No matter what economic class you are in, upper class, middle class, or even the lower economic class.  Passive income creation is important in today's economic situation.

You're all are equal if you are trading your hours for dollars.  If your job gets cut, sent over seas, or gets downsized, your income goes to ZERO. 

This is true of all income brackets.

So let's correct this problem with a few simple steps that anyone can do.

First, let's look at all the ways that people can earn money in today's economy.   Then we will discover how you can simply and quickly begin to build your own passive income protection streams.  

Ready..., it simply boils down to this.

You can only earn money in one of three methods:

1.  You trade your hours for dollar.  This is what 95% of us do and there is nothing wrong with it.  This country was built on this type of hard work.  It is admirable and worthy, but it will not make you financially independent.

Even the upper middle class making $200,000 dollars or more per year are still no better off.  They still have to get up in the morning to go and make that money.

If they get sick, or one of the children get sick,  then they have to take off work. If this carries on for a length of time and they run out of sick time or leave time,  then they will not get paid for their time off.

They may be earning large amounts of money per hour, but if they can't put in the hours, then they are trapped.

2. You can earn dollars for dollars.  What we call investing.  This is a great tool for putting your money to work for you.  The downside is that most of us do not manage our own investment account. We do not have the time because of our regular job or our second job. Therefore, we can not respond to market changes as readily as we should.  Thus, we end up in a situation where our portfolios take a nose dive during a recessive market.

3. You can earn residual income.  You can write a book, or a song, and make some good money.  Every time your song is played you get a percentage.  You do the work once and you get paid over and over.  This is my favorite method.  But I am no song writer.  It really amazes me to think that Elvis is still Making Money on his songs.  I guess I should say his family/estate is still making the money.

4. This brings me to my next point.  What if we can combine all three of these methods into a simple productive arrangement?  Let's take "no.2", (a little investment money), along with "no.1" a (little bit of knowledge and actual physical work) to create a "no.3" (a modified residual income stream) Does it sound crazy?  Let me explain how this works for me and how this system will work for you  

Okay, let's combine all three. 

I am going to call this a "system" for now.

And Our Goal of this system is to increase your income by 20% - 50% per week over the next 12 months. (Please note this is a goal and not a guarantee of income.  This is not some get rich quick type of program.)  

But imagine a $100.00 investment compounded at 20% per week for 52 weeks. That comes to $1,092,000 over the course of 52 weeks. That is the power of what we are talking about here. Simple systems that yield small results in a short length of time create great wealth over time.

Now, before we get started, Lets take a very quick journey through time, because this is what makes this possible. Think about these as we go.  Ready!

When this country was founded, the settlers did not step off the boat and say, here I am ...Give me a Job".  No, they created a living out of being productive.  They were farmers, they were carpenters, cobblers, butchers, bakers and candlestick makers and the list goes on.  They made a life for themselves with a skill that they new.  I guess you could say many were self employed.

The industrial revolution gave workers the opportunity to work for some one else.  Work for hire.  High productivity at a very low wage allowed the factory owners to create wealth from the efforts of others.  They leveraged the hours of others for their gain.  This still goes on today.

They in turn invested their profits, and created even more wealth. See number 2 above.

At some point in time the stock market was created. This is another vehicle for putting your money to work for you.

So in a nut shell, these savvy people have been using these same simple principals to create wealth. 

Here is our next point. Let's look at today's distribution market.  All Goods and services flow through a channel of distribution.

Manufacturer-- Distributor--Wholesaler--Retailer--Consumer.  I am sure this is no news to you.

Wal-mart was created by Sam Walton who realized he could save the consumer money.  He purchased goods directly from the Manufacturer to put in his retail stores and cut out the middle man.  He made profit and the consumer got a discount. 

Due to the advancement of the internet, every manufacturer is looking for more cost effective ways to promote their products.  That is where you come in, if you have a website, or a blog, or even email, you can use the power of affiliate marketing to create income streams that produce on auto pilot and all from your home computer.  Plus you can do this with many products that you currently use.  Not all, some retailers have not caught on yet!

Here is one example: Let's say company ABC International sells widgets to retail customers through their website. That product cost the customer purchasing the widget $50.00. In order to sell more of these widgets ABC International agrees to pay an affiliate advertiser a 20% commission for the referral to their website for that product. Now let's say that you spend $100.00 on advertising and 386 people go to the website and only 10% purchase. That means that 38 people bought and you made $10.00 each for a total of $380.00 minus your expenses of $100.00 means you profited $280.00 or 180%. Not a bad return on your investment. What makes this even better is that there are many companies and products with even a higher commission rate.  

When you combine this with a training and a coaching program that shows you where to get free advertising and free promotional programs, you should easily be able to create many simple systems.  

I know this works because, you see, I did not learn this on my own.   These simple principals are just the beginning to what you will learn inside Maverick Money Makers.

With Maverick Money Makers Program there is no way you won't start making money in your first month if you put the tutorial to work: Join The Maverick Money Makers Club

maverick Money Makers Club is a members only program which you should seriously consider if you intend to make a living online: Click For More Info

Share and Enjoy:
  • Digg
  • del.icio.us
  • Facebook
  • NewsVine
  • Reddit
  • StumbleUpon
  • Google Bookmarks
  • Yahoo! Buzz
  • Twitter
  • Technorati
  • Live
  • LinkedIn
  • MySpace

Tagged with:

Filed under: Passive Income

Like this post? Subscribe to my RSS feed and get loads more!