Posts Tagged ‘Passive Income Streams’

Partnering with an “A” company to make a difference

April 8th, 2010

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What are the differences between A, B, C and D, companies and what should you look for?

The traditional corporate culture which was based on serving the company over any other needs is falling by the wayside quickly. The past mentality which involved looking for job security at the big stable corporation has changed substantially. The business landscape has changed drastically, exposing a vast array of exceptional business opportunities with great purpose. As stated in The MAX Code, “The new model of success is this: Find or create a cause you care about deeply, one that embodies your core passions and highest values, and devote your life to that cause with entrepreneurial fervor, speed, and agility.”

As a business administration student, about to graduate, I am told every day to go out and apply for jobs. The focus is all about getting the foot in the door at some big company, which is easier than you, may think. In fact these companies come to the school all the time, to recruit ambitious students. So what would the response be if my resume contained this “my goals are to make a positive difference in society and for individuals, where profit is just a by product of fulfilling that mission.” Employers don’t want the strong minded individual with a purpose! They would prefer “hard working, enthusiastic, business administration graduate looking to further my skills in the industry and meet the goals of the organization.”

Now, I’m not saying that the above mentality is wrong in anyway, it’s just not with the times. I would rather align myself with an opportunity that has similar goals and values that I have, and who wants to work with me to achieve those values. Which lead me to the concept of partnering with an “A” company.

So what makes a company an “A” company and how does it differ from a B, C or D company. “B” companies put their mission behind generating profit, “C” companies are completely focused on the money and don’t even consider the mission. Lastly, “D” companies exist with the sole purposed of making profit at the expense of others. “A” companies operate with intention to fulfill their mission and social responsibility, with profit being the function of fulfilling that mission. These companies exist to serve people and make society and the world a better place.

The Quit Your Job Early team has “A” company motives, and has partnered with an “A” company named MAX International. We exist to inform and educate people in the areas of financial intelligence and passive income, while providing a vehicle to achieve the perfect lifestyle. Living the perfect lifestyle provides you with the ability to spend time fulfilling your personal goals and ambitions. The Quit Your Job Early motives include: flexibility, mobility, health and wealth.

It doesn’t matter if you’ve been in the corporate environment for years, or if you’re a student like me, the message is the same. The future is in the opportunity the best fits YOU, while being true to a mission and social responsibility. If that mission is solid and truthful, profit will always follow closely. I urge you to do your research before you partner with any company, and look for that “A” company.

Cheers to your future “A” company partnership,

Mike Perrin

6 Passive Residual Income Options For You To Choose From

February 11th, 2010

Contrary to popular belief, there are only 6 Passive Residual Income Options that you have to choose from if you want to earn passive income and live your perfect lifestyle.

There millions of dollars of books, courses and training material that supposedly teaches people how to earn multiple streams of passive income BUT when it comes right down to it, you can only do one of these 6 things to create passive income.

  1. Real Estate
  2. Stocks
  3. Network Marketing
  4. Big Business
  5. Royalty Business (Singing, Writing, Acting, Speaking, Branding, Etc)
  6. Internet

Of course there are a lot of different areas in each one of the options above but those are the only 6 options that give you enough leverage to produce passive residual income options.

The best part is that if you learn how to do one really, really well, then you’ll be able to stop spending time earning linear income and start spending time doing what ever is that you want to do. That may just be spending some time learning how to earn additional income from one of the other options.

The other thing you’ll realize when you get into earning passive residual income is that there are a lot of ways that you can leverage the time you put into one option into another options.

For Example, as you may or may not know, I’m a supporter of using a combination of Network marketing, the internet and personal branding to create multiple streams of passive income. I started out doing network marketing but quickly realized that I could be more effective in building that business if I also became efficient in marketing online. It was actually easier to build the 3 things together than it was to build one of them by itself.

So what’s the point here? Well, you’ve got 6 options to produce passive residual income and put yourself in a position to live you perfect lifestyle, the thing you need to do is decide which one fits your situation and needs the best.

