Passive Income Masterclass

Passive Income Masterclass

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Overview

An extra income source is always welcomed and passive income is the easiest way to bag some extra earnings. This course will show you how passive income helps you earn a handsome amount of money with little effort. It will teach you all the techniques essential for passive income.

This course will introduce you to the basic concept of passive income. The elaborate lessons will help you understand recurring income streams and what are the types of recurring income. It will also show you the fundamentals of residual income and its types.  You will get an extensive understanding of the relationship between residual, recurring and passive income.

From this course, you will learn all the wealth-building strategies. For learning the essential knowledge of passive income this course is the ultimate package. If you desire to earn from passive income this course will be your guideline. Enrol today and open yourself to new opportunities.

Course Design

The course is delivered through our online learning platform, accessible through any internet-connected device. There are no formal deadlines or teaching schedules, meaning you are free to study the course at your own pace.

You are taught through a combination of

Certificate of Achievement

Endorsed Certificate of Achievement from the Quality Licence Scheme

After successfully completing the course, learners will be able to order an endorsed certificate as proof of their new achievement. Endorsed certificates can be ordered and get delivered to your home by post for only £79.00. There is an additional £10 postage charge for international students.

CPD Certification from One Education

After successfully completing the assessment of this course, you will qualify for the CPD Certificate from One Education as proof of your continued expert development. Certificate is available in PDF format, at the cost of £9, or a hard copy can be sent to you via post, at the cost of £15.

Endorsement

This course has been endorsed by the Quality Licence Scheme for its high-quality, non-regulated provision and training programmes. This course is not regulated by Ofqual and is not an acknowledged lesson. One Education will be able to advise you on any further recognition, for example, progression routes into further and/or higher education. For further information, please visit the Learner FAQs on the Quality Licence Scheme website.

Method of Assessment

To assess your learning, you have to complete the assignment questions provided at the end of the course. You have to score at least 60% to pass the exam and to qualify for Quality Licence Scheme endorsed, and CPD acknowledged certificates. 

After submitting the assignment, our expert tutor will assess your assignment and will give you feedback on your performance.

After passing the assignment exam, you will be able to apply for a certificate.

Why Study This Course

It doesn’t matter if you are an aspiring expert or absolute beginner; this course will enhance your expertise and boost your CV with critical skills and an acknowledged certificate attesting to your knowledge.

The Passive Income Masterclass is fully available to anyone, and no previous lessons are needed to enrol. All One Education needs to know is that you are eager to learn and are over 16.

Course Curriculum

Section 01: Introduction
Introduction 00:04:00
Section 02: What are Recurring Income Streams?
What are Recurring Income Streams? 00:05:00
What Is the Recurring Revenue Model? 00:04:00
What Should You Sell to Make the Recurring Revenue Model Work? 00:05:00
The Importance of Recurring Revenue in a Thriving Business 00:03:00
Reasons Fortune 500 Companies Are Moving to Recurring Revenue Models 00:03:00
How Recurring Revenue Increases Business Value 00:06:00
Section 03: What is Residual Income?
What is Residual Income? 00:04:00
What Is Residual Income And Why Do You Want It? 00:03:00
What is Residual Income & Why is it Important for Building Wealth? 00:04:00
Reasons Why Passive Income Is Important 00:04:00
How Does Residual Revenue Work? 00:04:00
Why Residual Income is Important for Financial Independence 00:05:00
Section 04: Types of Recurring Income
Types of Recurring Income 00:04:00
Hard contracts 00:05:00
Auto renewal subscriptions 00:04:00
Build a Membership Program for Your Business 00:03:00
Become an Affiliate for Other Companies Products 00:03:00
Combine Online Membership and Physical Product Delivery 00:04:00
Section 05: Types of Residual Income
Types of Residual Income 00:05:00
Consider Investing 00:04:00
Write a Book or E-Book 00:04:00
Build an Online Course 00:05:00
Create an App 00:04:00
Launch a Podcast 00:02:00
Section 06: Relationship between Recurring, Residual and Passive Income
Relationship between Recurring, Residual and Passive Income 00:04:00
How They’re Similar and also Different 00:04:00
What is Passive Income and Its Relationship to Passive and Residual Income? 00:04:00
Examples of Passive Income 00:04:00
The Truth about Active Income vs Passive Income 00:03:00
Active Income Becomes Passive Income 00:03:00
Section 07: Building Wealth Strategies
Building Wealth Strategies 00:04:00
Effective Wealth Building Strategies Used by Personal Finance Pros 00:04:00
Develop a Wealthy Mindset 00:03:00
Strategies for Building Wealth 00:05:00
Strategies to Build Wealth Fast (That Your Financial Advisor Won’t Tell You) 00:04:00
How to Begin to Build Wealth 00:04:00
Section 08: Conclusion
Review 00:03:00
Assignment
Assignment -Passive Income Masterclass 6 days, 3 hours
Order Your Certificate
Order Your Certificate QLS 00:00:00
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