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Welcome to the Sources of Income Radio show. Today is going to be the kickoff to a new daily radio show about aquiring wealth. This show is not just about wealth in money, but also in life and love. We have mixed the spirituality and the business aspects which is a must. Passion for your life is the ultimate goal, both in business and in your personal life. Entrepreneurs looking to have multiple sources of income most welcome!
Join Minister Kim as she discusses “Looking at Other Streams of Income” Are you inspired to start your own business, but don’t know where to start? You have these vision boards and business plans but don’t have the resources to launch your business. The Entrepreneur Spirit is there, but needs to be watered.
Meet our guest Michelle Gill Newton, a wife, mother, home based business coach, speaker and published author who will ignite and inspire you to dream, believe and enjoy what you’re doing.
Michelle will teach you some strategies to incorporate when your spirit is half-empty.
The importance of connecting with the Right Coach to cheer you to the finish line, she has a strong background in Marketing and has over 10yrs of experience as a Marketing Manager for large corporations; Time Warner Cable of NYC, Time Warner Inc. and Double Book Clubs.
She was award “Living To Your Potential Award”, earning incentive trips and featured in company catalogs.
Help us welcome Michelle Gill Newton to the show…..
in Real Estate
The home sale tax exclusion is the single best wealth opportunity that's available to the average American. It surprises me that so many real estate investors I talk with aren't aware of it! Join us LIVE on this episode to find out more how you could realistically earn TAX FREE income for the rest of your life. Try getting that from the crooks on Wall Street! Imagine what your retirement would look like if you started now and took advantage of this fantastic opportunity.
TAX FREE Income As A Serial Home Buyer, along with information on our debut "Different Drummer Real Estate Investing" podcast, and an update from the "dude ranch" aka the SC Rehab. Investor Zone Radio, LIVE Sunday morning at 10 AM (EST).
President Obama disputed the notion that income inequality and related problems affect mostly African Americans and Hispanics, saying these issues cut across socioeconomic lines. "The opportunity gap in America is now as much about class as it is about race," and that gap is growing.Reducing inequality should help all Americans, "We need to dispel the myth that the goals of growing the economy and reducing inequality are necessarily in conflict. The trickle-down GOP i
Black Enterprise analyzed a 2012 Neilson study that concluded that African American buying power will reach 1 Trillion dollars by 2015. Although Blacks make up 13% of the US population, they own merely 5% of all US firms and only 1.8% of companies that employ more than one person, a Small busness administration Report states. And Black owned firms are not necessarily the most profitable either.
Should we be proud of just making up 13% of the total population yet spending at a rate of growth that outpaces the remaining population by 30 percent?
Wouldn’t it be nice to earn money while not working? That money is called residual, or recurring, income. It's what can happen after you put a lot of time, effort and sometimes money into a job to continue to get paid for the work months or years after it's done. (Salary jobs are part of linear income. This income is directly related to the number of hours you work. If you work 40 hours, you get paid for 40 hours of work.) Once you set up your business to earn residual income, you continue to make money while doing other things – maybe even starting a new business to generate more residual income!
Of course, before the money starts rolling in you will probably have to put a lot of time, effort and money into the business or project. You’ll need a lot of patience and determination to see the residual income in the future. Instant gratification is not possible when it comes to residual income.