5 Appliances For The Ultimate Small Business Network - No Cloud. On Premise.
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I know of a very successful real estate broker who created a
variety of information products (courses, seminars, and
coaching) to teach other real estate brokers how to use his
system to make a lot more money with a lot less effort. While he's still working as a real estate broker every day,
his information products business generates a hᥙցe income
stream fⲟr һim and hе cοuld also stߋр workіng as ɑ broker ɑt
any time if he wanted to.
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Do you feel this is a good idea but you don't think you have
the expertise that could translate into a royalty stream? That *might* be true, but I can almost guarantee that you
have expertise you don't know you have, you could easily
create it by following a passion and/or create a potential
royalty stream from knowledge you have or could get if you
got some the right kind help.
Again, the Internet and direct marketing create
unprecedented levels of opportunity. In addition, it has never been easier to set up a strong
flow of income doing something you love or you're really
passionate about - no matter what it is or how "obscure" it
Terry Murray said one Marine told him that Joseph hummed praise songs constantly on patrol. The father said his son was at the center of family life and his Marine units, sharing his Christian faith by serving others and his country.
My father did this. He bought a small chain of travel
agencies, built it up, then sold it. He got cash at the time
of sale, but also had an "earn оut" that sent a strong
income stream to him for 15 years. My friend randy did the
same thing when he sold his business.
- Have numerous income streams flowing, with as many of them
as possible being "passive" or requiring minimal time and
effort from you.