Skip to main content

Types of Income: Explained...

There are a million and one ways to make money.

There are plenty of methods to create income. You can have a job, have a business, have income producing assets, or even "sit on the system." Funny thing is, even with all the methods of creating income there are only two primary types. These are active and passive. Sounds simple right?

Let's dig deeper..

If you haven't heard of passive income, don't feel bad. Most haven't. Most school systems only teach active income. I graduated # 16 student in my high school class and #11 in my college class AND I was in the school of business! I'm not saying that to brag, I'm saying that to show you I paid attention in school. I didn't hear about passive income until I picked up my first Robert Kiyosaki book. Crazy right?

Ok, chances are you already understand and are participating in active income. If you create your income actively, it means you have to perform some sort of task to get your money, EVERY time. If you're having a challenge figuring out if you income is active or passive, I'll be glad to help you.

If you don't do what you did today to make money, will you still get paid tomorrow?

If you said no, you create active income. You have to perform for your money. Wouldn't it be cool if your money had to perform for you? It can, that's exactly what passive income is. Creating passive income develops a system that makes your money work FOR you. Would you rather work? Or make your money work?

One of my favorite authors, says your money should have an occupation. He says your money should leave and come back with friends. Wouldn't that be great?!?! If that sounds good to you, find a way to get the money working FOR you!

Dig deeper on this subject. Learn for yourself.

You'll never look at money the same way ever again.

Let's get to work..


Popular posts from this blog

Racism and Police Brutality

I know a lot of people have racism and police brutality on their minds now more than ever. Some are complaining about it and some are  actively thinking about how to fight it. Maybe you are as well. I hope you are. All it takes for Evil to triumph is for good men to do nothing.. Have you considered how to make the Black community more powerful, so we can have a stronger voice in society? Have you thought of getting into financial shape, so you have a business or generational wealth to pass on to your children? What about the Black dollar? Have you thought about ways to keep the TRILLIONS of dollars we spend every year circulating within the Black community? These are the questions I’ve been thinking about for years and here’s how I’m putting in the work to make big things happen for our communities... I teach people how to create the kind of economy that has real power in America. Because the truth is… The only color they REALLY care about is GREEN  Money can give you access, power, an

I care about you and want you to be protected

 I care about you and want you to be protected I will not mince my words here. We live in unprecedented times. I take the mission of equal justice under law VERY seriously. Quite honestly, we all know I own and operate  but I do not do build this business for money.  While I do like the residual income it provides, I already have enough to take care of my bills. I don't say that to impress you, I say that to impress upon you that I'm more mission driven than commission driven.  I take this very seriously and hope you do as well. When I was in my early 20s, I had a black Cadillac...vogue rag pin FACTORY wheels...wooo that thing was clean.  I'm from the Eastend of Richmond. I always wanted a Cadillac. I've owned about 10...However I got pulled over and profiled once a week. It got so bad I ended up considering selling my car. I could not keep what I earned and deserved because cops decided to pull me over

I've never done this before...

Soooo Some of you guys have requested to be in my private business group and I declined you. Until today, I’ve kept it private for my team and prospective partners Even if you put rules up, some people always challenge it...and I didn't want my message watered down.. But...with all that's going on Today I’m opening it up to EVERYONE To celebrate I’ve dropped a course on how to market on Instagram If you want in, link is here  👇🏽 Join my Private Facebook Group HERE