Passive and Residual Income: 6 Key Strategies You Need to Know - Kate Northrup
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- Опубліковано 30 вер 2024
- Passive and Residual Income: 6 Key Strategies You Need to Know - Kate Northrup
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Kate Northrup, author of Money: A Love Story, gives six specific ways to create passive or residual income that she calls Financial Freedom Freeways. It's important to have multiple streams of income if you want to create financial freedom to be able to do whatever you want to do with your time. That's why finding out these six ways to create passive and residual income is critical.
She outlines each one and shares the pros and cons of each, as well as some tips for getting started and being successful.
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1. Intellectual Property @ 5:11
2. Affiliate Marketing @ 6:27
3. Investing @ 7:32
4. Traditional Business @ 8:56
5. Franchising @ 10:10
6. Network Marketing @ 11:02
Winner of a video, I have been researching "top residual income opportunities" for a while now, and I think this has helped. Ever heard of - Qonmily Passive Formality - (should be on google have a look ) ? Ive heard some pretty good things about it and my cousin got excellent results with it.
Wish I had seen this comment earlier - she doesn't start talking about the 6 things till 5 min in. :-P
Thank you so much! Am on chapter 2 of your amazing book. Day 5 of the 21 day challenge. Determined to sort out my finances this year and very grateful I came across your book.
4:30 --》skip introductory
I need to make money while I'm making money thinking about making more money.
Thank you for sharing your knowledge.
America is becoming a two class society, working class living paycheck to paycheck, or execs making 7 digit incomes.
Thanks so much for watching!
your "body language" skill are really...impressive tho...You must have study this hard ;d
I definitely did! Thanks for watching!
how much did you make in your first month of publishing your book? how do you market it?
"whatever u want to do, wherever u want to do it, with whomever u want to do it with"........im sorry, the way she said that I just cant help but think about one thing......and that's sex........
Percy Sherrod ...cute..
Very Informative video. Thanks!
6 strategies for passive and residual income:
---
1- intellectual property (book, online course, invention etc)
2- Affiliate marketing (spread the word to get commission)
3- Investing (stock market, bonds, real estate)
4- Building a traditional business (that works whether or not you're present)
5- Franchising (buy a model e.g. McDonald's, Subway ... etc)
6- Network marketing
Thanks for this!
I loooooooooooove this video, I came here after Marie Forleo episode 👍🏻 you are my favorite person now on UA-cam Kate .
That means so much to me! Thanks so much!
Kate, your advice is timely, concise, and from my experience, realistic. Not just for me, but for a young relative who has written an unpublished book. At 21, she will get plenty of help by understanding Intellectual Property and how you explain it. For myself, I have my own ideas, and listening to you break it down into jargon that I understand, is terrific. Thank you. Bungalo Bill
Sound Advice....
awesome!! precise, concise..I prefer network marketing...have been in traditional business, investment...all lead to huge losses N time consuming, sucking my energy..real burnt out
skip the introduction to minute 5:10 for the strategies
Thanks for helping fellow watchers of this video!
Great tips Kate!
hi kate... I'm from Malaysia and Im 20 this year..you know what? Your video are really awesome because it inspire me to generate ideas for passive income altough Im still an university student, but you have open my mind regarding how to create passive income..thanks a lot
This was such a helpful video! Thank you so much, Kate! I also started in Network Marketing and that really opened the doors for me in the business world. It was really nice to briefly meet you at wds, you are even more beautiful in real life!
Great video. Your tips are really helping me get into gear and build my dreams.
These are 6 points to memorize, as it is a smart thing to have tucked in your back pocket - great conversation starter. I'm adding how I've done some of the 6 and so happy to be using the Network Marketing business model too.
I don't believe in the wages nor the food of mcdonalds but I believe in profit. But I give your props for investing in equities you believe
Isn't "tapping for money" a get rich quick scheme that doesn't work??
Your awesome! So glad I found you on UA-cam! You got a solid sub! Thanks for the amazing video!
Great video, Kate! Awesome to see you start on this series. Woohoo! I will stay tuned for more, for sure. :)
Great job this video was very helpful. I would like for you to coach me for just a day.
thank you so much video views amazing learning
Kate, very helpful video. Thank you!
Really got inspired.Thanks.
Keep it going Kate, I passed you along to three people last week.
Thank you Kate.. You are Logical. Articulate.. Smart.. and Absolutely Fantastic. Thank you for the constant inspiration... I can't wait to read your book.... Its all about doing the work for our self. Thanks for always keeping it Real.
So helpful your beautiful thank you!! Just subscribed too!!
Amazing! Thanks for being here!
Excellent! Thank you.
Awesome
Thanks so much!
Great content. .. Thank you.... you deserve more subscribers
Thank you!
Great workshop Kate
Is this Wayne Northrup's daughter?
DAVID veilleux
Dr Christiane Northrup's daughter
Very good
great video!
Great Work Kate
You're so awesome
Amazing!
I guess I really need to rethink network marketing, I've been burned with some companies and find it distasteful. How can I change my thinking around this?
Robin Chipman - There is a great called Rich Dad Poor Dad which is a great place to start. And we have a webinar that explains more under The Freedom Family on my website: katenorthrup.com. The work with me tab.
Thank you so much for watching.
+Kate Northrup Rich Dad Poor Dad is an amazing book!
just ask yourself "what do i think is wrong with MLM? (network marketing)." Write down each thing that comes to mind. Then ask yourself if they are true, and what is the truth about each one? Their are a few really common reasons why people don't like MLM. But when you look closely at each one, they fall apart. The truth is, their is almost no better opportunity than MLM/network marketing. I'm with two MLM businesses, and would be happy to introduce you to them. They may or may not be for you. Their are many MLM companies...find one you like and believe in. Research a bunch, or talk to your friends, you can bet some of them are doing MLM. Put some thought into it, don't just jump into any MLM company - it needs to fit you and your values, and feel right to you.
Smart lady! Glad I found you!
So glad you found me too!
thanks for the knowledge. you're very pretty by the way
You are awesome!
+Anthony Hall u got a crush on her, don't you? cmon dude ask her out....
good tips Monroe.
💕💕💕💕
Why no real estate?
JAchica11 7:36
If this is an option for you it can be a good source as well!
"Significant work up front". So, I guess that means, it's not really passive?
Thanks suga
Thanks for watching!
Great video!
Lots of spam here!