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Are you really going to do this:

  • Go to school for 12 years. Go to school for 2-6 more years. Then go for 4 more years if you really want success.
  • Get a job at the bottom of the totem pole. Work for 20 years to climb the pole. Work 20 years to save for retirement.
  • Retire. Too old at this point to really do what you love. Just sit and complain and wonder what happened and where did time go.

Does this sound familiar?

My goal here in PassiveIncomeEntrepreneurship.com is to help you pivot and change that.

I will show you how to build a legit and profitable online business that you love and do it from wherever in the world you want to be. One that you will be proud of to speak about and show even your parents and friends. Question is, do you have what it takes to succeed online?

Start Your Passive Income Entrepreneurship Journey Today

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Why Passive Income Is A Basic Life Necessity

Ever since I read Robert Kiyosaki’s Rich Dad Poor Dad, which opened up my eyes to the world of positive recurring cashflow via rental properties and business in 2002 (when I was 20 years old), I’ve been on a ever-learning and growing journey on learning how to create multiple streams of passive income.

…and I’ve concluded that passive income is 100% required “unlock the next stage of our lives”, which is to be able to achieve our highest sense of self and fulfillment. It’s part of an “achievement” and by itself, it will be amazing when one has more passive income than expenses (which means that one is financially secure or free).

It is really hard to level up when we can just live hands-to-mouth and barely surviving. If that’s you, then all the more pay more attention, focus and energy on learning to start your profitable passive income entrepreneurship adventure with me.

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Why: Reasons & Benefits Of Passive Income (Or What’s Your #1 Reason For Passive Income?)

Pursuing and building a passive income lifestyle by being a passive income entrepreneur means to learn to build and acquire multiple streams of passive income.

It is a worthy goal, with so many reasons, benefits and plus points, which generally covers or includes

  1. Confidence – with multiple streams of passive income coming in, and even if one stream dries up, you still have other streams of passive income AND you will know how to create more streams of passive income. This gives you a sense of confidence that cannot be replaced…which leads to…
  2. Some Form Of Happiness – simply because it brings you peace of mind and takes away much of stresses related to spending and money. It can solve many issues such as seeking medical services, traveling, food and shelter, even comfort of another. It isn’t able to do everything, but it will likely give you at least 90% less worry in life.
  3. Future And Recession Proof – it doesn’t matter if it’s boom time or down time (like how COVID19 trashed so many jobs), multiple streams of passive income means multiple streams of passive income that comes in like clockwork, even whilst we sleep.
  4. High Ticket Affiliate Marketing Sales Skill – is a learnable skill that will fall into a few different benefits and catchments such as bringing one confidence, it’s a forever/recession-proof skill…and it’s also a skill that can allow one to make big ticket affiliate commissions that are $500, $1000 or more…per sale.
  5. Spend Time Pursuing Things, Relationships and Dreams That Are Meaningful To You. For some, it is spending more time with their loved ones like children, parents or spouses. For others it’s focusing on spiritual matters and relationship like church and God and mission work. For some it’s to volunteer. For others it may be to pickup a new education and pivot. For others it may mean to give back and teach and serve. For some it’s all of the above.
  6. …Or You Can Go To Work As Usual, Minus 95% Stress Or Politics. You can be more picky with your workplaces and colleagues. Or fire your boss. Or just work with 95% less stress because you no longer work for money, but work purely for fun and social interactions and to learn.
  7. You Can Choose To Take More / Further / Longer Vacations, to see the world and even work (or not work) in other countries that you may be interested in. Even 3 months or longer each time.
  8. For Some This May Mean That You Can Finally Afford A Child. Or Pay For Their Medical / Education Expenses. Or Just Have More Children.
  9. Or Able To Adopt One Or More Children. Or Adopt Orphanages.
  10. For Some This May Mean That You Can Give More To Social Causes That You Care About, such as to abolish diseases, abolish illiteracy, or sex trade or others.
  11. This Skill Is Something You Can Teach. Your loved ones, your children, your legacy, their future. And this is the reason why the rich keep getting richer and richer and why the poor keeps getting poorer – because becoming and staying rich is a skill that needs to be learnt and taught.

