HOW TO GET FINANCIAL FREEDOM? Here's how... PASSIVE INCOME !
Passsive income is your best friend when it comes to creating wealth.
If you're wondering, what is ' Passive income'? Here is the meaning of it that I found on 'Investopedia that will help you understand it a little bit better... But I strongly advise you look into it for yourself as it is the only way that you can and will become financially successful.
" Passive income : earnings an individual derives from a things like having rental properties, e-commerce store , having an online business, investing in cryptocurrency, or having limited partnerships or other enterprise in which you're not materially involved. Some would consider investing in stocks to be considered passive income, in which case dividends and interest would be considered passive. (which is not my ultimate favourite) "
Once you know what niche you wish to embark towards, and what is best fit for you and your lifestyle, all you need to do is learn all the ins and outs until you gather a great amount of knowledge and you totally understand what to do. When you feel confident enough to get started, then set it up and get it up and running.
Once you're all ready to start operating, you've gathered a great amount of knowledge in the space of your choice, the earnings just star coming in and keep keep flowing your way like you wouldn't believe, without any more effort required. Basically, the initial time that you invested to gain knowledge and setup/implement your strategies get it going, is the only investment you need to do for it. Passive means that you do not need to nurture it constantly like a baby... which allows you to focus your time and energy on a second idea for passive income. In time you can create multiple streams of income., which you would never be able to accomplish with a 9 to 5 job.
your time is way more valuable than the money you make working for someone else. Build courage and don't be afraid, the best things in life are never easy to obtain. You need to believe in yourself but most importantly, you must be 100% knowledgeable in what it is that you attempt to do in life because if not that is how you guarantee yourself a loss.
Having to earn an income on an hourly wage will not make you a millionaire. Your time is worth way more than you think and let me tell you how... Here's an example that I truly hope makes you understand and realize that you are worth way more than your actually making!
If you work for a company, and the company pays you $40/hr, for the company to be paying you that amount an hour it is simply because you are actually worth way more to them... how you ask! Well it's pretty logic that the company you work for would have to pay you much less than your actual worth as that is a way for them to make profits, which means that you must at least be worth 3 to 4 times more. Here's another example, I own a construction company and I pay one of my employees $300/day, well that one employee has to bring me back at least $1300/day for me to make money/profits.
If I was paying him his worth, I'd be working for nothing... do you understand now?!
Ever heard this before "rich people don't work hard for their money" ? Well the reason why someone might think that thru don't is because it doesn't show that much they're working hard due to the fact that they earn income passively. In fact, they work extra hard just to insure that they build a successful steady stream of passive income where checks just come in every month without doing much. You must understand that they've invested a ton of time to have that system running successfully. They're always looking to make more money using their brain VS they're hands, and so should you if you want to be successful.
In this life if you're not rich, you're poor!
Check out my article... " The greatest investment you'll ever make is in yourself ". You will gain some more insight on this!
There is enough success and more than enough money for many many people, so get inspired, stay driven, focused, disciplined, and you too can make it in this world... assuming that's what you want for yourself. I'm sure it is or else you wouldn't be reading this.
I truly hope that you've enjoyed this article and learned something valuable. If so please comment and upvote!
If you feel that you can add to this article as a way to improve it, please be my guest as all thoughts and opinions are welcomed!
If you liked this topic, let me know by upvoting, and commenting and I'll cover more about other ways for you to create 'Passive income' .
Once again, thank you for reading my post and I wish you all prosperity, growth, and lots and lots of success into your life!🙏🏼
Check out my other articles if you haven't already and let me know what you think
Best regards!
