Your job is probably the only income stream you’ve got.
And here I am, saying that it’s a bad way to earn money.
There’s a method in my madness, keep reading to find out why…
Imagine having multiple streams of income…
How much difference would that make to your life?
Right now, you’re probably thinking, “Hey! I’m struggling with just the one stream of income – which for me is just my job… How can I possibly have MULTIPLES of these?”
Well, that’s your first problem… You’re thinking of income in relation to earning money working.
That’s not multiple streams of income thinking – that’s employee mentality.
So the first thing you need to change is your thinking about how money is earned before you have any chance of creating multiple streams of income.
Do you get that?
Me, you, Rupert Murdoch, Richard Branson all have one thing in common…
We have the same amount of time, 24 hours in the day – that’s it.
That’s when I got it personally… It’s all bout leverage and understanding that working has it’s limitations.
So you have to stop thinking what you’re worth per hour and start thinking the amount of money you want to earn and completely drop that “hourly thinking mentality”.
Whilst we’re here, here’s a few other things you need to drop.
Your weekly thinking mentality…
Your monthly thinking mentality…
…and your Yearly thinking mentality.
Once you’ve done that, then you can start seriously thinking multiple stream of income.
Let me ask you another couple of question that will dramatically help you shift your thinking.
Do you clean your own house?
Do you do the washing?
…what about washing your car?
Well I’ve got great news for you…
STOP DOING THESE TASKS!
I know what you’re saying, but I save money if I do it myself. You probably also are saying, “I actually enjoy it.”
But let’s face it, you can get all of these things done for about $20 an hour.
Your time is worth more than that, and when you stop thinking about earning money on an hourly basis you’ll start appreciating this a lot more.
That’s how you go from $20 an hour to $100 an hour and beyond.
But what comes first? The money or the action?
You know the answer to that – don’t you?
You do the action first, and then the money follows.
That’s all for today, I just want you to get your head around creating multiple streams of income and where you begin.
Tomorrow, I’m putting together a thought-provoking article about real estate.
Let me ask you a question…
If I have one investment property, how many income streams do I have?
P.S. The answer to the question is not one. Can you figure it out? Let’s see.