How to make 100k per year in passive income? Did you know that if you make 100,000 per year,
that puts you in the top 1% of income earners in the world? Yeah. In the world. I do it. I make
$100,000 per month. So, I definitely can show you exactly how to make $100,000 per year. Let's go.
So, let's talk about what passive income is and how you actually get it. As many of you guys know,
I used to be a corporate flunky. I literally used to work in banks and mortgages for many
many years before I became an entrepreneur. And I literally love being an entrepreneur. It has been
life-changing for me and I cannot believe I waited as long as I did to quit my job and
become a full-time entrepreneur. And so, one of the things I want to encourage everyone to do is
start thinking about becoming an entrepreneur and creating multiple streams of income for yourself.
So, when it comes to passive income, it is not as difficult as people make it seem. The reason
why I was able to quit my job and leave my job behind was essentially, because of passive income.
I started off (like I told you guys before) in my parents' basement. I was a complete disaster
and I started there with bad credit multiple foreclosures and a total loser. I learned how
to wholesale which means I start I learned how to find people with real estate property problems,
get those people under contract and then flip those contracts for a fee. I was able to get
out of my parents' basement because on each deal I was making like 5 or 10 thousand dollars per deal.
So, by the time that I was able to graduate college, I had completely transformed myself from
the situation that led me back to my parents' basement. But unfortunately, I still did not
change my mindset and I was making that money. I paid off some of my debt. I got out of my parents'
basement but I never really started creating passive income or tried to become an entrepreneur.
I had been brainwashed for so many years thinking that I had to work a job that if I wanted more
money, I needed to go to school or get some degree or get some certification. And that was all
complete bs. None of it was true and that is not how I got to the place where I am now where I make
millions of dollars per year. So, let me tell you the real story on how you can do that today. So,
the first thing that you need to do in order to truly start creating passive streams of income
is to become an entrepreneur. Now, you do not have to just quit your job or say, "Hey,
I quit. You know, here's my 2 week notice. Here's my resignation. I quit now. I'm an entrepreneur."
No. Step 1 is go ahead even if you have a job, go ahead and set up your business. And when I
say set up your business here's what I mean. You want to go ahead and register your business with
the secretary of state, get an LLC, an S Corp or a C Corp. You want to get a professional email,
you want to get a professional phone number. You want to get a professional website and you want
to get your EIN number, okay? You can do all of these things in about a day. I've made an entire
video on how to set up your business. I'll make sure to put a link above or below wherever so
that you can watch that entire video and learn the exact process. But the 5 steps that I just told
you you usually can get set up in just a day. And by doing this, you are setting yourself apart from
most businesses. Most people that say they want to be an entrepreneur, they want to be self-employed,
they never even really take the time to set themselves up as a business. So, you go ahead
and you do that and that's going to put you in a position where I can show you how to get
hundreds of thousands of dollars in just a few months. The second thing that you want to do is
you want to make sure that you get a business checking account. This is so important. So,
once you have the business set up, you want to go ahead and get a business checking account. You can
literally go to your local bank. You go to Wells Fargo and go to Chase. You can go summit to the
mid-sized banks. Those are what I prefer. Or you can even go to a bank that's really new (Online,
all online, super easy) called north one. I'll make sure to put a link below and you can get
your business bank account set up in less than 3 minutes, okay guys? And this again is going to set
you apart from other businesses and allow you to get business funding that you wouldn't otherwise
be able to access with your own personal credit. But you want to make sure that you have a business
checking account because it sets up a situation where you can get funding from lots of lenders.
They'll want to see 3 months of your business checking account statements. And in many cases,
I have students that have been able to get $10,000 with a business that is not even 1 year old. The
next thing that you want to do (and this is from the previous step) is make sure that you
are online and you have a great online presence. So, of course, you have the website which I told
you how to make sure you get a website. But you also want to make sure you have everything that
you should have to make sure that you are found online. You want to make sure that you are in
Google and your google verified. You want to make sure you're on Yelp and you're verified there.
You also want to make sure that you have your business social media platform set up. So,
you want to have a business Facebook, you want a business Instagram. You want to have your LinkedIn
tied to your business. You want to make sure that people can find you online. Because the best way
to make sure that you can actually get money and convert people really quickly is they need to be
able to find you online. So, one of the reasons why I told you to make sure you get your business
registered and you get the EIN number you get the business checking account is for credibility. This
way when people look your business up, you know, you say, "Okay, I can help you with this problem."
The first thing that people are going to do is Google you. I'm sorry. We know we live in
the age people are going to Google you. So, you want to make sure that they find you online and
you look professional as a business online. This will create a situation where they will go ahead
and just click and trust you and start paying and buying your products or your services right
online without you having to actively speak to them or convert them. If you look good online,
you will create passive income for yourself. I promise you. And then the last step to getting
$10,000 per month... And this is the secret sauce that no one's really talking about.
It is business credit. So, now that you have your business set up, you have the registration,
you have the ein number, you have the business checking account; you want to make sure that you
are also set up with your business credit report. You want to go to Dun and Bradstreet. Dnb.com and
get your free Dun and Bradstreet number. This is going to allow you to have a business credit
profile. And this is how you can unlock hundreds of thousands of dollars for your business. And
this is a problem that most people face. And this is why most businesses do not make it. They don't
have enough capital. They don't have enough money. If the income goes up one month and down
the next. They can't really navigate that. But if you have hundreds of thousands of dollars in
credit lines and credit cards and money basically in your business's name, you'll have a very strong
business that can last year after year after year. Additionally, business credit will unlock
a situation where you can market your business. Most people fail in their business because they
don't have any money to tell anybody about their business. They don't have any money for ads,
they don't have any money for letters, they don't have any money for billboards and things like
that. But guess what? Literally, people will loan your business hundreds of thousands of dollars,
okay? Hundreds of thousands of dollars just if you do these simple things and you start working on
your business credit. It literally takes months, not years. And in fact, you can do some of this in
weeks. I literally had a student that was able to get a 24,000-dollar business credit card on
a business that they just opened up once they got their business checking account. It really is just
that simple. Then the next thing that you do is the money that they give you for your business,
you market your business and you start getting customers. It's really just that simple. You
want to decide what it is that you're going to do and then create multiple streams of income around
that thing. Not complicated at all. But business credit and business funding is that bonus and that
secret that most people just fail to do. So, make sure that you do it. So, now you have exactly how
to make 100k per year in passive income without any money. In fact, I've actually created an
entire course that will teach you everything. It was just a little bit too long to put up here.
But I want you to check it out. It's absolutely free at noellesfreetraining.com. It'll give you
my exact formula to making money in real estate without losing money. Tells you everything that
you need to know. I just want to make sure that you have all of the tools, all of the resources,
and all of the information that you need to be successful. This is Noelle. To your success.