Equity of passive income :
If you do decide to trade your time for passive income equity and forego much cash remuneration upfront and make sure you’re choosing the right businesses, make sure you’re choosing a business with high growth, make sure you have a business set that’s looking. After the customers going to be around for a long time and the other, the other idea that you can follow is by creating and selling digital content online, which means the obvious ones are books, music, art, etc. But there is so much more than that; you can sell document templates online, you can do stock photography online, and you can do sound bites. I’ve even seen people selling these voiceovers for automated voice recording systems on telephones.
There’s just so much space it is crazy; it could be a simple how-to guard, and you know, if you’ve got an area of expertise, you can pretty much film yourself and put those up they mean they’ve got a great example of this. They have a Jeep Wrangler phonetic, which means they must have spent a lot of time working on their Jeep, and what they recently started doing is filming things. That they’ve been doing, and they’ve been posting it to very niche places to show people how to fix something to show people. How to do something that they didn’t know how to do before that they had to learn, and people are paying to view their content.
It’s fantastic, so you know, digital content; they think everybody tends to write two e-books, books, music, etc. But there’s a much bigger world out there think the last thing about digital is you can solve it for anyone in the world. It’s global, it’s not, so it’s not locally based absolutely; they mean they’ve come across some amazing stuff; they mean people selling Excel formulas.
The formula for making passive income :
If you know, mean, if you spent any amount of time in Excel or Google sheets, you’d know that finding formulas is a bit of a pain in the butt, so people are selling some really like good formulas that help you. They’re making an absolute fortune out of it; you know there may be only charging two bucks or three to get the formula. But it’s passive income reoccurring all the time, and one of the things that they particularly like is crowdfunded farming; there are many examples of this; in South Africa, a fed group recently started a crowdfunded farming idea, and you can bind to solar farms.
If you can buy blueberries and the other ones of blueberry on honey, you put your money in, and that money goes to creating the farm sustaining the farm Working. If you know the great, the great thing about that is they all know that food is an essential commodity that everybody needs, energy is a basic commodity that everybody needs, and you know. If you can put your money to work for you in those areas if you have money to invest and they stand corrected, but they think with the food group, the minimum investment to start there are about five thousand rands, but it’s a high passive income. Because not only do you generate money for doing very little, but you’re investing in something that you know people will use all the time; people have to eat and have electricity rights. So crowdfunded farming is a big must; they also own shares in crowdfunded farming of pineapples every quarter and pecan nuts in Panama. You know they produce excellent returns for minimal effort.