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The true definition of Passive Income freedom – By Douglas Vermeeren, #1 Passive Income Coach

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Too often passive income gets a bad rap because everyone thinks those creating it are just out to make some money for themselves and then sit on a beach somewhere. Recently y students proved once again that this is not the case.

I was so proud to see that so many of our students have understood that the true purpose of wealth is ultimately to bless the lives of other people too.

Passive income isn’t just about making your own life easier and gaining your own freedom. In the truest sense it is about liberating all within our influence and seeking to extend that influence wherever we go. True freedom and joy come as we are able to create abundance beyond our immediate circumstances.

I am grateful agin to my students who are taking the lead to demonstrate in the world the true meaning of abundnace and a passive income lifestyle. Thank you!

#1passiveincomecoach #giversgain #dogood

More Student Success Stories

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More of my London Students are creating passive income for themselves and moving closer to a life of freedom and Choice. Check this out!

#1 passive Income Coach - More Student success

 

#1passiveincomecoach #success #financialfreedom #passiveincome #residualincome #douglasvermeeren #1wealthcoach #multplestreamsofincome #douglasvermeeren

Success is not a solo enterprise – Douglas Vermeeren, #1 Passive Income Coach

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#1 passive income coach - douglas vermeeren - teamwork

Most people make the mistake of thinking that whatever they want in life they must do by themselves. In fact, there is even a famous saying that many people have misunderstood. ‘If it’s meant to be – it’s up to me.’ While it’s true you need to be the one to initiate what you want, and you even need to be the one to organize how it will be done – wealth and success is actually a team sport.

And the more help and support you can find the easier it is to create. All of the most successful people in the world have created the results they have achieved by finding smart people to have help them. T

hat’s how they did, that’s how I did it. That’s how you’ll do it.

Leveraged the best support for the people around you and success will come quicker.

#1passiveincomecoach #douglasvermeeren #entrepreneurlifestyle #success #wealth #abundance #entrepreneur #success #entrepreneurlifestyle

Are you using a system to create success? By Douglas Vermeeren the #1 Passive Income Coach

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#1 passive income caoch - douglas vermeeren - systems.jpg

Systems are the foundation of success in almost anything. The give you the ability to create results, repeat them and improve on them. Systems are the key ingredient in creating leverage. Unless you use systems you will always be stuck in the rat race and trading your time, effort, opportunity and freedom t make things happen in your life. Systems allow you to get other people, technology, services and devices working on your behalf.

Imagine a carpenter trying to put in a nail without a hammer. That’s where most people stop. Now imagine you have a carpenter with a hammer who will put the nail in for you while you’re doing something else.

That’s what I am really talking about.

How are you using systems to grow your wealth and success?

#1passiveincomecoach #passiveincome #millionairementor #douglasvermeeren #entrepreneur #entrepreneurifestyle #freedom #financialfreedom #passiveincomemillionaire #escapetheratrace

Abundance is everywhere

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#1 passive income coach - douglas vermeeren - abundance

I once had a mentor point out to me that everyday they are printing money at the mint. We just get to decide by what we do how much of it will wind up in our hands. The problem is most people want abundance and the freedom it brings but they have no idea how money circulates and how they can attract more of it into their lives. The first step to over coming scarcity and lack is to understand that you have the power to shape your circumstance.

There is no lack of resources only a lack of know-how or belief. Here’s the good news, Know-how can be immediately overcome through learning and support from others. Belief however is the big obstacle. If you don’t believe it you won’t even get started.

 

#1passiveincomecoach #douglasvermeeren #millionairementor #entrepreneur #entrepreneurlifestyle #passiveincomelifestyle #leveragedincome #whattherichdo #lawofattraction #attractmoney #wealth #passiveincomemillionairebook #financialfreedom #freedomlifestyle

Are you making the wrong trade? #1 Passive income Coach Douglas Vermeeren

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Douglas Vermeeren #1 Passive Income Coach 8

Income generally requires a trade. You trade your time, effort, freedom and inspiration. In other words when you are working at a job all of those things you trade are owned by your employer. One of the saddest cases of owning inspiration I think, comes from the life of Comic book legend Stan Lee. He created Spider-man, Thor, The Hulk, Fantastic Four and many others yet he owned none of them. He did not receive royalties. Some of the greatest creations that would have neared him millions in passive income yet they belong to an employer because he was involved in this trade. Just this tragic story alone makes me want to have more passive income in my life.

PAssive Income allows you retain your most precious gifts. Again these are : time, effort, freedom and inspiration.

Others must show up at work at a specific time and even when their work is done they have to stay until the clock hits 5 o’clock. That’s no way to live. And when you are sick you actually have to call in to ask someone if its okay for you to take a day. (I’ll give you an interesting insight. I am never sick because I never have to ask for a day. I get everyday and I believe its that lack of stress that keeps me from getting sick. I have never had to ask a boss if I can take some time for a family activity. Or even more fun… I can hop on a plane anytime for any reason and that really makes it easy to take advantage of last minute flight deals.

A passive Income lifestyle gives you back everythign you normally have to trade to meet your financial obligations. You don’t want to be caught int eh rat race. As Robert Kiyosaki says, “Even if you win the rat race — you’re still a rat.” Why would you want this?

Now here’s the kicker. Take another look at the picture with this article. There’s something very interesting about this picture and it’s not completely obvious jsut by looking at it. But its definitely worth pointing out. Are you ready for it?

In this picture I am making money. My version looks a look different than what many of you are currently experiencing. Reach out if you want to get started.

#douglasvermeeren #1passiveincomecoach #passiveincome #cashflow #stanlee #spiderman #hulk #dontgetajob #thor #richdadpoordad #richdad #robertkiyosaki

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

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Douglas Vermeeren #1 Passive Income coach 6

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