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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).
Of all the ways to create a consistent and passive income stream, purchasing an existing, revenue generating website is the smartest. What does that mean? What does that look like?
The concept of purchasing a website to create an income stream for yourself, your company, or your private equity fund is new to many people. Expert, Mike Engstrom, shares a model that not only gives you the tools to buy revenue generating websites, but also how you can save time by doing it.
Starting your own business while working is the best thing a working class citizen can do. We all know a few more things today, than we knew a decade ago. One thing we know is nothing is guaranteed. Another thing we know is the average person will not build wealth on a 9 to 5 job. What better time to step up that entrepreneur spirit. On today's show I'm going to talk about a money making project to supplement the income we already have. Have lack of time, knowledge or money been holding you back? Then join my money making project today. Together we'll merge everything but the profits and advertise our house helper services all over America. I believe the American dream still lives. It lives inside of each one of us. America's House Helper Services project is a challenge, but together we will be able to keep cost low; work out challenges together; grow together; and who knows, the sky is the limit. Listen in and let's discuss the pros and cons.
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…..
On today's show No BS Money Guy Todd Strobel and Best Selling Financial Author, and President of Partners for Prosperity Kim Butler demonstrate ways to easily set up and use your own personal Income for Life Account regardless of your personal health history.
Following up my last two podcasts, I want to make a few big announcements that are coming to those who choose to get into SoZo in the next couple weeks. For those who are new to the company or who are just becoming interested, I will cover what SoZo Global is all about. Before the show, take a few minutes to watch www.sozostory.com and then join me on "The Rundown" as I introduce you to the chance of a lifetime.
If you want to create multiple income streams, then you have to start thinking differently. Look for new ways to make money. Think outside the box
Use any skills related to work or hobbies to generate profitable ideas. Freelance your services on the weekends. Create information products and sell them on the Internet. Plan parties. Don't limit yourself.
Even an extra income of $500 each month could go a long way to paying down debt or increasing your investments. We often hear about the importance of diversifying our investments, but diversifying our income streams is just as important, particularly in difficult economic times. Let me show you just how valuable even an extra $500 per month can be. Then I’ll list the factors to consider in deciding how to generate extra income, followed by 10 multiple income stream ideas.
Flexible: The ideal source of extra income will allow you to call the shots when it comes to your time. Particularly if you have a full time job, the last thing you want is being tied down to working a set number of hours each week at a second job.
Scalable: Look for income sources that have at least the possibility of generating substantial amounts of income.
Sustainable: The ideal extra income source will continue to generate cash even when you’re not working at it. The idea is to build something that can eventually function without you
People who should listen to this show are underemployed, entrepreneurs, career coaches
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.
Chris Miles discusses several income strategies for you to consider.
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