Being able to create multiple streams of passive income and having passive income lifestyle freedom simply gives you more options in work, life, family, play and self care. Period.

For me personally, it’s freedom.

I start my work days around 11 AM so I can take my kids to school, have a slow breakfast at the school cafe nearby, and then siesta over to school. If I want to have a cuppa tea with friends to catch up, I do so.

Then head to work on patients, meetings, sales, appointments, and then depends who is available, either myself or my wife will pick up the kids to go for extra lessons then dinner or home.

And that’s nice and what I want – more time with people I love and care about.

The real question is, why not?

Start Your Passive Income Entrepreneurship Journey Today

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Why Not Earn Passive Income?

I cannot imagine why people or anyone wouldn’t want to earn passive income.

There are so many reasons why one should (as mentioned above) that will motivate anyone to strive to build multiple streams of passive income to their portfolio.

Choose yourself and say yes to learning this life-transforming skill.

It may be tough and there will be days you may get frustrated, but persevere through and grow through it.

If it’s so easy then everyone will do it.

There’s a reason why one often hears “this is not for everyone” – and that is true.

Because learning to build passive income and starting a passive income entrepreneurship is BOTH easy to do…and easy to drop and not do.

It requires a lot of

  • growth and learning mindset
  • patience, dedication and perseverance
  • investment in a mentor who has done exactly what you wish to achieve and a community to support you
  • going through doubt, rejection and even friends and family members who do not understand may laugh at you

Yes, be open to feedback BUT do not let someone else’s limitation of themselves and of you be your limitation.

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Why Not You?

This is a little in the direction of personal development, aspirations, dreaming and taking the necessary steps to invest, commit and taking consistent action to get to where you want to be.

See the reasons and benefits of the passive income lifestyle above – there are so many reasons and benefits to passive income and high ticket affiliate marketing, but I cannot force you.

I can bring the horse to the water but I can’t make the horse drink – The horse has to be thirsty and hungry. If the horse isn’t thirsty or hungry, nothing can make it drink or strive to search for water and growth.

Likewise, I can’t force you to start YOUR passive income entrepreneurship adventure and journey. I can only invite you to join me (which I am) so together, it’s more fun and we can achieve more together.

Choose yourself.

Choose growth.

Choose life.

Choose good.

Choose to start your passive income entrepreneurship journey.

You have to find biggest motivation FOR and what you DON’T WANT, basically

  • What you WANT to achieve with the passive income lifestyle / being a Passive Income Entrereneur (see reasons and benefits section) as well as
  • What you DON’T want to end up doing or being – which is being broke and locked in to a place or job and doing things you hate with people you don’t like

If we do not plan our goals and take consistent actions to take us where we want to go, other people will plan for us and use us to take them to where they want to go.

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Why Not Now?

Last year and yesterday would be the best time to start.

The second best time to start will be today, right now.

If not today, then when?

Where would you be in one year’s time? If you don’t take any actions and keep doing the same things at the same place, chances are, you’d end up at the exact same place, one year from today.

The definition of insanity is doing the same thing over and over again and expecting a different result –  Albert Einstein

So if you want to transform your life and have a future and passive income streams, choose to invest in learning how to do so today.

Start Your Passive Income Entrepreneurship Journey Today

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Why Passive Income Entrepreneurship

The individual on his or her passive income entrepreneurship journey is a person who builds a lifestyle business that runs and automates with the power of technology, providing ongoing value 24/7 to their clients. In turn, this provides passive income in payment for the value.

Passive Income Entrepreneurship is both my conclusion and solution to building and living The Passive Income Lifestyle. You see, since 2008, I’ve been writing on The Passive Income Lifestyle ie acquiring and building assets (online or offline) that will provide streams of passive income, dividends, commissions and cashflow that allows us to live without worry about money any more.

As I wasn’t born into rich family, and I will not marry for money, nor will I beg for money, hence my conclusion and solution is to start my own passive income entrepreneurship journey.

