Thursday, May 21, 2015

Some clarity on passive income

Passive income is not easy until you start and automate!

First find an area, I'm thinking resale
First the work:
 Find a niche (some untapped market that can be tapped), find a supplier, get samples to test the quality!
 Get orders then order from the supplier (not the other way around!).
Get the best price (usually called the "jobber" price)
After trusting the company set up a deal with amazon (Amazon keeps your stock and sends it out to buyers)
The supplier trusts you by now and sends more stock to Amazon for orders


Boom you're passive income positive!  What to do next?  Start the next passive income setup or sit back for a year or more, third option invest the profit!

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