Passive Income – 10 Steady Passive Business Models (A-Z)

Passive business models are business models that allow the business owner to earn passive income without having to actively work on the business on a regular basis. These types of businesses are often designed to be automated and require minimal input from the owner once they are set up and running. Here are some examples of passive business models:

1. E-commerce: Setting up an online store selling physical or digital products can be a great way to earn passive income. Once the store is set up and the products are listed, orders can be processed automatically and fulfilled by a third-party logistics provider. The owner can then focus on marketing and growing the business.
2. Dropshipping: Similar to e-commerce, dropshipping involves setting up an online store but instead of carrying inventory, the store owner works with a supplier who ships products directly to the customers. This eliminates the need for the owner to manage inventory or handle shipping and fulfillment.
3. Affiliate marketing: Affiliate marketing involves promoting other people’s products and earning a commission on sales made through a unique referral link. This can be done through a website, social media, or other digital platforms.
4. Rental properties: Owning rental properties can provide a steady stream of passive income from rent payments. Property management companies can handle the day-to-day operations of the properties, allowing the owner to be relatively hands-off.
5. Software as a Service (SaaS): Creating a software product that can be sold on a subscription basis can be a great way to generate passive income. Once the software is built and the business is set up, ongoing updates and maintenance can be outsourced to a team of developers.
6. Digital products: This includes e-books, online courses, templates, and other digital products that can be sold online. Once created, these products can continue to generate income for years to come.
7. Membership sites: These are websites where users pay a monthly or annual fee to access exclusive content, services, or products. Once the site is set up and the content is created, it can continue to generate income without much additional effort.
8. Stock market investing: This involves investing in stocks, bonds, or mutual funds that pay dividends or interest. The income earned from these investments can be passive if the investor does not actively manage their portfolio.
9. Franchising: This involves purchasing the rights to operate a proven business model from an established company. Once the franchise is set up, the owner can earn passive income from the ongoing royalties and fees paid by franchisees.
10. Advertising: This involves placing ads on a website or blog and earning income based on the number of clicks or impressions. Once the website or blog is established, the owner can earn passive income from the ongoing ad revenue.

These are just a few examples of passive business models. It’s important to note that while these businesses can be a great way to earn passive income, they often require significant upfront investment of time and money to set up and may involve risks associated with any business venture.

What you’ll learn

In this course, you’ll discover how to set up passive income businesses that will continue to generate revenue for years to come. You’ll learn about three different business models that will bring in steady income while you sleep. You’ll gain a comprehensive understanding of each model from A to Z and learn how to replace your day job with any of them.

Online Course Business

You’ll discover how to create an online course business that you can launch and run immediately. You’ll learn how to teach others about your hobbies or skills and make money in the process. You’ll also discover how you can continue to make a steady income from courses you’ve already published, years after they were created. You’ll learn how to bring sales to your course business and use it to build a brand in the future.

Writing Books

This course also includes guidance on writing books that will consistently generate income every week and month. You’ll learn how to choose the right topics to write about and how to bring in sales right after you publish them. You’ll also discover the power of Kindle books and how to utilize them to maximize your income. You’ll learn how to use your books to grow your business and brand exponentially.

YouTube Channels

This course will also teach you how to create successful YouTube channels the right way. You’ll learn how to choose the right niches that bring you more ad revenue with fewer subscribers. You’ll also learn how to go against the grain but still make it big with YouTube channels. You’ll learn how to use your YouTube channel as a stepping stone for something greater, building a symbiotic relationship between all three business models to maximize your income.

Learn How to Create Passive Income Businesses That Last for Years with IIEC

If you’re looking to make money while you sleep, then passive income is what you need. However, setting up a passive income business requires effort and is not a get-rich-quick scheme. With IIEC’s course, you’ll learn how to create three passive income businesses that’ll make you money for years to come.

What You’ll Learn with Sumit Pareek E-Commerce & Digital Marketing Startup Mentor & Investor at IIEC

This course covers A-Z of three unique and powerful business models that could potentially replace your day job. You’ll learn how to set up passive income businesses that’ll last for years and make money while you sleep. Additionally, you’ll learn how to create an online course business and make money teaching anything, including your obscure hobbies. Moreover, you’ll learn how to write books, get sales for them, and exponentially grow your business and brand. Lastly, you’ll learn how to create a YouTube channel that brings in steady, substantial passive income.

Who This Course Is For

This course is perfect for marketers and entrepreneurs who want to skyrocket sales with a proven and tested system. It’s also ideal for newbies and intermediate students looking for a step-by-step and easy-to-follow formula to dominate even the most competitive niche markets. If you’d like to learn how to make passive income that lasts for years, get 3 different business models that net you reliable passive income day in and day out with a few hours of work every week, work from home, supplement your full-time income, start a business that wouldn’t completely drain you of your energy and time, and still make money while taking time off, this course is perfect for you.

What This Course Covers

Module 1: Introduction & Passive Income Businesses Explained – Learn what passive income is, how it works, and why you should consider setting up passive income businesses.

