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Course Overview
Embark on a transformative learning journey with the UK’s most innovative home study provider, offering courses designed to unlock your true potential and facilitate the career change you desire. Access our distance learning courses directly from anywhere, anytime, and acquire industry-recognised Professional Qualifications essential for advancing in your career.
Specifically, explore the flexible and convenient Passive Income Masterclass: Build Financial Security course, an ideal way to gain a diploma qualification. Whether you aim for further education, improved job prospects, or expanded knowledge, this comprehensive course allows you to prepare thoroughly for exams or careers through home study. Plus, it’s structured to be accessible and beneficial even if you have no prior knowledge in Passive Income Masterclass: Build Financial Security.
The course on Passive Income Masterclass stands as a cornerstone in financial education, offering individuals an invaluable opportunity to understand and harness the power of passive income in wealth creation. In the contemporary landscape where personal income is a pivotal tool for generating wealth, the pursuit of additional income without exhaustive effort becomes a compelling proposition. The course recognises that active participation in generating income is essential, and it strategically guides individuals on developing avenues for passive income.
One of the paramount advantages of passive income lies in its potential to expand the wealth-building base, providing a viable route to early retirement. The course comprehensively explores the multifaceted benefits of passive income, serving as a backup plan in case of job loss and offering an alternative for retirees concerned about outliving their retirement plans. By delving into these nuances, the course empowers participants to make informed decisions, transforming passive income from a financial aspiration into a tangible and achievable goal.
While dispelling the notion of overnight riches, the course aptly communicates that steady and gainful passive income opportunities can accumulate wealth over time. It demystifies the earning potential, illustrating that passive income streams, whether through investing or real estate, can yield substantial returns based on the chosen income stream. The emphasis is on practicality, grounding expectations while fostering an understanding of the sustainable financial growth achievable through strategic passive income endeavours.
Course Key Topics
the Passive Income Masterclass: Build Financial Security course is divided into 8 modules.
1 . Introduction
- Introduction
- Downloadable Resource
2 . What Are Recurring Income Streams
- Introduction
- What Is the Recurring Revenue Model?
- What Should You Sell to Make the Recurring Revenue Model Work?
- The Importance of Recurring Revenue in a Thriving Business
- Reasons Fortune 500 Companies Are Moving to Recurring Revenue Models
- How Recurring Revenue Increases Business Value
3 . What is Residual Income
- Introduction
- What Is Residual Income and Why Do You Want It
- What is Residual Income & Why is it Important for Building Wealth
- Reasons Why Passive Income Is Important
- How Does Residual Revenue Work?
- Why Residual Income is Important for Financial Independence
4 . Types of Recurring Income
- Introduction
- Hard Contracts
- Auto Renewal Subscriptions
- Build a Membership Program for Your Business
- Become an Affiliate for Other Companies Products
- Combine Online Membership and Physical Product Delivery
5 . Types of Residual Income
- Introduction
- Consider Investing
- Write a Book or E-Book
- Build an Online Course
- Create an App
- Launch a Podcast
6 . Relationship Between Recurring, Residual. and Passive Income
- Introduction
- How They’re Similar and also Different
- What is Passive Income and Its Relationship to Passive and Residual Income
- Examples of Passive Income
- The Truth About Active Income vs Passive Income
- Active Income Becomes Passive Income
7 . Building Wealth Strategies
- Introduction
- Effective Wealth Building Strategies Used by Personal Finance Pros
- Develop A Wealthy Mindset
- Strategies for Building Wealth
- Strategies to Build Wealth Fast
- How to Begin to Build Wealth
8 . Conclusion
- Conclusion
(Please click on the curriculum tab above to see a detailed view of each module)
Tutor Support
Our Passive Income Masterclass: Build Financial Security course is designed to provide you with comprehensive materials to guide you through your learning journey. You’ll have the support of your own personal tutor, who will be there to assist you with your coursework and answer any questions you may have. Furthermore, our Student Advisors are always available to provide you with practical advice and guidance via the online portal, email or phone, ensuring that you’re fully supported throughout your studies.
