Brilliant entrepreneurs build a business that can outgrow them. It will scale and continue to grow even when they've stop working on it. This is how they're making investors come knocking rather than the other way around.

1. HowToBuildAPassive-
IncomeBusinessModel
Build a business that allows you to earn a
growing income while sleeping and beyond.

2. Whyitisimportant?
Brilliant entrepreneurs build a business that can
outgrow them. It will scale and continue to grow even
when they've stop working on it. This is how they're
making investors come knocking rather than the other
way around.

3. 10criteria to embed into your
passive-income business
model.

4. Doitonline
One of the best ways to contain costs, expenses
while building a passive-income business model is by
doing it online. Observe how those global brands out
there are doing it. You'll see a pattern there.

5. Doitonce,earnregularly
The last thing you want is to keep hunting for
projects forever. It's tiring. The business model
should be smarter than others. Create products
one-time, but earn from them regularly.

6. Stopsellingtimeformoney
When you have millions of customers, you still have
a lot of time for yourself and your love ones, and do
things you love. There's a way, think.

7. Leverage
Just take a look at how those global platforms are
doing it. They bridge millions of buyers with
millions of service providers or product owners in
one place. In other words, they truly leverage the
crowd for their gain.

8. Staylean
Your internal team do not grow in parallel or faster
than the business growth. Stay lean is crucial if you
wish to contain expenses and be profitable.

9. Global-bound
Why play local when you can go global? Just
identify a gap that is universal enough for your
products or services to fill.

10. Buildacommunity,oracult
Community equals paid customers. The bigger your
community is, the more paid customers you're
going to get. The hardest part is to build this group
of people who truly believe in your value.

11. Earninmultiplecurrencies
Find customers globally. This is how you can create
a balance, sustainable and predictable revenue.

12. Govolume
When you decided to go volume, or play a volume
game, your pricing strategy needs to be low. Pricing
democratisation will spark better conversions.

13. Focusonprofitability
Do not focus on just revenue. Your business model
must focus on profitability too. And stay away from
spending too much time on valuation either.