Module 2: Passive Income Business #1 – Learn how to create an online course business, including choosing the right topic, doing your due diligence, publishing your courses, and getting sales for them.

Module 3: Passive Income Business #2 – Learn how to write and publish books on Kindle, including choosing the right category and topic, publishing your book, and getting sales for it.

Module 4: Passive Income Business #3 – Learn how to create a successful YouTube channel, including choosing the right niche, creating your videos, promoting your videos, and using your YouTube channel to grow your business and income potential.

Enroll now and get started immediately. With IIEC’s course, you’ll have three complete business-in-a-box and learn how to outsource the entire process.

Extras to Learn:

In this course, you will also learn the following 10 passive business models:

1. Affiliate marketing: You will learn how to promote other people’s products and earn a commission for each sale made through your referral link.
2. Digital products: You will learn how to create and sell digital products, such as e-books, online courses, and templates, that can generate income for years to come.
3. Membership sites: You will learn how to create a membership site that provides exclusive content, services, or products for a monthly or annual fee.
4. Rental properties: You will learn how to purchase a property and rent it out to tenants, generating passive income from the rental income.
5. Stock market investing: You will learn how to invest in stocks, bonds, or mutual funds that pay dividends or interest, generating passive income from the investments.
6. Franchising: You will learn how to purchase the rights to operate a proven business model from an established company, generating passive income from the ongoing royalties and fees paid by franchisees.
7. Advertising: You will learn how to place ads on a website or blog and earn income based on the number of clicks or impressions.
8. Online store: You will learn how to set up an online store and sell products without the need for physical inventory.
9. Crowdfunding: You will learn how to launch a crowdfunding campaign and generate passive income from the ongoing contributions.
10. Real estate crowdfunding: You will learn how to invest in real estate through crowdfunding platforms, generating passive income from the rental income and appreciation.

Description:

Our Instructor

Sumit Pareek is an experienced e-commerce professional with over 10 years of experience in the field. He has worked with numerous brands to help them launch and grow their online stores, and he brings that expertise to this course. With Sumit as your guide, you will have everything you need to create a successful online store using Shopify.

Our Support Team

In addition to Sumit’s guidance, you will also have full support from our team of experts. Whether you have technical questions, need help with a specific feature, or just want some general advice on how to improve your store, our team is here to help. We’ll provide you with fast, friendly, and reliable support to ensure that you get the most out of your Shopify store.

Course Format

This course consists of video lectures, step-by-step tutorials, and quizzes to help you test your knowledge. You can complete the course at your own pace and access it from anywhere, anytime. You’ll also receive lifetime access to the course materials, so you can refer back to them as needed.

Who Is This Course For:

Passive Income – 10 Steady Passive Business Models is an ideal course for anyone who wants to create multiple streams of passive income and achieve financial freedom. This course is suitable for:

1. Entrepreneurs: If you’re an entrepreneur looking to diversify your income streams and generate passive income, this course is for you.
2. Freelancers: If you’re a freelancer looking to generate steady passive income alongside your active income, this course is for you.
3. Small business owners: If you’re a small business owner looking to create additional sources of passive income for your business, this course is for you.
4. Investors: If you’re an investor looking to diversify your portfolio and generate passive income from various sources, this course is for you.
5. Individuals seeking financial freedom: If you’re looking to achieve financial freedom and create a sustainable passive income stream, this course is for you.

Whether you’re new to passive income or have some experience, this course is designed to provide you with actionable strategies and techniques that you can use to start generating passive income streams immediately.With the guidance of our experienced instructor, Sumit Pareek, and the support of our expert team, you’ll have everything you need to start building your passive income portfolio. Sign up today and take the first step towards achieving financial freedom!

Requirements:

Here are the requirements to take this course:

1. A computer or mobile device: You will need a computer or mobile device with internet access to access the course materials.
2. Basic computer skills: You should have basic computer skills, such as being able to use a web browser and navigate through different web pages.
3. Willingness to learn: To succeed in this course, you should be willing to learn new concepts and techniques related to passive income generation.
4. Time commitment: This course consists of video lectures, step-by-step tutorials, and quizzes. You should be willing to commit a few hours per week to complete the course materials and apply what you learn.
5. Desire to take action: To generate passive income, you will need to take action and implement the strategies and techniques covered in this course. If you’re willing to put in the effort, this course can help you achieve financial freedom and create a sustainable source of passive income.

With these basic requirements, you’ll have everything you need to start learning and applying the techniques covered in this course.

Eligibility:

Here are the eligibility criteria for this course:

1. Interest in passive income: If you’re interested in creating multiple streams of passive income and achieving financial freedom, then this course is for you.
2. Basic understanding of business concepts: While this course does not require any specific prerequisites, having a basic understanding of business concepts will help you better understand the concepts covered in this course.
3. English language proficiency (Basic): This course is conducted in English, so you should be proficient in English to understand the course materials.

Conclusion: