Wealthiest Online Business Secret – Create Time Freedom With Residual Income
The secret of the wealthy is not that they have more money, but that they have more TIME Freedom. Just recently, those in the know have begun to really concentrate on this incredible fact. Even today the concept of TIME Freedom is rarely understood by those who desire the “Good Life”. Therefore, it has been a difficult thing to teach students who have been ingrained with the following the herd mentality.
Let me give you an example of just how recently the paradigm shift has taken place (it’s actually a continuing process). Don’t raise your hands now you’ll date yourself. How many of you have heard the following statements by those who meant well – speaking of time?
- “Johnny, go to school, get a good education, and when you graduate, find a good job and stay there until you can retire. People think you are unstable when you move around a lot. Doesn’t look good on your resume!” Or, what about the next one;
- “Put your time in Johnny! Your Granddad did his time (on the job), I did my time on the job, and now it’s your turn! You’ve got to work a good 40 hours for a good forty hour paycheck!”
- Don’t worry right now about the promotion passing you up Johnny! You keep putting your time in and it’ll come around for you!” You know I could go on and on.
Typically this is the way the poor think; they say, let me, let us, think in terms of 40 hours and a certain check rather than in terms of Time Freedom! What’s so bad is, most don’t even realize it! This is definitely one of those subjects where it is NOT appropriate to say, what you don’t know won’t hurt you. Not understanding time freedom has hurt families around the globe I would suspect! This is one of the primary reasons I’m writing this article! Try this exercise. Go up to a friend of yours and simply ask – has your time freedom improved any this month Bill? Better yet – look in the mirror and ask yourself – has your time freedom improved any this month? Chances are your friend won’t even understand what you mean. But now that you do, it’s time to do something about it. Wouldn’t you agree?
Now, let’s get back to the wealthiest online businesses and for that matter, wealthiest thinkers! These people have streams of income and they are truly happy because no matter how many streams of income they have, they still have TIME Freedom. Remember this: Because their streams of income are all residual, they have time to spend on anything they want!
This may need a little ’splaining’ as Ricky Ricardo would have said. Taking a good look at what people do is a great place to start. When you view people’s lives through the filter of residual income, many groups of people are not as wealthy as they first might appear.
You may be surprised to learn that Doctors, Dentists, and Lawyers don’t earn residual forms of income from their labors. Their income potential is capped! They can only see a fixed number of patients or clients in any particular day. And they have to be there for every single one of them -that’s a Linear set up.
The same holds true for top Sales People, Chiropractors, and even Window Washers. These groups generally don’t enjoy, exciting forms of residual income. Most of them do not understand the power of residual income. They may appear to be rich, but they are on a treadmill just like the rest of those who do not enjoy the power of residual income.
So here is a question you really need to ponder. This is one of those questions where – even though the alarm woke you up this morning – this question is the real wake up call. What percentage of your income is residual income?
If you are smart, you will start shifting your income streams from linear to residual income like the wealthiest online business owners have. This will give you the Time Freedom to do what you want when you want. And that starts with turning on at least one new residual stream this quarter. How about this month? How about right now?
A New, Exciting Form of Residual Income
Do you know who Warren Buffet is? For those of you who don’t, He’s the smartest stock picker in history and the wealthiest investor in the world with a 20 plus billion dollar net worth – last time I checked. What if Warren Buffet himself were to call you, and tell you to sink every penny into a certain stock. He says that he’s invested a couple of hundred million of his own money and he feels the stock is a sure bet to double or even triple in value. What would you say to him? “Sorry Mr. Buffet, but I pick my stocks by throwing darts at the Wall Street Journal!” Would you listen to the master or continue to do things your own way?
Well, maybe you’ve noticed. There is a shift taking place in our economy these days. Just as our ancestors recognized and made changes when the agrarian society (making an economy off the land) was giving way to the ‘Industrial Revolution’, or they knew they would starve. The Industrial Revolution is giving way to the new kids on the block. And those new kids are technology driven and they are creating new forms of earning income every day!
If you don’t get anything else in this article, please understand this! Technology will be driving the world, for the most part very quickly. The wealthy know this and are finding their niches all over the globe. Just look around EVERYWHERE! They are doing it online!
Here is My “Hot Tip” of the Decade.
It is where I have sunk a huge amount of my own time, energy, and capital. It’s what I am about to share with you. It is the best opportunity I have seen in 20 years. The Internet – it’s what I call the Information Highway. The way I see it you really only have three choices:
- You are either going to get on Internet Highway “Route-66.5″ and speed along toward the wealth potential the Internet offers, with those already on it; Or maybe,
- You are going to get in the way – and be run over – by those who are already realizing their financial dreams and making those dreams come true on the Internet Highway; or,
- You will stand on the side of the road, while those who act on the realities and potential they see on the Internet drive right by you. Don’t let that happen to you – the choice is definitely yours.
The Internet is certain to create many Residual Millionaires in the next 10 years. You could be one of them! If I had a buck for the many recently written books that acknowledge this fact, I’d add them to my list of Residual Income Streams on the Internet!
My aim is to help you to navigate through the maze of decisions you’ll have to make in order to take full advantage of what the Internet has to offer. I contend and ask all of my students to remember, wrong decisions will cost you, in more ways than one typically, and correct decisions will catapult you on your way to financial security.
How will you get there? Read my blogs, articles, web sites, guru reviews, business reviews and so much more. I want to help you. You’ll be glad you did! And I believe you will get there – we might as well take the trip using the roadmaps I provide together!
Herman Hayes is best known for the work he does in the Home Business Internet Market. He conducts seminars all over the country on a wide range of subjects. Herman is also an expert author on the subject of Wealth Attraction. You can get the special report that he and his business partner Darren share with others that changed their lives and the lives of countless others. You can get it right now! Discover the ‘Million Dollar Desire’ special report right here; and for right now it’s FREE! Visit http://TimeFreedomFinancialSecurity.com
You can visit his review site at http://NationwideHomeBusinessReview.com You will want to latch onto someone who has been successfully traveling the Internet Highway for many years; maybe even discover a mentor along the way.
Author: Herman Hayes
Article Source: EzineArticles.com
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