Some common examples of today’s passive income streams include stock market investing, growing an online business, cash flow investing, or becoming a lifestyle investor. It really all depends on what your business interests are and how much you can afford for an initial investment. However, there are many other ways to generate passive income today. Examples include rental properties, equipment leasing, and limited partnership interest. By definition, passive income consists of money and losses generated from an enterprise in which a person is not actively involved. If you want to successfully earn passive income, the first step is knowing exactly what passive income is. So that you can start earning passive income with something we didn’t have when we first started – a clear understanding of how passive income works.īut first, let’s discuss in greater detail what exactly passive income is and how PCG can help you create passive income opportunities to secure wealth-building for you and your family. That’s why we have curated this list of the best books on passive income, just for you. We know that finding a starting point can be intimidating. We couldn’t have done it without these books, the best passive income books on the market.Īnd today, we are excited to share them with you, in hopes that you can learn something equally valuable that will help you start on the right path to generating a passive income stream for yourself, just as we did for ourselves. However, we couldn’t have done it without taking the time to properly educate ourselves. Today, thanks to those passive income books, we are confidently able to guide our clients to financial freedom by teaching them everything that we had to put our own blood, sweat, and tears into teaching ourselves. Today, we know everything that we didn’t understand when we started as just two guys that only had a vision of an online business. Today, Peoples Capital Group is thriving. These books became our bibles, the utmost word on passive income freedom. We took notes, used highlighters, and narrowed the overwhelming abyss of passive income books down to our personal favorites, the ones that aligned the most with our client goals and resonated the best with our own business plan. Soon, we began discovering highly valuable information and learning about new passive income ideas.īefore long, albeit slowly at first, we began learning more and more about how easily this financial success could be attained, and with each book we read, we became even more motivated. We persevered and left no stone unturned. Searching through this endless pile of reference guides, we were exhausted and overwhelmed and could only imagine how our potential client might feel. We dug for hours through piles of books on passive income, generating wealth with different methods of investing, and some passive income books that even promised us the keys to the kingdom of financial freedom. So what other way to properly educate ourselves on passive income streams than to turn to the resources we had relied on and trusted for years? Booksīut not just any books. Twenty-five years ago, the internet was still in its infancy and didn’t offer the sea of resources, blogs, and online forums that it does today. Not only were we stumped on how to start earning passive income for ourselves but also on how to help others with passive income ideas to achieve the same wealth and success. What we didn’t know is how to get started. We also knew that we wanted to help others do the same, especially during the pivotal years of their retirement. What Took Us 25 Years, We Can Accelerate It For You!Ģ5 years ago when PCG was founded, we knew that we wanted to achieve financial freedom.Book #5: “The Power of Passive Income – Make Your Money Work For You” by Entrepreneur Media (Foreward by Robert W.Book #4: “Build A Rental Property Empire – The No-Nonsense Book On Finding Deals, Financing The Right Way, & Managing Wisely” by Mark Ferguson.When Does It Become Too Late To Start Generating Online Wealth? The Answer Will Shock You!.Book #3: “Start Late, Finish Rich – A No Fail Plan for Achieving Financial Freedom At Any Age” by David Bach.Book #2: “The ABCs Of Real Estate Investing – The Secrets of Finding Hidden Profits Most Investors Miss” by Ken McElroy.Other Best Selling Titles by Robert J.Book #1: “Rich Dad, Poor Dad” by Robert J.“The Top 5 Best Books On Passive Income”.By definition, passive income consists of money and losses generated from an enterprise in which a person is not actively involved.
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