subject: Residual Income- 3 Flaws Of Trading Time For Money [print this page] Residual Income- 3 Flaws Of Trading Time For Money
Are You Still Trading Time For Money? Are You Spending Your Precious Time To Only Make Money Once Instead of Over & Over & Over Again? If you answered yes, I say it's' time to learn the truth about leverage, entrepreneurship, trading time for money and making money the smart residual income way!
Trade Time For Money Obvious Flaw #1- You Run Out Of Time
Why is it that some people make $33,000/year and others make $33,000/month, or $33,000/day or more? Go to school, get good grades, seek approval, fit in, get a good jobWho does this income strategy benefit the most? Before I answer these questions, let's talk about how it's affecting most people. Most people trade time for money and there's one obvious flaw with this income approach- you run out of time! There are only 24 hours in a day so even if you could work all 24 hours non-stop you'll run out of time.
There's one way you can make money and you won't be limited to time. When you set it up right, you won't even be limited to death! That's right, with leveraged entrepreneurship, your residual income will keep growing for your family, charities, and generations to come even after you're six feet under!
Trade Time For Money Obvious Flaw #2- You Have To Be Present
When you trade time for money, the problem is that you have to be there, you have to be present. How would you feel to take the whole week to take care of your sick child and then see more money in your bank account because your residual income business grew? How would you feel to travel and take a vacation with your friends and family for 3 months, to return to more money in your bank account? How would you feel to go to sleep at night and wake up every morning with $400, $1700, or $4400 in sales made on your website while you were sleep?
Trade Time For Money Obvious Flaw #3- You Have To Do It On Your Own
Whether you're employed or self employed the next problem with trading time for money is you and only you! What I mean is it's all on you. With leveraged entrepreneurship, you leverage other people's efforts- OPE, other people's time- OPT, and other people's money- OPM, and my favorite, other people's ideas- OPI. Every great invention, innovation and million or billion dollar business started with an idea and every financially successful entrepreneur with a residual income business uses some or all of these leveraged opportunities to make money.
Go to school, get good grades, seek approval, fit in, get a good job. Who does this income strategy benefit the most? It benefits the business owner and corporate the most because they're getting tons of leverage from OPE, OPT, OPM, and OPI. In most cases your job only pays you what the job is worth- not what you're worth. In most cases a job pays you just enough not to quit and not enough to live a debt free, financially independent, and emotionally satisfied lifestyle.
Why is it that some people make $33,000/year and others make $33,000/month, or $33,000/day or more? People make $33,000 a year because they don't know how to make $33,000 a month. People make $33,000 a month because they don't know how to make $33,000 a day. Now of course, some will get the knowledge and do nothing because they have no ambition. For those that have ambition and get the knowledge, the answer is leveraged entrepreneurship in a residual income business.
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