5 Powerful Work-at-Home Business Ideas for 2017
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5 Powerful Work-at-Home Business Ideas for 2017

How to Start an Online Business and Work from Home with the Top 5 Passive Business Opportunities
4.0 (93 ratings)
Instead of using a simple lifetime average, Udemy calculates a course's star rating by considering a number of different factors such as the number of ratings, the age of ratings, and the likelihood of fraudulent ratings.
3,774 students enrolled
Created by Steve McDonald
Last updated 9/2016
English [Auto-generated]
Current price: $10 Original price: $100 Discount: 90% off
5 hours left at this price!
30-Day Money-Back Guarantee
  • 2 hours on-demand video
  • 11 Articles
  • 1 Supplemental Resource
  • Full lifetime access
  • Access on mobile and TV
  • Certificate of Completion
What Will I Learn?
  • Understand the best ways to use passive income, not just to build wealth, but to increase your quality of life
  • Understand what passive income truly is (and what it is not)
  • Learn 5 different strategies for creating truly passive income
  • How to choose which passive income strategy is best for your style
View Curriculum
  • No prior knowledge needed, just a willingness to learn new ways of thinking about your money and your life

Think of this course as Passive Income - 101

It's a primer on what passive income is, the benefits of passive income, the five best ways to create it, and what passive income is not.

This is not a program for getting rich quick.

Although it will introduce you to five of the best ways to create passive income, this course is more about why creating passive income is so important, how to position yourself to attract it and how to use it to enhance your life.

Having money is great, but how you design your lifestyle to attract and use that money is even more important. That's what this course is about.

It includes:

  • 3 success strategies for creating passive income
  • 3 critical mindsets for attracting passive income
  • 2 dangerous pitfalls on the road to creating passive income
  • 5 top ways to create passive income

It also includes a bonus section with tips on handling success once you achieve it.

I have been studying and experimenting with strategies for creating passive income for over 10 years. In that time I have not only learned about how to actually create passive income. I have also learned how to evaluate the quality of that income.

I have learned that the value that I give back in exchange for that income and the quality of life that income creates for me are as important, if not more important than the income itself.

Whether you are new to the idea of passive income or have been chasing it for years like I did, this course will guide you to a better understanding of how to attract it and how to use it to enhance the quality of your life.

What is the power of passive income?

Click on the Take This Class button at the top of this page and find out today.

Who is the target audience?
  • Anyone who wants to improve their quality of life by creating passive income
Compare to Other Business Idea Generation Courses
Curriculum For This Course
31 Lectures
What is the Power of Passive Income?
6 Lectures 30:16

Why Everyone Should Have Passive Income (That Includes You)

The first thing we'll look at is the answer to this question: Is creating passive income even possible?

Then we'll look at:

What it costs you to not have passive income:


How passive income can benefit you:

Preview 03:49

How to Create and Use Passive Income

In this lecture we'll consider the following topics:

- Passive income is the new retirement account:

- What’s the best way to create passive income?

- How do you use passive income to enhance your life.

It doesn’t take a lot of extra income to make a big difference. And the possibilities are almost endless. That’s why you need to start creating a little bit of passive income today. Then make it grown into a passive income snowball that will begin to change your life in big ways.

Preview 05:03

You can learn from my experience

For over 10 years I have studied different strategies for creating passive income. In that time I have learned which ones have huge potential, which ones are a waste of time, and the pluses and minuses of each of them. I have invested in stocks and mutual funds, purchased rental property, published eBooks, created niche websites, created customizable products like logo mugs for resale and created online educational courses.

In this course I’m going to give you an overview of what I have learned so you can make a better informed decision about how you can start creating passive income for yourself. For all of the reasons above and more, you need to start creating passive income.

What you'll learn in this course:

- 3 success strategies you can start doing today to attract passive income

- 3 critical mindsets for creating passive income

- 2 common pitfalls on the way to creating passive income

-The top 5 ways to create passive income in today’s economy

So, how do you get started? Watch the next lecture and learn 3 success strategies to get you started in the right direction.

Preview 02:03

The hardest part of creating passive income is figuring out where and how to start. This lecture will give you some ideas and inspiration to jump start you into action so you can create the passive income you're dreaming of.

How to Get Started

Finding the time to spend on Passive Income creation can be hard. Here are some ideas for carving time out of a busy schedule.

Finding the Time

At the end of each section there will be a text lecture like this that has the entire script of the lectures in the section.

This is a great way for you to review the material or reference a segment that you need to further clarify.

Text Summary - What is the Power of Passive Income
Three Success Strategies for Creating Passive Income
4 Lectures 12:54

We all have heard about the importance of written goals and many of us have even tried it with very little results.

But written goals are powerful. Especially when combined with specific numbers and specific dates that are read aloud daily with passion.

In this lecture you'll learn a specific script and process for creating and using goals effectively.

1 - The Power of Writing Down Goals with Specific Dates and Amounts


If you're going to achieve your goals you will need to learn how to be passionate and focused. Notice I use the word learn how to be passionate.

In the first part of this short lecture you'll learn about the importance of cultivating passion.


Focus is critical for achieving any goal. This is why being very specific with your goals is important. This is also why being passionate about what you are doing is important.

Both of these things allow you to focus more strongly on the task at hand which is required to achieve your goal.

In this lecture you'll learn the power of focus and how to use it to reach your goals more quickly.

2 & 3 - The Power of Cultivating Passion and Focus

Passive Income Assignment #1

Text Summary - Three Success Strategies for Creating Passive Income

Let's see what you remember.

