1. Fact One: The importance of having multiple streams of income. Smart people recognize the need to foster a portfolio of income streams - not one or two, but several lines from diverse sources and completely different. If a stream dried up, it's not bothering them. They have time to adjust. They are stable and safe.
Are you passive income flowing into your life this time?
2. Fact Two: The Power of income streams outside. Residual income - it is a strange term for an income stream "circulation" continues to flow, whether you are present or not. In other words, make money while you are sleeping. For example, if you earn interest on the money in your bank account, which is the excess income. It flows into your account 24 hours a day without any extra effort on your public.
Your earnings in excess, how much? With residual income you work hard once, and it opens up a steady stream of income for months or even years. You get paid for the repeated attempts. Was every hour you work is compensated hundreds of times not so good?
You can see a tiny battery testers on Duracell batteries not? The invention it has presented his ideas to companies large battery. Most of them reject him, but Duracell saw its potential and agreed to pay a few cents a battery for his ideas. And now he's making millions, because the trend that increased surplus. And the best part of it - he's not there! Cash flow is flowing without him.
You see, the secret is to make money work for you instead of you working for money. Here are a few places where you can put your money to work for them for you to create multiple streams of income while you were sleeping:
- Savings / saving and certificates of deposit
- Contrary account
- Investment and generate dividends
- The shares have potential long-term development
- The increase in the price of your own home
- Investment Property: own family, many units, trafficking
- Owning your own business
- The work entitled under the Roses
- Charge privileges
- Consulting Marketing -% of income generated
- The owner of the database, rent and sell the list and related news
- Royalties: books, tapes, CDs, videos, seminars, movies, software, games, inventions, patents, agents and brokers.
- A sales site 24 hours / day
- Network Marketing