Books are our best friends and teachers. They give us knowledge, inspiration, motivation and skills that help us in every stage of our lives. One habit that is common to most successful leaders and entrepreneurs is that of reading books. At times, one book, one story, one quotation can become the driving force of a person’s life and motivate him in achieving great dreams.
“A book is a device to ignite the imagination.” – Alan Bennett
Here are the 5 books that can help you start with your journey towards passive income:
The Book on Rental Property Investing:Written by real estate investor and co-host of the BiggerPockets Podcast Brandon Turner, contains nearly 400 pages of in-depth advice and strategies for building wealth through rental properties. You’ll learn how to build an achievable plan, find incredible deals, pay for your rentals, and much, more! If you’ve ever thought of using rental properties to build wealth or obtain financial freedom.
Dividend Investing: In this book you’ll learn: (a) The four reasons why everyone needs to own dividend stocks and how they can help you reach financial freedom. (b) One group of dividend stocks that outperformed the stock market by 100% over the last decade. (c) The real estate dividend investment that has returned 13% a year for four decades. (d) The reason most investors lose money and a simple four-step process for investing in dividend stocks.
The Passive Income Myth: Learn (a) The exact process used to make money blogging, more money than 81% of bloggers in less than a year. (b) Five simple criteria used to pick dividend stocks that will create stable cash flow forever. (c) How to make money in the fixed-income investment that is replacing bonds as the safety income investment. (d) How to make money in real estate without the tenant headaches or even touching a property. An income strategy that has nearly doubled the annual return on stocks over the last 20 years
Click Millionaires: The book explains how to combine outsourcing, software, and automated online marketing to build recurring revenues, all while working less and making fewer of the lifestyle compromises that corporate “success” requires. Readers will learn how to: find a lucrative niche on the Internet that matches their interests and skills; choose an online business model: from blogs, noozles, and online communities to digital delivery, online services, affiliate marketing-even physical products; position themselves as a experts; build their audience; design the lifestyle they want; and balance passion and profits to realize their personal definition of success.
Start Your Own Business: Coached by business experts, practicing business owners, and thriving entrepreneurs, uncover what you need to know before taking the plunge, securing your finances, launching your venture, and achieving the many other business milestones ahead. With this book, you will pinpoint your target market, uncover the changing sources of funding for start-up and growth, use the latest technology to boost and streamlined your business plan, learn the secrets of successful marketing and profitable partnerships, discover digital and social media tools and how to benefit from them, understand important tax requirements, employee policies, legalities and take advantage of the hundreds of resources including vital forms, worksheets and checklists.