Cheers to you living your perfect lifestyle,

Donny Watson.
Me and My Shirtless Nephew

Me and My Shirtless Nephew

6 Passive Residual Income Options For You To Choose From

November 15th, 2009

Contrary to popular belief, there are only 6 Passive Residual Income Options that you have to choose from if you want to earn passive income and live your perfect lifestyle.

There millions of dollars of books, courses and training material that supposedly teaches people how to earn multiple streams of passive income BUT when it comes right down to it, you can only do one of these 6 things to create passive income.

  1. Real Estate
  2. Stocks
  3. Network Marketing
  4. Big Business
  5. Royalty Business (Singing, Writing, Acting, Speaking, Branding, Etc)
  6. Internet

Of course there are a lot of different areas in each one of the options above but those are the only 6 options that give you enough leverage to produce passive residual income options.

The best part is that if you learn how to do one really, really well, then you’ll be able to stop spending time earning linear income and start spending time doing what ever is that you want to do. That may just be spending some time learning how to earn additional income from one of the other options.

The other thing you’ll realize when you get into earning passive residual income is that there are a lot of ways that you can leverage the time you put into one option into another options.

For Example, as you may or may not know, I’m a supporter of using a combination of network marketing, the internet and personal branding to create multiple streams of passive income. I started out doing network marketing but quickly realized that I could be more effective in building that business if I also became efficient in marketing online. It was actually easier to build the 3 things together than it was to build one of them by itself.

So what’s the point here? Well, you’ve got 6 options to produce passive residual income and put yourself in a position to live you perfect lifestyle, the thing you need to do is decide which one fits your situation and needs the best.

Cheers to you living your perfect lifestyle

Cheers to Your Success

Cheers to Your Success

Donny Watson.

Robert Kiyosaki’s Cash-Flow Quadrant

November 14th, 2009

Robert Kiyosaki’s cash-flow quadrant example really simplifies your income choices.

No matter how you slice, Robert Kiyoski’s cash-flow quadrant clearly identify’s the four choices you have when it comes to earning income. There isn’t 5 ways to earn income; there isn’t 3 ways to earn income; there is only 4 ways. This video and the diagram that follows displays the 4 ways:

Robert Kiysaki's Cash Flow Quadrant

If you want to control your time and your level of income, the only place you can do it is if you join one, or both, of the options on the right side. I’ve said it 1000’s of times and I will continue to say it, “if you are working as an employee, you are being leveraged and your employer controls your level of income and the amount of time that you work.” That is saying that employment is good or bad, I’m simply stating the facts. The way that the right side quadrants fit into the quit your job early philosophy is that you need to have a business that produces cash-flow (preferably passive income). This income will replace the employment income and have the potential to become very lucrative if the right leverage strategies are put in place. The intention with the passive income business is to build enough cash-flow so that you can take a portion of that cash-flow and build wealth through investments (real estate and stocks).

I have a ton of respect for Robert Kiyosaki and his message. He believes in raising your financial IQ so that you can control situation. The difference between him and us is (besides the fact that he is incredibly loaded) is that he talks a lot of theory. We intend to not only teach the theory but also offer a solution.

To learn more about our solution CLICK HERE.

Until we meet again, give a kid a dollar today. I can guarantee it will make your day more than it will make his. Cheers,

Donny Watson
Me and my Favorite 'little man' - Charlie

Me and my Favorite 'little man' - Charlie

204.223.3655

2 Tips for Getting to Live Your Perfect Lifestyle from the book ‘Secrets of the Millionaire Mind’

October 18th, 2009

If you want to Live Your Perfect Lifestyle by Earning Passive Income Streams and you haven’t figured out how yet, then a book like T. Harv Eckert’s, ‘Secrets of the Millionaire Mind’ might be the missing link.

T. Harv Eckerts Book ‘Secrets of the Millionaire Mind‘ will make you ask yourself questions that you probably have never asked yourself before. And you may not like the answers you come up with but they are the same answers you may be looking for.

