Passive Income, How Much do You Need to Believe in Yourself to Achieve a Passive Income?

“The only thing standing between you and your goal is the BS story you keep telling yourself as to why you can’t achieve it.” Jordan Belfort

Jordan Belfort is known as the “Wolf of Wallstreet.”  I have never seen the movie.  It’s got way to much depravity and obscene language in it for me.  Jordan Belfort was one of the biggest players on Wallstreet.  He commanded a huge amount of money at one time.  His net worth was somewhere around $200 million.  Until it was found out that he was a fraud.  His get rich schemes finally landed him in prison.  He spent 22 months in prison and had to pay back over one hundred million in restitution. 

While he was in prison his cellmate was Tommy Chong.  He encouraged Jordan to become a motivational speaker when he got out of prison.  That is what he did.  Jordan is now a sought after motivational speaker around the world. 

What does all of this have to do with achieving a great passive income?  Exactly what are you dreams and goals in life?  What is it that you want to achieve?  Are you achieving your goals in life?  All of those questions need to be asked.  If you aren’t achieving your dream that means that you aren’t doing something that you should be doing. 

Passive income is one of the best ways to make you dreams come true.  But you have to grow and stop telling yourself all the stories about why you can’t achieve those dreams.  We all have those stories.  I’m the queen of telling myself that I can’t achieve or I can’t do things because I’m not good enough or people won’t respond to what I do.  I tell myself these stories all the time.

What do you tell yourself?  What kind of story do you have in your head that has been running around in it for so many years that you can’t remember?  I know that I have had these things in my head since my parents planted them there.  I was never good enough.  I could never be good enough or do enough to make them happy. 

Some people react to that abuse by trying to prove their parents wrong.  I didn’t do that.  I just went along and became what they wanted me to be; a person that never achieved my dreams and goals.  But no more.  I’m not going to tell myself any more BS stories about what I can or can’t do.  It’s time to achieve my dreams and I’m going to use passive income to achieve them.

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.

Residual Income, In Order to Be Successful Making Residual Income You Can’t Ring the Bell

What do I mean, “Don’t right the bell?”  When you go into a business that pays a residual income it can be very difficult to make the transition.   That’s because you are making income in a completely different way.  Employee income is trading time for money, residual income is trading effort for money.  It’s a totally new ball game.  However, if you master the art of residual income it can be a very rewarding experience.  You just have to stick with it and not ring the bell.

So few of us have ever even made it close to becoming a Navy Seal.  We have heard of the training that it takes but few make it through the 24-month training.  The SEAL candidates are exposed to the worst imaginable tests in the 24 months to see if they can push their minds and bodies beyond the limits of their capabilities.  One week is called hell week where the SEALS are not allowed to sleep and are put through tests that keep them cold, muddy, and wet the entire time.

Once they are done with Hell Weak, the training doesn’t get much easier.  The recruits go on for underwater training in San Diego for scuba and drown-proofing; in the mountains of Southern California for rappelling, mountain climbing, explosives, small-unit movements and tactics; and San Clemente Island, Calif., where they take a final land-warfare exercise in a real-time environment.
This means graduation from BUD/S. After graduation, its on to Fort Benning, Georgia to learn the basics of static-line parachuting, followed by 15 weeks of SEAL Qualification Training (SQT) before a final three weeks of Extreme Cold-Weather Survival.  They are sent to Kodiak, Alaska where they must survive three weeks in the cold. 

All of this training teaches them two things.  Number one, the resilience of the human spirit.  The mind and the body will almost give up in these extreme circumstances but the spirit keeps them going.  Also, they learn to rely on each other.  They need each other to keep themselves going during the weeks of torture and training.  All the time there is a brass bell in the middle of the training grounds.  All they have to do is ring the bell and they can quit no questions asked.  Over 70% of all SEAL candidates quit before the end of Hell Week.  

When something gets difficult for you, what do you do?  Do you quit when the going gets tough?  Do you get ready to ring the bell and just give up?  That is the problem when you go to making a living with residual income.  We give up before we get our breakthrough.  SEALS get a mindset that follows them the rest of their lives.  What’s your mindset?

I am taking 10 people on the journey of a lifetime into world of residual 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.

Passive Income, Can you Market to Friends and Family and Make a Great Passive Income?

You just signed up for a network marketing company.  They told you that if you just get two friends in and those two friends get two friends you can make a great income.  Then you are told to write down a list of 100 friends and family that you know and they will show you how to market to them.  Does this ideas work as a way to make great passive income?

There are a few reasons why this scheme might not work as a way to make a passive income.

1.    Your friends and family are not targeted for your product or service.

Your friends and family are just that, friends and family.  They may not be the right people to get involved in your business or opportunity.  Why, because they just aren’t interested in it.  They may love you, but they don’t want or need what you are selling.  That’s okay, if they aren’t interested just travel on.

2.    Can you build a big passive income business with only 100 people?

What is the one institution where people commit to love, honor, and care for each other the rest of their lives?  Marriage!  We spend thousands of dollars on weddings, months of planning, and lots of headaches to marry this person that we just know we are going to cherish for the rest of our lives.  What happens?  Over 50% of these commitments end in divorce.  If that commitment ends in divorce, how many people that join your opportunity will also quit?  You need more than one hundred to build a six-figure passive income!

3.    Your friends and family could be difficult to convince.

Your friends and family could be a difficult sell.  They know you in one particular way and now you are going to do something different.  I might be difficult to get them to go along with you.  Even Jesus had trouble in his hometown.  How much trouble do you think you will have?

There are plenty of ways to get prospects that are interested in your product or service.  There is article marketing, social media, banner ads, solo ads, and PPC just to name a few.  You need thousands of interested people in order to have a great passive income.

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.

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.

Passive Income, What is Your Vision? Vision is a Must When Making Passive Income

Passive income, it’s what we all want right?  We want income that we make once and it pays us over and over again.  It’s a great way to make money.  Why not just sit on the beach and have money flow into your bank account?  The problem is when it comes to making passive income you have to have a totally different mindset.  You must have a mindset that will get you through the rough patches, and there will be some along the way.  Earning a passive income isn’t as easy as you think, but it can be done with the right attitude.

I recall a story of a ship that went down at sea during WWII.  There were 300 men that were thrown into the ocean.  They were stranded in the ocean for six days and finally nine of them drifted off from the other 291.  A young officer observed that the men were losing heart.  He tried to bolster the spirits of the nine men by asking them questions about their families and their hopes and dreams for the future.  He asked them how they thought their family would feel if they were never to return.  He gave them hope and a vision for the future to help them survive the ordeal.  A bomber finally spotted the nine men and they were rescued.  The rest of the men perished at sea. 

Could it be luck?  Were the other nine men just in the right place at the right time?  That could be part of it.  I believe the biggest reason that these nine young men survived was the hope and vision the officer gave them by constantly asking them about their families and future.  He gave them a vision for their future that kept them alive long enough to be rescued.

The Bible says, “Where there is no vision the people perish.”  What is your compelling vision for life?  What are you willing to live for?  What are you willing to die for?  Because the world we live in lacks vision you need a big compelling vision to make a passive income.  It’s normal to work for a living.  That is trading time for money.  When you start making passive income you are trading effort for money.  It’s completely different.  Sometimes it takes a lot of effort and work to begin a business that allows you to make a great passive income.  Will your vision see you through?

It’s so easy for us to return to what is easy.  We don’t think that it’s easy to make a living working for someone else, but believe me; it’s the easy way out.  Having your own business making a passive income is difficult but the rewards are so worth it. 

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.