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This is passive income for an underutilized asset,” said Kristen Marion, president of Marion PR. Learn More: 4 Ways the Middle Class Can Make an Extra $500 a Week From Home Pinterest Marketing
The good news is that if you want to retire earlier than initially anticipated, there are extra income sources that will help you. Discover: How Long $1 Million in Retirement Will Last in Every State
You can make real income from these side-gigs. If you are looking to leave the 9-5 grind learn how from our list of side-gigs with income potential.
Passive income can come in the form of a lump sum payment, like an inheritance or proceeds from the sale of an asset such as a home or stock. [2] It can also be paid out over time, though not necessarily at a regular amount. Some passive incomes may last for several years, or even centuries, across generations.
Micro businesses in the Philippines can be defined according to the size of assets, size of equity capital, and number of employees. A typical micro business is a business that employs nine people or fewer, with assets of ₱3 million and below. In the Philippines, about 90 percent of all businesses are categorized as micro businesses.
With the Philippines being the 39th largest economy in the world, the country continues to be a promising prospect for the BPO Industry. In August 2014, the Philippines hit an all-time high for employment in the BPO industry. From 101,000 workers in 2004, the labor force in the industry grew to over 930,000 in just the first quarter of 2014. [7]
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