Tag Archive | "boss"

Residual Income Vs Traditional Income

“Profits are better than wages. Wages will make you a living, profits make you a fortune. It’s difficult to get rich on wages, but anybody can get rich on profits” ~ Jim Rohn

QUESTION: How much do you get paid if you stop working? If you’re like most people, your answer is probably “nothing”. For every rich person, however, the answer is very different. A rich person is simply someone who has learned how to make money when they’re not working, when they’re on vacation, and even when they’re sleeping.

The rich have named this type of income “Residual Income”.

Residual income is money that keeps getting paid to you whether you work or not. You earn money no matter what you’re doing, because the money earns itself. It doesn’t depend on you. So if you had a residual income of $2000 a month, you could STILL get paid $2000 every month even if all you did was sit in a rocking chair and read the newspaper each and every day.

Rich people have learned how to earn money 24/7, and you can too.

The only residual income most people will ever earn is the measly interest on their savings account with their bank. Imagine what it would be like if your residual income was large enough for you to quit your job, or even quit working altogether…

TRADITIONAL INCOME:

The moment you arrive at a regular job you start getting paid, and your boss decides how much. Then when you leave at the end of the day you stop making money. It’s almost impossible to get rich this way because every penny you earn is completely dependent on you being at work, and you only have a limited number of hours each day. If you don’t turn up to work one day, you stop earning money. Why most people choose this as their main method of earning money is because they don’t know about all the alternatives available!

RESIDUAL INCOME:

The moment you wake up in the morning you start making money. In fact, you were earning overnight. You do some work during your day which adds to your residual income. You finish your work in the evening, but your income doesn’t stop growing. If you decide to take the day off, or go on vacation for a week, you don’t stop earning money. Can a boss or anyone else reach out and turn off your Residual Income? Not a chance!

You are in complete control, and nobody is allowed to say how much you are allowed to earn and when you can earn it.

You could be working on your Residual Income today! Every day it could grow a little bit more than the day before.

You can start earning as soon as you get started, and getting started is easier than you might think.

Don’t let ANYONE tell you how much you’re worth.

Posted in Financial MattersComments (0)

Understanding The 3 Types of Income

There are 3 types of income you can earn. There are 3 separate categories, and only 1 can set you free. It comes down to time and money freedom.

Most people either have lots of money and little free time, or lots of free time and little money. Having both time freedom and money freedom is rare.

It’s rare because people spend their entire lives trying to work harder and harder in a job, for a boss they don’t like, and never manage to get ahead. They think working harder on their job is the answer, but they’re barking up the wrong tree! If instead they focused their hard work (even in their spare time) on a different type of income they could probably have retired years, even decades, before they did.

And then there are the rich. They seemingly have it all. They have abundant cash, and spare time with which to enjoy it. They usually have an ongoing source of income that pays for their lifestyle without them having to go to work.

So What Makes The Difference?

The real secret of the rich is that one source of income isn’t really more difficult to build up than another. It all comes down to where you focus your time and effort.

1. The first type of income is The One Time Sale, or contract/freelance work.
You complete the job for the client and get paid. It’s not a regular job, and you need to line up many different clients in order to make a good living. This is usually the income of the self-employed worker.

2. Linear Income. If you work in a job this is your income-type. You get paid if you’re there working, and the money stops if you decide not to turn up. Even if you are in a very high-paying job, you still only get paid when you are actually working. This type of income is actually the least secure of them all because you are not in control. The company can get rid of any employees at any time, leaving you stranded with no source of income.

A rich person would never put up with such a lack of control, which is why they choose option 3.

3. Residual Income. Residual income is the most powerful of the 3 income types. “Residual income” means you will continue to get paid long after you stop working, which gives you the power to greatly increase your free time, or focus on sky-rocketing your earnings. Or both!

An example of residual income would be books sales for an author, or rent payments for a landlord, or profits from a self-running business.

It seems like residual income is out of reach for most people, unless they have super talents to write bestselling books or invest heavily in property, or hire staff.

But with the many legitimate home businesses now offering residual income opportunities, like Ardyss International,  it no longer makes sense to remain stuck in a job you hate.

Do the work one time, get paid repeatedly. Claim the royalty payments your home business can generate!

And the best part is, with a home business, you get to work as part of an existing team and follow successful advice. So you’re not left to figure things out for yourself.

Mix your income sources, and learn the lessons of the rich!

Posted in Financial MattersComments (2)

Financial Freedom is Just 5 Years Away

“Of all the entrepreneurial opportunities available today, one of the most important is direct selling, also called network marketing.” – Paul Zane Pilzer, Nobel Prize Winning Economist and Author

Your boss does not want you reading this.

The truth is, if you truly took this message to heart, you could fire your boss. Not immediately, but it would happen.

Like most people you probably expect to retire one day, maybe in a few years, maybe in a few decades, but you hope to be able to one day have the retirement income coming in reliably every month as you finally relax and enjoy it.

But something is very wrong with this picture. You’ll be elderly by then! You’ll have the free time, but who wants free time when they’re 65?

What your boss doesn’t want you to know is that your financial freedom is less than 5 years away. You can make it without a boss. It’s more fun too. The traditional plan for an employee is to work for 40+ years, giving away most of their life to completing someone else’s tasks, then relaxing when you’re too old to live the life you dreamed of.

For Network Marketers the plan looks a little different. Set up a business in your spare time that will pay you even when you stop working… then stop working!

Just imagine… where would you be now if you had read this message 5 years ago?

A network marketing business gives you the freedom most people never even glimpse. As your business grows (and you’re helped every step of the way by other people just like you) your income increases. This is income on top of your regular job income, because you don’t have to quit your job to do this. Most network marketers won’t quit their jobs until their business-income overtakes their job-income. Then they fire their boss, walk out, and never look back.

