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Design a passive income stream from "summary" of The 4-Hour Work Week by Timothy Ferriss
Creating a passive income stream is about setting up a system that generates income with little to no ongoing effort. This allows you to earn money while you focus on other aspects of your life or work. To design a passive income stream, you need to identify a product or service that can be automated or outsourced. This could be an ebook, online course, software, or any other digital product that can be sold repeatedly without much additional work on your part. Once you have chosen a product or service to offer, you need to set up a sales funnel to attract customers and convert them into paying clients. This could i...
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