I was at one of our rental properties
earlier today and decided to shoot
this short video.
One of the key differences between
employees and entrepreneurs is the
manner in which their income is derived.
Employees earn wages, while an
entrepreneur makes profits.
Once a person grabs hold of this
concept, the next step is creating
systems and assets that generate
ongoing passive income.
In the case of my own business,
I use software royalties, rental
properties, network marketing,
affiliate marketing, consulting
retainers and subscription
based websites.
Each one designed to passively
create a profitable stream of
income that is not based on
my time, but on the value created
by the asset or system.
Want to learn more about developing
a passive income system for yourself?
Become a student…
