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How To Build Passive Income

By April 12, 2023September 18th, 2023No Comments
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How To Generate A Passive Income

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Digital Marketing

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Nowadays most passive income is made online, and most of the time, this requires some level of digital savviness. This can range from web design to digital marketing, but in any case, understanding how money works online and how to transact are paramount when generating a passive income. 

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Join the right communities

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We may sound a little bias with this one, being a passive income community ourselves, but you’ll find that a lot people that are achieving a passive income are sharing the word online. Of course, there are plenty of scammers out there, trying to make you sign up you become their passive income, but there are some decent entrepreneurs out there that are honest and recommending legitimate opportunities.

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What does SYRE do? 

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We have been in your position. Trying to find passive incomes that we can sign up to. We have signed up to many and made a lot of losses through various trial and error. Fast forward a couple of years, we found the right opportunities and developed our own, and here we are, SYRE. 

We simply share these opportunities with you. Virtually everything the CEO invests in is shared with our members so they can invest in the same opportunities that the CEO invests in and earn just like he does. 

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Passive Income Ideas

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Dropshipping is a great way to earn an income with minimal effort. Dropshipping is where you take orders online via your own e-commerce website and forward these orders to the the wholesaler. The wholesaler will usually ship the project to the customer on your behalf and the order is complete. 

The way you profit from this is by marking the price of the product slightly up on your website. For example, if the wholesaler sells the product for £50, you can sell it for £100. That would be a £50 profit. Make just one sale per day and that’s just over £1500 per month as a passive income. 

You’ll need to understand how to make sales online, so it is important to learn Digital Marketing to accomplish Dropshipping.  

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If you’re savvy with Digital Marketing you will understand how to generate traffic to your site. Traffic, has value and some online entities are willing to pay for that value if it means extra exposure to their website. This is where affiliate marketing comes in to play.

Let’s say you have a website that generates 1000 new users each month, and these users are looking for help regarding a particular service, let’s say plumbing. Your website compares all of the great plumbers in their area, of which, you have an affiliate marketing agreement. This agreement entitles you to 50% of an initial deposit. Out of these 1000 users, 2% (20) of them submit an enquiry every month and pay a £50 deposit to have the plumber come and visit them. You pocket 50% of that deposit (25) meaning you’re now earning a passive £500 per month.

Now amplify these amounts, and let’s say you have 50,000 monthly users, and the same deals with plumbers, electricians, cleaners etc… Using the same figures you’d be earning £25,000 by barely lifting a finger. Also, if you stick with it long enough, 50,000 monthly users is completely achievable if you’re a capable digital marketer and can leverage SEO, PPC, and Social Media Marketing correctly.

[/et_pb_blurb][et_pb_blurb title=”Forex Softwares” icon_placement=”left” image_icon_width=”80px” content_max_width=”100%” _builder_version=”4.20.4″ header_font=”Montserrat|700||on|||||” header_font_size=”14px” header_letter_spacing=”2px” header_line_height=”1.4em” body_font_size=”16px” background_layout=”dark” body_font_size_tablet=”15px” body_font_size_phone=”14px” body_font_size_last_edited=”on|phone” border_radii_image=”on|200px|200px|200px|200px” image_max_width=”80px” global_colors_info=”{}”]

Forex is a frowned upon industry due to so many scammers, but there are some good eggs out there. There are softwares that can trade the Forex markets completely hands free, and produce regular, stable profits. Simply by investing into these softwares you can instantly generate a passive income.

In fact, our very own software produces on average 4-5% monthly profit. It might not sound that exciting, especially if you only have a couple of thousand worth investing, but the income is virtually completely passive, and 4% per month can really rack up if you leave it for a few years. Check out the power of compounding interest if you don’t believe it! 

We would personally advise that you stay cautious about any software promoting over 13% gains month on month, but if you’re smart with your money, due diligence and your expectations you’ll find that you can generate a passive income within a few days with Forex trading.

Bare in mind, Forex is a high risk investment, you can lose money in the Forex industry, so be very careful and don’t invest more than you’re willing to lose.  

[/et_pb_blurb][et_pb_blurb title=”Property Investment” icon_placement=”left” image_icon_width=”80px” content_max_width=”100%” _builder_version=”4.20.4″ header_font=”Montserrat|700||on|||||” header_font_size=”14px” header_letter_spacing=”2px” header_line_height=”1.4em” body_font_size=”16px” background_layout=”dark” body_font_size_tablet=”15px” body_font_size_phone=”14px” body_font_size_last_edited=”on|phone” border_radii_image=”on|200px|200px|200px|200px” image_max_width=”80px” global_colors_info=”{}”]

Investing in property is a great way to earn a passive income. Not only does the value of property tend to increase over time, but also you can earn monthly rental income from properties. 

