We are going to discuss various Internet marketing and everyday marketing strategies that will highlight ways to make different types of Passive Income Streams. We will share with you ideas and strategies that we have used in the past. We will also answer questions real people ask about Passive Income and help everyone become more wealthy everyday as they build Passive Income Streams
Sunday, September 11, 2011
How do I develop more passive income?
Developing passive income takes time and can be somewhat methodical unless you strike gold on your first try. Basically I would try to create a good stream of income from 1 project say a website and once I got that website to its goal of say $500 a month I would keep reinvesting some of the money into the website to keep it going strong and take the other money into my next project say a rental house or a small business that will yet earn me even more money. So now I stil have the $500 a month coming in which could possible grow over time and then your other project starts to earn its goal of $500 a month so now we have doubled our money and will keep doing this until we are at our overall goal which you should set from day 1 so you have something to work toward. This all sounds easy in theory, but it does take time to build these properties or websites up to there full potential.
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