Active Income and Passive Income
1. Active Income
Active Income is limited, you exchange your time for money
I give you example:
A skilled worker exchanges one day of work for P285.00 this is the minimum salary of Cebu.
A manager exchanges one day of work for P3000.
A dentist will pull your tooth for P500.
A heart surgeon will do a bypass for P300,000.
What do they have in common? All of them exchange time for money or They work for money. When they stop working, they stop earning.
2. Passive Income
Passive Income is the secret of the Rich people.
Passive Income - is virtually unlimited, you still exchange time for money. But you’re no longer exchanging your time, but the time of your duplicate. You exchange your time for money duplication. You can stop working and the money keeps flowing into your life.
Do you want to prosper?
You need to create Passive Income.
How can you create your Passive Income?
LEARN HOW TO BUILD YOUR OWN LEGITIMATE INTERNET BUSINESS
Why Network Marketing or Aim Global
One of the best, low-cost ways to invest in your business skills is to join a Network Marketing company. There are many other options such as starting a traditional business or maybe even an Online Business.
But if you want to guarantee yourself something concrete where business skills are concern, my take is on Network Marketing.
Regardless of what you have heard about this industry or how much money people have lost there, the biggest reason why I would recommend everyone to invest in a network marketing company is because of what you can learn there, and not because of how much money you can make (although it would be fantastic if you can make a living out of it).
You see, network-marketing companies are the one place where people will share their trade secrets FREELY. It is logical because in order for your upline to succeed, they will want you to succeed as well! Therefore, they will not hold back in teaching you the skills of a businessperson.
Furthermore, the relatively low cost of investing in a network marketing company will amaze you for what you can learn for the price you are paying (a few bottles of vitamins and a business kit for the experience of a lifetime!) They will patiently train you in the attitudes and business skills you need to succeed in this industry.
You cannot succeed in network marketing with an employee’s mindset. A network marketing company will train you in sales, communication, teamwork, leadership, positive thinking, self-improvement, time and money investment as well as the support of your upline as a personal coach and mentor. I dare say that even if you did not make a cent, but diligently went through their program, the skills you develop will last a lifetime.
You can also develop skills by attaching yourself to an insurance agency. The job may be challenging, but those companies will also teach you the same skills above and maybe even gain a few tips on financial planning as well.
How about an Internet business? If you have the aptitude for computers, Internet businesses offer a low cost, high-profit margin business that can earn a lot of money and tap into a worldwide market.
Other places you can learn about business skills can be found at financial planning courses, real estate investment courses, time management courses and lots more.
All these I have suggested will be the safest way you can start a new business. You are only spending a few hundred to a thousand dollars in start-up and education. A traditional business might be too risky for someone without any business experience. You invest tens of thousands of dollars and you might struggle trying to break even. But once you have developed the skills above, you will have a higher chance of succeeding.
But if you want to guarantee yourself something concrete where business skills are concern, my take is on Network Marketing.
Regardless of what you have heard about this industry or how much money people have lost there, the biggest reason why I would recommend everyone to invest in a network marketing company is because of what you can learn there, and not because of how much money you can make (although it would be fantastic if you can make a living out of it).
You see, network-marketing companies are the one place where people will share their trade secrets FREELY. It is logical because in order for your upline to succeed, they will want you to succeed as well! Therefore, they will not hold back in teaching you the skills of a businessperson.
Furthermore, the relatively low cost of investing in a network marketing company will amaze you for what you can learn for the price you are paying (a few bottles of vitamins and a business kit for the experience of a lifetime!) They will patiently train you in the attitudes and business skills you need to succeed in this industry.
You cannot succeed in network marketing with an employee’s mindset. A network marketing company will train you in sales, communication, teamwork, leadership, positive thinking, self-improvement, time and money investment as well as the support of your upline as a personal coach and mentor. I dare say that even if you did not make a cent, but diligently went through their program, the skills you develop will last a lifetime.
You can also develop skills by attaching yourself to an insurance agency. The job may be challenging, but those companies will also teach you the same skills above and maybe even gain a few tips on financial planning as well.
How about an Internet business? If you have the aptitude for computers, Internet businesses offer a low cost, high-profit margin business that can earn a lot of money and tap into a worldwide market.
Other places you can learn about business skills can be found at financial planning courses, real estate investment courses, time management courses and lots more.
All these I have suggested will be the safest way you can start a new business. You are only spending a few hundred to a thousand dollars in start-up and education. A traditional business might be too risky for someone without any business experience. You invest tens of thousands of dollars and you might struggle trying to break even. But once you have developed the skills above, you will have a higher chance of succeeding.
3 Ways of Making Money
Let me summarize the 3 Ways of Making Money
Trading Time For Money - employees, self-employed
Manifesting & Using Creative Ideas - inventors, artists, programmers
Leveraging on resources and other people - business people, leaders
If you are a professional, have you ever explored writing an e-book about your field of expertise. If well written, it could provide a new income stream, instead of you selling out your time serving your clients.
How about a computer programmer? You can come out with your own revolutionary product instead of selling your ideas to the company you work for.
How about real estate, instead of selling houses, you can pool financial sources to buy houses cheap, increase their value, and sell them off at a higher price. It just takes a little time and research to find good ideas.
How about Network Marketing, start your own business, low start up cost, Big Income, Part time, a perfect business to everyone, no risk.
Is money a problem? Seek out loans if you can take the risk. Pool money from many investors or seek a grant. The sky is the limit when it comes to making money.
