STARTING A BUSINESS FOR THE PURPOSE OF PASSIVE OR RESIDUAL INCOME

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NOW THAT YOU HAVE STARTED YOUR BUSINESS, IT’S TIME TO STARTING DRESSING FOR
SUCCESS. FASHIONS AT AFFORDABLE PRICES THAT ATTIRE YOU VERY STEP OF THE WAY
TO THE TOP.

SEE YOU AT THE TOP

Starting a business for the purpose of passive or residual income

The motive behind starting a business is often to make money that will be enough to cater for one’s needs. Earning large enough income will give you the opportunity to accomplish and live the type life you desire.

But most people don’t have the ability to live life on their own terms because they are either a slave to their debts or cannot break away from living on pay check.

But this problem can be solved by the many benefits of residual or passive income.

One of the best ways to gain financial freedom is by setting up a business with residual income opportunity.

There are many businesses both online and offline that one can set up to generate residual income. Our favorite and recommended.

Residual income by definition is the income one generated long after the work has been completed. It is the type of income that one continues to generate for as long as the business lives. Residual income also known as passive income has no limitations based on time.

Starting a business with residual income opportunity will enable you live life in your terms. You will continue to earn money whether you are there working or not.

The amount of money you can make does not stop whether you get out of bed or not.

Starting a business for the purpose of passive or residual income

The motive behind starting a business is often to make money that will be enough to cater for one’s needs. Earning large enough income will give you the opportunity to accomplish and live the type life you desire.

But most people don’t have the ability to live life on their own terms because they are either a slave to their debts or cannot break away from living on pay check. But this problem can be solved by the many benefits of residual or passive income.

One of the best ways to gain financial freedom is by setting up a business with residual income opportunity. There are many businesses both online and offline that one can set up to generate residual income. Our favorite and recommended.

Residual income by definition is the income one generated long after the work has been completed. It is the type of income that one continues to generate for as long as the business lives. Residual income also known as passive income has no limitations based on time.

Starting a business with residual income opportunity will enable you live life in your terms. You will continue to earn money whether you are there working or not. The amount of money you can make does not stop whether you get out of bed or not.

In addition, it is possible to have different streams of residual income. Unlike having two jobs that will consume your time, multiple streams of residual income will increase your earnings while also giving you enough free time.

Residual income gives you a more lucrative alternative to finding a side hustle that will stress you and consume your precious time.PART-TIME INCOME OPPORTUNITY

To kick start your dream of financial freedom, here some of the residual business opportunities that you can venture into.

Invest in real estate

Rest estate is one of the most lucrative means of generating passive income. Apart from being lucrative, it give you rest of mind and requires little or no work.

Affiliate marketing

This involves promoting other people’s product online of which you get a commission once it leads to sale. Affiliate marketing can be done by marketing people’s product on your website. It can also be done by promoting them on social media platforms.

Affiliate marketing is a great way of making money online. You can make up to six figures every month from the comfort of your home. And remember, you do this at your time and pace.UNEMPLOYED — START A BUSINESS ON A SHOE STRING

Write an EBook

Selling a book online can be another great way of generating residual income. After the initial work of writing and creating the book, the only thing left is to make your money on every sale.

You don’t need much capital to produce an EBook, no printing and shipping costs.
Other residual income business opportunities that you engage in include:

• Create lead generation website
• Start a drop shipping business
• Create a mobile app
• Invest in vending machines
• Rent out your spare room

And the list is endless.

In addition, it is possible to have different streams of residual income. Unlike having two jobs that will consume your time, multiple streams of residual income will increase your earnings while also giving you enough free time.

Residual income gives you a more lucrative alternative to finding a side hustle that will stress you and consume your precious time.PART-TIME INCOME OPPORTUNITY

To kick start your dream of financial freedom, here some of the residual business opportunities that you can venture into.

Invest in real estate

Rest estate is one of the most lucrative means of generating passive income. Apart from being lucrative, it give you rest of mind and requires little or no work.

Affiliate marketing

This involves promoting other people’s product online of which you get a commission once it leads to sale. Affiliate marketing can be done by marketing people’s product on your website. It can also be done by promoting them on social media platforms.

