Friday, August 29, 2014

The power of passive income



Let’s start with two important questions: 
One, how much money do you make while you are asleep? 
Two, if you have to apply for sick leave to last for about 6 – 12 months (God forbid!), how much money would you make during that period?

There are different kinds of income, and if you really have the dream to be financially independent, you must learn about these different types and invest quality time in building PASSIVE INCOME. Passive income is the income that comes to you after a solid serious one time effort, and you keep on earning that income, long after that one time effort. You work hard and smart for a while, and then, you can literally sit back and enjoy the money roll in. Can you imagine working ONCE to build a system, and then making money from that effort for the rest of your life?

A classical example is this; in 1982, Michael Jackson released an album titled Thriller. till date, that album has sold more than 40 million copies. Michael Jackson is dead, and he is still making money. If he wants to make money from Thriller, he doesn’t need to go into the studio to produce again. There is a production company in charge of that. They send in royalties into his account every year. The same applies for filmmaker Stephen Spielberg. Another classical example is Sam Walton. Walmart is a system of stores that he built and that still keeps on generating money for him, even though he is dead. MacDonalds is another. So many examples abound. The path to financial freedom is in creating a solid passive income stream, or streams. It frees up your time and allows you to do many other things you’d love to do. 

One of the key objective of the Diamond Project is to help you create a solid passive income stream, within the next 6 – 12 months. So if you are looking for opportunities to create something like that, then contact us and let’s get busy.

www.facebook.com/choicebusinessclub 
choicebusinessclub@gmail.com

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