For
Those Who Are Really Sick Of Their Jobs Working For Others
by: Woon
Sung Liang
Copyright
2005 Woon Sung Liang
If you’re given a choice of making $500 as a one-time payment OR getting
only $100 but paid this amount every month, for 20 years if not for life,
which would you choose?
If you work only once and get paid many times over, you’re earning a
RESIDUAL INCOME. Of course you’d choose the latter.
Elvis Presley to day “continues” to earn residual income even after death
because his records continue to “work” for him due to continued demand
from his fans.
Therefore it goes without saying that in order to build wealth, you need to
tap into RESIDUAL INCOME.
Very often, this is also referred to as “PASSIVE INCOME”, because you
could afford to be passive or non-active (i.e. not having to work) and still
continue to receive income.
If you're like most people, you've been conditioned your whole life to think
about income as a process of trading time and effort for money. Like the
majority, you have been brought up to have only one major objective in life
– JOB! Incidentally, if don’t already know, to many, JOB stands for
“Just Over Broke”.
You work hard in schools so that you could get good grades to advance to
colleges and universities where you work even harder so that you could get a
good and secured JOB. Once you’ve got the jobs you want, you continue to
work very hard in order to maintain them and to climb the so-called
organizational ladder of success.
As a result, many have fallen into the trap of the RAT RACE and you know very
well you can’t afford to stop because if you did, so would your income!
Although some of us could be drawing quite a handsome income, we’re not
truly “wealthy” because we’re not free to do what we want and when we
want with our money.
I’ve heard of many sad stories of “rich” EMPLOYEES not being able to
spend badly needed valuable time with members of their families who’re sick
in hospitals because they could not afford to be away from their place of work
for too long as their services are urgently required by their employers.
Doctors could not even really relax and enjoy a long vacation for fear of the
loss of income or patients while their clinics remain closed.
Can I really have PASSIVE INCOME? You might ask. Indeed you can!
About 60 million people have access to the Internet - and yet it is still in
its infancy. Every month millions of newcomers and thousands of businesses are
reported to be setting up online. With this huge, expanding audience and the
fact that marketing and advertising can be done on the Internet so easily and
at only a fraction of the costs of traditional methods we now have a fantastic
opportunity to be successful in online business.
Many companies have now aligned themselves with the Internet which has created
many new paradigms in the past few years. Residual Incomes are made available
to people from all walks of life. You can now make money online with simple
and proven formula used by many to earn multiple streams of residual income.
However don’t believe what you’ve heard or seen in the Internet.
Skepticism is encouraged because there are some dishonest people creating a
lot of hype, unfulfilled promises and scams going around the Internet.
Fortunately however, these are the exception, rather than the rule. You must
be able to feel absolutely confident about using the services offered by
“Internet Business Gurus” to help you make money online before you sign
up.
If you have any slightest doubt at all, drop it and move on to another.
There’re many who belong to reputable organizations such as iCop™ and
Better Internet Bureau™ as part of their commitment to uphold the highest
business and ethical standards possible.
Many programs are designed for newbies who have no time or interest to learn
HTML, Java, PHP and ASP. With a simple Control Panel, you’re only a few
mouseclicks away from having a complete and professional website to start your
online Internet home-based business! You need not have sleepless nights
worrying about programming, web or graphic design, scripts, or content and
product creation.
Further more, with some programs such as AFFILIATE PROGRAMS, all the order
processing is handled behind the scenes on your behalf. This includes credit
card authorization, order fulfillment, product shipping, and customer service.
Also, there's no worry about inventory. There’s no staff to hire and pay, no
merchant accounts to set up, and no costly and time-consuming application
process for licenses and permits to go through.
You have a website which sometimes could be created free of charge. It
captures visitors automatically and follows up with them 24 hours a day and 30
days per month for 365 days a year! Your visitors’ names and email addresses
are automatically recorded for you and follow-up automatically with a
pre-written email marketing campaign.
However, like any ventures earmarked to be successful, you need some planning
and consistent effort. To help you in this effort, here are a few guides you
can follow in order to develop good habits for achieving your goals:
PLAN YOUR WORK AND WORK YOUR PLAN: Like any other forms of work, you must have
a plan for your Internet business. Set an achievable short term, medium term
and long term objectives, prepare a budget and stick to them as far as
possible. Carry out periodical checking to determine any deviations from the
plan and take the necessary remedial actions.
BE ORGANIZED: You need to download a lot of software, ebooks or PDF books from
specific individuals or organizations for your continued education. You’d
have a lot of contacts which could be your potential leads or customers.
Chances are that you’d belong to many membership sites that require
passwords which are first cited in their "Welcome" letters.
You therefore need to have a systematic procedure to keep all these vital
information and data in the right and proper folders for quick and ease of
retrieving. This would prevent loss of time and undue frustration.
You could create a simple HTML home page of your own with hyperlinks to all
the important websites. This could be kept in your desktop for easy access
BE FOCUSED WITH CONCENTRATION: Although this is a home based business with all
the freedom in the world, it’s prudent to have some form of discipline. Once
you’ve decided to sit in front of the computer to start working online, you
must stay focused and do not allow any distraction to affect your
concentration.
Treat it as your business and not a hobby. It’d be nice to stick to a
schedule which is also made known to other members of your family so that
they’d know when to leave you alone. However do not get carried away and
spend too much time in front of your PC because your loved ones, including
your pets also deserve your attention and time.
BE CONSISTENT: You’d be tempted with countless of seemingly very attractive
offers and promises from the Web to help improving your business. Do not fall
into the trap of some of these promises. Just stay with a handful of
strategies that work and stick with them. For example, if you're submitting
articles to drive free traffic to your sites and it’s showing positive
dividends, stick to it and continue with this strategy while improving and
fine-tuning others.
IF FAILED TRY AGAIN: Like any other conventional businesses, there’d be time
when you’d encounter failures and disappointment. Do persevere as this is
not a get-rich-quick scheme. It takes time to see the fruit of you effort
although it’d definitely come. Use any failures to your advantage by
learning from them. See success in every failure and opportunity in every
threat.
”Intention decides what you want but action determines what you get”.
Please persevere with your action and don’t give up.
I wish you all the best in your Internet journey towards the continued flow of
PASSIVE INCOME!
About the author:
Woon Sung-Liang is a Rubber and Latex Consultant with more than 20 years of
experience. He enjoys writing, travelling, playing flamenco guitar and
singing. Not long ago, he didn't know ANYTHING about Internet marketing...
However, within just a few weeks, he launched his own website AND learned how
to profit from an opt-in list, pull in sales with ezines, make money with
Google Adwords and setup his own BLOG! Check this fantastic website to find
out how he has done it: http://www.PlugInProfitSite.com/main-9747