Affiliate marketing is a great way of making money online. You can make up to six figures every month from the comfort of your home. And remember, you do this at your time and pace.

Write an EBook

Selling a book online can be another great way of generating residual income. After the initial work of writing and creating the book, the only thing left is to make your money on every sale.

You don’t need much capital to produce an EBook, no printing and shipping costs.
Other residual income business opportunities that you engage in include:

• Create lead generation website
• Start a drop shipping business
• Create a mobile app
• Invest in vending machines
• Rent out your spare room

And the list is endless.

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Thank you for your support of this site.

What are Treasury bonds paying now?

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Are I bonds a good investment 2021?

I bonds can be a good option for cash you don’t need right away, but they aren’t a substitute for emergency savings or investments. The 9.62% interest rate is likely to be short-lived as the Fed intervenes to curb inflation.

Is TreasuryDirect a legitimate website?

TreasuryDirect is a website run by the Bureau of the Fiscal Service under the United States Department of the Treasury that allows US individual investors to purchase Treasury securities such as Treasury Bills directly from the U.S. government.

What interest will I get if I buy an I bond now? The composite rate for I bonds issued from May 2022 through October 2022 is 9.62 percent. This rate applies for the first six months you own the bond.

f you’re eyeing ways to fight swelling prices, Series I bonds, an inflation-protected and nearly risk-free asset, may now be even more appealing. I bonds are paying a 9.62% annual rate through October 2022, the highest yield since being introduced in 1998, the U.S. Department of the Treasury announced Monday.May 2, 2022

LESS OR MORE — WINNING THE ABUNDACE SUCCESSFUL LIFE —- SELF ESTEEM

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EVERYONE SHOULD HAVE A MENTOR. IF NOT, THE NEXT BEST WAY TO ACHEIVE SUCCESS AND
ABUNDANCE IS TO READ A FEW CHAPTERS DAILY OF A SELF HELP BOOK. STEP BY STEP
WHETHER YOU’RE READING JIM ROHM, EARL NIGHINGALE, NAPOLEAN HILL OR SUZIE ORMAN,
YOU WILL SUCCEEDE.

STEP BY STEP BY STEP. A FEW DOLLARS FOR MOTIVATIONAL BOOKS NEW OR USED WOULD BE
INVALUABLE WHEN YOU DEVELOP ONE HABIT AFTER ANOTHER ON A PATH TO ABUNDANCE.

OVER 1500 PEOPLE DAILY BECOME A MILLIONAIRE IN AMERICA. WHY NOT YOU?????

What are traits of self esteem?

What are some examples of high self esteem?

What are the signs of high self esteem?

What is low and high self esteem?

FREE INFORMATION — WINNING/ABUNDANCE/SUCCESS/GOAL SETTING

BUILDING WEALTH NOW — GENERATION XYZ

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BUILDING WEALTH NOW

Wealth is the abundance of valuable financial assets or physical possessions which can be converted into a form that can be used for transactions.

This includes the core meaning as held in the originating old English word weal, which is from an Indo-European word stem.

The modern concept of wealth is of significance in all areas of economics, and clearly so for growth economics and development economics, yet the meaning of wealth is context-dependent.

An individual possessing a substantial net worth is known as wealthy. Net worth is defined as the current value of one’s assets less liabilities (excluding the principal in trust accounts) (RESOURCE: WIKIPEDA)

ESXCESSIVE DEBT

Saving 35% of one’s income is the start of building wealth.

CUTTING DEBT

Cutting debt 35% is the road to financial freedom/financial independence

THRIFTY SPENDING/FUGAL/MISER/BUDGETING

Thrifty Spending, fugal, miser, budgeting leads to disposal income, more
bang for your bucks.

INVESTING

Investing to insure you reach your dream of lifestyle you dream of
In other words, now your money is working for you generating income
while you sleep, vacation, work or whatever.

