Are you ready to give up on clocking ridiculous hours for minimal pay? Unfortunately, that's how most employment works.
Pay is based on how much time you dedicate to your job.
Even people who work for themselves are paid based on how much they sell or how much work they have actually put in.
By now, you may have heard of something called "long term passive income".
If not, here's your introduction.
Long term passive income is revenue that flows on a continuous basis by work that is done just once.
Working from home, most of your effort will come in during the first few weeks or months; as you set up your business.
Afterwards, there is very little required from you on a daily basis.
There are numerous business options when you are considering long term passive income.
Create an Online Store Creating an online store is one of the easiest long term passive income options.
Most people worry about product supply when the think about creating an online store but becoming an affiliate of a company will take care of that part.
An affiliate promotes a company's goods, products or services for a commission.
For example, you can place a link that promotes a kitchen appliance.
If someone uses that link and ends up purchasing that appliance, you will receive a percentage of the sale.
The other option that you can use to add products to your online store is to operate through dropshipping.
Consumers place orders through your site.
You, in turn, forward the order to the manufacturer or wholesaler.
The merchandise is then shipped directly to the buyer.
Most times, a retailer makes their money in the difference between what they are selling for and what they are buying for.
With the proper marketing and promotion, customers will be directed to your store.
Writing Books A creative person can write and self-publish a book or e-book.
Self-publishing allows you to retain most of the money that comes in from sales; however it does make getting a distribution deal a bit more difficult.
The most work will go into writing the book itself.
Unless you are a well-known author, the stream towards your work will most likely be small.
It would be ideal to put out at least 2 books to start.
Of course, you don't have to write a novel.
Choosing popular topics for your books will aid in how well they sell.
If you have marketable skills or expertise, a "how-to" book or instructional guide may be the way to go.
You can sell your work on your own website or self-publish on one of the many sites on the web.
With proper marketing and promotion, you will begin to see the royalties roll in.
Real Estate Properties If you have a little bit of seed money, investing in real estate is a great idea.
With other long term passive income opportunities, the tradeoff is time.
When it comes to real estate, the tradeoff is money.
There is no time to invest on a regular basis.
Buying a rental property can start you off.
Revenue from the rental property will come in on a regular basis and that revenue can allow you to invest in another property.
If played the right way, you could end up with multiple properties that will pay you nicely on a monthly basis.
There have been instances where because of passive income being earned from real estate, people have been able to leave their 9-5 jobs and live the life that they have always dreamed.
Yet, remember that real estate in an investment.
The only way to get a good return is to make a good investment.
This is only 3 ways that you can earn a constant flow of revenue with very little work on your part.
Although some options may take a little bit of time, while others require startup money; they all result in you earning money on a regular basis.
How much time or money you invest, will have a direct effect on how much revenue will be generated.
So choose something that is interesting to you so that you don't mind putting in the effort to succeed.
Long term passive income is supposed to be designed to being your revenue week after week, month after month and year after year.
Working for hours and not reaping your just rewards should be motivation enough to seek financial freedom.
If you are tired of punching the clock and ready to invest in your liberation from labor, do some research and find out how you too can be set free.
With endless options and success that rests on you, there is no reason for you to wait any longer!