If you are searching for ways to generate regular Passive Income then read our full blog कम मेहनत मे Regular Income कैसे बनाएँ? ~ How to Make Regular Passive Income with less effort?. It helps all business people, start-ups, and entrepreneurs.
Passive Income
If you want to earn a regular income then you must earn a Passive Income. Here, Passive income is when you continue to get paid after the work is done. The Followings are the list of Incomes which includes Passive Income.
- Write a Book and earn royalties from it.
- Movies or Songs.
- Income from real estate investments.
- Dividend Income.
- Rental Income.
- Peer-to-Peer Lending.
Passive Income is an Income where you make an investment where you don’t have to be present to earn it. Therefore, a Person Earning Passive income is receiving a cash flow on a regular basis. There is no effort required by the recipient to maintain it.
Check our other BlogPost Top 5 Fastest Ways to Get Rich
A doctor, a lawyer, or an accountant will earn money till they actively do the work. If they take a day off, they will not earn a single penny for that day. And an Entrepreneur will develop a business method that constantly makes him money. Every successful person pursued his/her passion and that’s why they are earning a huge load of money.
“You can only be financially free when your passive income exceeds your expenses.”
Recurring Revenue
Recurring revenue is the portion of a company’s revenue that is highly likely to continue in the future. Recurring revenue is revenue that is predictable, stable, and can be counted on in the future with a high degree of certainty.
Hence, the following are the ways of Earning Recurring Revenue.
- Increase sales.
- Increase expansion revenue.
“If you do not find a way to make money while you sleep, you will work until you die.”
Read More Article: 8 Mistakes that Kill Startups
Please share with your friends and follow us on Instagram for regular motivation quotes.
