Tuesday, 15 April 2014
Top Ways to Create Passive Income
PASSIVE WORD ITSELF SAYS THAT YOU NEED NOT TO BE ACTIVE TO EARN THIS INCOME....
WHO DOESN'T WANT SUCH KIND OF INCOME WHICH CAN SUPPORT FINANCE OF FAMILY WITHOUT PUTTING ANY EFFORT.THOUGH IN REAL SENSE, NO INCOME IS TRULY PASSIVE...YOU NEED TO DO SOME MAINTENANCE WORK OR SOME PRE-REQUISITE TO EARN IT. HERE ARE SOME VERY SIMPLE WAYS TO EARN MONEY BOTH ONLINE AND OFFLINE , WITHOUT PUTTING MUCH EFFORT--------
1.INVESTMENTS--- STOCK MARKET,MUTUAL FUNDS,EQUITY ARE VERY GOOD OPTION TO EARN PASSIVE INCOME WITHOUT PUTTING MUCH EFFORTS. STOCKS BASED ON DIVIDENDS ARE VERY GOOD SOURCE OF PASSIVE INCOME.BY DOING A LITTLE MARKET RESEARCH,YOU CAN FIND SOME GOOD COMPANIES WHERE YOU CAN INVEST.GAINS ARE HIGH BUT RISK IS ALSO TOO HIGH.
2.RENT A ROOM--- DO YOU HAVE SOME EMPTY ROOM AT YOUR HOME WHICH YOU DON'T USE AT ALL...WHY DON'T YOU CONSIDER TO KEEP A TENANT WHO WILL PAY YOU A GOOD SUM AT END OF EACH MONTH.FOR SURE, YOU NEED NOT TO DO ANYTHING TO EARN THIS INCOME..JUST A LITTLE MAINTENANCE..THAT'S ALL.
3. CASH DEPOSITS---- OPEN CD ACCOUNTS IN BANK AND YOU WILL GET A GOOD INTEREST RATE FOR YOUR MONEY.CREATE A CD LADDER TO ENSURE CONSTANT INFLOW OF INCOME.YOU NEED NOT TO INVEST YOUR MONEY FOR A LONG TIME BUT 12-18 MONTHS IS A GOOD PERIOD.IN THIS WAY YOUR MONEY WILL NOT BE STUCK FOR A LONG PERIOD IN CASE OF ANY EMERGENCY.THE METHOD OF CREATING A CD LADDER IS DESCRIBED IN OUR OTHER POST.
4.PARTY TENT RENTAL---- ONCE YOU INVEST IN BUYING TENT AND DECORATION MATERIAL FOR A PARTY AND START GIVING THEM FOR RENT FOR MARRIAGE AND BIRTHDAY PARTIES.YOU WILL EARN A HANDSOME AMOUNT WHICH IS PASSIVE TOO.
5.PAID TO CLICK PROGRAMS---- THERE ARE MANY WEBSITES WHICH PAY YOU FOR WATCHING 30 SECOND ADVERTISEMENT AND PAY YOU BETWEEN 0.001$ TO 0.01$.ONCE YOU FIND A LEGIT PTC SITE...REGISTER YOURSELF AND START CLICKING ADS. U MAY GET SOME REFERRALS AND MULTIPLY YOUR EARNINGS.
WHO DOESN'T WANT SUCH KIND OF INCOME WHICH CAN SUPPORT FINANCE OF FAMILY WITHOUT PUTTING ANY EFFORT.THOUGH IN REAL SENSE, NO INCOME IS TRULY PASSIVE...YOU NEED TO DO SOME MAINTENANCE WORK OR SOME PRE-REQUISITE TO EARN IT. HERE ARE SOME VERY SIMPLE WAYS TO EARN MONEY BOTH ONLINE AND OFFLINE , WITHOUT PUTTING MUCH EFFORT--------
1.INVESTMENTS--- STOCK MARKET,MUTUAL FUNDS,EQUITY ARE VERY GOOD OPTION TO EARN PASSIVE INCOME WITHOUT PUTTING MUCH EFFORTS. STOCKS BASED ON DIVIDENDS ARE VERY GOOD SOURCE OF PASSIVE INCOME.BY DOING A LITTLE MARKET RESEARCH,YOU CAN FIND SOME GOOD COMPANIES WHERE YOU CAN INVEST.GAINS ARE HIGH BUT RISK IS ALSO TOO HIGH.
