Zen Business - Mindfulness, Hustle and Fulfillment
55) Things To Know Before Investing In Passive Income Assets
29 May 2023
Investing your extra wealth for passive income producing businesses can yield big returns! The money printer passive income seeking entrepreneurs want, however, is not an opaque and mysterious black box. Neither is it an instrument of e-commerce that works without some sophisticated initial setup and routine management. There are the necessary refinements of a business plan to serve an ultra-niche online market that must be made to find a sustainable, long-term business model. There’s also the routine maintenance and management of income investing businesses for customer service, quality control, and administration. Even investments like stocks, bonds, and ETFs require the investor’s attention, care, and direction. With automated online businesses investors pay more attention, care, and up front work to understand and direct their investment. These are the trade offs for more control over what the business does to increase sales or profits. The result is more opportunities for bigger returns on investment. *** Listen to New Zen Business episodes every Monday - Available on Spotify, Apple Podcasts, Overcast & More Find @itsjmaxim on Instagram where you can get free Marketing, Mindset and Money tips. If you're an investor-backed startup or a new app looking for a leg up, contact us at KJgrowth.com, @kjgrowth or @jmaxdoesapps on IG for performance-based marketing - where we only win when you do.
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