Three Success Strategies for Creating Passive Income
3 questions
Three Critical Mindsets for Creating Passive Income
5 Lectures 21:41

Gratitude is an amazing emotion. Gratitude holds the power of making you feel like you're wealthy, like you're happy and like you're loved.

When you're thankful for the things that you have it makes you aware of how much you do have. If you are watching this video, you are wealthy. You have access to valuable information and the careful use of it is worth a fortune.

In this lecture you'll learn how to use gratitude to change your thinking and inject power and happiness into your life.

The Power of Gratitude

In this lecture you'll learn three powerful ways to change your thinking about money to increase your wealth and your quality of life.

1 - Changing Your Relationship with money

2 - Being a Good Coach in the Money Game

3- Choosing to be Financially Free Over Being Rich.

The Power of Changing Your Thinking Toward Money

One of the biggest characteristics of highly successful people is that they do not give up! EVER!

Failure is just a temporary setback and a learning opportunity at that.

Often, failure propels us forward faster than successes.

In this lecture you'll learn how to turn failure into huge success.

The Power of Making Friends with Failure

Passive Income Assignment #2

Text Summary - Three Critical Mindsets
The Top 5 Ways to Create Passive Income
9 Lectures 01:14:42

In this lecture you'll be learning about the first of five top ways to create passive income.

I have started out with the more difficult ways and will save the best ways for last. Still, real estate can be a very effective, truly passive income generator. This lecture will give you the pros and cons of real estate investing and even give you an example scenario of how to create passive income with real estate.

Preview 06:43

In this lecture you'll learn how paper assets like stocks, bonds and mutual funds can be used to create passive income. You'll learn the pros and cons of investing in paper assets and see some numbers for how this scenario could work.

#2 - Investing in Paper Assets

This is where things start getting exciting. These last three are my favorite ways of creating passive income.

Technically, extreme savings doesn't directly create passive income, but it can be such a great strategy to employ either directly to create passive income in the future or it can be used with one of the other strategies in this section to drastically increase the amount of passive income you can create.

#3 - Extreme Saving

Building websites is an incredible low-risk way to get passive income flowing into your life. You don't need to be a computer programmer but there are some things to learn along the ways.

In this lecture you'll learn the pros and cons of website creation and how to avoid the pitfall of turning your website into a job.

#4 - Building Websites

Kindle eBooks are my favorite way to create passive income! They are super low-risk and it's easy to learn how to create them.

In this lecture you'll learn the pros and cons of Kindle eBook creation as well as a complete overview of how to create a steady stream of passive income with Kindle eBooks.

#5 - Publishing Kindle Books

Udemy has recently passed up Kindle Publishing as my new favorite way to create passive income online. I LOVE teaching on Udemy. It's fun, fulfilling and the income potential is huge!

The market for e-learning is growing rapidly too, so it's a great time to make money teaching online.

#6 - Teaching on Udemy - My New Favorite (added 1/26/16)

Added 2/26/15

Thanks to the great suggestion from Kimberly I've included a downloadable list of passive income ideas. This list is designed to get you thinking about new possibilities for creating passive income. I'll add to the list as I come across new ideas. If you have other ideas you can add them to the discussions and I'll add the best of them to this list.

Big List of Other Passive Income Ideas
2 pages

Passive Income Assignment #3

Text Summary - The Top 5 Ways to Create Passive Income

Let's see what you remember from this section

The Top 5 Ways to Create Passive Income
4 questions
Two Dangerous Pitfalls on the Way to Success
4 Lectures 12:38

The good is often the enemy of the best.

Distractions can be your worst enemy. In this lecture we will look at some of the most dangerous distractions and how you avoid them.

The Danger of Distractions

When creating passive income it is critical to be able to distinguish between active income and passive income.

How do you know if it is truly passive?

Here are two simple tests for any business or investment you might consider to see if it is truly passive:

Test 1 - It is truly passive income if you can forget about it completely for 6 months and it will keep earning you income, and maybe even grow in income, while you’re gone.

Test 2 - It is truly passive income if you can create more and more of whatever it is without becoming busier and busier.

The Danger of Confusing ACTIVE Income with PASSIVE Income

Passive Income Assignment #4

Text Summary - Two Pitfalls on the Way to Success
Bonus Material
3 Lectures 04:58
How to Handle Your Newfound Success

Conclusion and Thank You

Bonus - Discounts to My Other Courses
About the Instructor
Steve McDonald
4.4 Average rating
3,975 Reviews
48,226 Students
16 Courses
Dedicated Instructor Will Show You How | 47,000+ Students

Learning is easier if you are given the right tools and instruction. In every one of my courses I take you step-by-step through the tools and knowledge you need to accomplish your goals.

My talent is taking complex subjects (like Excel) and making them simple to learn. I wasn't always good at technology. There was a time when I didn't even know how to correctly turn a computer on and off. But over the past 20 years I've dedicated countless hours to learning about technology. Now I'm proud to call myself a self-taught technology geek. 

The benefit to you is that I'm a geek who still speaks the language of normal human beings. I will never use a word that you aren't familiar with, without showing you what it means and how to use it to your benefit.

I understand how frustrating it can be when the instructor goes too fast or leaves out critical steps in the learning process. That's why I make sure to clearly demonstrate each step for you visually, so you can follow along starting from the very beginning and going along until you've reached mastery.

I am here to guide you on your way to success. You can contact me at any step of the way for assistance. Let me know when you're struggling with a concept and I'll get right back to you to keep you moving in the right direction.

I'm always happy to help.

I believe in you, and I'm here to support you in your learning process.

Are you ready to take your skills to the next level? It all starts with knowledge, and my courses make that part easy.

Sign up for a course today and I'll help you reach the level of success you deserve. 

I'll see you in there!