EARNING ADDITIONAL INCOME/MULTI-STREAMS OF INCOME

Additional income isn’t only pay raises, promotions, inheritance but
starting a passive/residual income business that you can pass on the
to the next generation if you choose. Real Estate for renting, starting
a mlm business.
TIME MANAGEMENT

Managing one’s time is the listed last but an essential key to building
wealth.

CORONAVIRUS — STAY AT HOME — STAY IN SHAPE — GET OFF THE COUCH AND STAY HEALTHY

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STAY IN SHAPE — GET OF THE COUCH AND EXERCISE

BOOST YOUR IMMUNE SYSTEM — STAY HEALTHY

PROTECTING YOURSELF IS PROTECTING YOURSELF AND BY PRTECTING OTHERS
YOUR’RE PROTECTING YOUR FAMILY AND OTHERS

STAY AT HOME AT KEEP POSTED ON UPDATES FROM ELECTED LEADERS, HEALTH
OFFICIALS AND READ EVERYTHING YOU CAN.

CORONAVIRUS—SELF-HELP AUDIO BOOKS—STAY POSITIVE—STAY MOTIVATED

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The role self-help audiobooks play in maximizing Generation X potential

To be successful in this 21st century, we all need to be regularly motivated so as to able to withstand the different challenges that life throws at us.

But the access to motivational resources is becoming slimmer by the day.

The most prominent sources of motivation are in books, and there are thousands of them out there. But with our busy and tight schedule, most people hardly have time to read books.

LAID OFF — START A BUSINESS ON A SHOE STRING

This is where audiobooks become handy.
Most speakers or authors now have their work published in the form of audiobooks.

This gives them the opportunity to reach out to more audiences, most especially those who find it difficult to read books.

Self-help motivational audiobooks are the next biggest source of inspiration. Listening to them will help to maximize and grow your potentials.

They are what you need if you want to move to the next level in your career and profession.
In this post, we will be discussing the role self-help audiobooks play in maximizing potential.

Self-help audiobooks enable you to easily identify your strengths and weaknesses. They give you insights to your potentials and make question yourself on how to fully utilized.
Knowing your strengths and weaknesses helps you to better manage yourself, time, and other resources at your disposal.
Listening to motivational audiobooks before getting out of bed in the morning will let you stay motivated and prepare you for the challenges of the day. Audiobooks are powerful tools for motivation.

Make it a habit of listening to your favorite self-help audiobook for at least 15 minutes every day before leaving your home.

By listening to motivational audiobooks, you feed your mind with positive and inspiring content. This enables you to regularly stay inspired and stand tall against all life tides.

Many people listen to music for inspiration or just to improve their mood. But audiobooks are a better alternative to music because they enable you to stay motivated and at the same time you’re learning.

And just like your music, audiobooks are accessible and portable. You can easily carry them about on your phone, computer, or any other device.

People can listen to them anywhere and whenever they want. You can listen to them while you’re doing other things. For example, you can listen to motivational audiobooks while driving to and from work.
Most real-life challenges are discussed in audiobooks.

Sometimes listening to them makes one feel as if the speaker or author is talking directly to you. In their discussions, they offer practicable solutions to some of the problems we face in our daily lives.

For anyone to improve and get to the next level, one needs to understand the essence of getting things done effectively within a speculated time frame.

There are many motivational audiobooks that teach people how they can simplify and gets things done in order to achieve the desired results.
It is only natural for colleagues and other people around to believe in you and trust in your judgments when you are good at getting results.

When people see you as a goal-getter, the level of your confidence increases, and invariably it helps you to maximize your potential.

In addition, listening to positive inspirational audiobooks let you understand that no one is perfect. In one way or the other, we all have our weaknesses. This weakness may either be physical or mental.

Motivational audiobooks teach you how you can master your imperfection and overcome the feeling of inadequacy. This in effect, spurred you for greater life achievements.

Do you want to increase the level of your confidence or you want to be able to fully utilize your potentials? The only thing that is stopping you from getting what you want is you.

There are many audiobooks that will guide you through the process of how to become a better you. They help you to positively change your thought pattern. Consequently, this gives room for a new you to evolve.

