Passive income wealth genaration makes you Rich while you sleep

ibnanv

Well-known member
  • Jun 27, 2009
    3,986
    257
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    1 Network Marketing: – Network marketing is another form of passive income generation ideas. Network marketing requires time and efforts but once you build network under you passive income keeps on coming.
    2 Photography: If you are good photographer you can sell your photos through photography clearinghouse or online websites and get paid whenever someone buy this images.


    3 Blogging:- If you are knowledgeable and having good skill of writing and presenting stuff. Blogging is for you. You can create blog using simple tool wordpress & generate passive income by keeping advertisement on your blog. For more information refer to Google adsense program.


    4 Developing Mobile application:- You can generate passive income by developing unique mobile application or game.


    5 Writing E-Book:- Another way to generate passive income is by writing E-book and selling it online. For this idea to work you must be excellent in writing and presenting skills.

    By Investment:-
    6 Dividend Stock Market Investment:- Stock market investment is another form of passive income generation idea. From stock market investment you get dual advantage of capital appreciation and dividend income.


    7 Real Estate Rental: – If you have a lot of extra money this idea is for you. Here you need to purchase number of prime property. Give this property on rent and enjoy the passive income.


    8 Party hall/plot rental:- People need place to celebrate their birthday, weeding, anniversary etc. You can purchase or make party hall/plot and give it on rent to get passive income.


    9 Owning small business: – Another very good way to generate passive income is by owing or developing small business. This small business could be small shop, restaurant, fast food center etc.


    -------------------------------------------------------

    Active income is work 5 days like hell. With no progress in Career and life. Do it like millionaire and billionaires they generate income but others work for them you do not work for anyone but you.


    Which one do you like active or passive ? Please answer
     
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    ibnanv

    Well-known member
  • Jun 27, 2009
    3,986
    257
    83
    Do not buy a house or car that do not generate revenue. Take a cab or taxi and rent a house or get buy a new house on mortgaged. There are so many Islamic loans for housing available.
     
    Aug 12, 2012
    4,169
    652
    0
    1 Network Marketing: – Network marketing is another form of passive income generation ideas. Network marketing requires time and efforts but once you build network under you passive income keeps on coming.
    2 Photography: If you are good photographer you can sell your photos through photography clearinghouse or online websites and get paid whenever someone buy this images.


    3 Blogging:- If you are knowledgeable and having good skill of writing and presenting stuff. Blogging is for you. You can create blog using simple tool wordpress & generate passive income by keeping advertisement on your blog. For more information refer to Google adsense program.


    4 Developing Mobile application:- You can generate passive income by developing unique mobile application or game.


    5 Writing E-Book:- Another way to generate passive income is by writing E-book and selling it online. For this idea to work you must be excellent in writing and presenting skills.

    By Investment:-
    6 Dividend Stock Market Investment:- Stock market investment is another form of passive income generation idea. From stock market investment you get dual advantage of capital appreciation and dividend income.


    7 Real Estate Rental: – If you have a lot of extra money this idea is for you. Here you need to purchase number of prime property. Give this property on rent and enjoy the passive income.


    8 Party hall/plot rental:- People need place to celebrate their birthday, weeding, anniversary etc. You can purchase or make party hall/plot and give it on rent to get passive income.


    9 Owning small business: – Another very good way to generate passive income is by owing or developing small business. This small business could be small shop, restaurant, fast food center etc.


    -------------------------------------------------------

    Active income is work 5 days like hell. With no progress in Career and life. Do it like millionaire and billionaires they generate income but others work for them you do not work for anyone but you.


    Which one do you like active or passive ? Please answer

    passive :cool: im already doing it ;)