Recently, a person close to me showed me a payment it received for the amount of $ 250,000.00 pesos plus another check for over $ 300,000.00 dollars he received as compensation for a project. In his own words, this type of income is quite recurrent to him, and easily obtained and completely legal.
I will not refer here to the specific activities carried out, however, the intent of the story is trying to find out what the secret or the strategy of some people (the rich) to obtain large amounts of money with little effort, while others (the poor or middle class) have to work for full month or more to get the same amount of income you get rich in a week or one day.
In most cases, the rich do not get their money for doing a specific job but to a much more interesting they referred to as passive income. In short, the passive income is obtained safely and constant regardless of whether it works or not.
Is this possible? For most of the poor or middle class, maybe not, but for the rich this is an absolute truth. Passive income from alternative sources to the daily work physically or intellectually, such as: income, sales or purchases of assets, businesses, royalties, etc. This is just the first gap between rich and poor.
The poor or middle class gets its income from work, while the rich has passive income. What is the reason that the poor or middle class has no access to passive income? Sometimes it is due to the lack of awareness of the difference between labor income and passive income. I can also be due to lack of preparation and financial education.
Sometimes people also have a lack of vision, and can’t envision themselves being in a better place financially. They also tend to forgo planning the economic future. The first thing you need to have passive-type income is knowing and knowing that there also must be prepared to understand the different types of passive income and first choice that is more accessible.
For example, it would be very difficult for a poor person in the short term will start to get revenues from the rental of a building, since it lacks sufficient capital to acquire a building, but on the other hand, would be more feasible to start a micro-business that allows you to earn income (perhaps modest) but in the medium term, enable them to acquire a small building, possibly using a mortgage.
A major problem is that people are prepared academically for many years to learn to play a professional but very few people are prepared properly for the financial aspects, on the other hand, are also very few that are displayed in the medium term as people rich.
Most people see themselves working well into old age in order to raise sufficient capital to live his last years, but hardly considered the possibility of retiring young and rich enough to enjoy, to travel and meet their purposes and wildest dreams.
Dan Cavalli, an Australian businessman and Author. He is an entrepreneur and expert on small-business success and has a published International selling book: ‘Blueprint for Making Millions’.
Dan specializes in the creation of businesses and building them to full potential fast. His most noted success in business was where he started his first business from zero and built it to $140 million in 18 months. He has repeated similar results over the years and he now teaches people how he builds businesses extraordinarily fast with effective sales and marketing techniques. Visit Dan's blog at http://www.startingabusinessnow.com
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