Update on Master of Passive Income - February 2009
Jay Abraham and Rich Schefren have announced the Master of Passive Income program is back after it was first launched in 2007.
You can sign up to hear the free teleseminar at
Master of Passive Income - compensated affiliate link.
The Abraham Group gave me access to the Master of Passive Income program as an unexpected reward for promoting Jay Abraham. I have not worked through it yet but if you read this blog, you will know I rate Jay Abraham extremely highly.
Below is the blog I originally wrote in 2007 to promote Master of Passive Income in my very early days of affiliate marketing.
Would you like to hear what Jay Abraham has to say about building passive income in a two hour re-broadcast of what he shared at Harv Eker's "Never Work Again" conference (for which he was paid over $500,000)?
Most people have always wanted to build up a stream of passive income but only a few succeed.
Who wouldn't like the idea of working once to generate a stream of ongoing revenue?
But it's not easy to do.
You need to know the secrets to creating the passive income and the protecting your ongoing payments.
You need a guide who's done it many times before and built a large fortune on the back of that knowledge.
That man is Jay Abraham - The Master Of Passive Income!
Now you may have heard that Jay Abraham is the most expensive marketing consultant in the world.
You may also have heard that he charges $5,000 per hour (or up to $25,000 to attend one of his courses) two hours of solid advice from this world renowned master marketing guru on how to build passive income for FREE.
Not one pound, dollar or euro!
The calls are scheduled to be re-broadcast three times - 19, 20th and 21st of November 2007.
This is your chance to hear Jay Abraham talk about how you too can become a master of passive income.
Do you want to take up the challenge and be mentored by Jay Abraham to become a master of passive income?
If you book on to a call, please come back to my blog and post a review.
Update - 3 December 2007
Unfortunately Jay has closed his Master of Passive Income recruitment for his mentoring program but hopefully it will return.
What Jay Abraham Means By Being A Master Of Passive Income
There may be some confusion as other "gurus" teach passive income based on property investments - and who has much confidence in the property market these days - and internet marketing techniques like affiliate marketing.
Jay Abraham's approach to passive income was different from many other people's.
Jay has made his reputation from putting together deals and taking a share of the profits from being in what he calls the "toll booth" position.
This idea for being a master of passive income is about being clever, of spotting overlooked opportunities between those who want and those who have but don't have a fast and efficient way of coming together.
If you think about it, recruitment agencies sit in this toll booth position. The employees want a new job, the employers want a new recruit and the recruitment agency is the connector in the middle, creaming 15% to 30% of first year's salary as a fee.
Who does most of the work? The employee and employer while the recruitment agency receives income that may require some effort, most of it is focused on relationship building. That's a master of passive income in Jay Abraham's terms.
Obviously the recruitment opportunity is filled but Jay will teach the skills needed to spot other opportunities and to broker the deals.
While this focus on passive income is new, many of the techniques Jay uses have been in his repertoire for many years and are therefore covered in his earlier material.
Master of Passive Income - affiliate link
Other Jay Abraham Resources
I recommend that you take a look at my review of Jay Abraham's Mr X book. This is a premium product but the content is excellent.
Don't miss the opportunity to download a free 35 page Jay Abraham PDF called the Windfall Profits Paradox