In other words, When a person put his efforts or money once and generated regular income forever on a monthly or annual basis, which is called Passive Income.

Here are Some Examples of Passive Income:- 

• Property Rental Income and interest from owning financial assets.
• Royalties which are payments made by one company (the licensee) to another company or person (the licensor) in exchange for the right to use intellectual property (book, music, video) owned by the licensor. 
• Creating Assets, where you put effort once and make money forever as creating digital courses, software etc. 
• Forms of limited partnership or working as an investor may be counted passive as long as the limited partner does not have any role in the company and they put their money in return for a share of the activities profit.  

The U.S. Internal Revenue Service categorizes Income into Three categories.
Active Income:- Money Inflow came from performing a a job or service with active involvement or presence.
Passive Income: -Minimal or no involvement
Portfolio Income:- Income derived from any kinds of paper assets such as stocks, bonds, dividends.

Creating a passive income stream not an easy task. It involves a tremendous time investing. While this period you do not receive any income.

You are putting your time in the wish of producing income for the future, not today With active income, the money you earn is related to the time when you do your work directly. But after the completion of the work, passive income keeps paying you for a long time.

Benefits of Creating Multiple Passive Income Streams:-

• Time Freedom: - It gives you the freedom of time as you know, time is a priceless and most valuable asset, You can't get it back anyway. When you are not required to earn only to meet your monthly financial obligations then you have the freedom of time and provide the flexibility that comes along with not having to struggle to make ends meet at the end of the month. 
• It reduces stress, anxiety, fear and tension of the future. 
• It make you free to think about to pursue dreams or passion that you love rather than work for pays the bills. In other words, you can focus on your true desire and need not to waste time and efforts to unfavorable things to your dreams. 
• Passive income do not need your active involvement in the activities so you can live and work from anywhere. 
• It provides a platform for financial stability and growth for your business. And you get backed for your business and career expansion. 

What are Multiple Passive Income Streams?:-

Multiple Passive Income Streams simply means to create multiple sources of cash inflow. where you can generate income from various investments, properties, royalties, subscriptions.
Also the best income stream from an automated system where you make money by smart work with automated Tools & Resources. and this system could be your assets as it needs proper involvement and dedication for setting this system.
But after proper setup, you can build your wealth empire easily. Here you can categorize these sources into 2 categories, active multiple streams of income and passive multiple income streams.

Active Multiple Streams of Income:-

• Blogging Or Content Writing:- Ways of Making Money:- Adsense Earning, Affiliate Promotion Earning, Earning from self-product selling, earning from recommending product and services.
• YouTube:-Earning Ways:- Ads Monetization Earning, Product recommendation earning, self-product selling.
• Creating EcoSystem:- Plug into the system where a single recommendation creates multiple ways of earning. In other words, selling multiple products and services to a single prospect.
• Membership Subscription:- Any product and service with need money membership subscription fee like Amazon Prime.  

Passive Multiple Streams of Income:-

• Rental Income from a property. 
• Interest received from money investment 
• Royalties:- Book Selling, Digital Courses Creation, Videos, Music, Movie Creation,  Assets Creation like List Building and Brand Development which becomes assets for the online marketers.

How to Create Multiple Passive Income Streams?

The best way to Creating "Multiple Passive Income Streams" opportunities is to plug into the Eco-system, where you can have multiple options to earn money from a single prospect.
In other words, In online marketing business, when you get a prospect into your list, you can send him to an automated Eco-system where he or she purchase anything anytime you get a commission every time from a single prospect.
There are several ways to generates Passive Income with Multiple Streams of Income Opportunity, but you have to devote enough time to set these streams and need to be the part of one or more Eco-system for getting money while sleeping...

1. Book Writing:-

Passive Income:- Royalty
MSI's: -Kindle E-book Selling, Hard Cover Book Selling, Affiliate Commissions from the links recommended in the book, other self-products recommendations in the book etc.

2. Purchase Property

Passive Income:- Rented Income
MSI's:- Garage Service, Stock or Godown Service, Library Service at Nominal Membership Fees

3. Create Online Courses:-

Passive Income:- Affiliate Joining System for Your Courses
MSI's:- Income from self-promoting, Income From Affiliate's selling, Income from a recommendation of other courses and tools, Income from Video Monetization etc

4. Start A Online Affiliate Marketer Career:-

Passive Income:- Adsense Contents Monetization, SEO Earning, List Monetization, Videos Monetization. Book Promotions Earning, Incomes from Eco-system Goodwill etc
MSI's:- Adsense Earning, Digital & Physical Product selling income, Affiliate Incomes of Your Product or services, Affiliate Incomes of recommending others products and tools, Multiple Ecosystem Earnings etc
but how to do so, here you need step by step training and guidance to set your online career from an expert who already has done it several times and generated millions of dollar affiliate commission every year.

Therefore I have a Four Percent Success Challenge for you to learn "How to Earn $10k in sales, selling other people's products online"
It's a step by step training for beginners and covers 3 levels

• Level 1:- Beginner Zero to $10,000
• Level 2:- Advance $10,000- $100,000 
• Level 3:- Abundance $100,000- $1Million

Now with this system, you can easily create a solid and realistic Passive Income source with Multiple Streams of Income.
I hope you got actual value from the post"Power of Multiple Passive Income Streams Cash Inflow".

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