What Is Passive Income?


Do The Work Once, Profit Over And Over

Majority of people are trapped in the rat race having jobs working for others but do not know how to get out. This article offers a way out to achieve freedom through earning passive income. Internet business is recommended because it is exciting, rewarding and best home based business. Tips are given that are designed for professional business working from home.

If you’re given a choice of making $500 as a one-time payment OR getting only $100 but paid this amount every month for 20 years if not for life, which would you choose?

If you work only once and get paid many times over, you’re earning a RESIDUAL INCOME. Of course you’d choose the latter.

Elvis Presley today “continues” to earn residual income even after death because his records continue to “work” for him due to continued demand from his fans.

Therefore it goes without saying that in order to build wealth, you need to tap into RESIDUAL INCOME.

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Very often this is also referred to as “PASSIVE INCOME” because you could afford to be passive or non-active (i.e. not having to work) and still continue to receive income.

If you’re like most people, you’ve been conditioned your whole life to think about income as a process of trading time and effort for money. Like the majority, you have been brought up to have only one major objective in life – JOB! Incidentally, if you don’t already know, to many, JOB stands for “Just Over Broke”.

You work hard in schools so that you could get good grades to advance to colleges and universities where you work even harder so that you could get a good and secured JOB. Once you’ve got the jobs you want, you continue to work very hard in order to maintain them and to climb the so-called organizational ladder of success.

As a result, many have fallen into the trap of the RAT RACE and you know very well you can’t afford to stop because if you did, so would your income!

Although some of us could be drawing quite a handsome income, we’re not truly “wealthy” because we’re not free to do what we want and when we want with our money.

I’ve heard of many sad stories of “rich” EMPLOYEES not being able to spend badly needed valuable time with members of their families who’re sick in hospitals because they could not afford to be away from their place of work for too long as their services are urgently required by their employers. Doctors could not even really relax and enjoy a long vacation for fear of the loss of income or patients while their clinics remain closed.

Can I really have PASSIVE INCOME? You might ask. Indeed you can!

About 60 million people have access to the Internet – and yet it is still in its infancy. Every month millions of newcomers and thousands of businesses are reported to be setting up online. With this huge and expanding audience coupled with the fact that marketing and advertising can be done on the Internet so easily and at only a fraction of the costs of traditional methods, we now have a fantastic opportunity to be successful in online business.

Many companies have now aligned themselves with the Internet which has created many new paradigms in the past few years. Residual Incomes are made available to people from all walks of life. You can now make money online with simple and proven formula used by many to earn multiple streams of residual income. And now we have access to so much training on the internet and it is so under priced compared to what it cost to get a college degree, and witch they do not teach this stuff in colleges.

However don’t believe what you’ve heard or seen in the Internet. Scepticism is encouraged because there are some dishonest people creating a lot of hype, unfulfilled promises and scams going around the Internet. Matter of fact, when I first got started searching online looking for new ways to profit on the internet,I unfortunately fell for a few of these money making schemes. But I never gave up, I kept searching for great training on “internet business setup”, and “internet marketing” until I finally came across the best training platform online, which I am still very active with now. They are always updating the training. I highly recommend checking it out! I will Leave a link below.

Fortunately however, these are the exception, rather than the rule. You must be able to feel absolutely confident about using the services offered by “Internet Business Gurus” to help you make money online before you sign up. If you have any slightest doubt at all, drop it and move on to another.

Ok so that is my take on passive income, I hope you can see how much more rewarding passive income is over active income.

To your great success on your online business journey, Bob@Lurnprofit

Feel free to leave questions and comments below.

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