
This article is all about generating passive income. A recurring revenue model is the business model to generate passive income without doing any hard work.
There is a lot of difference between entrepreneurs and professionals.
Professionals earn only when they work but an entrepreneur can generate passive income even by enjoying over the beach.
Chartered accountant, lawyer, and a doctor can gain income only when they offer services to the people.
However, a businessman creates a unique business method to generate a recurring revenue model or passive income.

Every competitive advantage has a limited life span therefore there should be a sustainability advantage in the business.
The continuity relationship between the service provider and customer offers a sustainability advantage in the business.
Paytm, Ola, Jio, LIC, etc. are all instances of recurring revenue model business.
An entrepreneur always focuses on generating passive income or recurring revenue model with the use of a unique business strategy.
See You in the Next Blog, Bye
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