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If you want to retire young retire rich, it is very important to know where your income is coming in, and what you should really focus on in your business.
As with McDonals Corporation, where Ray Croc said, “My business is not hamburgers. My business is real estate.” The sooner you can shift your work or business model to create more passive residual income, the sooner you can retire young retire rich. |
If you seriously want to be earning extra income and work less and be able to take time off whenever you want, you must start creating multiple streams of passive income that do not require your direct involvement.
Build Residual Income
Passive residual income is the type of income that you can earn when you put in one time effort or work hard once and get paid for the rest of your life or over a period of time, whether you have to work on it anymore or not.
This means you invest your time or money once and then get paid regularly over a period of time.
With passive residual income you work hard once and it unleashes a steady flow of income for months or even years.
You get paid over and over again for the same effort. Check out our articles about adsense revenue and adsense income for a clearer picture on this.
According to Mark Victor Hansen and Robert Allen in the “One Minute Millionaire”:
Prosperous People have always known two truths:
1) The Importance of Having Multiple Streams of Passive Income
2) The Power of Passive Residual Income
Do you now see the difference between linear and residual income?
With our experience, one of the way to build residual income is to have a good internet income blueprint.

Build Residual Income NOW!
You will start shifting your income streams from linear to residual if you are smart.
The secret of those who are rich and wealthy is not because they have more money but that they have time freedom!
The trick is making money work for you instead of working for money.
And according to law of normality, non of the rich people that I know survived on a “job”.
Build residual income, starting web based business may be a good idea, as this is a low startup yet highly profitable sector.
Build residual income, the sooner you start, the better chances you could be retire young retire rich!
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