sâmbătă, 22 iunie 2019

Creating Passive Income

Personal growth is like everything else, it takes time and dedication. This time can be hard to come by working 12 hours a day. So I wanted to take this opportunity to talk to you about what you are doing versus what you could be doing. Right now you are probably working your tail off trying to support yourself and your family. Going to that 8-7 job can be a huge grind on you and your loved ones. Have you ever stopped to ask yourself why you put yourself through that? I bet when you do ask yourself that the next question your inner self asks is "what else can I do?"

Well, you could keep grinding yourself down year after year, you keep going to the same job day after day, doing the same thing hour after hour and then start the process over again. Or, you could go a different route and that route is creating passive or strings of income. Supporting yourself doing the things you love isn't as hard as you might think.


Let me first explain a passive income. Imagine if you will a thread and the thread is over a bottle. We can fill up the bottle by letting water drip down that thread into the bottle one drip at a time. It is a very slow process but looking at the positive side, we are indeed making some progress. But, what if we added another thread and did the same thing? Now we have two strings and we are adding twice as much water as we were before. So to get the bottle filled up we just need to keep adding more and more strings until we have a nice flow. That is strings of passive income and great financial opportunity.

Don't get me wrong, we have to have little worker bees out there and we always will. There will always be people who just go along the same path as everyone else. I will never frown or look down on these people because they are the reason I can do what I do. They will never venture off and they will always stay the course they were raised to head. . But people like you and I think differently. Some people may say we are lazy, I disagree. I simply say we are better than that.

When you talk to friends and family about strings of income most will say doing that is pretty risky. Hmmm, let me share a scenario with you. So you decide you are going to take the safe route of life. You are going to get that 9-5 job and collect that steady $1,000 a week paycheck. You have a nice house, nice cars and everything is great. One day you go to your 9-5 job to find out you have been down sized. You just lost every source of income you had just like that. Now, being logical...how logical does that sound to you? Does that sound like a safe plan to you? You have put all your eggs in one basket and the basket broke.



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