Not All Passive Income is created Equal

When I say that not all Passive Income opportunities are created equal let me explain. First of all, ALL passive income streams have value as long as they are producing cashflow. Cashflow when produced passively is free money. We never want to say no to that. But as you’ve hopefully learned with me by now all passive income streams require some kind of asset to produce the cashflow. Some of those assets have additional benefits. For example, If you have a real estate property that is producing the passive income stream in the form of a renter. You have cash-flow but you also have equity building. That equity is an asset which someone like the bank may look at as security to loan you more money to build more assets. While I make digital courses, ebooks, online funnels etc. They have no equity and therefore cannot be leveraged. All they can do is produce cashflow.

(Now I want to be clear — I am NOT saying don’t build online passive income. In fact, I make a lot of money doing this myself. What I am saying is recognize that different assets have different benefits. I encourage you to diversify in order to expand your empire. If you start online look for ways to expand to assets that will increase your power of leverage.)

Douglas Vermeeren is consider the #1 Passive Income coach today. He appears regularly on FOX, CNN, ABC, NBC and others. He is the author of Passive Income Millionaire and Never Work Again. He conducts seminars and trainings to help people just like you develop passive income streams.

#1passiveincomecoach #douglasvermeeren #passiveincome #passiveincomelifestyle #neverworkagain #passiveincomemillionaire #money #cashflow