![]() ![]() Understand that the key here is little or no effort which many people often forget. “Passive income is an income that you received on a regular basis, with little or no effort required to be able to maintain it.” – Wikipedia “It’s all about you working hard now so you can be able to reap the benefits later.” – Pat Flynn, “Passive income is earnings that’s derived from a rental property, limited partnership or other enterprise in which you is not actively involved.” – Investopedia Passive income explained and how to get more from it Other definitions There’s been a bit of discussion recently on a lot of forums about what opportunities, that await those who seek for passive income. However, the fact remains, “passive income” isn’t that simple to realize and is really a reasonably loosely-defined pop phrase. Every on-line guru will claim to know the key of creating millions in your sleep. The term “passive income” always get to be thrown around of late. To know more about Dr Kim, read his interview on how he became a passive income md and also of his journey on ways to earn passive income. Peter owns and runs his own blog “Passive Income MD” where he shares his knowledge with his readers, on how he’s putting his money to work via real estate investing. He shared his experiences, talked about his mistakes, his failures, some of the good stuff that was going on, and the next thing people started to come around organically. He started to put it up on a blog by writing about it. This prompted him to start looking outside his profession a way to figure out what else people are doing to gain financial freedom, and that landed him to real estate. He came to the point where he then realized he couldn’t really rely on his job completely, at least for income, to live the life that he so much desired, both for himself and his family. A few things took place at his place of work – politically. As the saying goes that life is full of uncertainties. He started his practice as an anesthesiologist about few years ago. While being supported financially by streams of passive income. According to him, he tries as much as possible to balance his time with his family and his job as a physician. He has an amazing family, which consist of his wife, kids, and his dogs. In order to be able to fulfill his California dream, he followed his wonderful wife to the city. Presently, he is an anesthesiologist living in Los Angeles, California. Passive Income MD! Who is this Dr Peter Kim? Dr Peter Kimĭr Peter Kim grew up in East Coast. You can be able to achieve this once you start earning passive income for yourself! And yes, it’s too sensible to be true. Visit the places that interest you and have money to spend too. Imagine having the freedom to travel around the globe. Actually with the stream of passive income, some people are becoming millionaires. Passive income md is known to have said “anybody who wish to have financially freedom, can do it.” People are achieving it all over the globe just reading about success stories of other people. Once you’re financially free, you don’t swap your time for cash Some even go ahead to maintain their streams of passive income as their full time job, and build them to be able to generate massive wealth. While asleep or even out of labor, you’ll still be able to earn. ![]() You’re not a slave to money, you’ll be able to go wherever you want, any time any day. Once you’re financially free, you won’t swap your time for money. Every one wants to be financially able to provide him/herself. So, why should anybody begin to think about passive income? Well, passive income is the key that unlocks the door of financial breakthrough. Why Should Doctors Focus on Passive Income? Why Should A Doctor Consider Passive Income? Is He Not Paid Very Well? ![]()
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