribers for just a few dollars each month. The information and services are created once and sold Core Attribute #8 Totally Fulfilled people are money-wise. They value money for the freedom it brings them, they invest wisely, enjoy what they have, and let their money work for them so they can alleviate the stress from lack of money in their current life and leave behind a legacy.
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