Again, which way do you want to achieve wealth? Answer: it is totally up to you
Trading Time For Money - employees, self-employed
Manifesting & Using Creative Ideas - inventors, artists, programmers
Leveraging on resources and other people - business people, leaders
If you are a professional, have you ever explored writing an e-book about your field of expertise. If well written, it could provide a new income stream, instead of you selling out your time serving your clients.
How about a computer programmer? You can come out with your own revolutionary product instead of selling your ideas to the company you work for.
How about real estate, instead of selling houses, you can pool financial sources to buy houses cheap, increase their value, and sell them off at a higher price. It just takes a little time and research to find good ideas.
How about Network Marketing, start your own business, low start up cost, Big Income, Part time, a perfect business to everyone, no risk.
Is money a problem? Seek out loans if you can take the risk. Pool money from many investors or seek a grant. The sky is the limit when it comes to making money.
Again, which way do you want to achieve wealth? Answer: it is totally up to you
Top 5 Reasons why Filipinos don't go into business
1. Money – “Mag-iipon muna ako. Kulang ang pera ko.” (“I don’t have enough cash”)
2. Time – “Madami pa akong inaasikaso.” (“I’m so busy with a lot of things”)
3. Skills – “Hindi ako marunong mag-business, baka malugi lang ako.” (“I don’t know how so I’m afraid I might fail”)
4. Opportunity – “Hindi para sa akin yan.” (“That business is not for me”)
5. Connection – “Wala akong kilala masyado.” (“I don’t know a lot of people”)
Do you want to…
- Start a business with little or ZERO personal cash?
- Release yourself from employment?
- Manage your time effectively?
- Learn business and negotiation skills?
- Find income opportunities everywhere?
- Get along with everyone you meet?
- Become Financially Free
http://www.allianceinmotion.com
2. Time – “Madami pa akong inaasikaso.” (“I’m so busy with a lot of things”)
3. Skills – “Hindi ako marunong mag-business, baka malugi lang ako.” (“I don’t know how so I’m afraid I might fail”)
4. Opportunity – “Hindi para sa akin yan.” (“That business is not for me”)
5. Connection – “Wala akong kilala masyado.” (“I don’t know a lot of people”)
Do you want to…
- Start a business with little or ZERO personal cash?
- Release yourself from employment?
- Manage your time effectively?
- Learn business and negotiation skills?
- Find income opportunities everywhere?
- Get along with everyone you meet?
- Become Financially Free
http://www.allianceinmotion.com
4 types of people in the world
There are generally 4 types of people in the world:
1. No time, and no money.
Most employees fall into the category. You can’t go shopping on a Wednesday or anytime you want and fire your boss whenever you like. Most employees can’t even save money in their salary to last 3 years! Infact, wala pa akong nakilalang yumaman sa pagiging empleyado lang. The life of most employees ay pa ikot ikot parang ganito, sweldo bayad utang, sweldo bayad utang minsan natatawa tayo pero tototo natapos ang buong taon palaging ganun ang nangyayari.
2. No time, lots of money.
Self-employed, professionals and small business owners are in this category. They are slightly better off than the employee because they earn more, but they have to work even harder than employees to keep up with the diminishing profit margins, competition and servicing their customers.
3. Have time, no money.
A lot of farmers, tambay, villagers, college dropouts, or bums have lots of time but no money. Maybe ignorance is bliss, but without a stable source of income, how long can you last many days forward?
4. Have time, and lots of money.
It is the category that big business owners, property owners, investors are in. Imagine, not having to work for money, but having money to work for you by investing them and earning profits by using your money to make money.
CHANGE IS NECESSARY FOR GROWTH
When I attended OPP or Opportunity Plan Presentation last month and the speaker is one of successful person in Network Marketing. Ang sabi niya madali lang yumaman and most of us want to become rich kaya lang, hindi tukma ang ginagawa natin sa gusto nating mangyari parang ganito If you are riding from Lapu Lapu to Talisay using the wrong road map, you will 
not get to your destination no matter how fast the car (working hard)! You can work harder, but you would only get to the wrong destination! You may have the best attitude in the world or the most positive mindset, but you still not get to the place where you want if mali naman ang sinasakyan mo.Ibig kung sabihin kung gusto mong yumaman para marami kang matulungan tapos nanatili ka lang empleyado hindi ka talaga yayaman dyan although nakaka survive ka sa pang araw araw. Now don’t get me wrong, I’m not against employment kasi nagtrabaho parin naman ako ngayon at the same time doing my business part-time.
not get to your destination no matter how fast the car (working hard)! You can work harder, but you would only get to the wrong destination! You may have the best attitude in the world or the most positive mindset, but you still not get to the place where you want if mali naman ang sinasakyan mo.Ibig kung sabihin kung gusto mong yumaman para marami kang matulungan tapos nanatili ka lang empleyado hindi ka talaga yayaman dyan although nakaka survive ka sa pang araw araw. Now don’t get me wrong, I’m not against employment kasi nagtrabaho parin naman ako ngayon at the same time doing my business part-time.Nevertheless, let us face it: our needs today are growing more than ever before in any period of history. Prices go up, salaries don’t. There are more baby boomers than ever and have very little pension to show for their decades of years of work efforts.
And there is no guessing to how many people really, really hate the unhealthy, hectic lifestyle of getting up early, coping with stress for most parts of the day, join traffic jams, spend more money and time in traveling, enjoy very little rest, and repeat the viscous cycle. Definitely, doesn’t paint a nice financial and lifestyle picture.
The first step to change is to be aware of the problem. Awareness before change (or ABC for short) is necessary if you are to make any changes in life to start taking control of your financial life and then get out of the rat race and start a business part time..
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