Discover The Secret Formula
Nobody told me about this formula when I was at schoolInstead the only thing anyone ever talked about was this formula
When I left school I went straight into a job that paid an hourly rate at a supermarket, if i worked 20 hours a week, I got paid for 20 hours a week.
Soon after that I managed to secure a good job with a salary in construction and thought this is what you should aspire too, the salary I believed gave me more security because it was guaranteed earnings.
Trading time for money
Your income is limited by time as there are only 24 hours in a day, so realistically we only have around 10 to 12 hours of time to trade in for money.
Therefore, if I wanted to make more money when I was at the supermarket, at the most I could work 60 – 70 hours a week.
As for my salary job, well it gets worse, I’m meant to work 40 hours a week. However, if a deadline is fast approaching or a project is behind, I’m expected to work how ever many hours it takes to get the job completed, whether late on an evening or weekends, but that’s not the worse part, I don’t get paid any extra for it.
Now these are the problems in the trading time for money scenario
- your losing control over your time
- your time is limited for doing the things you love
- your relying on someone else’s for your financial security
- your losing a lot of flexibility
- Your employee tax is the most heavily taxed income there is
What can you do about it?
Well this equation is just different
Passive income is money that you can earn without doing much. Initially you will have to do some up front work to get your idea set up, but once complete it will require minimal effort to earn money. Your past effort will then earn you money.
How to get started in passive income
- Change Your Mindset – focus on the equation nobody told you about
- Focus on an interest or expertise and build upon it
- Think how your interest and expertise can bring value to others and solve their problems
- Set up an online business and leverage the digital economy
So stop trading your time for money and sell and deliver the value you can offer using the digital economy.
The Digital Economy
It′s the production and consumption of products and services as a result of billions of online connections among people and businesses everyday. The digital economy is growing at an immense pace and these connections amongst people and organisations is a result of technology and the internet
A digital mentor program can help get you started on your journey
So why not reward yourself and take the time to do more of what you love.
Why not try out the secret formula.