Reasons why you should listen to self-help motivational audiobooks
They are a great source of motivation and inspiration – Just like music, audiobooks can be used to improve your mood and boost your spirit.

They provide you with the right words that can boost your confidence and prepare you for day-to-day life challenges.

Lead to easy and fast learning – One of the great advantages of audiobooks is that they make comprehension easy and faster. They make you go through a lot of information within a short period of time.

They are effective – Listening to audiobooks produces effective results better than reading text from the pages of a book. You won’t have to flip through several pages before getting all the information that is contained therein in an audiobook.

Sometimes the content of a book may be great, but it is hard to read and you get bored reading it. This is not a popular occurrence with audiobooks.

Accessible – Audiobooks are convenient and accessible. Most audiobooks are compatible with devices such as phones, laptops, iPods, tablets, etc. You can easily store them on any of these devices and carry them with you wherever you go.

Another amazing thing about audiobooks is that you conveniently continue from where you stop from the last time.

In conclusion, we all need inspiration for our day-to-day survival and to remain the focus. But because we long for inspiration or motivation, we surely don’t want to add to an already tight schedule. Self-help audiobooks are great sources of daily inspiration.

They provide you with rich resources for personal growth without adding more to your already tight to-do list.

There are several collections of self-help, motivational, spiritual, fitness, and health audiobooks. Like we said earlier, all of these audiobooks are accessible.

You can listen to them while on the go. For your daily motivation, listen to your favorite audiobooks while on the treadmill, in your car, on the train.

Whenever or anytime you need a boost, audiobooks are what you need to get to the next level and to maximize your potential.

4 STEPS TO ACHIEVING YOUR GOALS

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HOW TO IDENTIFY YOUR GOALS?

HOW TO SET AND ACCOMPLISH GOALS?

HOW TO WRITE SMART GOALS

WHAT DOES GOALS MEAN?

Start with an excellent guide/mentor. Millions set goals every year and with

a plan they achieve their goals.

Get a good goal workbook. If you plan to do immediate goals, 30 day goals, 6 months,

12 months (January to December) Plus May 1, 2020 to April 31, 2021) 5 year goal.

List your goal, objectives and definite all obstacles you will encounter.

INCREASE YOUR INCOME WITH A HOMEBASED BUSINESS

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Network marketing, multi-level marketing, residual income. Several reasons to
join. Income generally the primary reason most people start a business.

Network marketing you can build a marketing group in your spare time and practical
from anywhere. As you’re setting on the beach, kicking back on the front porch, or
just relaxing.

Residual income gives one the opportunity to be paid for exceptional work unlike
hourly jobs or many jobs. It is a surprise that more individuals do not engage in a
multi-level marketing business. This is
long history speaks for what great about network marketing.

Please visit the site and write a comment.

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JUST A THOUGHT — BEAUTIFUL BEACHES/INVESTING IN REAL ESTATE-
Beautiful resorts, great places to eat and the beautiful sandy beaches.
Grab a timeshare and enjoy

INVESTING IN REAL ESTATE IS ONE OF THE MOST PROFITABLE BUSINESS
IN THE US. AW, BEFORE YOU SAY YES. GRAB A BOOK FROM YOUR LOCAL BOOK
STORE ON BUYING AND FLIPPING HOUSES. FUNDING YOUR INVESTMENTS CAN
COME FROM A SECOND BUSINESS A SECOND BUSINESS FOR REAL ESTATE INVESTING
PLEASE COMMENT ON INVESTING. ALL COMMENTS WILL BE POSTED THAT HELPFUL.

First time homebuyers are realizing the American Dream. While renting for
a short period of time is fine building equity, with the tax advantages
is a wealth changing game plan. Homeownership is both wise and profitable
and quite enjoyable.

Below we have posted a few books that great for reading. Also, don’t
overlook audio books. Learn while you travel to and from weeks.

