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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.
Are you looking for a way to Wakeupnow to residual income with financial independence but do not know how? On mixture of Arts, Independent Business Owner and blogger, Saytue explains how you can change your life today by simply saving money, managing money while making residual income at the same time. Financial services are everywhere, and so is money and time freedom.
Doesn't matter if you are in debt, owe student loans or just want a second income or to quit your day job. You can do this!
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.
Diana Schneidman is a freelance writer and consultant. She helps others land freelance and consulting clients through her coaching practice, Stand Up 8 Times. The business is named after a Japanese proverb, “Fall down seven times, stand up eight,” and refers to the quality of resilience that is essential to building a business.
Real Skills, Real Income: A Proven Marketing System to Land Well-Paid Freelance and Consulting Work in 30 Days or Less, is available on Amazon.
Visit http://www.StandUp8Times.com to access her free report, “3 Secrets to Freelance and Consulting Success: Start Making Great Money as a Freelancer or Consultant for High-Paying Corporate Clients,” her blog, and additional information.
Learn about an innovation connection that you can plug into from first thought of an idea, to bring you all the way through to implementation & income, in my interview with Zion Bar-El, CEO & Chief Visionary of Ideation, Inc. (Full disclosure: in partnership with Idea Success Network.)
Join Candace Gish, Triple Diamond with Zija International as she talks about her journey. She is a stay at home Mom of 4, a wife, a home educator plus, she runs her successful home based business.
Tonight Candace's special guest is Sarah Krehbiel, from McPherson Kansas. Homer and Sarah Krehbiel are small business owners of 3 businesses with 40 plus employees.
They are Double Diamond Executives in Zija International and they both love sharing the opportunity of earning a residual income, as well as the better health they have received by using Zija.
They also serve as members of Zija’s Distributor Leadership Council and Chairman’s Club.
On tomorrow's B.O.S.S.CHICKS RADIO, Dr. Carolyn Hall and Coach Nanci Deed want to take a different approach. We want to talk to you about "MONEY": How to get it? How to keep it? And how to grow it? This show is for anyone who wants to learn and understand ways that their creative talents and gifts can be used to bring in additional streams of income....In a nutshell, we want to talk to you about WORKING SMARTER AND NOT HARDER...#b.o.s.s.life
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