Posts Tagged ‘Quit Your Job’

6 Passive Residual Income Options For You To Choose From

February 11th, 2010

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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

Quit Your Job Early… Or Maybe Not

October 19th, 2009

Are you one of those people who wants to quit your job early or are you like this guy, or are you somewhere in between?

I really respect people like this guy for putting a little life into his own world and the world of all his passengers. He is a perfect example of how you can choose your mood and mentality. I have no idea who this gentleman is but he’s taught us all a very valuable lesson:

Don’t think ‘Either/Or’, Think ‘And’

Here’s a guy who may, or may not, love his job who has found a way to include a passion that he has for rapping. He’s been creative to make his world better for him and in doing so, in less than 2 minutes of his time (which he was going to have to do anyway) he helped make others lives better to. It’s all about maintaining a high level of energy and the best way to do that is to do things you love.

How can you use something that you love to do to make someone else’s life better today. Try it out and see what happens. It might lead you to a better place which just might help you Quit Your Job Early (if, of course, that’s something you want to do).

Do what you love and those around will be better for it. Cheers!!!

Donny Watson - Cheers to Your Success

Donny Watson

PS – this is also a good lesson in attraction marketing.

The Real MLM Secret: There Is No Secret!!!

October 7th, 2009

The only Real MLM Secret, is that there are no secrets.

Everywhere you look on the internet these days, you’ll find some BS about about how someone has figured out the Real MLM Secret MLM Top Secretto success. It’s bull$^&%. There are no secrets when it comes to MLM or network marketing. There aren’t even any secrets for marketing on the internet. If you are like I used to be and thought that someone else had that magic button and all need to do was figure out there secrets then I could have the ‘Magic Button’ to, get over it. There is no magic button. You aren’t going to find an automated system that allows you to purchase it and then let you sit back and make tons of money. It’s just not out there.

The fact is that whatever it is that you want to accomplish, you are going to have to figure out and implement some strategies that accomplish your goals. The reason people in the internet marketing circles are so fond of using the Secret in there marketing campaigns is because people are attracted to it. Hell, I even have a ‘major’ article on this blog that is title 5 MLM Secrets That You Need To Know. Truth be told there not secrets at all. I just call them secrets because I know people think there are secrets out there that they aren’t being told and because of that they find my website.

The only thing you need to know when it comes to being successful in network marketing is that you all of the answers are available to you if you really want to find them. You can generate leads and business online. You can have success in your warm market. You can build a successful business without having to spend a whole bunch of money to do it BUT you have to be willing to build the foundation that allows you to reap the rewards for years to come.

If you’ve been looking for an MLM Secret that is going to change your fortunes, the only place you need to look is in the mirror. With that being said, unless your making $5000/month or more your going to need some training. These are going to need some training. If you want MLM Warm Market Training, click here. If you want the most comprehensive MLM Lead Generation Online Training, click here.

If you came looking for an MLM secret that is going to change your world, forgive me; the only Real MLM Secret Scratching Headthat I have is that there are no secrets, there are just things that you don’t know yet.

Cheers to No Secrets,

Donny Watson - Cheers to Your Success

Donny Watson

204.223.3655