Passive Income - Excerpts from EBB Business Team

Now,

Talking about passive income, this would sound very interesting to those of us under employment.

It is also to encourage those of us that are still scared and unwilling to go into business either part time or full time.                      


Passive income is very important in attaining financial freedom

You want to be able to earn while you sleep or play.

You want to be able to pay your bills, take care of your family and still have enough left                      

The business men and women need passive income. The salary earner does need it

A salary earner of N200,000 monthly needs passive income as much as a salary earner of N10,000 monthly.

Our needs are different. Our needs have 97% chances of increasing as we grow older or younger

 Responsibilities increases.

New challenges come in.

New dreams, goals, passions, they set in.

It gets to the point where your current business or salary cannot afford it, your passive income handles it                      

 Passive income should be a focal point for you at this time whether you are in business or not.

But before you start putting your money in passive income systems,  you must be properly informed/educated

As an employee, develop new skills.

Upgrade regularly.

It will expose you to certain opportunities you never dreamt of.                      

 You need skills to be able to make right choices on passive income sef.

If not, all these ponzi bretherns  will confuse you                      

 What are the available passive income systems:

* Network Marketing( This is presently the most recommended by world billionaires)

* Mutual Funds

*Treasury bills

*Fixed deposits

* Partnership

* Real Estate(This one requires asset acquisition and contracting real estate firms to manage all the assets and all you do is relax and get alerts😀