I started with offline freelancing, and hustled my way up (can read more of this below), but it is tough. These days, I recommend friends, families and entrepreneurs to keep their jobs first and to build an online business monetized with affiliate marketing on the side.

Have some secure and stable 9-5 to pay rent, bills, food etc which provides leeway to use the extra 2-6 hours weekdays and 6-12 hours weekend, to hustle on the side. ONLY when the side hustle earns at least 50% of what their 9-5 offers them, then they can consider exiting their 9-5 and focus full time on their business – this allows sustainable growth and success.

Hence my recommendation to start off with affiliate marketing as a side hustle:

Affiliate marketing simply means that the affiliate gets paid a commission for every successful sale based on the affiliate’s recommendation. Why I recommend starting a high ticket affiliate marketing online business is because

  1. Affiliate Marketing Means You Get Paid A Commission To Recommend Other Companies’ Stuff. You don’t need to create your own products, you dont need to start another Google or Facebook. Just recommend stuff you already use and love and get paid for it (you probably already recommend stuff to people, just that you dont get paid for it).
  2. Low Barrier To Enter: It’s cheap and affordable to start. We’re talking a few hundred dollars for support tools, and a few thousand to learn specific skills and methods to make high ticket affiliate commissions online. This is unheard of in the physical world – the  therapy businesses I start is minimum 5-6 figures just to start and our monthly running expenses are above $50K/month. And the profitability isnt even as good as online business which can be anywhere from 50-95% net profitability.
  3. Customers Everywhere In The World: It’s not limited to any particular location or geography – you can start and run a profitable online business and run it globally eg you can be based in Thailand or an island (with internet of course), and sell to a global audience in United States, Singapore, United Kingdom, Canada – wherever you want
  4. Life-long Skill: it’s a skill that you can use for life – yes and yes, you can use the same skill to start a complementary online business to the first one. It is also a transferable skill that you can teach to your loved ones and friends and family should you desire to do so.
  5. Highly Scalable: it’s scalable and especially cheap to scale, because you leverage technology
  6. Works On Autopilot…As You Sleep: As scammy as this sounds, frankly, because it’s technology, your online business will work 24/7 and every single sales page is your sales team that works 365 days a year, 24 hour a day, 7 days a week for you, day-in-day-out

Another strong reason why I advocate to learn how to build a profitable online business is because we never save money into wealth.

This is the case is because we can only save on how much we make, ie if we make $2000, at best, we can only save a percentage on $2000 – be it 5% ($100) or 50% ($1000) – and that’s the hard cap.

With a successful and profitable online business, when we nurture it well, it can make $500 a month, $1000 a month or more – this will be a marked difference between “saving” and starting an online business.

Since 2008, I’ve been writing about the importance and necessity of building multiple streams of recurring passive income for financial freedom (and all the other reasons and benefits of passive income as mentioned above) and after writing for years about building and living the / a / your passive income lifestyle, I am committing to help my readers, friends and families with PassiveIncomeEntrepreneurship.com.

I don’t just want to talk about it anymore, but I want to provide an actionable solution and resource for people who are interested, motivated and want to

  • change their incomes and earn more online
  • build a profitable online business
  • live and work anywhere they want in the world

Start Your Passive Income Entrepreneurship Journey Today

Passive Income Entrepreneurship Is Not For Everyone

I realize and know that Passive Income Entrepreneurship is not suitable for everyone.

It’s just not for many reasons, be it timings, seasons, motivations, fear, too hard, too tired – there can be so many reasons to not embark on this transformative journey. (Do refer to the section on What’s Your #1 Reason For Passive Income?)

You need to find your REASON FOR and WHY, your reason to start and grow your passive income entrepreneurship adventure, not dwell on the can’t/won’t/didn’t. Remember, fortune and luck and growth and profits favor those who are diligent and those who take action and those whose visions and dreams are so strong, it pull them forward towards their future and destinies.

Without a strong and compelling reason and consistent actions in the directions of our goals, all motivations, dreams and hopes remain as that. “Just” dreams and hope.

