On this page, you will find resources that will help you to extend your education and learn more about how to make a passive income …
The Four Hour Workweek by Tim Ferriss
The Four Hour Workweek does exactly what it promises in the title: it shows you how to drastically reduce the amount of time you spend working without drastically reducing the amount of money you earn. He discusses how to set up a muse (selling a product online to generate income) as well as many ways to automate an existing business. An alternative approach to making money passively!
This is the book that reportedly inspired Tim Ferriss to create his masterpiece in the first place. Vagabonding is more about what you do with all the extra time you create for yourself. It’s about lifestyle design and it’s about choosing to prioritize travel and adventure and living life over just ‘making more money at work’. Learn about ‘mini retirements’ and much more!
The Personal MBA by Josh Kaufman
This is a fantastic tome on business and one that will greatly help you to better understand the crucial key pieces of business. That’s very important because it is what will allow you to build a business that is self-sustaining and that brings in profit even while you’re sound asleep. When you know the things that really matter, you can stop wasting time with the ‘fluff’.
Websites and Tools
Smart Passive Income
Smart Passive Income is a website from Pat Flynn that is literally all about making money passively and working hard now so that you can reap the benefits later. It’s a fantastic premise and the site is packed with excellent information, ideas and tips. Pat is also just a nice guy who you’ll want to support by following the blog!
How Aaron Marino Makes YouTube Videos
I Am Alpah M is a great YouTube channel all about fashion and style. Of course that’s not what we’re interested in right now though – rather, we’re interested in this excellent video he made on how to make money online from YouTube channels. In this video, Aaron shares his secrets and helps you to understand his workflow for making professional videos much more quickly and easily.
The ultimate expression of going ‘passive’ is to become a digital nomad. This is someone who earns a living online while they’re free to travel and see the world. It’s a truly exciting and noble aim but it can be hard work when you don’t have a steady income at all times – and when you don’t have any colleagues or office.
#Nomad or Nomad List will provide you with a resource of like-minded entrepreneurs who you can network with and work with.
If you’re interested in a bit of service arbitrage, then check out these great freelancing sites. They can also help you to get your digital product made!