Why I am doing this... - podcast episode cover

Why I am doing this...

Mar 07, 20206 min
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Episode description

More than 90% of people around the world are accustomed to the source of income known as Linear Income: trading time for money. For that reason, most people are not financially independent. Linear Income, also known as work income means you receive a paycheck based on how much time you work. You need to put in a certain number of hours every week. When you stop working, your income stops. Linear Income requires continued work.

Residual Income is different. It is the most powerful and profitable source of income. Residual Income is the income of the rich. It is a source that keeps coming in on a regular basis from working once. Residual Income is not about “get rich quick” but rather doing a good job on the front end and being paid over and over again for the work you did once. It requires effort, determination, personal growth, and consistency… especially in the beginning… and time for the magic to start working.


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