99.9% of the world’s population starts their income with active income. They then move from active income to passive income. Active income is the income received or earned through active rendering of benefits and meeting of needs in the form of goods and services. Active income stops the day you stop rendering goods and services. Passive income starts flowing for you at that moment. It would not flow if you have not done the necessary things you need to do. Passive income is the income earned when money is the one working for you.
On Make Money Online Nigeria, we will teach you how to make active and passive income through the internet. It is not a one day teaching though, you will need to subscribe to our RSS or subscribe with your email address to learn how to make income on the internet steadily. What we are doing today is just an introduction to prepare you for more updates.
There are three classes of people in this world. They are grouped as regards their potential as follows;
Class 1: 60% Money Making Potential, 50% Managing Money Potential and 25% Multiplying Money Potential
Class 2: 75% Money Making Potential, 50% Managing Money Potential and 20% Multiplying Money Potential
Class 3: 90% Money Making Potential, 95% Managing Money Potential and 98% Multiplying Money Potential
Where do you fall?
A larger percentage of the populace falls into class 1. Robert Kiyosaki will call class 1 the employees and short term investors; class 2 the self-employed and short term investors and class 3 the business owners and long term investors. If you want to move from active income to passive income, you need to walk your way from class 1 to class 3.
What to do
Before we update more on how to make money on the internet, you need to get to work now. If you do this, it is to your own benefit. What you need to do is this,
1. Subscribe with your e-mail for updates
2. Get a sheet of paper and write out the following headings;
This is how much income I make now.
This is how much I save now.
This is how much I invest now.
After you do this, find the percentage of each from your total earnings. Then write the following heading also;
This is how much income I want to make in the next 6 – 18 months.
This is how much I save in the next 6 – 18 months.
This is how much I invest in the next 6 – 18 months.
The answer you give to the above headings should reflect that you want to move into class 3.
You should not get to work in order to make your dreams a reality. To help you achieve this, I recommend a book titled “Multiple Streams of Income: How to Generate a Lifetime of Unlimited Wealth!
To learn more about generating Active Income and/or Passive Income, please read through our previous posts or through the related posts listed further below. You should also subscribe with your email, RSS, follow me on Twitter, become my friend on Facebook and become my fan at www.facebook.com/jadesojiadegbulu so as to get more posts about delivered to you as soon as they are made available here.
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To your success
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