So

  • if you’re not ready to commit to change and learn new passive income habits and streams
  • if you don’t have the funds to invest (or don’t want to)
  • if you just don’t believe in it
  • if you don’t believe in yourself
  • if you don’t want it for yourself
  • if you’re not feeling well

It’s okay too, sometimes it’s timing and things. Do what you need to do first. Come back later when you can and when you’re ready to transform your life and future by starting your passive income entrepreneurship journey..

I’ll still be here.

Of course I would have grown more by then, I won’t be at the same spot =)

When you’re ready, I invite you to come join me on this adventure and passive income entrepreneurship lifestyle – and for the massive and consistent action takers: you will find and receive what you seek earnestly and consistently.

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Why Affiliate Marketing Is The Best Way  Way Forward For Passive Income Entrepreneurship (See Point #3)

In a nutshell, high ticket affiliate marketing and profitable online business is the best and most practical approach to your passive income entrepreneurship journey.

#1 Find & Keep A Stable Day Job (Don’t Quit Your Day Job Yet)

It’s very hard to start one’s passive income journey if one cannot put food on the table or pay for basic things like rent, water, toilet etc. This is especially important if we have dependents like spouse/partner and children or pets who may depend on us to live, eat, go school, see a doctor etc.

Without a basic income, stuff like health, healthcare and wellness can be hard. Even things like mental health, alertness, clarity etc will be compromised.

So, if you don’t have a job yet, get one first. I don’t care if it’s a mundane 9-5 job, but go get one and keep it, and keep yourself and your dependents safe, fed and have a shelter. If you already have a day job, good. Keep it first for regular income.

Just survive first and have some semblance of normalcy and income.

#2 Aggressively Cut Out Unnecessary Costs + Keep Costs Ruthlessly Low

Save as much as possible.

You need money to invest into starting and building your passive income entrepreneurship – make more first, then only can you invest or spend more. Buying something “just because someone you know has it” or “you deserve it” may seem interesting, but if you’re not gonna use it, don’t waste money on stuff that you don’t care about because every dollar you saved and set aside needs to work hard to make money for you.

If you need more granular guidance, consider splitting your savings into groups such as

  1. 10-15% untouchable saving for rainy days and urgent, life saving stuff.
  2. 10-15% into dividend stocks to slowly build your dividend income from a portfolio of dividend and income stocks (as well as cryptocurrency if you like)
  3. 25-50% to spend on whatever your basic necessities are.
  4. 10% to splurge on whatever you want, guilt-free
  5. 10% remaining into investing into improving yourself, like buying books or courses or seminars to learn a specific skill or upgrade yourself.

The 10% from #5, I highly recommend to learn, experience and improve either (See point #3 and #4) a highly paid skill such as high ticket sales and/or learning how to build an online business on the side which can really scale due to it being technology based. This will help you accelerate your passive income lifestyle as there is no cap on how much you can earn.

Start Your Passive Income Entrepreneurship Journey Today

#3 The Grind OUTSIDE Your 9-5: Start Your Passive Income Entrepreneurship

Remember I shared in point #1 which is to keep your 9-5 day job? And if you managed to keep your costs low and save some of your income aside which is 10% at least to invest into learning new skills?

So yes, whilst you have to work from 9 AM to 5 or 6 PM, next is to take some of your savings aside and then grind and hustle during

  • your weekdays 8 PM to 2 AM and
  • your weekends

So your 9-5 is to ensure you and your dependents have food and shelter and some decent human well being stuff done….BUT your grind outside the 9-5 is where you get rich and build all your streams of passive income OR learn a high income skill.

