The Passive Income


Photo via Foter.com / CC0

Having total freedom to live our lives the way we want to live is something we all dream of. Getting paid whether we are at work or if we are ill, we are still making money. This is called a passive income.

There are many ways to make a passive income such as, through the rental of properties or joining a network marketing company.

When we decide the way we want to make a passive income, we should spend our time learning how to do it and then we can reap the rewards. However, it is a journey that takes time, it does not happen overnight.

We should have goals and dreams to motivate us. Write them down in present tense as if they have already happened. Keep a notebook or journal of all the goals and dreams that we want. Belief is what keeps us motivated, doubt and hesitation is self-sabotage, we will never get around to doing anything with that approach.

Learn three simple steps and keep it simple, do not complicate things. For my business the three steps are retail, sponsor and training. Write down goals that get us excited, limit to three, then add more each time one has been accomplished.

How we interpret a situation is what drives our actions to succeed or fail. For example, if we were to fail in a business, depending if we pick ourselves up and brush ourselves off would depend on how we looked at the situation. The first scenario would be saying to ourselves, “I am no good at running a business, I might as well give up” with a different scenario, “I am going to learn more about how to run a business and try again”. How we feel about a situation guides how we take action. Holding onto our beliefs is the way to succeed.

Adler, J. (2011). Beach Money. Cork: BookBaby.


Photo credit: aynne via Foter.com / CC BY-NC-SA
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