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A neglected conversation in passive income – By Douglas Vermeeren, The worlds #1 Passive Income Coach

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The conversation that most people are having around passive income is always around how to make more money. While this is an important conversation it is missing a very essential component if you want to become wealthy. (it also lets you know clearly who understands wealth from Passive Income and who does not.)

A Passive Income Lifestyle and wealth through passive income must include more than an understanding of creating income streams, it must also include a conversation around how to preserve and protect the income generated through passive income streams.

NO, I’m not just talking about a boring conversation around tax strategies and financial planning. Protecting assets and money generated through passive income is generally more complex (and important) than what can be done around regular income streams. Often times passive income comes from untraditional or unconventional methods and that means you need to have specific and appropriate ways to protect it.

You will need to find an accountant who is well versed in how technology of today generates money, the expenses associated with the use of this technology and also an understanding that you may no longer be based in the country where you have paid taxes in the past. This is certainly true if you are a bit like me where you spend the bulk of your time abroad. In fact, you should have seen may tax returns for the years that I was abroad in Asia. As a non-resident in the country of my passport I paid very little in taxes. Obviously with more and more people gravitating towards a passive income lifestyle that includes travel and living abroad these are certainly considerations you need to be aware of.

As for marketing and technology it’s important for your preservation support team (account, bookkeeper etc.) to understand that marketing is the lifeblood of online passive income. Without it you cannot thrive. But they also need to understand the experimental nature of some of the campaigns. Not only can you discover tax deductions as a marketing expense but these can also receive benefits as R & D (Research and development) for you company. Just a consideration for you to be aware of.

And certainly the systems you need to create to support delivery of online products or digital delivery are often overlooked. These are components that traditional businesses often received benefits and deductions to create in the real world but are often overlooked online.

As the rest of the world catches up to the online world there will yet be many interesting changes and considerations given. Be sure that those you select to help you are aware and can support you in preserving your assets and capital.

Stick close as we explore some of these ways in the future.

#1Passiveincomecoach #douglasvermeeren #passiveincome #passiveincomemillionaire #passiveincomemillionairebook #dougvermeeren #passwiveincomegoldmine #Massivepassiveincome

Some essential considerations in creating Passive Income – By #1 Passive Income Coach

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Creating passive income can be hard work in the beginning. Most people in fact, never get to a high level of passive income because they give up or lose hope when the rewards don’t immediately arrive. Passive Income, when done properly, requires commitment, effort and energy. (And it’s kind of obvious who is really doing in real life when you see how people talk about passive income.)

It will also be a passive results always followed by an absolutely active beginning. Without your expertise you will also find it more difficult. Those that will buy from you to create your passive income have many choices today. They aren’t looking to give their money to people that can’t get them results or the information they need quickly – and they don’t want the same information they’ve seen everywhere else.

Passive income is really for those who are prepared to stretch and serve more than their competitors.Or set up better systems than their competitors.

#1passivecinomecoach #douglasvermeeren #passiveincome #massivepassiveincome #passiveincomemillionaire #passiveincomemillionairebook

Why you need passive income – by the #1 Passive Income coach

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Passive Income is supposed to be just that PASSIVE. That means that it does not occupy much of your time once it is set up and running. Can you believe that as I am here snorkelling and finding sea shells I am making money. This is the kind of experience I believe everyone should have. And it’s not that difficult to do if you know the right systems to set up.

Passive income is your ticket to freedom and it is the way that all wealthy people build their fortunes.

No one wealthy trades time for money.

They just don’t do it.

I am just about to launch my newest ebook that will show you how to build passive income in your life. I am excited about this because this book reveals how you can actually create passive income using easy to follow ideas and strategies. In this book I dispel so many of the passive income myths that cause most people to think it’s just too hard. It’s not.

It really easy quite straight forward and there are specific things steps you can take immediately that will make it even easier. Stay tuned and shortly you can get your own copy of this easy to use manual for wealth.

