Passive income versus active income
Active income is best described as having to continually work,
trading hours for dollars, in order to maintain that income.
Passive income means that, in time, you don’t have to physically
do the work but you can still maintain the income.
Given the choice, most people would prefer passive income
over active income. The majority of people think of passive
income in terms of the royalties paid to recording artists and
authors, or the returns on investment of property owners
and shareholders. Further to these are the entrepreneurial
business owners who derive large passive incomes from their
businesses. In some cases passive income can be established
without much effort; in other cases a certain amount of work
may be required to maintain the flow of passive income. There
are different models, but the concept is the same—do the work
now to build a long-term income stream.
Passive income gives the recipients choice; they are not tied
down to working hours for dollars but are in the unique
position of having control over what it is they want to do with
their time. Passive income provides the opportunity to have
greater control of what you want to do in your day—if you
want to play golf, you can play golf; if you want to do some
work, do some work; if you want to go off on a holiday on a
whim, then go. Passive income represents control, freedom and
lifestyle.
Network marketing is a great opportunity to establish
passive income. Many people who built successful network
marketing businesses now enjoy the passive income they bring.
To get to that point required effort and commitment, but the
end result is worth it.
How To Find out Best Network Marketing ? how to select a fully Legal MLM Company ? What are the criterias for a Company to be a good choice for network marketing ? What is the importance of Management Team & advisory Bord ? Which is the best & Strongest income plan Today in MLM industry ? How to select a stable MLM plan ? How to select a Right MLM company at Right Time With A Leading Team? HERE IS ALL THE ANSWERS OF ABOVE QUESTIONS
Active income is best described as having to continually work,
trading hours for dollars, in order to maintain that income.
Passive income means that, in time, you don’t have to physically
do the work but you can still maintain the income.
Given the choice, most people would prefer passive income
over active income. The majority of people think of passive
income in terms of the royalties paid to recording artists and
authors, or the returns on investment of property owners
and shareholders. Further to these are the entrepreneurial
business owners who derive large passive incomes from their
businesses. In some cases passive income can be established
without much effort; in other cases a certain amount of work
may be required to maintain the flow of passive income. There
are different models, but the concept is the same—do the work
now to build a long-term income stream.
Passive income gives the recipients choice; they are not tied
down to working hours for dollars but are in the unique
position of having control over what it is they want to do with
their time. Passive income provides the opportunity to have
greater control of what you want to do in your day—if you
want to play golf, you can play golf; if you want to do some
work, do some work; if you want to go off on a holiday on a
whim, then go. Passive income represents control, freedom and
lifestyle.
Network marketing is a great opportunity to establish
passive income. Many people who built successful network
marketing businesses now enjoy the passive income they bring.
To get to that point required effort and commitment, but the
end result is worth it.
How To Find out Best Network Marketing ? how to select a fully Legal MLM Company ? What are the criterias for a Company to be a good choice for network marketing ? What is the importance of Management Team & advisory Bord ? Which is the best & Strongest income plan Today in MLM industry ? How to select a stable MLM plan ? How to select a Right MLM company at Right Time With A Leading Team? HERE IS ALL THE ANSWERS OF ABOVE QUESTIONS
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