Armchair Income System.pdf

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Legal Disclaimer… 
The information contained within this publication is strictly for educational purposes. If you wish to apply ideas contained in 
this publication, you agree to take full responsibility for your actions. 
The author has made every effort to ensure the accuracy of the information within this book was correct at time of publication. 
The author does not assume and hereby disclaims any liability to any party for any loss, damage, or disruption caused by errors 
or omissions, whether such errors or omissions result from accident, negligence, or any other cause.
 
 
 
 
Armchair Income System 
Perfect For Newbies 
 
Introduction 
 
There are a number of reasons why intelligent people like you have chosen to 
pursue the idea of making money online. 
 
Some of you are just looking for a ‘side hustle’ that you can run in parallel with 
your job. You want to spend a few hours per week online to make enough 
money to cover the monthly payments on a luxury car. You dream of making 
enough cash in your spare time to take your family on an extravagant 
vacation each year. 
 
Others are looking to make it big. You realise that countless people have 
become self-made millionaires online and you want to join the club.​
You 
picture yourself driving a Rolls Royce or Lamborghini.
You have dreams of 
​
drinking bottles of Moet while flying private jets. 
 
The majority are somewhere in the middle. You would like to replace the 
income from your job, while benefiting from the freedom of being your own 
boss. You dream of having the freedom to work the hours you choose. You 
dream of having more time with your loved ones. The dream of having the 
freedom to stay at home, travel, shop, exercise or do whatever you wish on 
your own terms. 
 
Whatever your motive,
whatever your dreams, it’s a very real possibility 
​
you can achieve them. 
 
However, there are no guarantees. 
 
In order to succeed, you need the right gameplan, the right mindset and the 
right tools. In this short report, I’m going to explain exactly why so many 
people fail to make money online and how you can ensure you are one of the 
minority who succeed. 
 
Without further ado, let’s get into it. 
 
Active vs Passive Income 
 
I’ve read numerous studies to establish the percentage of people who 
succeed when trying to make money online. Results vary from study to study, 
but all studies state that ​90-96% of people fail​ when trying to make money 
online. 
 
That means that in the best case scenario, only 10% of people succeed. 
 
In order to join that elusive ‘​
10% Club​
’ you first need to understand why so 
many people fail and what you need to do differently in order to succeed.  
 
So why do so many people fail?  
 
Well, there are numerous reasons. To examine them, we need to think about 
what drives people to make money online in the first place. 
 
There are 2 different types of online income streams, active income and 
passive income. 
 
Active income refers to doing something in order to get paid. In other words, 
trading your time for money. Freelance tasks such as article writing or web 
development are examples of active income streams.  
 
Passive income on the other hand, refers to making money with very little 
work or effort. Affiliate marketing with review videos is an example of a 
passive income stream, because after the video is recorded and uploaded, it 
can continue to make money forever. 
 
As I mentioned in the introduction, the majority of people looking to make 
money online are doing so to create a better lifestyle for themselves. Sure, 
making a lot of money would be a bonus, but the majority are looking to 
establish a better work life balance. 
 
If you’re one of them, this means you desire ​
passive income. 
 
 
5 Reasons Why People Fail 
 
If you want to make active income online and have a high income skill like 
copywriting, software development, web design, illustration or otherwise; it’s 
a relatively simple process to find work online through freelance sites, 
Facebook groups, forums and the like. 
 
However, active income isn’t going to give you the lifestyle you want. 
 
You see, trading time for money has little advantage over working a 
traditional job. In fact, it could be argued that having a job is actually better, 
due to the perks it comes with. (Job security, sick pay and the like). 
 
The freedom that you desire comes with passive income... 
 
So why do so many people fail with setting up passive income streams? 
 
Fail Reason #1 
You bought a product that didn’t work 
 
This is common and it’s not your fault. 
 
The truth is, there are a lot of products and courses out there that simply do 
not work. There are some that do not make sense, so it’s impossible for you to 
connect the pieces of the jigsaw. There are others that are outdated. There 

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