Powerful ideas from top nonfiction
Try Blinkist to get the key ideas from 7,500+ bestselling nonfiction titles and podcasts. Listen or read in just 15 minutes.
Start your free trial
Blink 3 of 8 - The 5 AM Club
by Robin Sharma
Passive Income Freedom: 23 Passive Income Blueprints summary
Brief summary
Passive Income Freedom: 23 Passive Income Blueprints by Gundi Gabrielle provides a comprehensive guide to creating multiple streams of passive income. It offers practical strategies and actionable steps to build long-term wealth.
Table of Contents
Passive Income Freedom: 23 Passive Income Blueprints
Summary of key ideas
Exploring the World of Passive Income
In Passive Income Freedom: 23 Passive Income Blueprints by Gundi Gabrielle, we embark on a journey to explore the world of passive income. The book begins by debunking the myth that passive income is a get-rich-quick scheme, emphasizing that it requires hard work and dedication. Gabrielle then introduces us to the concept of passive income, explaining that it is money earned with minimal effort and time investment.
Next, the author delves into the various types of passive income, including rental income, dividend income, and royalties. She provides a comprehensive overview of each income stream, highlighting the pros and cons of each. Gabrielle also emphasizes the importance of diversifying passive income sources to mitigate risk and ensure a steady cash flow.
Blueprints for Passive Income
After laying the groundwork, Passive Income Freedom presents 23 passive income blueprints, each offering a unique approach to generating passive income. These blueprints cover a wide range of strategies, from creating and selling digital products to investing in real estate and stocks. Gabrielle provides step-by-step instructions for each blueprint, making them accessible to readers with varying levels of expertise.
One of the blueprints focuses on creating and selling e-books, while another explores the world of print-on-demand products. Gabrielle also discusses the potential of affiliate marketing, online courses, and YouTube channels as sources of passive income. Additionally, she introduces us to the concept of peer-to-peer lending and the potential returns it offers.
Real Estate and Stock Investments
In the middle section of the book, Passive Income Freedom delves deeper into real estate and stock investments as lucrative sources of passive income. Gabrielle provides a comprehensive guide to investing in rental properties, emphasizing the importance of location, property management, and market research. She also discusses the potential of real estate crowdfunding as an alternative investment option.
When it comes to stock investments, the author introduces us to dividend stocks and index funds as reliable sources of passive income. She explains the concept of dividend investing and provides tips for selecting high-quality dividend-paying stocks. Gabrielle also discusses the benefits of investing in index funds, highlighting their low fees and broad market exposure.
Building a Passive Income Portfolio
In the latter part of the book, Passive Income Freedom focuses on building a diversified passive income portfolio. Gabrielle emphasizes the importance of setting clear financial goals and developing a long-term investment strategy. She also provides practical advice on managing and growing passive income streams over time.
As the book draws to a close, Gabrielle encourages readers to take action and start their passive income journey. She emphasizes the power of compounding and the potential of passive income to create financial freedom. In conclusion, Passive Income Freedom serves as a comprehensive guide for anyone looking to escape the rat race and achieve financial independence through passive income.
How do we create content on this page?
More knowledge in less time
Read or listen
Get the key ideas from nonfiction bestsellers in minutes, not hours.
Find your next read
Get book lists curated by experts and personalized recommendations.
Shortcasts New
We’ve teamed up with podcast creators to bring you key insights from podcasts.
What is Passive Income Freedom: 23 Passive Income Blueprints about?
Passive Income Freedom: 23 Passive Income Blueprints by Gundi Gabrielle provides a comprehensive guide to creating multiple streams of passive income. From affiliate marketing to creating digital products, this book offers practical strategies and step-by-step blueprints to help you achieve financial freedom and live life on your own terms.
Passive Income Freedom: 23 Passive Income Blueprints Review
Passive Income Freedom: 23 Passive Income Blueprints by Gundi Gabrielle (2019) is a valuable resource for anyone looking to generate passive income streams. Here's why this book is worth reading:
- Offers 23 practical blueprints that provide step-by-step guidance on different ways to create passive income, ensuring a variety of options for readers.
- Presents real-life examples and case studies to illustrate each blueprint, making it easier for readers to understand and implement the strategies.
- Provides up-to-date information on the income potential and feasibility of each blueprint, ensuring readers have the most relevant and accurate knowledge.
Who should read Passive Income Freedom: 23 Passive Income Blueprints?
- Budding entrepreneurs looking for passive income ideas
- People who want to achieve financial independence and free up their time
- Individuals seeking to diversify their income streams and create long-term wealth
Categories with Passive Income Freedom: 23 Passive Income Blueprints
Book summaries like Passive Income Freedom: 23 Passive Income Blueprints
People ❤️ Blinkist
Sven O.
It's highly addictive to get core insights on personally relevant topics without repetition or triviality. Added to that the apps ability to suggest kindred interests opens up a foundation of knowledge.
Thi Viet Quynh N.
Great app. Good selection of book summaries you can read or listen to while commuting. Instead of scrolling through your social media news feed, this is a much better way to spend your spare time in my opinion.
Jonathan A.
Life changing. The concept of being able to grasp a book's main point in such a short time truly opens multiple opportunities to grow every area of your life at a faster rate.
Renee D.
Great app. Addicting. Perfect for wait times, morning coffee, evening before bed. Extremely well written, thorough, easy to use.
People also liked these summaries
4.7 Stars
Average ratings on iOS and Google Play
35 Million
Downloads on all platforms
10+ years
Experience igniting personal growth
Passive Income Freedom: 23 Passive Income Blueprints FAQs
What is the main message of Passive Income Freedom: 23 Passive Income Blueprints?
The main message of Passive Income Freedom: 23 Passive Income Blueprints is how to create multiple streams of passive income for financial freedom.
How long does it take to read Passive Income Freedom: 23 Passive Income Blueprints?
The reading time for Passive Income Freedom: 23 Passive Income Blueprints varies, but it typically takes several hours. The Blinkist summary can be read in just 15 minutes.
Is Passive Income Freedom: 23 Passive Income Blueprints a good book? Is it worth reading?
Passive Income Freedom: 23 Passive Income Blueprints is a valuable read for anyone looking to generate passive income. It provides 23 blueprints and practical guidance for achieving financial freedom.
Who is the author of Passive Income Freedom: 23 Passive Income Blueprints?
The author of Passive Income Freedom: 23 Passive Income Blueprints is Gundi Gabrielle.
What to read after Passive Income Freedom: 23 Passive Income Blueprints?
If you're wondering what to read next after Passive Income Freedom: 23 Passive Income Blueprints, here are some recommendations we suggest:
- Basic Economics by Thomas Sowell
- The Ascent of Money by Niall Ferguson
- Think and Grow Rich by Napoleon Hill
- The 4-Hour Workweek by Tim Ferriss
- Rich Dad, Poor Dad by Robert T. Kiyosaki
- Secrets of the Millionaire Mind by T. Harv Eker
- The Richest Man in Babylon by George S. Clason
- Business Adventures by John Brooks
- The Most Important Thing by Howard Marks
- More Money Than God by Sebastian Mallaby
Featured Titles
- 1776
- AMC Guide to Outdoor Leadership
- An Attempt To Repair America's Broken Credit System
- By the Time You Read This, I'll Be Dead
- Corporate Financial Distress, Restructuring, and Bankruptcy
- Dual Momentum Investing
- Energy and Civilization
- Enterprise Risk Management
- Equity Asset Valuation
- Essential Mathematics for Market Risk Management