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Create A Website for $1.99/Month

Multiple Streams of Income – 5 Reasons Why You Absolutely Need it

In a nutshell, multiple streams of income means your business has more then one way to make money. For instance, you sell products and you sell services. Those are multiple streams of incomes. Why do you need them? Below are five reasons.

business strategies, growing a business, business success, business success strategies, marketing, copywriting, creativity

I’ve become enamored with the word “multiple,” especially when it pertains to business. I especially like the idea of harnessing the power of the multiple to grow your business multiple times over.

There are a lot of things that can be multiple in a business, but in this article I’m focusing on multiple streams of income.

In a nutshell, multiple streams of income means your business has more then one way to make money. For instance, you sell products and you sell services. Those are multiple streams of incomes. Why do you need them? Below are five reasons:

1. Make money while you sleep. This is a big one for those of us who sell our time (also known as providing services). The biggest drawback to selling time is when you aren’t working, you aren’t making money. So when you’re on vacation, relaxing over the weekend or (gasp) sleeping, no money is coming into the business.

But let’s say you create a product or two to sell in addition to your services. Now you’ve just created a passive income stream (passive meaning it doesn’t require yours or anyone else’s time). So if you are taking a nap or out walking the dogs, money can still be coming into your business. (What a concept!)

2. Leverage your time. This is especially true with income streams that are passive. Basically you’re making money without it taking any of your time. Therefore, you can spend your time doing something else and still enjoy money coming in from a passive income stream.

This is a good way to use your time wisely. (Rather than work for an hour, get paid for an hour, you can be paid several times in several different ways during that same hour.) Continue reading “”

GENERATION Y — ONLINE BUSINESS SCHOOL — STARTING A BUSINESS

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In Case You Missed It: USDA Extends COVID-19 Relief for Single-Family Housing Borrowers

WASHINGTON, July 23, 2021 – United States Department of Agriculture (USDA) Deputy Under Secretary for Rural Development Justin Maxson today announced that the Department is extending the COVID-19 Special Relief Measure for USDA’s Single-Family Housing Guaranteed Loan borrowers.

AudiobooksNow - Digital Audiobooks for LessOnline Business Schools: An Overview of Their Marketing Strategies

If you are a confused student who doesn’t know which school to choose to have the best quality of business education, then fret no more. There are so many ways of finishing a degree in business and an equally numerous number of schools that offer varying programs.

There are so many factors to consider in choosing a business school: first, you have to know if you would like to settle for a degree program or just certificate courses.

There are also post-graduate programs that are being offered; also, what field of business are you most interested in? Is it accounting, marketing, management, banking, and finance?

With these factors in mind (which is enough to make one acquire an instant migraine), you would also have to consider whether you have enough time to allot for your education.

Given that you have the finances to support your education and the guts to finish the course, still, another question is the location of the business school that you have chosen and whether you have enough time to travel to and fro. Looking at this scenario, would you consider enrolling in an online business school?

There are now many online business schools that offer different programs to suit your available time and your needs. These schools are being marketed on the internet in countless forms. Some are done in live presentations while some are presented only during the student’s available time.

There are still a lot of questions to answer when you have finally decided to enroll online. First, how much are you willing to spend?

There are Ivy League schools even on the internet and they are marketed constantly with the most colorful websites and advertising schemes. There are also those schools that could accommodate students who are on a tight budget.

Another question is how much time are you willing to commit? You would be glad to know that there are schools that offer short-term courses which could last just for a few days while there are also degree courses which could take months or even years.

If you would go online, you would notice that there are so many marketing strategies that these schools do to lure students to take their online programs.

Some are highlighting the major achievements and awards that their school has gotten over a number of years. Others show the names of alumni who have marked a spot in business history.

Even major business universities have now joined the bandwagon and are now bringing in students online. Some of these schools include the following famous schools: Stanford Business School, The Sauder School of Business, Georgetown University, to name a handful.

Online business schools are, indeed, a great alternative to traditional schooling. And with so many persuasive websites out there, sometimes it can get confusing.

That is why it is wise to look at the track records of these schools rather than to just fall in love with the colorful pictures of their campus that you get to see online.

It is also sensible to consider their facilities and their values. Once these factors coincide with your expectations, then it’s time to get your credit card or checkbook and start a rewarding course with your school of choice.