The desire to become an income earner has been democratized thanks to the web, and there is no lack of automatic sources of income: selling online training, digital products, financial investments, investment funds … It is quite possible to become an income earner in 4 years, and we give you all the advice to achieve this. We especially encourage people who want to stay free, while receiving passive income from their investments. Besides, you don’t need a lot of capital to start an online business and earn income in 4 years!
The starting capital
To become an annuitant on the classic markets in 4 years, you obviously need to have a starting capital. As for the amount, it will depend on several parameters: your needs, your standard of living, the income you expect to receive. To be more precise, the amount of the annuity received each year is equivalent to 4 or 6% of the capital invested.
In other words, if you want to receive 30,000 euros per year, then the amount of capital invested must be at least 500,000 euros. These are large amounts, which is why we advise you to start with online businesses that do not require a large investment.
Online businesses
With a minimum of investment, it is quite possible to generate automatic income through the web. You just have to sniff out the right opportunities and diversify your sources of income. In particular, you can try the stock market or invest in cryptocurrencies. The monetization of websites can also generate income that can become comfortable.
Dropshipping
Dropshipping is a way like any other to become an income earner in 4 years. The concept is quite simple: you create an e-commerce site or you position yourself on marketplaces, you offer products and you receive automatic income for each sale made. If dropshipping is so attractive, it’s because it doesn’t require a stock management.
For every order placed through your interface, the supplier takes care of the delivery to the final customer. Of course, to succeed in dropshipping, you must select reliable suppliers.
The sale of online training
The sale of online training will also allow you to become an income earner in 4 years. The principle is simple and much less risky than investing in the stock market. However, this type of activity still requires a good strategy to convince prospects. To begin with, you will need to create a relationship of trust, take an interest in your target’s needs and maintain contact over the long term.
To succeed in selling online training, it may be wise to offer free training. It will mainly be a matter of giving an overview of your expertise via free modules or courses.
Real estate, a good idea?
The real estate market is the preferred domain of annuitants. Indeed, it is possible to generate automatic income through real estate investments, but not in 4 years. That’s not enough time to raise the funds to buy an apartment/house that generates enough profit to live on and become an annuitant in 4 years.