Course Assessments
The Passive Income Masterclass: Build Financial Security course at Open Learning College is designed to provide a comprehensive and flexible learning experience. Unlike traditional exam-based courses, our course is marked through a process of continuous assessment, which is guided by your personal tutor and is an un-regulated course awarded by the Open Learning College via the Open Pathway Accreditation programme (OPA.dip).
This means that you won’t have to worry about memorising information for a final exam. Instead, you will have the opportunity to learn at your own pace and apply your knowledge through practical assignments and quizzes at the end of each module. Our online platform allows you to access the course from anywhere and at any time.
Once your assignments have been verified and assessed, you will be awarded a certificate of achievement from Open Learning College. This certificate confirms that you have met all of the learning outcomes and assessment criteria for the Passive Income Masterclass: Build Financial Security course, and demonstrates your competency and knowledge in this field. With this qualification, you can advance your career or pursue further studies in the field of Passive Income.
Course Duration
We recommend you spend approximately 3 hours of your time studying for Passive Income Masterclass: Build Financial Security course. The pace of study is completely up to you.
Get started today, and you can earn your Open Pathway Accreditation Diploma (OPA.dip) in Passive Income Masterclass: Build Financial Security.
Course Entry Requirements
At Open Learning College, we firmly believe that education should be accessible to everyone, regardless of their background or previous education experience. That’s why we’ve designed our Passive Income Masterclass: Build Financial Security course to be open to anyone who is interested in learning more about this fascinating subject, without any prior knowledge or experience required.
We want to give everyone the opportunity to expand their knowledge and take part in a highly rewarding online course, which is why we keep our entry requirements to a minimum. This means that you can start the course at any time and study at your own pace for up to 12 months from the date of initial registration, with the full support of a personal tutor.
Course Enrolment Fees
We want to make sure that you get the best value for your money, which is why we have included the registration fee, certification fee, and full tutor support in the course price. Enrolling in the Passive Income Masterclass: Build Financial Security course would usually cost £123.75, but for a limited time, you can get a 20% discount and pay only £99 if you enrol online and pay in full.
Note: Instalment plans are not available to our international students.
Course Qualifications
This course is certified by the Open Learning College via the Open Pathway Accreditation Programme.
You will receive the Open Pathway Accreditation Diploma (OPA.dip) from Open Learning College.
What’s Included
Your course fee covers everything you will need to successfully complete the Passive Income Masterclass: Build Financial Security online study course and earn your qualification:
A full range of student services, including:
- All textbooks, study folders, and/or online learning aids designed for online learning
- Life-time access to the online student portal Xperience™ (Student Chat, Forums and Online Support Resources)
- Comprehensive Study Guide & Study Plan
- PDF certificate to show employers (employer has access to certificate validation)
- Life-time access to Career Hub our dedicated portal to support our students career aspirations.
- Invitation to job fairs and career days for your business faculty.
- A diploma from the Open Learning College from our Open Pathway Accreditation programme (OPA.dip).
- One year’s educational support by a specialist tutor in your chosen course field.
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Course Content
Passive Income Masterclass: Build Financial Security – FREE Course Starter Pack
Module 1 – Introduction
Module 2 – What Are Recurring Income Streams
Module 3 – What is Residual Income
Module 4 – Types of Recurring Income
Module 5 – Types of Residual Income
Module 6 – Relationship Between Recurring, Residual. and Passive Income
Module 7 – Building Wealth Strategies
Module 8 – Conclusion
Course Resources
Final Exam
College Announcements
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🌟 Why Choose Our Passive Income Masterclass
Presented by Open Learning College, this course is designed for those eager to unlock the secrets of creating sustainable passive income. Explore modules covering various passive income sources, investment strategies, and financial planning for long-term security.
💡 What Makes Our Course Shine
Expert Guidance: Benefit from experienced tutors providing support throughout your learning journey.
Practical Insights: Gain valuable insights into building and managing passive income streams.
Flexible Learning: Tailor your studies to your schedule with 24/7 access to course materials.
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*This discount code cannot be used in conjunction with any other offer.
James Reynolds