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Why passive income is important?
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[QUOTE="Jasz, post: 250392, member: 61772"] [FONT=Trebuchet MS] Passive income is money you make while doing nothing much. The idea is that you invest something once and then it keeps on bringing in the money. In the past, this was only possible with a business, but today, the internet is providing more opportunities than ever to generate passive income. The first step to generating passive income is to have a business idea. This can be an app or website, but it can also be something as simple as selling t-shirts or giving advice on how to cook certain foods. Once you have an idea for your business, you need to put together a plan for how it will work and then execute that plan by creating the product or service and marketing it online. Once your business starts generating some income from its own efforts, you can start taking steps toward making it more passive by hiring virtual assistants or outsourcing parts of the process so that you don't need to spend all day working on it yourself. Their so many ways to achieve passive income, but it takes a lot of ideas and effort to achieve it once, after which you can sit back and get the reward.[/FONT] [/QUOTE]
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