About

This is written to help those looking for scam-free ways to create wealth.  Wealth is created not through everyday well-paying jobs, and through investing in the stock market like most think, but through passive income.  Rich is measured in money, whereas wealth is measured in time.  How long will you survive living your current lifestyle if you stopped working today?  Ponder on that for a moment.

To get there you will see that there are only two routes, save as much as you can and invest it, or use other people’s time and other people’s money, to work for you while you are not working.  You must think like the people on top think.  Think about real estate.  There are three tiers of people (those who rent, those who own, and those who make money off of renting or selling to others).  Think about the internet.  There are those who surf and buy, and those that advertise and sell.  Or loans (those that get financing, and those that finance others and get paid interest).

Generating income while you sleep doesn’t happen over night obviously.  It takes work and dedication, but mostly, it takes education.  It is not hard to learn.  You don’t need to be a genius.  And I wouldn’t exactly call it hard work either.  In fact, most people that get paid passive income start out doing it for themselves to gain the knowledge and then outsource the work to others to sustain growth of their income.

Some methods take more capital to start up than others, but in every passive income field, there is a very low priced starting point and very low priced education.  As with every investment, you should consider your COCR (cash on cash return).  Which is better?  Buying a franchise for $2 Million and receiving $200,000 profit each year after, or putting down $200 and getting a $2,000 profit in 1 year?  One takes 10 years to cover the initial investment, and the other covers it ’s initial investment plus 9 times more in the first year.  So think about how much cash you are putting down (that determines your risk) and how much cash you calculate on getting back.  The resulting percentage is your cash on cash return.