Saturday, January 9, 2010

Passive Income Business

Passive Income Business

A Business can be a good source of Passive Income weather it’s the Online Business or traditional offline business. What I like about developing Businesses is that, as long as you hold it, you will have a steady passive income stream and when you sell it, it will give you huge profits in the form of Capital Gains.

Now, Take the Example of this Blog. This Blog is my Internet Business which I have developed from Scratch. I have not invested any money behind this Blog (Except the Internet Charges every month). I have only invested my time behind this blog. And today this Blog is giving me handsome passive income every month via Google AdSense. Now, this is only one income. The other Income is the Capital Gain which is “On paper” right now. Over the time, the Valuation of this Blog is increased by several folds.

When I started this Blog, the Valuation of this Blog was 0. But today it is $ 24,000. And it is growing very fast day by day. So whenever I will sell this blog, it will give me a huge capital gain.

Now, What many people fails to do is, they fail to replace themselves in their own Business. And I call it Self-Employed Business. The real Business is one which works and grow even without the presence of its owner. So What I advise to every one is, Invest your Time, Money & Energy behind developing a Real Business in which your presence is not require to run it.

But for that, you have to grow your business to a certain level that from which it can higher the top level of managers to run it. If your Business is large enough, it can higher the employees and managers to run it even without your presence. So Develop a passive Income Business as early as possible in your life.

Developing a Passive Income Business means adding 60 more hours every week into your life.

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