Sunday 27 January 2019

Chapter 6- It's time to take control

Working hard at making money will never create wealth. People who work for income work harder and harder only to be taxed more and more. Forget working hard at making money minus all you will do you spend it, and then have to work hard all over again.

You might be asking, "Ok, so what do I do? "

You have to take control of your source of income

Most people's income source works like a faucet point you get a little money flowing, and then when you let go it bounces back to off. You can never build freedom that way. What you want to some money for said that you can let go of once you have turned it on, because it stays on by itself.

This is passive income also known as residual income minus income that kind news coming in coming over and over, long after you're finished expanding the effort and capital it took to create the source of the income.

There is one business model stood out from the rest. This particular business model creates passive income, but requires relative little cash investment to start up. It has very low overhead, and can be operated on a flexible part time basis and delete generates enough cashpro for the entrepreneur to transition out of his current full time job.
This business model is called network marketing and its for the rest of this book is all about.

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