You can upload your training videos once and start earning money by enrolling students seeking graphic design training. There are millions of individuals across the world looking for such online training. So if you sell your course for $100 and 50 students enroll for the class, then your total income will be $5000 (i.e. over INR 3, 00,000). More the number of students enrolling in your class, higher would be the additional income.
I’ve compared their Compensation Plan with every other MLM out there and nothing beats this one. Refer 3 people and you cover your $99/month membership, so now you’re not paying. Easy, right? It was. Next level, help those 3 people do what you just did, you get a monthly bonus of $600 (minus your membership cost) so you Commission $500 every month. EVERY month. No one drops out once they’re actually profiting, and it’s consistent income, not some flashy startup bonuses, like many others offer. Do a comparison yourself to see how many people needed at other MLM companies vs. the 12 needed here, to be at a $500 monthly residual income.
With this real estate strategy, you simply buy an investment property and rent it out to long-term tenants. You get to enjoy a steady stream of income (cash flow) in the form of monthly rent collected from tenants. Real estate investors use this cash flow to pay down mortgage payments, while at the same time accumulating long-term appreciation for capital growth. The best types of rental properties to buy as buy and hold are single-family and multi-family homes.
Revenue Streams are the various sources from which a business earns money from the sale of goodsSales RevenueSales revenue is the starting point of the income statement. Sales or revenue is the money earned from the company providing its goods or services, income or provision of services. The types of revenue that a business records on its accounts depend on the types of activities carried out by the business. Generally speaking, the revenue accounts of retail businesses are more diverse, as compared to businesses that provide services.
The key thing to note in those various streams is how few of them rely on my active participation on a daily basis and how they are fueled from savings. My active participation is in the blogs and $5 Meal Plan. Everything is passive, outside of routine maintenance like updating my net worth record, and none of them would be possible if I didn't have the savings to invest it.