#1passiveincomecoach #passiveincomemillionaire #douglasvermeeren #millionairementor #passiveincomemillionairebook #yourfirstmillion #passiveincome #Freedom #millionairelifestyle #1wealthcoach

#1 Passive Income Coach – Passive Income allows you to seek out Adventure.

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That was a fun day as I stood for the first time on the Great Wall of China. I never eer thought I would see this place live growing up. It just wasn’t a possibility given the financial circumstances I had come from. We were broke and the closest I ever came to this kind of adventure was borrowing books from teh Public library.
That day however I realized how much Passive Income had changed my life. It literally opened the doors to adventure for me.
Now as I stood on the Great Wall I had another epiphany.
You can see from the picture that The Great Wall goes on for miles and miles, stretching over hills and mountains further than the eye can see. SOme have even said that The Great Wall is the largest manmade object on earth - even visible from outer space.
Here’s the epiphany. As I stood on the Great Wall I looked down a tmy feet and saw that the entire Wall was made up of small bricks. It was then that I realized that the reason why most people never build financial freedom through passive income is that they look for the big payoff. (The Wall) and they neglect how the wall is built. (Small bricks.)
The lesson don’t neglect starting with small passive income streams. Recognize that you will need to build several small streams to create your life of financial freedom.
Passive Income allows you to step out from behind a desk or a job and LIVE! Our planet has so many amazing things to see and do. Most people will never have the chance to explore even a fraction of it.
You don’t want that to be you. Seize the day, embark one the exciting journey which is life! And that opportunity can become your daily life through Passive Income!
#1passiveincomecoach #douglasvermeeren #passiveincome #pasiveincomemillionaire #neverworkagain #passiveincomecashflow

Passive Income requires an active beginning – Douglas Vermeeren #1 Passive Income coach

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Most people think passive means doing nothing. The truth behind passive income is that it is only created by those who take action and it is maintained by those who implement systems. Passive income works for those who understand how it works. Passive income systems are not accidental and they don’t occur by chance. They originate with a choice and continue grow in exactly the same way.  Get started today!  #1passiveincomecoach #douglasvermeeren #passiveincome #makemoremoney #livefree #neverworkagain #passiveincomemillionaire #passiveincomemillionairebook

You can show up how you like

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Douglas Vermeeren #1 Passive Income Coach quote

I still remember the day I showed at a business meeting in my Ferrari. (This car in the picture is actually not mine – it’s my friend Ryans. And it’s a Lambo for those who know their cars. By the way he makes his money passively too.)

Any ways, I showed up in this meeting in my Ferrari and I was wearing shorts, a t-shirt, flip flops and a baseball cap. It was a big real estate deal and everyone else was in a proper business suit. At first I was uncomfortable because I wasn’t aware that the meeting was going to be so formal. One of the guys beside me sensing I was feeling uncomfortable leaned over simply said, “You can show up in Shorts and a T-shirt or anything else you want when you drive a nice car.” Everyone around the table laughed. I’ll never forget that moment.

And since then I have thought about how having a passive income lets you live the life you want regardless of the setting. The bottom line is when you live with passive income you don’t have the same rules as other people.

#douglasvermeeren #passiveincome #1passiveincomecoach #createpassiveincome #cashflow #passivecashflow #makemoney #ferrari #lamborghini

Never trade your most valuable asset for money – #1 Passive Income Coach

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Douglas Vermeeren # 1 Passive Income CoachAll traditional streams of income require a trade. At the top of the list of things that you are trading is time. Time is your most valuable asset and the one thing you can never replace. Passive Income is the most powerful tools you cancreate to recapture your time and ultimately your life.

Passive income arrives as you understand how to create value or package the value you already have in ways that it can be systematized and leveraged. Most people never take the time to figure this out and as a result they get stuck in the rat race.

Make a commitment today to start leveraging your value in the marketplace.

#Douglasvermeeren #1passiveincomecoach #passiveincome #financialfreedom #getbackyourtime #entrepreneurlife #Millionairelifestyle #passiveincomelifestyle #Passiveincomemillionaire #neverworkagain