Sitting back and enjoying the fruits of your labour is a concept most of us dream about yet very few achieve. We plough hours and hours of effort into a business, whether a boss employs us or we run it ourselves, yet if we had to stop tomorrow, the bills would not longer be paid and the pantry would run out of edible objects.

So there is a crossroad - a paradigm, if you will - that we find ourselves at. Do we continue to invest a day that we can never recoup into a business that can't afford to sustain us if we don't?

Hopefully the answer is 'NO'.

If it wasn't then skip the next section and answer the details addressing the surgery you underwent for the removal of your frontal lobotomy.

Otherwise, continue reading as we address the possibilities for generating a passive income that survives your lifetime and may even be part of your estate when you leave for greener pastures.

A passive income is exactly what the phrase suggests. After creating a product or service, sales are ongoing and generate an income that far outweighs the time and effort necessary to start its serviceable life. It could be writing a book, producing a music album, starting a franchise, developing software or inventing a patented product or registrable trademark.

Whatever it is, the income that flows into your bank account comes with no strings attached and no further effort is needed. So how do you get to that point where a $Gazillion is within your reach?

Continue reading "Passive Income - Finding that Gazillion dollar product" »

Posted by Stuart at 5:57 AM | Permalink | Comments (2)