Start earning now ..build your passive income
all those who are working can be divide into two halves and four major categories :-
employee business man
self employed investor
(left side- ) (right side)
No passive income with passive income
There is a difference between an entrepreneur and an employee that entrepreneur puts Less efforts to keep generating more income but an employee get paid until he works or keep working ,you take any profession rather it be a CA ,doctor ,or any employed or self employed ..they get paid only until they are working
But a business man develops a kind of system in which income keeps generating ,whether he is working or not
He built a sustainable model with network of people and ideas that keeps generating income for him.
Now you would be thinking where to invest ,,Invest in brain that is the best investment.
You might be thinking that you save money every month ,but nobody has ever become rich by saving money .
Because inflation is a taxation without legislation.
To explain Inflation is eating away the actual value of your money ..daily your saved money is decreasing its value…
You must be thinking how ..
If inflation is 10 % and your return on investment is 6 % that means your value is getting degraded to 40%
For eg. If you invested 100 rs in 2019 and after 10 years your return is 269 rs in saving account but if you dduct tax out of it it comes out to 196 ,and if you decrease inflation it comes out to be 117
That’s why they invest not in market but in brain to build an empire an passive income,because market is something which you are cannot control ,but you can control your brain
Warren buffet has two rules….
Never loose your money
second rule never forget rule no 1
if you think you are investing in bank and your money will be safe ..no its value is decreasing ,do you know any business man who keeps money in bank …you might know and accept the fact that the Business man take money from bank and put them on themselves and their business,they don’t put money in bank
bill gates said , If you are born poor not your mistake but if you die that is your mistake …
you know why that is your mistake ..
because you didn’t invested on yourself
you were satisfied in your comfort zone
you preferred sleeping ,watching movies ,taking rest on Sundays ,
so stop committing mistakes …invest on yourself …start building your passive