I told you yesterday that I will show you what passive income means.
Now I will do even more.
I will share three secrets the rich know and take advantage of that the Poor miss out on every day.
SECRET # 1: Understanding that NOT all monies are created equal.
You may start a particular business today and I start mine the same day, but while you are slaving to build a bungalow, with the same time and effort, I will build a sky scrapper.
For instance, you may engage in a business where you sell certain products/services and the sales of that item is the ONLY income you make EVER from it.
OR
You may adopt another Business model where you sell the SAME kinds of products but you continue to make money from that ONE sale for the rest of your life or at least for a very long time.
That is the concept of ACTIVE vs PASSIVE INCOME.
The first example is Active income, that is you must WORK BEFORE YOU EAT, and the second one is Passive income that is you work ONCE and your provision continues to flow.
Here's more to LEARN
Active Income: This is what you earn when you exert effort and time to accomplish a task. You earn active income, when you work once and get paid once only. Examples include: salaries, wages, commissions, and payments of services. Active Income is also known as EARNED INCOME.
Passive Income: This is income you continue to earn after you have stopped working, i.e. you earn Passive income when you work once and continue to get paid repeatedly. Examples include: Interest Income paid from bank deposits, rental income from real estate/property, royalties from writing a book, dividends from shareholding. etc. Another example of passive income is income from network marketing. Once you have built a structure of people working under you, passive income flows to you and your family whether you are sick, or vacationing, or even when you are dead. Passive income streams allow you to make money without having to be there. Passive Income is also known as LEVERAGED INCOME.
This is the time to start earning passive income!
Sometime ago, I knew I wanted passive income. My well-paying contract ended and I was really broke and frustrated.
When this Longrich opportunity came, I decided to give it a try!
Now, every time I get a weekly alert on my phone from Longrich, I thank God for that choice I made.🤗
That's not all! Just recently, I won a FREE trip to the US.💃💃. It's my second win, the first was Malaysia.
Yes!
I am enjoying the benefit of my choice!
What about you?
What choice are you making?
, If you want to take the step towards financial freedom and start earning passively, CLICK HERE TO START: 👉🏽https://bit.ly/2B8drdj*
TOMORROW, I will share SECRET #2
Meanwhile, its JUST 3 MORE DAYS TO THIS EVENT, We'll show you how passive income works. PLEASE CLICK HERE TO DOWNLOAD THIS CALENDER So you don't forget. It's too important for your future.
Tickets are on sale For ONLY 500LD ![]()
With each ticket you buy, you get:
➖1 Longrich Travel Pack
➖Light refreshment
➖A chance to win great prices, including
👉🏽Deep Freezer,
👉🏽Phones, and
👉🏽Longrich Pi Cup .
God bless You richly 🙏🏽
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