d-trixx
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October 29, 2016, 12:29:18 PM |
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passive income is when you can sit back and do nothing or at least do very little and earn money with little effort. what you are describing as selling T-shirts on Amazon doesn't look like little work to me. so correct me if I am wrong but I have a feeling that it is too much work.
I got you point there and yes, it needs a lot of work and not called as passive income passive income is something that you are not fully working or not working at all but you will have checks and earnings weekly or monthly. I have an idea on selling t-shirts make a people who will work for it and you will just claim the payment moneys ,paid your workers and that's it it will called a passive income. To hire workers need to expand their business. And that was the profit from which to pay the employee. Let the course it will.
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Qunenin
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October 29, 2016, 12:42:57 PM |
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Lol, you need to figure out what 'passive income' means, else you're going to be selling t shirts until you die. But maybe that's your thing.
Buy stocks that pay good dividends. Buy bonds that pay good interest. That's passive income. The money goes to work for you, not the other way around.
Yes, the passive income is that you invest in a program like dividends or revenue share programs and then you have to do nothing. You will get some amount of interest and profit from your investment and you have to do nothing for that income except investment in the first place. You have to be careful in selecting such a programs as most of such programs can be ponzi.
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milewilda
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October 29, 2016, 02:02:03 PM |
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I think selling T-shirt on amazon cannot be considered passive income unless it's fully automatic I don't have success with bitcoin. But now, I can get passive income with selling T-shirt on Amazon. What is your source of income? If you want to know about my job, I can share tutorial.
Very true, selling t-shirts are not considered as passive income hence you would need to put efforts in able to sell some of it. This means you would still need to work and convince people and advertise about your certain products. Passive income means its fully automated and you still gaining money without doing anything and this could be achievable by having good investments or businesses here on online world or on physical world.
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serjent05
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Hire Bitcointalk Camp. Manager @ r7promotions.com
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October 29, 2016, 04:15:59 PM |
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I think selling T-shirt on amazon cannot be considered passive income unless it's fully automatic I don't have success with bitcoin. But now, I can get passive income with selling T-shirt on Amazon. What is your source of income? If you want to know about my job, I can share tutorial.
Very true, selling t-shirts are not considered as passive income hence you would need to put efforts in able to sell some of it. This means you would still need to work and convince people and advertise about your certain products. Passive income means its fully automated and you still gaining money without doing anything and this could be achievable by having good investments or businesses here on online world or on physical world. How about this kind of scenario, he has a capital to open up a business, let us say creating and selling t-shirt. He then use this funds to hire manager, designers, promodicers, web developer and other stuff to run the business. He then established it and is successful without even visiting the office and letting his manager to do the work. Now tell me is it an active income or a passive income?
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xuan87
Legendary
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Merit: 1001
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October 29, 2016, 04:37:12 PM |
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I think selling T-shirt on amazon cannot be considered passive income unless it's fully automatic I don't have success with bitcoin. But now, I can get passive income with selling T-shirt on Amazon. What is your source of income? If you want to know about my job, I can share tutorial.
Very true, selling t-shirts are not considered as passive income hence you would need to put efforts in able to sell some of it. This means you would still need to work and convince people and advertise about your certain products. Passive income means its fully automated and you still gaining money without doing anything and this could be achievable by having good investments or businesses here on online world or on physical world. How about this kind of scenario, he has a capital to open up a business, let us say creating and selling t-shirt. He then use this funds to hire manager, designers, promodicers, web developer and other stuff to run the business. He then established it and is successful without even visiting the office and letting his manager to do the work. Now tell me is it an active income or a passive income? passive income means you gain money or profit without doing anything, if you still sell something on amazon then it is called side job or main job, but if you are established a factory and you don't need to do anything and you hire all the people to do the job to get money then it is passive income
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South Park
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October 29, 2016, 04:51:11 PM |
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I do not think that what you are describing can be classified as passive income in the best case that is a small business that you have, passive income is income that comes to you without you having to do anything that is why is passive.
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Ayers
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Vave.com - Crypto Casino
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October 29, 2016, 05:10:08 PM |
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I do not think that what you are describing can be classified as passive income in the best case that is a small business that you have, passive income is income that comes to you without you having to do anything that is why is passive.
yeah, best passive income are cloud, or ponzi or hyp until they last at least, a bot that does trading for you is also a passive income, but on all of these you still need to invest time or money at the beginning, you always need to do something at the start, you can't magically have money in your pocket lol
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Yakamoto
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October 29, 2016, 09:20:06 PM |
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I personally don't get any passive income from any investment in Bitcoin right now, a majority of the time it is something active that I do and put energy towards. I would be fine with finding some sort of investment to make money from, however my other fiat investments are doing fine so far.
