Let's start from the beginning.
I have gathered few videos from YouTube, which will explain you passive income concept.
For the best understanding, go through all below materials.

What is an asset?

 

An asset is anything that you acquire that puts money into your pocket over time.
They come in many forms, including real estate, businesses that don't require you to work at them.

An asset is anything that you acquire that puts money into your pocket over time.
They come in many forms, including real estate, businesses that don't require you to work at them.

Assets vs. Liabilities

 

An item is only considered an asset if it provides positive cash flow to you.
A liability is any acquisition that takes money out from your pocket over time.

Assets are what the rich use to generate wealth over time.

An item is only considered an asset if it provides positive cash flow to you.
A liability is any acquisition that takes money out from your pocket over time.

Assets are what the rich use to generate wealth over time.

Active income vs. Passive income

Active income is strictly related to trading your time for money. The more time you spend, the more money you receive. However, if you stop working, you will not receive any money.

Passive income is having assets, which generates money for you even without your involvement.
The more assets you have, the more money you receive.

Active income is strictly related to trading your time for money. The more time you spend, the more money you receive. However, if you stop working, you will not receive any money.

Passive income is having assets, which generates money for you even without your involvement.
The more assets you have, the more money you receive.

How to start earning passive income?

Main road to passive income is to become an investor.
In current world, it does not matter how old you are, because everyone can become an investor and create passive income.

Asset investment can be a real estate, cryptocurrencie (like Bitcoin).

Take the first step and start creating a better future for yourself!

Main road to passive income is to become an investor.
In current world, it does not matter how old you are, because everyone can become an investor and create passive income.

Asset investment can be a real estate, cryptocurrencie (like Bitcoin).

Take the first step and start creating a better future for yourself!

What is Network Marketing?

 It is a business model in which a distributor network is needed to build the business.

Some of the best known companies in America, including Avon, Mary Kay Cosmetics, use network marketing.

Commission is earned on the distributor's own sales revenue, as well as on the sales revenue of the sales force recruited by the agent and his or her recruits.

It is a business model in which a distributor network is needed to build the business.

Some of the best known companies in America, including Avon, Mary Kay Cosmetics, use network marketing.

Commission is earned on the distributor's own sales revenue, as well as on the sales revenue of the sales force recruited by the agent and his or her recruits.

 

Other name for Network Marketing is Multi Level Marketing (MLM).

Other name for Network Marketing is Multi Level Marketing (MLM).

How to be successful?

Answer is very simple, start investing in assets.

We all know that to reach a destination, we have to take a first step.
The same goes with investing!

You can start with any amount.

Just take a first step and you will achieve your goal!

Answer is very simple, start investing in assets.

We all know that to reach a destination, we have to take a first step.
The same goes with investing!

You can start with any amount.

Just take a first step and you will achieve your goal!

Warren Buffett education

If you want to get to know best ways to earn passive income, go through my website.

Here are few pages, which may be interesting for you:
1. Social networking and advertising portal - FutureNet & FutureAdPro
2. Passive cryptocurrencies mining and passive exchange market trading platform - Rockwall Investments
3. Passive Bitcoin mining platform - BitClub Network