If it takes you 5 years – heck, even 10 years – to eliminate the need for a job, what would you do with your time? Most people would travel more, get serious about their hobbies, volunteer their time to the charities they’re passionate about, learn new skills, visit friends and family…

And yet these same people, with their same wishes, spend their time working for a boss, worrying if they’ll get fired, arriving home late, then flopping down in front of the TV in sheer exhaustion.

Be different. Make your plan. It’s 5 years away.

Posted in EntrepreneurialismComments (0)

How To Really Get The Raise You Deserve!

Suppose a person working a standard 9 to 5 job needs a raise, what do they have to do? To start with they need to start working really hard (to demonstrate they deserve it), then go make their case to the boss to convince them that they are worth more than their paycheck say…

How humiliating…

Are you ready to sashay into your bosses office, and say “I really love working here, and I’ve been performing more responsibilities recently, and working extremely hard, so I was hoping maybe you would possibly consider giving me a raise?”

Can you put on your best brown nosing smile and look your employer straight in the eyes, and hope they believe you are definitely worth more money to them than what they currently pay you?

Are you ready to beg your boss and substantiate why you believe you are worth more than he or she currently thinks you are?

Ultimately this is a matter of how much you are worth, simple as that. We are talking about how much you are rewarded for your time. We are talking, on a basic level, how much you are worth in the labor force. Not how much your boss believes you’re worth, but how much you are actually worth. Who currently figures your market value?

When you own your own business and you want a raise, there is only one person you need to inform. You.

You can confidently stand in front of a mirror one afternoon and say to yourself “I am giving you a raise!”

Welcome to the world of the entrepreneur. This is the free market, and you deserve to be paid what you are worth, not what your employer thinks you are worth. And all you have to do to make it come to pass is decide that you WANT it to happen.

If you want a raise, basically go out there and get it. Plenty of people start out seeing themselves making an extra $200 a week. Sometimes people simply need a little extra to get ahead, or to pay into a savings account, or even just to have some pocket money.

Some people look at their own business as their path to wealth. They visualize themselves as a millionaires living the good life.

No matter what you are visualizing, your boss cannot get you there. The only person who has the authority to pay you what you are really worth is yourself.


==>Start Your OWN Business<==

Posted in CareerComments (4)

How To Quit Your Day Job

When your boss says jump, is your reaction “How high?”

We actually are conditioned to follow pretty much whatever the boss tell us to do no matter how hard it may be, but when face-to-face with our own personal financial goals we typically buckle under the pressure. Why are we so we inclined to go the extra mile for the job and the employer than we are for ourselves? It is utterly ridiculous!

What would you do if you needed to make an additional $15,000 a year? Would you simply ask your employer for a promotion or beg for a raise?

Why not build your own business?

In this day and age there is no longer a such thing as job security. Workers are getting laid off left and right. Unemployment made record highs over the past few years. There are numerous people who have found themselves without a job or money to pay the bills. It is pretty tough out there.

Yet, in spite of the horrific economy, there is a flourishing group of people who are unaffected by job loss and unemployment figures. These particular people did not have bosses to begin with, so there was nobody to lay them off.

They are the Crowd Sourcers and Network Marketers, and you can be a part of their ranks.

Imagine delivering the following note to your employer one day…

****************
Dear Boss,

I write to notify you that as a consequence of financial circumstances entirely within my control, I can no longer rationalize keeping you on as my employer.

Effective without further ado, please acknowledge this letter as my formal resignation, as I will now establish a life of full-time freedom bursting with pursuits of my choosing.

Best Regards,
Your Former Employee
****************

What would your boss say to that?!

If you want for this to even materialize , first you have to commit to it. Then you have to decide when your employer will receive that letter from you. If it takes you a couple of years to be financially independent, would it be worth it? Can you imagine if you had gotten started just a few years ago…

What if your employer were to tell you tomorrow that in the near future you will be laid off, what would you do? Would it push you into action?

You have that very choice, right this moment. You can launch your own crowd sourcing business part time from home, and enhance your income. And once your home business income exceeds your job wages, no more boss!

It begins this moment. When you look in the mirror, that is your new boss staring back at you. The only person answerable for your financial future is you.

Hence… what are you waiting for…

Get started in the health and wellness industry with the lucrative Ardyss International Opportunity or make your mark in the data collection business with Crowd Sourcing International. Get started today, right now! Take charge of your future.

Posted in EntrepreneurialismComments (8)

How to Ask Your Boss for a Raise and Get it!

Most people get up everyday and go to work for the paycheck, not because they simply love their job and have nothing better to do with their time.  Working pays the bills.  When it comes to a job, at the end of the day (for most people) it all boils down to one thing—

BenFranklin“It’s all about the Benjamins Baby!”

As the days of 2007 slip by, it’s time to say good bye to being over worked and under paid. Your boss has no problems with adding to your work load or asking you to stay over time…so it should be just as easy for you to request a raise for all of your hard work.

A major part of living life abundantly involves asking for what you want, believing you deserve it, and being open to receiving what you’ve asked for.

My grandmother always says “a closed mouth doesn’t get fed,” so if a raise is what you want, need, and deserve, ASK for it!

Here’s How: Read the full story

Posted in Financial MattersComments (101)


Add Me To Your Network

Subscribe Now FREE Newsletter!

Be Inspired

Achieving Your Childhood Dreams

Words of Wisdom

Try not to become a man of success but a man of value.
Albert Einstein

New Year's Resolution to Lose Weight?

Best Lose Weight Plan