The first consideration is whether you are talking about a few quick bucks or whether you actually want to build wealth.
There is a big difference.
This article is about the fastest way to make money, however, it is important to note that having in your possession a system or a "way" to make fast money is often more valuable than the few quick bucks you made.
The "way" you make it is the important point, so lets consider a few things and criteria about the "way.
" * It must be fast You may think this is obvious because after all, there is no better money than money in your pocket a.
s.
a.
p However there is another reason relating to SOR or speed of returns.
In the first place, a system that you created to generate an income that does so in a rapid manner is actually reproducible.
You can do more with a system that returns rapidly and that means you can introduce leverage which speeds things up even more.
Also, rapid returns means your business or system will transcend the "few quick bucks" mode and launch quickly into the building wealth and a lifetime career mode.
* It must be simple A robust game plan is a simple one.
You must understand it in your own mind and literally see how the income will be derived.
By understanding the value that you offer for the money you will get, it makes it easy to go forward and generate the income you want.
* It must contain time leverage There are many types of leverage, including money leverage and people leverage as the other two main types, but time leverage has special qualities.
Your income system must be capable of running on its own without you.
Look at it this way, if you could set something up in 20 minutes, that generates just $4 dollars a day on a passive income basis, all you have to do is spend another 500 hours to create $4000 dollars a day, that is an excellent income, but it can only be done if you have time leverage.
previous post
next post