2.RENT A ROOM--- DO YOU HAVE SOME EMPTY ROOM AT YOUR HOME WHICH YOU DON'T USE AT ALL...WHY DON'T YOU CONSIDER TO KEEP A TENANT WHO WILL PAY YOU A GOOD SUM AT END OF EACH MONTH.FOR SURE, YOU NEED NOT TO DO ANYTHING TO EARN THIS INCOME..JUST A LITTLE MAINTENANCE..THAT'S ALL.
3. CASH DEPOSITS---- OPEN CD ACCOUNTS IN BANK AND YOU WILL GET A GOOD INTEREST RATE FOR YOUR MONEY.CREATE A CD LADDER TO ENSURE CONSTANT INFLOW OF INCOME.YOU NEED NOT TO INVEST YOUR MONEY FOR A LONG TIME BUT 12-18 MONTHS IS A GOOD PERIOD.IN THIS WAY YOUR MONEY WILL NOT BE STUCK FOR A LONG PERIOD IN CASE OF ANY EMERGENCY.THE METHOD OF CREATING A CD LADDER IS DESCRIBED IN OUR OTHER POST.
4.PARTY TENT RENTAL---- ONCE YOU INVEST IN BUYING TENT AND DECORATION MATERIAL FOR A PARTY AND START GIVING THEM FOR RENT FOR MARRIAGE AND BIRTHDAY PARTIES.YOU WILL EARN A HANDSOME AMOUNT WHICH IS PASSIVE TOO.
5.PAID TO CLICK PROGRAMS---- THERE ARE MANY WEBSITES WHICH PAY YOU FOR WATCHING 30 SECOND ADVERTISEMENT AND PAY YOU BETWEEN 0.001$ TO 0.01$.ONCE YOU FIND A LEGIT PTC SITE...REGISTER YOURSELF AND START CLICKING ADS. U MAY GET SOME REFERRALS AND MULTIPLY YOUR EARNINGS.
Friday, 4 April 2014
10 TIPS FOR EFFECTIVE TIME MANAGEMENT
Practice the following techniques to become the master of your own time:
- Carry a schedule and record all your thoughts, conversations and activities for a week. This will help you understand how much you can get done during the course of a day and where your precious moments are going. You'll see how much time is actually spent producing results and how much time is wasted on unproductive thoughts, conversations and actions.
- Any activity or conversation that's important to your success should have a time assigned to it. To-do lists get longer and longer to the point where they're unworkable. Appointment books work. Schedule appointments with yourself and create time blocks for high-priority thoughts, conversations, and actions. Schedule when they will begin and end. Have the discipline to keep these appointments.
- Plan to spend at least 50 percent of your time engaged in the thoughts, activities and conversations that produce most of your results.
- Schedule time for interruptions. Plan time to be pulled away from what you're doing. Take, for instance, the concept of having "office hours." Isn't "office hours" another way of saying "planned interruptions?"
- Take the first 30 minutes of every day to plan your day. Don't start your day until you complete your time plan. The most important time of your day is the time you schedule to schedule time.
- Take five minutes before every call and task to decide what result you want to attain. This will help you know what success looks like before you start. And it will also slow time down. Take five minutes after each call and activity to determine whether your desired result was achieved. If not, what was missing? How do you put what's missing in your next call or activity?
- Put up a "Do not disturb" sign when you absolutely have to get work done.
- Practice not answering the phone just because it's ringing and e-mails just because they show up. Disconnect instant messaging. Don't instantly give people your attention unless it's absolutely crucial in your business to offer an immediate human response. Instead, schedule a time to answer email and return phone calls.
- Block out other distractions like Facebook and other forms of social media unless you use these tools to generate business.
- Remember that it's impossible to get everything done. Also remember that odds are good that 20 percent of your thoughts, conversations and activities produce 80 percent of your results.
Subscribe to:
Posts (Atom)