With the right investment strategy, you’ll find that you’re able to invest in property with little capital. In fact, we offer our very own property investment fund. Where you can invest as little as $500. You’ll then own a portion of a real property and your share of the monthly rental of the property and the profits that may result from a sale. Also, we fully manage the property for you. 

Generally speaking, property is a great way to earn a passive income. There’s not many investments out there that can increase in value at the rate property does whilst generating a monthly income. 

[/et_pb_blurb][et_pb_blurb title=”Private Equity” icon_placement=”left” image_icon_width=”80px” content_max_width=”100%” _builder_version=”4.20.4″ header_font=”Montserrat|700||on|||||” header_font_size=”14px” header_letter_spacing=”2px” header_line_height=”1.4em” body_font_size=”16px” background_layout=”dark” body_font_size_tablet=”15px” body_font_size_phone=”14px” body_font_size_last_edited=”on|phone” border_radii_image=”on|200px|200px|200px|200px” image_max_width=”80px” global_colors_info=”{}”]

Private equity is where you purchase companies in private deals that are already generating a cash flow. Once done, you can choose to restructure the company as you see fit or just grow it, live off the profits, or flip it for a higher sale value. 

There are plenty of websites that advertise companies for sale, but SYRE offers its very own service that vets the best deals, and manages the transition, and the growth of the company itself. We also run it like a fund, so you can invest with as little as $500 into a portion of the deals. In other words, you can own some of the shares in these deals. 

Generally speaking, it is hard to find private equity funds like ours, but they’re probably out there. 

Private equity is a great way to diversify your investment portfolio and it can be extremely lucrative in the long run. Purchasing a company and growing it to a profitable level can result in a full-time income in itself through dividend payouts.  

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Investing is a great way to store your savings. Naturally, you can lose your investments, but there are plenty of safer investment funds out there that can give steady growth. There are a few points that we have learned about investing that we think you should know: 

1. A lot of smart, rich people agree that you should hold a majority of your savings in investments. A safe rule that has been agreed upon is to hold 6 month worth of your bills in readily available bank funds, and the rest in investments. 

2. The general market usually fails to beat the S&P. The S&P is usually a safe investment. 

3. You should be willing to hold your investments for years. It is classed as a passive income as if you make profit you will usually have done so with minimal effort, but generally look to invest with the idea of holding the positions for at least 10 years. 

We would recommend you read ‘The Intelligent Investor’ by Benjamin Graham to understand investor philosophy, but do not invest into safer investments with the idea of pulling your funds within months or a small amount of years. Even safer investments can fall if you zoom in, the idea is they will average a good profit over years of patience. 

Please don’t take this as investment advice, if you’re serious about investing capital then we would advise seeking qualified advice. 

 

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Why use SYRE?

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SYRE is a free members club that posts passive income investment opportunities on Discord. You can pick and choose which investment opportunities to invest in, meaning you’re not obliged to join our club and immediately start investing. Feel free to join and get to know the community. 

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To use SYRE simply join our Discord Community and use the relevant channels to find the opportunities that we are currently advocating for.

There is a members lounge that encourages free speech regarding investment opportunities outside of SYRE’s endorsed ones. We advise approaching these with caution as SYRE doesn’t advocate for these. The ones we endorse will be in our own channels that are locked to a ‘Read Only’.  

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By following the investment opportunities that SYRE presents to its members you can be assured that you’re not being scammed. Some members want to find even more opportunities and therefore turn to our members in our channels. We’d like to think that all of our members are not scammers, but in any Discord group you’re going to find someone that has slipped the net, posing as a genuine member. We have a reporting system in place that allows members to report anyone pushing dodgy investments onto our members, and these users tend to be banned from our channels within minutes of being reported. 

We also don’t allow blatant advertising in our channels, but we do encourage members to discuss and share any other opportunities they’re investing in, providing they don’t do this by spamming our members.

 

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Featured

Our Free Passive Income Club Offers

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Forex Trading Opportunities

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Private Equity Opportunities

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Real Estate Investing Opportunities

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Multi-Level Marketing Opportunities

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More Coming Soon…

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about Us

All we do is share our journey and investment opportunities as we receive them. You choose whether to take the opportunities and in doing so you will mimic our success and failures. 

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Upcoming

Cryptocurrency Investments

NFT Investments

Member Benefits & Perks

Member User Area

Member Crypto Debit Cards[/et_pb_text][/et_pb_column][et_pb_column type=”1_4″ _builder_version=”4.16″ global_colors_info=”{}”][et_pb_text disabled_on=”on|on|on” _builder_version=”4.16″ text_line_height=”1.8em” link_text_align=”left” link_text_color=”#ffffff” header_4_font=”Montserrat|700||on|||||” header_4_text_color=”rgba(255,255,255,0.5)” header_4_font_size=”14px” header_4_letter_spacing=”2px” header_4_line_height=”1.4em” background_layout=”dark” max_width=”600px” disabled=”on” locked=”off” global_colors_info=”{}”]

Links

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