Secrets To Creating Passive Income And Becoming Financially Free Even In A Slow Economy Deals on Automated Money Machine

Secrets To Creating Passive Income and becoming financially free ...

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Editorial Reviews

This is the place to start, if you want to discover how many new ways there are to create passive income. It is designed to be an idea generator with a plan of action built in.

The Secret to Becoming Financially Free is a simple equation: Passive Income greater than Expenses equals Financial Freedom! The financial gurus of our time teach that your money has to work for you if you are ever to reach Financial Freedom. Passive Income is the best way to accomplish this. When you think passive income, most people think stock investing, real estate investing, book royalties or savings accounts. Those are all good, but only represent a handful of the potential passive income streams that are available to you. This book is intended to get your creative juices flowing, give you ideas, tools and resources so that you can increase your passive income up to the point where you re financially free.

There s an old silly saying, The one who dies with the most toys - wins! We'd like to replace that commonplace saying with one that makes a lot more sense. The one that gets free first, wins!

Table of Contents
Introduction to Financial Freedom
About the Authors
Gift to Our Readers
Why the Hours For Money Model Doesn t Create Financial Freedom
It Takes Money To Make Money is a Myth
How the Rich Do it
Do Us A Favor...
Idea Fest:
The Value of an Opinion
The Value of a Problem
The Value of Experience
Practical Application:
How to Get Paid for What You Already Know
How To Get Paid for What You Want to Learn
Duplicating Yourself
Making Your Resources Work For You
Making Your Money Work For You
Your Needs, Your Goal:
Calculate Your Expenses, Know Your Goal
Pep Talk
Can You Decrease Your Expenses Anywhere?
Should You Increase Your Expenses Temporarily?
How Much Income Do You Bring In now?
Create A Plan
Conclusion:
Pass It On
The Challenge
Sources & Resources

Customer Reviews

Not worth the money

Reviewed by freebird96, 2009-01-14

very disappointed in this book. Only the newest of newbies to passive income generation would find anything of interest here. you would do far better for yourself searching online and sifting through the various turn key affiliate marketing/e-book creation/mlm programs with a discerning eye than wasting time with this book.

The secret is actually doing the work

Reviewed by A. Casey, 2008-10-16

Secrets to Creating Passive Income outlines the ideas, then you actually have to do the work. Many of the authors' ideas are ones I've heard before, but thought I couldn't do. This book says "you can do it, and here's how."

I've started using some of the ideas that fit for me, like using affiliate programs, writing books and giving workshops. It's exciting every time I get an e-mail that says I've referred a sale! I'm finishing my first book and I've given several workshops. Workshops are my favorite and will be a great place to market other passive income products - books, workbooks, CDs.

While I'd like someone to give me a magic bullet that would start bringing in hundreds a day, this book actually tells me how to get started, and how to steadily build passive income over time.

The real secret of this book...

Reviewed by Ian D. Serlin, 2008-10-03

1. Write something
2. Make a website
3. ...
4. Profit

Alternatively you can make a speech, join an affiliate program, sell dogs, or... come up with your own idea.

If the authors had lived 50 years ago they would've sold tupperware, 100 years ago it would've been miracle elixir.

The 4 Hour Work Week by Timothy Ferriss is 1000x more interesting, useful, creative and inspiring.

A brave new world... (or at least perspective)

Reviewed by Mike G., 2008-09-22

I liked it. It is a brave book to take on this topic this way.

I can see the potential in these pages and it is unlimited, but it is unlike any other finance book out there - at least in my experience, most of those assume your head's in the wrong place and they want to fix your thinking to help you 'feel more abundant.' Frankly, I'm tired of those and I liked this approach.

Through case studies, the authors make their points and then show you how to apply that concept to your own situation. It is pretty simple, straight forward and easy to implement. If you're not where you want to be financially, go ahead and do all the inner work you want, but when you're ready to figure out HOW to get it done, get this book!

A get rich quick scheme - no - A METHODICAL, REPEATABLE 'GET RICH' SYSTEM - YES!

Reviewed by Mike G., 2008-09-22

For those of you looking for a 'get rich quick' scheme - look on. But for those of you looking for a system that extracts meaningful, potentially profitable ideas and ways to implement them, this book is for you!

The potential in these pages is unlimited, and it is unlike any other finance book out there - at least in my experience. Most of those other 'financial freedom' books assume your head's in the wrong place and they want to fix your thinking to help you 'feel more abundant.' Frankly, I'm tired of those although I agree with them in principle, I wanted a book that would give me solid HOW-TO tools. This book is that.

Through case studies, the authors make their points and then show you how to apply that concept to your own situation. It is pretty simple, straight forward and easy to implement. If you're not where you want to be financially, go ahead and do all the inner work you want, but when you're ready to figure out HOW to get it done, get this book!