5 Forms Of Income

5 Forms Of Income

Learn more at br br Hey, good morning, Roy here. Thought I'd just have a quick talk to you about income. Income is very important. It's like air, it's like blood supply. No income, very hard to do the things you want to do and I want to talk to you about five income streams. As most of you know, I have 69 income streams so obviously, there's a process and once you work out the cookie cutter on how to do this process, things change. br I want to talk to you firstly about why and it's very clear to me, and I deal with people from check out chicks at [inaudible 00:00:36] right through to people like judges and people with all sorts of professional income, but the bottom line is the same. When you can't do this work, your income stops and what I really want to ask you very clearly what would happen if your income stopped, and obviously, the answer comes to that's why people become pensioners and then they're reliant on the government to try and have them survive, which is a terrible situation. It's very hard to live on $35 a day for everything, so it's scary stuff. However, it depends how scared you are and whether you really want to do something about this. br You may recall that on our four step process, we look at income first up, then we look at number two being your debt servicing and your expenses. Number three, we help you build assets that create income, that number four, to get to our financial fortress. Now, seems like a simple enough process. Not easy, there are no guarantees on anything, however, as you'll notice, all of those four things require income. They require the ability to create cash flow. Very simply process, it's just that most people unfortunately work with one simple process and that is swapping their life for money on an hourly basis, and while that's a great plan to start with and I'm not against people having jobs, it has no final solution other than to become a pensioner. br Now if that's your plan, well it's not an issue and this really won't be very exciting for you and all you need to do is get ready to become that pensioner, and I even ... I know it's a bit of a joke and it's there more for shock value, I say to people if that's your plan, I'd go on the dole right now and start practicing so you get a handle on what that is and you don't have to do anything. I know that's like kind of a Google slap if you'd like, but only through shock comes change for people. br Here's the plan that I want you to really look at and that is that you can add two income streams in the first year. They can be simple incomes, whether that's a property trading business or it could be a business itself, it could be share trading. There's many, many ... In fact, I know of 186 different income streams, none of which you work for the money, the money starts working for you and this is not easy. This is not a get rich quick scheme. This is not get wealthy overnight.


User: OneLife_Quantum

Views: 2

Uploaded: 2019-04-15

Duration: 07:12