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If you are looking for ways to earn extra income from home, there are many options available. You might try selling some items on Ebay. You might teach music lessons or start a pet sitting service. If you are good with numbers and finances, you might accept some bookkeeping clients.
There is a major problem, however, with these types of self employment ideas. Your income will now 100% reliant on your ability to work. If there are not enough hours in the day to complete the work, you may have to work six days a week. Maybe seven day a week. Need to take some time off for a vacation or family issue? Get ready to lose income for the days you are not working.
In Robert Kiyosaki’s bestselling book, The Cashflow Quadrant, we learn that employees and self-employed people are limited by the amount of time they can work. Since nobody can work 24 hours a day, there is an inherent limit on income potential.
On the right side of Kiyosaki’s cash flow quadrant are business owners and investors. These types of people have incomes that do not rely on the physical exchange of time for money. They have created systems that leverage other people’s time, talents and skills.
These types of systems create income for the business owner/investor, no matter the time of day, no matter the location. This type of income may be referred to as ‘passive’ or ‘residual’ in nature.
A foundational concept for building wealth is that money must be harnessed to work FOR the owner. A traditional method for harnessing money for income is real estate investing. There is no doubt that real estate is lucrative; however, most investors will need access to large credit lines. They will also need to have substantial liquid cash reserves, for lending requirements and day to day operations.
If you do not have the credit and cash needed for real estate, there is another way to create passive income, leveraging the skills, talents and time of others. It’s called Network Marketing.
Don’t want to chase friends and family, convincing them and selling to them? Me neither. My company of choice is Success University, an MLM company that is global and Internet-based. There are no physical products to purchase or store.
Success University, an mlm premised on the power of personal development, is accessible to virtually anyone. Even without previous Internet marketing experience, you can begin creating extra income for yourself, on less than $2 a day. Success University, by definition, will train you to succeed. And in training others to succeed, your income will grow.














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