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Secrets to Creating Passive Income!

Secrets to Creating Passive Income

and becoming financially free

Thornton & Craig
ISBN: 0-9801941-9-9

Passive Income
greater than Expenses
equals Financial Freedom!

The financial gurus of our time teach that your money has to work for you if you are ever to reach Financial Freedom. Passive Income is the best way to accomplish this.

When you think "passive income," most people think stock investing, real estate investing, book royalties or savings accounts. Those are all good, but only represent a handful of the potential passive income streams that are available to you.

This book is intended to get your creative juices flowing, give you ideas, tools and resources so that you can increase your passive income up to the point where you're financially free. There's an old silly saying, "The one who dies with the most toys - wins!" We'd like to replace that commonplace saying with one that makes a lot more sense.

"The one that gets free first, wins!"

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Secrets to Creating Passive Income
Secrets to Creating Passive Income




Special order this
Financial Freedom Handbook
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with this ISBN:
0-9801941-9-9

Secrets to Creating Passive Income
Secrets to Creating Passive Income

This book is available on Amazon.com's electronic reader, the Kindle
Table of Contents



  • Introduction to Financial Freedom
  • About the Authors
  • Gift to Our Readers
  • Why the “Hours For Money” Model Doesn’t Create Financial Freedom
  • “It Takes Money To Make Money” is a Myth
  • How the Rich Do it
  • Do Us A Favor...



    Idea Fest

  • The Value of an Opinion
  • The Value of a Problem
  • The Value of Experience



    Practical Application

  • How to Get Paid for What You Already Know
  • How To Get Paid for What You Want to Learn
  • Duplicating Yourself
  • Making Your Resources Work For You
  • Making Your Money Work For You



    Your Needs, Your Goal

  • Calculate Your Expenses, Know Your Goal
  • Pep Talk
  • Can You Decrease Your Expenses Anywhere?
  • Should You Increase Your Expenses Temporarily?
  • Vacations
  • How Much Income Do You Bring In now?
  • Create A Plan



  • Conclusion
  • Pass It On
  • Sources & Resources
  • Secrets of Creating Passive Income
    and becoming financially free

    Introduction to Financial Freedom

    Most people, when asked what they “do for a living” respond with a description of their ‘Active Income’* source - their job, profession or basically, their main source of income as if how you generated your money defined you.

    Wouldn’t you rather answer that question with a description of what you ‘love’ to do. Financial freedom is about freeing you from having to go to work to meet your expenses, allowing you to chose to spend your time at something you love. Maybe that is still work, but it’ll be work you choose to do. Maybe it’ll be work, but it’ll be the volunteer work you’ve always wanted to do. Maybe it’ll be spending time with others inspiring them to become financially free also so that you can go on trips to fantastic places together now - not when you’re too old to enjoy it!


    *Active Income is whatever you are doing to create your paycheck today. For most people it is a job with an hourly wage or annual salary. Either way, it is a trade, your time for their money.


    So, what is the definition of “Financial Freedom?”

    The description that makes the most sense is the simplest one: Financial freedom is achieved when you get your passive income to exceed your expenses.

    Fine then, what is Passive Income?

    Passive Income” is defined many ways.

    The IRS defines passive income as “income generated by an activity in which the taxpayer does not materially participate.”

    Passive Income is not time dependent.

    Passive Income works for you, not the other way around.

    Passive Income will require some activity and attention, but the time involved will be minimal compared to the returns. You get to determine how much time and when you spend it.

    True Passive Income is something that you can walk away from and it still pays you.

    Passive income has the ability to multiply, without limit, the use of your time, effort and energy.

    Some good examples of passive income are:

  • royalties on a book
  • interest income on money in the bank
  • rental income on an investment property
  • stock dividends
  • affiliate commissions
  • multi-level marketing structures
  • digital product sales
  • referral bonuses
  • consulting
  • teaching / tuition
  • raising fish, plants, pets
  • advertising for others
  • vending machine income

  • Resources

    Recommended Books:

  • Revenue Beyond Royalties
    1-932344-39-X EJ Thornton
  • Secrets of the Millionaire Mind
    0060763280 T. Harv Eker
  • So You Want To Write A Book
    0-9801941-3-X Othniel J. Seiden
  • The Basics of Profitable Publishing
    1-932344-50-0 EJ Thornton


    Interesting Books:
  • Visual Basic 2005 Cookbook
    0596101775 John Craig & Tim Patrick
  • Visual Basic 6.0 Developers Workshop 157231883X John Craig
  • Health and the Domino Effect 1932344551 Sharon Price, CN
  • What Will Set You Free 0-9774761-8-9 Cynthia James
  • Brother Asaiah 0-9779960-4-2 Martha Ellen Anderson
  • Sex in the Golden Years 0-9801941-0-5 Othniel J. Seiden, MD & Jane Bilett, Ph.D.
  • The Cartographer 0-9801941-2-1 Othniel J. Seiden, MD & Jane Bilett, Ph.D.
  • Heavy & Healthy 0-9779960-5-0 Othniel J. Seiden, MD & Jane Bilett, Ph.D.


    Tele-seminars:
  • Seven Ways To Make Everyday a Payday by EJ Thornton


    Resource Websites:
  • AssociatedContent.com
  • BoomerBookSeries.com
  • Clickbank.com
  • Craigware.com
  • E-lance.com
  • FreeConferencing.LiveOffice.com/
  • Articles
  • Affiliate Programs
  • Intellectual Property
  • Private Equity Investing
  • Publishing
  • Real Estate Investing
  • Stock Investing
  • Web Optimization
  • ForTheWealthOfAll.com
  • FreeU.com
  • Hartunian.com
  • Revenue Beyond
  • Shawguides.com
  • Snapmonkey.com
  • E J Thornton
  • John Clark Craig
  • T. Harv Eker


    Examples, Interesting & Fun Websites
  • Cloudbait.com
  • CNN.com
  • Heavens-Above.com
  • LucidLights.net
  • PetHealthFocus.com
  • Sports-Top-10.com
  • StickySheets.com
  • Gentle-Angel-Secrets.com


    Affiliate Programs:
  • Amazon.com
  • asseenontv.com
  • CommissionJunction.com
  • Ebay.com
  • Google.com/adsense


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    Thornton Publishing, Inc.
    17011 Lincoln Ave. #408
    Parker, Colorado 80134
    Phone: 303-794-8888
    Fax: 720-863-2013
    Email: Publisher@BooksToBelieveIn.com


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    Last updated on: 10/10/08