LINEAR INCOME

In trying to understand what linear income is, for instance, employees, contractors, and self-employed business owners make up the linear income bracket. Linear income earners are only paid for the specific time expended, and or paid directly proportional to the number of hours invested in their job. Linear income earners must be physically present to get their paycheck or salaries or wages as the case may be.

Let me ask you this question. As a linear income earner, can you pass your job down to your children or grandchildren? You could be successful lawyers, bankers, doctors. Lecturers, e.t.c., just name it; truly, I don't know too many jobs that allow you to do that. How many do you know? And even in the corporate world, in order to be promoted, your superior either has to be promoted or demoted.

In summary, linear income earners have little control of their success, they live by paycheck to paycheck, and they can be fired at any time. Our life expectancy rate has dropped drastically, the tendency to suffer high blood pressure is high and many more disastrous effects this type of life will cause if it persist. I believe that I'm awaking the consciousness to some fundamental truth about your financial well being.


RESIDUAL INCOME

Now, the alternate income bracket is the residual income earner. I'll let you decide which of these two is better.

Residual income earners consist of business owners, those in the entertainment industry, author, investors, successful entrepreneurs, and network marketing associates. These classes of income earners continue to generate income after the initial effort of building the business. Residual income earners don't worry about "Clocking in," they can be absent for periods of time and still see consistent income from their business.

As a residual income earner, you could be in the shower, at home having more time for yourself and the family, a student (whether undergraduate or postgraduate) deceiving lectures in the university while money floods your bank account.

Thus, residual income earner's income stem from their businesses. They are the boss; they have total and absolute control of their business success and achievement. Wouldn't you like to be in that position? With your own business, you can pass it to your children, and they can pass the business to their children in return, you leaving a family legacy. You are able to leave your children with ready made pipeline of income versus working your present job, retiring and leaving your children with nothing but debt. The choice is yours to decide!


Choose To Be Rich

Today, because of the multitude of choices we all have, it is easy to get distracted from where we want to go in life. Becoming rich is not an accident. It is the result of specific steps that anyone can take.  

Step One: Decide to Be Rich

To become rich you have to believe without a doubt that you are going to succeed. The first step in getting there is to decide that no matter how many times you fail or how long it takes, you will accumulate enough wealth to do everything you want in life for you and all the people you love.

 

Step Two: Write Your Plan and Follow It

In order to become rich, you must know where you are going and have an action plan for getting there. Requesting information on this website is a good start – we can help you implement a plan.

There are different financial paths that people can choose. Unfortunately, most people incorrectly choose the path of job security because it requires less planning and seems like the easier, safer route. However, once the economy starts wobbling, that job security quickly disappears and they are left with no plan to regain control.

 

Step Three: Fire Your Boss

Now don’t do anything crazy and quit your job tomorrow. But do realize that in order to become rich, you have to own your own business. That is what this site is all about. We want to show you how to operate a business from home so that one day you can fire your boss and create financial security that will last a lifetime.

 

Step Four: Choose Your Friends and Partners Wisely

One of the reasons the rich get richer is because they spend time with other successful, rich people. It is important to know whether you are keeping company with people who want to be rich, who want to live comfortably, or who simply want to get by and survive.

Friends who merely want to live comfortably or just survive will not understand why you want to be rich. They may unconsciously try to pull you down or offer their “advice” on what it takes to succeed. Unfortunately, the investment tips you will get from these people are often tips that will keep you from ever becoming rich.

So, how do you find people who are rich or want to be rich? Well you just happen to be at the right place!

 

Step Five: Give Yourself Time

It takes time to build a business. Building a business is not the same as getting a job. With a job, you expect to be paid soon after starting work. With a business, you may not be paid for weeks, months or years. That is why we recommend keeping your daytime job while you start a part-time business. As your business grows into a strong stream of passive income, you will be able to replace your full-time job.