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	<title>The Smart Passive Income Blog &#187; passive income streams 101</title>
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		<title>Passive Income Streams 101</title>
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		<pubDate>Tue, 20 Oct 2009 22:08:41 +0000</pubDate>
		<dc:creator>Pat</dc:creator>
				<category><![CDATA[Featured]]></category>
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		<category><![CDATA[passive income streams 101]]></category>
		<category><![CDATA[passive income streams]]></category>

		<guid isPermaLink="false">http://www.smartpassiveincome.com/?p=1684</guid>
		<description><![CDATA[Creating multiple passive income streams is everyone&#8217;s dream. In order to make this happen, you have to understand exactly what the passive income business model looks like, which I&#8217;m going to share with you today. This is the business model that allows me to work just two hours a week, yet pull in a full [...]<p><br>---------------------<br>

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Thank you so much!<br/><br/><a href="http://www.smartpassiveincome.com/passive-income-streams-101/">Passive Income Streams 101</a></p>



Related posts:<ol><li><a href='http://www.smartpassiveincome.com/how-to-utilize-virtual-staff-to-create-multiple-streams-of-passive-income/' rel='bookmark' title='Permanent Link: How to Utilize Virtual Staff to Create Multiple Streams of Passive Income'>How to Utilize Virtual Staff to Create Multiple Streams of Passive Income</a></li><li><a href='http://www.smartpassiveincome.com/what-everyone-ought-to-know-about-passive-income/' rel='bookmark' title='Permanent Link: The One Thing You Must Know About Passive Income, or Else!'>The One Thing You Must Know About Passive Income, or Else!</a></li><li><a href='http://www.smartpassiveincome.com/generating-passive-income-from-passive-income/' rel='bookmark' title='Permanent Link: Generating Passive Income from Passive Income'>Generating Passive Income from Passive Income</a></li><li><a href='http://www.smartpassiveincome.com/the-smart-passive-income-brand-and-plans-for-the-future/' rel='bookmark' title='Permanent Link: The Smart Passive Income Brand and Plans for the Future'>The Smart Passive Income Brand and Plans for the Future</a></li><li><a href='http://www.smartpassiveincome.com/passive-income-as-a-lifestyle-design-aid/' rel='bookmark' title='Permanent Link: Passive Income as a Lifestyle Design Aid'>Passive Income as a Lifestyle Design Aid</a></li></ol>]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.smartpassiveincome.com/wp-content/uploads/2009/10/passive-income-streams-101.jpg"title="Passive Income Streams" ><img class="size-full wp-image-1685 alignright" title="passive-income-streams-101" src="http://www.smartpassiveincome.com/wp-content/uploads/2009/10/passive-income-streams-101.jpg" alt="passive income streams" width="241" height="191" /></a>Creating multiple <strong>passive income streams</strong> is everyone&#8217;s dream. In order to make this happen, you have to understand exactly what the passive income business model looks like, which I&#8217;m going to share with you today. This is the business model that allows me to work just two hours a week, yet pull in a full time, CEO-sized income.</p>
<p>Before we get into it, I just wanted to mention that this isn&#8217;t the only business model out there. Obviously, there are a million things you can do online and offline to generate a decent income, but this is the business model that I choose to use because:</p>
<ul>
<li>It&#8217;s relatively <strong>cheap and easy to setup</strong>&#8230;</li>
<li>It&#8217;s<strong> low risk</strong> (what have you got to lose?)&#8230;</li>
<li>After it&#8217;s setup properly, it runs on <strong>auto-pilot</strong>, which means<strong> you don&#8217;t have to be present in order to complete a transaction</strong>&#8230;</li>
<li>You can implement this business model <strong>&#8220;on the side&#8221;</strong> for an extra income in addition to your 9 to 5&#8230;</li>
<li>You can make money at any time of the day, from anywhere in the world&#8230;</li>
<li>It&#8217;s easy to implement tests and business strategies to try and improve results&#8230;</li>
<li>Once it gets going, you can try and duplicate your results in other markets and create <strong>multiple passive income streams</strong>&#8230;</li>
<li>If all goes well, you&#8217;ll have the <strong>freedom and time</strong> to do what ever it is you want.</li>
</ul>
<p>Hmm&#8230;cheap, easy, low-risk and high-reward? Sounds like a winning business plan to me.</p>
<p>In the video below, I outline exactly how my passive income business model works. Also, for you beginners out there who may not have information products to sell just yet, I&#8217;ve included a <strong>Bonus Adsense Tip</strong>, which I used to quadruple my Adsense earnings, back before I was really focusing on information product creation.</p>
<p><object classid="clsid:d27cdb6e-ae6d-11cf-96b8-444553540000" width="480" height="295" codebase="http://download.macromedia.com/pub/shockwave/cabs/flash/swflash.cab#version=6,0,40,0"><param name="allowFullScreen" value="true" /><param name="allowscriptaccess" value="always" /><param name="src" value="http://www.youtube.com/v/rQcKPI2hu68&amp;hl=en&amp;fs=1&amp;rel=0&amp;hd=1" /><param name="allowfullscreen" value="true" /><embed type="application/x-shockwave-flash" width="480" height="295" src="http://www.youtube.com/v/rQcKPI2hu68&amp;hl=en&amp;fs=1&amp;rel=0&amp;hd=1" allowscriptaccess="always" allowfullscreen="true"></embed></object></p>
<p><em>If you cannot view the video, please watch <a href="http://www.youtube.com/watch?v=rQcKPI2hu68" rel="nofollow" title="passive income streams 101"  target="_blank">Passive Income Streams 101 on YouTube here.</a></em></p>
<p>I hope you&#8217;ve enjoyed the presentation. <strong>Please leave a comment for me below.</strong> I&#8217;d really appreciate it! Thanks!</p>
<p><img class="alignnone size-full wp-image-1598" title="1" src="http://www.smartpassiveincome.com/wp-content/uploads/2009/10/signature.png" alt="1" width="108" height="62" /></p>
<p>P.S. If you liked this video, you can subscribe to <a href="http://www.youtube.com/smartpassiveincome" rel="nofollow" title="Smart Passive Income on YouTube"  target="_blank">The Smart Passive Income Blog on YouTube</a> for more videos just like it! Check out my &#8220;<em>4-minute blog&#8221;</em>, a blog that I created in less than 4 minutes <strong>from scratch</strong>, including it&#8217;s first blog post with an embedded picture. Now you don&#8217;t have any excuse to not get started earning money online!</p>
<p><br>---------------------<br>

