Passive Income, What Passive Income is Not! Is it for You?

Passive income, we have all heard of it.  It’s that income that pays you while you sit at the beach or play with your kids.  We think it is very easy to create passive income.  It’s passive, right?  It is supposed to be easy to create.  One thing passive income is not is easy to create.

Why is this?  On of the reasons residual income isn’t easy to create is that we aren’t trained to earn that kind of income. We are told that it’s difficult to obtain.  Many people believe that it’s even evil.  The only kind of income that we should ever make is money made working for someone.  Actually employee income is the worst kind of income that you can earn.  It’s also the easiest.  Someone has already done all the hard stuff.  All you are doing is plugging into a position that has already been created. 

There are several ways to make passive income.  Some of them are rental income and other kinds of real estate income.  There is affiliate marketing or network marketing.  There is royalties from writing books, songs, movies, television shows, etc.  They are all ways of earning residuals because you do the work once and get paid for it over and over again.

However, let’s dispel some myths and set realistic expectations before you go down a path that doesn’t fit you.

Generating a passive income is NOT easy and it takes a lot of hard work.

Nothing in life is easy.  Making money passively is no different.  Many conventional marketers and entrepreneurs will try and persuade you to think otherwise.  They are trying to make money by building false hopes in you.  I have had all kinds of businesses and having a business is hard work.  I will help you all I can, but the action is up to you.

Generating passive income will NOT happen overnight.

You have probably gotten a lot of get-rich-quick schemes thrown at you.  It takes about a year of hard work in order to generate enough income to support yourself and your family. You can do it quicker but don’t count on it.  However, it’s much better than the 65 to life plan when you work for someone else.

Generating passive income is NOT impossible.

It’s not just a dream; you can do it.  The economy isn’t what it used to be.  The jobs aren’t out there like they were before all the schemes to globalize the world.  You can still have your dream life with passive income if you are willing to learn the skills necessary to achieve that great lifestyle.

I am taking 10 people on the journey of a lifetime into world of passive income.  If you want to see if you qualify for this journey go to www.incredibletransformation.com, give us your information so we can see if you qualify.