Income depends on a variety of factors. How hard you work, time spent, dedication, and education. The key to successful income is looking for options. These options, if chosen correctly, have potential to increase your income, more specifically your passive income. How would you like to choose a path that could potentially provide you a 6 figure income
THREE Sources of “Jobs”
- Majority of people have only been taught or feel like they can only be successful at one of them; which is working for somebody else. This type of “job” only creates a paycheck…how hard work is a direct correlation to how much money you get paid. You are on a pay scale as well as set pay level. It is hard to climb up the ladder to be successful in this type of industry and can be very frustrating
- Another sources is being a professional; lawyer, doctor, engineer, etc. These professions are awesome and well needed to make this world operate. But how much time did they spend in school to earn their degree? How much money did their education cost when all said and done? Yes, they are making a substantial amount of money but most of the time they are working hours up hours and they have a huge overhead to operate under their license.
- Finally we come to owning your own business. This field, especially a home business will have an investment. When chosen wisely with what type of home business your passive income can be very substantial! This type of path is an amazing passive income streams that many entrepreneurs have tapped into. You want to be successful at life just like Warren Buffet or Robert Kiyosaki? Then you must not throw away this option if you want to be in a category with these elite entrepreneurs!
Passive income streams only come from 1 of the “jobs”. Owning your own business! When you own the correct business then you will be tapping into a greater income pool. The correct business is one where you will have increased residual income, increased compounding income, as well as have the power of leverage. Using these passive income streams through your business will potentially rank you with the great entrepreneurs of the country!