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Why Passive Income

Updated on June 8, 2010

Why Passive Income


Passive income seems to be different to everybody. Some people think it is from investments. Some from rental properties. Some from record albums or other royalties. They are all correct. However, these are all outside of the "regular" job arena. Most people are still under the bad assumption that this type of income can only happen if they have alot of money to invest or they are rich to start with. On the contrary, it can happen to anybody. It does not matter what you do now, what you have done in the past, your current financial situation, your education, and on and on. If you want it bad enough, you will seek out the means to get it.

I had worked as a CPA for many firms and I always thought that my job income was it. Even after I became self-employed, I still believed that I would have to work, then get paid. I had no idea that I could get paid month after month on a continual basis until I met my mentor.

Today, I have a few streams of passive income in addition to my "active" income.

Passive income can include, but is not limited to:
*Overrides from mlm
*Membership sites
*Continuation programs
*Affiliate programs
*Free giveaways

My purpose of this article is to open your mind up to the possibility of passive income. Income that comes in month after month or even week after week. I could explain it in more detail (which I will in later posts) and give you all the "how to's to obtain it, but until you believe it is possible for you, you will never act on anything I can teach you.

Think about how your life would be different if you did not have to go to work everyday.

What if you could just work a job part-time, and make up the rest with passive income?

What if you got hurt and could not go to your job?

Think of knowledge or skills that you possess now and how that could benefit others. How can we turn that into a passive income stream for you.

Think of products that you know of now that are very popular. Are you able to tap into these and passively sell them?

If you can believe it now, just go to http:/// and type in your info. If not now, wait for the next lens.

Until then, I wish you all the best.



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