The book of inspiration

March 16, 2011

Money grows in a field. Its made of cotton.

Filed under: life — Tags: , — zproxy @ 9:30 am

“A job is a short term solution to a long-term problem.” – Robert Kiyosaki

The #1 difference between rich people and the middle class, is that while the middle class works for money, the rich make money work for them.

There are three types of income:

  1. Earned income – Your Salary (50% taxes)
  2. Portfolio income – Dividends from your assets (20% taxes)
  3. Passive income – Commisions and revenue (0% taxes)

Listen to: Types of Passive Income Generated Online Part 2  by Pat (Part 1) (Part 3)

[...] Often times while pipeline builders is building their pipeline they are getting laughed at because they aren’t making any money.

[...]  if you are going to work hard, why not work hard to earn “Passive Income“.

See also:

The Shocking Blue Green Theme. Blog at WordPress.com.

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