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Davidmmo999 (OP)
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October 29, 2016, 11:52:17 PM |
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I can get $900 per week. It is really big profit.
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VadikZimnyayaRezina
Full Member
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Activity: 490
Merit: 100
MenaPay - Crypto made easier than cash
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October 30, 2016, 09:47:38 AM |
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I can get $900 per week. It is really big profit. So you tell us how you get such a big profit. We, too, want. It is working in the online store?
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BingoDog
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October 30, 2016, 09:58:59 AM |
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I can get $900 per week. It is really big profit. Wow, that is a lot money for weekly earning! And what are your expenses for this, so how much have you invested to get 900$ profit? At the moment I'm earning only from signature campaign but I would like something more.
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malaj
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talkbitcoin
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All I know is that I know nothing.
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October 30, 2016, 10:13:12 AM |
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you don't have to be unsuccessful with bitcoin to start having a passive income. you just do it whenever you can do it. and the ways people choose will always be different but the important thing is if you think that is a good way and you are making profit then don't let anything stop you. in my opinion selling Tshirts is not good enough for me.
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senyorito123
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October 30, 2016, 10:46:57 AM |
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I can get $900 per week. It is really big profit. How come a newbie member here earns 900$ a week? So that mean you are very rich from now? And how could you do that? Do you have some methods or business to really on? Thats why you are earning such huge money in this industry, but if you are just saying the numbers by yourself and didn't tell how nor show some leads about that well surely we will not believe in your sayings right away since i think those business sites owners are the one who can earn that.
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hasiramasenju
Legendary
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Merit: 1000
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October 31, 2016, 03:44:25 PM |
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I can get $900 per week. It is really big profit. How come a newbie member here earns 900$ a week? So that mean you are very rich from now? And how could you do that? Do you have some methods or business to really on? Thats why you are earning such huge money in this industry, but if you are just saying the numbers by yourself and didn't tell how nor show some leads about that well surely we will not believe in your sayings right away since i think those business sites owners are the one who can earn that. newbie at this forum but doesn't mean newbie out there because many people hasn't using this forum but they able to get thousands of dollar every week and earning money is not coming from this forum only however regarding which method they would use i think they will not telling to us the truth because usually those people will keep for himself the method what they use
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Harlot
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October 31, 2016, 03:53:34 PM |
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I don't know if that is considered Passive as you are selling T-shirts, in which "Selling" Involves a lot of transactions such as receiving payments and handling shipments. Also a Passive income is about earning money without almost managing it, for example rents from your apartments, cars, and other businesses that pay you for the use of your property. Also to consider it a passive income it must not serve as a distraction for your main work as it requires less management.
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densuj
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October 31, 2016, 04:01:20 PM |
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I don't have success with bitcoin. But now, I can get passive income with selling T-shirt on Amazon. What is your source of income? If you want to know about my job, I can share tutorial.
The definition of successful with bitcoins are different between users and in my opinion you have got successful with bitcoins selling t-shirts on Amazon if you accept bitcoins for payment method and my passive income from bitcoin is from trading.
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Doamader
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October 31, 2016, 07:48:54 PM |
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Well im investing into a project that should go live at 2017 February, before that i really doubt i will get any passive income, i do make trading as well lending but its hard to get profit with low amounts.
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icecube45
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Merit: 1000
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November 01, 2016, 02:11:45 PM |
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If now I just get passive income from bitcoin; by using a signature campaign and trade. I can not get a more passive income. But I also have active income from my salary working in real life. Might I also would like to like to sell men's clothing shop to create an online site I made, so I can get more revenue.
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iamTom123
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November 01, 2016, 02:42:41 PM |
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I think selling T-shirt on amazon cannot be considered passive income unless it's fully automatic I don't have success with bitcoin. But now, I can get passive income with selling T-shirt on Amazon. What is your source of income? If you want to know about my job, I can share tutorial.
You got a point. Marketing apparels in any site for that matter can not be done passively. Yes, you can use automation tools to make things easy and faster but still when we say passive the meaning is really quite different. Passive to me is just like receiving an interest from a bank deposit or receiving a commission from a customer/client I refer to a program months ago...something like that. Now, having said that, I think there must something wrong with the way the OP had dome with his Bitcoin that is why he never had any success with it.
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Daisy14
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November 01, 2016, 03:27:56 PM |
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You can get passive income if you have been blogging for at least a year.
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