And I highly recommend learning how to build a profitable online business starting with affiliate marketing because there are so many plus points to it:

  1. Affiliate Marketing Means You Get Paid A Commission To Recommend Other Companies’ Stuff. You don’t need to create your own products, you dont need to start another Google or Facebook. Just recommend stuff you already use and love and get paid for it (you probably already recommend stuff to people, just that you dont get paid for it).
  2. Low Barrier To Enter: It’s cheap and affordable to start. We’re talking a few hundred dollars for support tools, and a few thousand to learn specific skills and methods to make high ticket affiliate commissions online. This is unheard of in the physical world – the  therapy businesses I start is minimum 5-6 figures just to start and our monthly running expenses are above $50K/month. And the profitability isnt even as good as online business which can be anywhere from 50-95% net profitability.
  3. Global Marketplace: It’s not limited to any particular location or geography – you can start and run a profitable online business and run it globally eg you can be based in Thailand or an island (with internet of course), and sell to a global audience in United States, Singapore, United Kingdom, Canada – wherever you want
  4. Life-long Skill: it’s a skill that you can use for life – yep, you can use the same skill to start a complementary online business to the first one. It is also a transferable skill that you can teach to your loved ones and friends and family should you desire to do so.
  5. Highly Scalable: it’s scalable and especially cheap to scale, because you leverage technology
  6. Works On Autopilot…As You Sleep: I know this sounds scammy, but frankly, because it’s technology, your online business will work 24/7 and every single sales page is your sales team that works 365 days a year, 24 hour a day, 7 days a week for you, day-in-day-out

Another strong reason why I advocate to learn how to build a profitable online business is because we cannot save money into becoming wealthy.

The reason why this is the case is because we can only save on how much we make, ie if we make $2000, at best, we can only save a percentage on $2000 – be it 5% or 50%.

With an online business, when we nurture it well, it can make $500 a month, $1000 a month or more – this will be a marked difference between “saving” and starting an online business.

Learning, applying and doing this well will transform your life significantly.

An example is I used to earn $2000 per month as a therapist in a large public hospital – I wasn’t gonna waste time trying to win the game of petty healthcare politics and spending tens of thousands of dollars and maybe get an additional 3-5 years bond to “just” increase my salary by a few hundred bucks a month.

Fuck that.

Instead, I decided to be an entrepreneur, where I knew there is no limits, but I went ahead and learnt the hard way, and got cheated, learnt many business, leadership and entrepreneurship lessons – all these lessons, I take them as investments to improve myself.

My results at a glance:

  • 2007 – my take home pay per month as employee was $1700 (gross $2000)
  • 2008 – my 1st month as freelancer was $4800
  • 2010 – dividends as business owner was $30000 per year
  • 2013 – $100K dividends per year
  • 2014 – business acquired for 7-figures
  • 2017 – exited the acquired business because my work was complete there, ready for next phase
  • 2018 – started my 18 months sabbatical away from therapy business and focused on online business and publishing
  • 2019 – invited to my wife’s physiotherapy business and turned it around from multiple setbacks to strong-accelerated growth business
  • 2020 – multiple businesses, multiple online assets, growing therapy business, creating sustainable growth and and more – it’d more than like 100X from here

I’m having a ball of a time right now, and I won’t have this if I stuck to my $2000 a month job. Sure, I may have some raises along the way, but oh boy – it started with a dream and desire.

Start Your Passive Income Entrepreneurship Journey Today

#4 Invest Profits And Surplus Into Stable Positive Cashflow Assets (Passive Income Portfolio)

Take a % of all your passive income entrepreneurship profits and work savings, say 10-50%, depending how aggressive you want to be and invest them into stable positive cash flow assets such as

  • rental / lease properties for rental income
  • dividend stocks such as equities and bonds for dividend income
  • cryptocurrencies such as Bitcoin and Ethereum and stake them for interest payment in cryptocurrency
  • etc

The second goal for Passive Income Portfolio is for the interests, dividends and income here to pay for all living expenses, then to fund more purchase of portfolio assets and luxuries.

Talk soon!

 

 

Nigel

 

Not sure where to go from here? Consider:

  • Viewing my updates and blog posts at the Blog section
  • See the Tools I use to make passive income and money online
  • Go to the Learn section to learn more about affiliate marketing etc
  • Go to the Make Money Online section to learn specificly how to make money online
  • Contact me to say hi/reach out, or use the links on the right sidebar to contact me by WhatsApp or FB Messenger
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