Do you know the difference between successful and unsuccessful people?
- Successful people don’t give up.
- They think differently than unsuccessful people.
- Successful people take massive action toward their goals in life while unsuccessful people don’t.
Hard work is not always equal to success but Hard work + perseverance/determination = Success
If you are determined to succeed you will make it. If you have all the five requirements below, you could start making money the next day.
Let me show you some of the rules to achieving wealth in your life:
1. Difference between Passive and Active Income
Active income is the income you earn based on your time. It is the type of income we’ve been accustomed to our whole lives. Our parents are getting active income. Our friends and colleagues are getting active income and if you are a working class person reading this, chances are you are a working class person too collecting active income.
But is active income bad? No.
Active income is not bad at all. But it lets you trade your time for money which in my own dictionary is known as a second class prostitute.
What happens when you sleep off in your line of duty operating from the active income viewpoint? You lose money.
Because you’ve spent the time you were supposed to use to make money to sleep. So your boss or supervisor saw you and removed some of the money from your pay check. Sorry.
That’s active income and you are a slave to your boss and to time and to money. Heck you are an all rounded slave when you are working for someone else.
What if you’re fired?
What else? Except you have another job somewhere which is kind of pathetic because you are a double slave. You are toast.
- Where will you find another job?
- How will you pay your next months’ mortgage?
- How will you feed your family till you find another job?
- What if your wife doesn’t work?
- How will you pay the light and water bills?
- How will you pay your children’s school fees?
You’re really screwed up.
That’s why active income contrary to the popular belief system by our parents is not a secure thing to pursue.
There’s no more job security so you will have to take your life into your own hands and determining your own fate by pursuing the other form of income that the rich and wealthy know so well.
What is passive income?
Passive income is the inflow of cash to your account after you’ve done the job once. You receive a lifetime of money inflow after the job has been done once and for all.
Examples of passive income are: royalties, interest, rent, dividends, and residual incomes.
Here, the rich make money work for them and they go out and do other things that they enjoy doing. Like playing golf or swimming or just relaxing in their boats in the middle of nowhere on a sea having the time of their life while at that same time you’re slaving away in a 9-5 job trying to please a boss who cares less about you except you deliver.
2. Learn how to Sell
No matter what anyone thinks about selling. We all do it. You do it. I do it. Even the most religious man on the face of this planet earth does it.
So, what is selling?
Selling, according to Merriam Webster is to exchange something for money.
To make something available to be bought and to be able to be bought for a particular price
3. Know how to Manufacture Money… Legally
The only way to legally make or manufacture or print your own money is being in a business of your own. By having your own business you control your financial freedom. The best time to start your own business is now. Nobody will be able to control or dictate how you live your life except you.
4. Believe in yourself
If you plan on doing something for your life and future and you have looked at it and planned it carefully and you know that you have a good chance of surviving if you should apply yourself, don’t let the negative talks of friends and family deter you from your goals. Most of the people advising you have not done it before and they want to discourage you from doing it. Trust yourself and trust in your ability to make the most out of yourself and you will succeed.
5. Invest in yourself
Most of the greatest people in the world are those who know and learned how to invest in themselves. These are the people who took time off from other people once in a while to invest I themselves and their lives by reading and studying new things that will benefit their lives and the lives of those around them. Take time out from people and use it to learn new things that will improve the value and quality of your life.
6. Invest in your health
Do yourself some good by walking an hour a day to improve your cardio. Your wealth is as good as nothing if your it is in a poor state because you will never enjoy all that money. Eat good food.
Eat lots of fruits and also use herbs. Natural greens are a very good source of healthy materials for us.