I am currently reading and implementing the strategies of the book for the 3rd time as I write this. Not only have I read the book 3 times but I’ve also attended T. Harv Eckerts FREE weekend seminar which kind of makes me wonder why I I’m not as wealthy as T. Harv Eckert himself yet? I say that sarcastically because the reality is there are obviously still things that I need to learn.

That’s why I’m reading this book again. I know that I have to continue to ‘grow myself’ in order to ‘grow my bank account’ and the ‘Secrets of the Millionaire Mind’ puts me into action on working on the aspects of myself that are holding me back from living my perfect lifestyle which includes the ‘Fab 5’

  1. Flexibility
  2. Mobility
  3. Health
  4. Wealth
  5. Happiness

Two of the strategies that I have found to really change my results in the past are

1 – Do Daily Affirmations

2 – Respect Money

Daily Affirmations are things you repeat to yourself over and over again throughout the day. The Affirmations I say include the following

  • I have a millionaire mind
  • I am an excellent money manager
  • Money comes to me easily and frequently
  • I am a powerful human being
  • People are attracted to me and want to help me reach my goals
  • People purchase my products and want to give me money for my expertise
  • I live a completely abundant life

Some of these affirmations came straight from the book and some came straight from my head. The point is that when you say these things to yourself 2 things happen. One thing is that you start to believe them and the other is that you’re sending out the right messages out into the universe. Why is that important you ask? It’s important because of the law of attraction – what you put out there comes back to you. If you are always expecting to have stuff go bad; it will. If you always expect stuff to go good, it usually will. This is a topic for a whole other post so for now I simply challenge you to write down 10 affirmations for yourself and say them everyday as many times as you can without going ‘nuts’. Also, say them out loud. If you just say them in your head, it’ll feel like a ‘dream’ and ‘hope’. You didn’t start down this path to have dreams; you started this process towards living your perfect lifestyle because you want to live your dreams. Say your affirmations out loud daily and I guarantee you will live your dreams sooner than later.

The other strategy of Respecting Money was one that I found to be very interesting. I always thought that I respected money but when I started to really keep track of my money habits, I started to see some really alarming things. It wasn’t that I was spending a whole munch of money on wasteful things, it was just that I wasn’t managing my money with any kind of respect. I is a pretty simple message about money that I got from this section of the book but the bottom line was that

If you don’t respect the money you have then why would yourself, or the universe (if you believe in the spiritual world) think you should deserve any more. My spiritual adviser went so far to tell me that the simple practice of keeping your cash in numerical order, or having a wallet that is well-organized will help me attract more income because was treating the money I had with more respect.

Just try it for yourself for one week and see what kind of difference it makes in your feeling about money. Keep you dollar bills nicely folded and in order. Put your change away in the same spot every night. Review your finances once a week. Get into the habit of doing these things and I can guarantee that you will start seeing positive results to your  bottom line. I know because it happened to me.

Cheers to starting 2 habits that will forever change your life.

Donny Watson - Cheers to Your Success

Donny Watson

204-223-3655

Earn Passive Income Streams And Live Your Perfect Lifestyle

August 31st, 2009

Passive Income Streams: Our Philosophy and What It Means To You

The philosophy is really pretty simple, learn and do things that allow everyone involved to quit their job early, earn passive income streams, become financially independent and live their perfect lifestyles.

We believe that every single one of us has our own unique vision of what the perfect lifestyle looks like.  Yours will probably be different from mine and chances are that ‘Jim’ from down the street, will have a completely different view than both of us. The point is that, regardless of what the vision of that perfect lifestyle is, the fact remains that we would all love to live it, if we knew how to get the time and the money to make it happen. That’s where the challenge lies. How do you make it happen for yourself from the situation you are in right now?

Our philosophy is that there are 3 stages to the process of going from where you are to earning passive income streams and LIVING YOUR PERFECT LIFESTYLE

  1. Replace your current income (whatever that may be) with passive or semi-passive income
    • Once you’ve done this you will then be in a position to focus on increasing your leverage position so the income becomes truly passive
    • The single use of, or a combination of, mlm network marketing, attraction marketing and the internet is what we believe is it the simplest and most effective way to accomplish this
  2. Automate and Excel