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Passive Income Power

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Douglas Vermeeren #1 Passive Income coach Freedom.jpg

I don’t say this to be cheeky. I say it because this opinion is available to you. And yes, right now you are working to hard for what you are getting out of life. Passive income is within your reach Work once, set up systems and get paid forever after. If you follow the rules of leveraged income it really is that straight forward. And if you felt jealous as you looked this picture it’s because you believe you should have this kind of lifestyle. I believe you should too! So what’s holding you back? And if you are hustling there’s a good chance you are doing it wrong. #passiveincome #1passiveincomecoach #createpassiveincome #douglasvermeeren #millionairementor #entreprenuer #entrepreneurlifestyle #hustle #freedom #freedomlifestyle

Passive Income advice from Warren Buffet – From the #1 Passive Income Coach

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BBR65yF.imgWarren Buffet one of the wealthiest men in the world is a voice that should be listened too. Especially if you are looking to build a positive financial future. He once said, If you don’t learn how to make money while you sleep, you will work until you die. What’s he’a talking about is passive income. All the wealthiest people in the world and even many who are not as wealthy have created passive streams of income.

Isn’t it time you started to do that same?

The best way to become rich is do what rich people do.

Douglas Vermeeren #1 Passive Income Coach 10

 

#1passiveincomecoach #douglasvermeeren #passiveincome #createpassiveincome #millionairementor #wealthcreation #passiveincomelifestyle #passiveincomemillionaire #passiveincomemillionairebook

How can I create Passive Income? From the #1 Passive Income Coach

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How can I create Passive income? From the #1 Passive Income Coach

How do I create passive income streams?

What is a good Passive Income Stream?

Can I become Financially Free through Passive Income?

Where do I start in creating Passive Income?

Many people don’t create their financial freedom through passive income because they think it’s complex and you need a special kind of smarts. Like anything else in life passive income can be learned and it’s actually a lot easier to do than most people think . Generally speaking people make simple things complex because of fear. Don’t let fear keep you from your freedom. Just because you haven’t done something before doesn’t mean you can’t do it.

And do it you must if you want to become financial free. Now passive Income isn’t always what you are told. It doesn’t necessarily mean living on the beach, driving the fancy car and travelling around the world. It could mean that. But that’s a choice. What it means more than anything is that you STOP trading your time, efforts, freedom and inspiration for money. You no longer have to make the exchange. And those things: time, effort, freeomd and inspiration become yours again. So quite frankly I think that’s bigger than the beach, a car or travel. You can don those things — but the really is you can do anything you like.

The formula for creating Pasive Income is relatively simple. It can be done online or offline. Typically it is done in one of the follloing five categories:

  1. Business
  2. Real Estate
  3. Investment
  4. Intellectual Property
  5. Leveraging networks and relaitonships

In a future article I will share some specific ideas and strategies in each of these areas. for today I want to unfold for you the simple Passive Income Equation. This is the equation of what you will need to hasve in place in order to produce passive income.

It looks like this:

Asset/service + Customer Transaction + Vehicle = Passive Income

Let me share a little bit about each one. If you want to learn more about this head over to my blog, social media or grab my book for $5 bucks. (Link at the bottom of the article.)

Asset/Service — This is what you are going to be providing to the cusotmer. Naturally to create passive income you need to have something to sell. You will either sell a physical asset (product) or a service.

The asset or service must either solve a problem or fill a need. We’ll get into more on this later.

When it comes to passive income the asset must be something that can be shared with out you present and I’ll get more into that as I talk about vehicles. And if its a service it must be delegated to the service provider. Again this needs to be done without your involvement — and I’m just getting to that.

Customer Transaction — Naturally this is the goal of the process. How do you get people to buy something. In the future we’ll tlak more about how you are going to do this from a psychology point of view. But for todays purposes I am simply going to point out that you need to develop the correct transaction for your customer. Which means how much is the product or service? What are they really going to get? And what kind of customer are you aiming at?

Most people only have one kind of product available for a customer and as a result lose a lot of sales. There are two kinds of transactions you will want to consider for your cusotmers. I call it Math and Diamonds.

Math focuses on quantity and the product is generally inexpensive.

Diamond focuses on quality and is generally more expensive.

I advise my students to have both as there will be people who want to fast track their solution and they’ll pay more for the support and quality. But you’ll also have a large number, who until they know you, may not be willig to make a big investment.

Vehicle — Is the method of delivery. How will you share the asset or service with the cusotmer. This is where most people fail in creating passive income. They create an income stream — but it’s not passive.

This vehcile can be create offline or online. But it. needs to be a system where you are not involved in the delivered or exchange and money is collected without you present. You must find a way to replace you.

If you are a cog in the wheel you become a clog in the wheel.

In passive income you will often put in significant effort and work at this stage. But you do it only once and get paid forever. Most people don’t understand that even passive income will require occassional maintenance to keep the vehicle operating effectively. So be prepared to check in occassionally on this.

 #1passiveincomecoach #douglasvermeeren #passiveincome #passiveincomemillionaire #passiveincomemillionairebook #1wealthcoach #passiveincomeforever

Here’s the link to the Book Passive Income Millionaire — www.PassiveIncomeMillionaireBook.com

Passive Income in Ancient times – #1 Passive Income Coach

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#1 Passive Income Coach Douglas Vermeeren

What a great setting to talk about how old passive income really is. This is me in front an ancient Hieroglyph wall from Ancient Egypt. This was in the Royal Museum in London.

Passive Income has been in existence from the beginning of time. It is not something new that arrived with the internet. Although for some passive income possibilities the internet certainly makes it easier.

Passive Income relies on the principles of leverage, creativity, duplication and systems. When you can understand how to use these specific vehicles to sell more you can create passive income.

Most people never create passive income because they don’t understand these principles. And more than that they don’t understand that these principles can apply in almost any transaction or scenario. They cna be used in business, real estate, investing, capitalizing on your own Intellectual property and even in working with your networks.

Passive Income is the foundation of all wealth. You will never be able to become wealthy unless you understand the principles of passive income or how the transactions that bring money into your life can be duplicated. Passive income comes from activity not by accident.

Passive income has been practiced since the dawn of time. Ancient cultures practiced these leveraged forms of money creation through activities such as money lending, real estate rental, using slaves as labor (not recommended today), and hiring workers to manage stores and so forth. Today there are many other tools that we can use to help create leverage, creativity, duplication and systems that will sell on your behalf. Sometimes these systems will use people other times they may not.

If you look at the history of passive income you’ll quickly recognize that it’s becoming easier, quicker and less-expensive to create passive income than every before.

Now is your time – get started and start taking back the time you are trading for money.

#1passiveincomecoach #douglasvermeeren #cashflow #passiveincomemillionairebook #passiveincomemillionaire #secretsofpassiveincome #neverworkagain

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

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

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Douglas Vermeeren #1 Passive Income coach 4

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