Thursday, August 21, 2008

Are you carrying buckets?

In the "Rich Dad, Poor Dad" book Robert Kiyosaki gives the example of someone carrying buckets to supply a town with a water and another person building a water pipe line to carry the water. It took longer for the pipeline to be built but once it was done - the money would continue to come in with or without him. What are you doing? Sadly most people are carrying buckets. They are getting paid based on the hours they work. Even if you are a highly paid surgeon or attorney your income is still limited by the hours you can work. Everybody has been taught to think the harder you work the more money you make. What if that's completely wrong? What if it's the smarter the work, the more money you make? Personally, I prefer to work once and get paid over and over and over again. And there are lots of ways you can create recurring revenue for yourself. It could be via royalties from an invention, a song, or a book. It could be from network marketing. It could be from real estate. It could be dividends from investments. Or it could be from a multitude of other ways aside from the typical 9-to-5 grind.

legitimate home based business

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