As always, I just wanted to thank you for subscribing. <strong>This blog is a success because of you and your support.</strong> Here's to your online success!<br><br>

<a href="http://www.facebook.com/smartpassiveincome">Become a Fan of the Smart Passive Income Blog on <strong>Facebook</strong></a> and join the conversation!<br><br>


Thank you so much!<br/><br/><a href="http://www.smartpassiveincome.com/passive-income-streams-101/">Passive Income Streams 101</a></p>


<p>Related posts:<ol><li><a href='http://www.smartpassiveincome.com/how-to-utilize-virtual-staff-to-create-multiple-streams-of-passive-income/' rel='bookmark' title='Permanent Link: How to Utilize Virtual Staff to Create Multiple Streams of Passive Income'>How to Utilize Virtual Staff to Create Multiple Streams of Passive Income</a></li><li><a href='http://www.smartpassiveincome.com/what-everyone-ought-to-know-about-passive-income/' rel='bookmark' title='Permanent Link: The One Thing You Must Know About Passive Income, or Else!'>The One Thing You Must Know About Passive Income, or Else!</a></li><li><a href='http://www.smartpassiveincome.com/generating-passive-income-from-passive-income/' rel='bookmark' title='Permanent Link: Generating Passive Income from Passive Income'>Generating Passive Income from Passive Income</a></li><li><a href='http://www.smartpassiveincome.com/the-smart-passive-income-brand-and-plans-for-the-future/' rel='bookmark' title='Permanent Link: The Smart Passive Income Brand and Plans for the Future'>The Smart Passive Income Brand and Plans for the Future</a></li><li><a href='http://www.smartpassiveincome.com/passive-income-as-a-lifestyle-design-aid/' rel='bookmark' title='Permanent Link: Passive Income as a Lifestyle Design Aid'>Passive Income as a Lifestyle Design Aid</a></li></ol></p>]]></content:encoded>
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