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I suppose you've probably heard about how some people are making passive income online; however, he is still not sure where to start. You have thousands of passive income ideas floating around …
– Should you start an e-commerce store?
– Should you do affiliate marketing?
– Should you build a Youtube channel?
In this video, you will learn 3 proven ways to earn money online.
What is the passive income?
This involves working once in creating an income stream, which then generates money for you almost automatically for a prolonged period of time. For example:
When an author writes a book it involves a lot of work. You may need to spend months or even years researching the subject, writing and editing the content.
However, when the book is published, it becomes a good source of passive income; because the author no longer needs to work on his book; but it will still generate royalties for years or even for a lifetime.
Technology has opened a new era. It has many new ways to earn passive income online compared to our ancestors.
Therefore, you do not need to work on the typical 8/5 job to earn money. In other words, constantly exchange your time for money.
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Video credits to Jordan Alexo YouTube channel