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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!
Pastor Tony Davis is a husband, father of four, pastor and entrepreneur; so people are sometimes confused about what he does.
With a small, but growing congregation with Glad Tidings Church of God in Christ, the church is unable to pay Pastor Davis a salary allowing him to dedicate full-time to the church, yet, even so, the church still has full-time demands. Dedicated to the gospel, yet still needing to meet the needs of his family, Tony knew another j-o-b would only pull him further away from his family, the needs of his church, and time to prepare for Sunday's message.
Tent making is a more common than we know, and Pastor Tony supplements his income with his entrepreneurial adventures. Join me as I chat with Tony
Welcome to At Your Service Yes Radio, hosted by Daniel Barth! This broadcast will talk about the value of time, and why it is necessary as a business to have residual business exposure!
It will also expose the "sharing" myth, and offer practical solutions for you and your business.
We also recap a few news items, and offer an encouraging word of the day, as always!
Thanks for listening to At Your Service Yes Radio!
We look forward to helping you with your business.
LIVE @7PM - 10PM TONIGHT REGGAE ROUND TABLE CHAT! Continues On This Business of Music101 Reggae Music & Culture to the World Continued Topic:Intellectual Property Rights pertaining Economical Rights Artist Band or Group. Are You Accessing these Income Wheels? Or has as Income Wheels Spinning Without You!
Heather Baldwin-MALERT!Every Reggae Artist needs to know about Intellectual Property Rights
Heather Dowell received her Bachelor of Arts General Studies undergraduate degree (majoring in English and Sociology) .She served as Manager Communications and Members Relations in the Copyright Music Organisation of Trinidad and Tobago.She has pursued successfully six different Intellectual Property Rights courses through the UN World Intellectual Property Organisation, She received course certificates in DL101 “An Introduction to General Intellectual Property”; DL-201E “Advanced Copyright and Related Rights” (2010); Korean IP Office (KIPO), the World Intellectual Property Organization (WIPO), the Korea Advanced Institute of Science and Technology (KAIST), and the Korea Invention Promotion Association (KIPA) jointly operated Advanced Training Certificate Program on Intellectual Property Rights and Business (2011); DL450E “Intellectual Property Management (2012); DL202E “Electronic Commerce and Intellectual Property” (2012); DL 317 “Arbitration and Mediation Procedure under the WIPO Rules” (2012).
In April 2013 she created a community Facebook page entitled IPchampiontt. In August 2013 she joined the board of the Trinidad and Tobago Reprographic rights Organisation (TTRRO). The TTRRO was established for the collective management of licensing activities including collection of fees on behalf of Publishers and Creators of copyright material.Her IP training has added significant value to her competences in Intellectual Property Rights www.crsradio.com 661-467-2407
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Mike Rich (Founder of Mojo University) has become somewhat of a regular on my show and it's because his knowledge and experience in the stock market is beyond impressive. Mike does a ton of research and lives and breathes the market, but that's not necessarily the life for everyone.
Mike and I discussed safer means by which to invest and how you can augment your income without having to stare at charts, read every article or look at every trade.
***Interest and some knowledge of the market is improtant to have success and the more you know, the better your returns will be.
Every year, millions of working Americans spend part of the month of November selecting their employee benefits. It's a confusing experience for most of us. How do you choose what's right for you?
This show will focus on helping Millenial workers sift through their employee benefits options and put together a plan that makes sense for them.
Carol Harnett, president of the Council for Disability Awareness, and Jennifer Fitzgerald, co-founder and CEO of PolicyGenius, will talk through how Gen Y employees can make the most of their employee benefits choices -- in 15 minutes or less.
Doing four totally different businesses with different target markets is the wrong way to establish multiple streams of income. Why?
1. You appear schizophrenic to everyone you meet.
2. You waste time and energy working to capture the attention of multiple markets.
3. Your mind has to keep track of systems and information for four companies.
How to Create Multiple Streams of Income – The Right Way
There are two ways to create multiple streams of income that make sense:
Same target market, multiple offerings.
Same offering, multiple target markets.
Starbucks does have a number of multiple streams. In their stores, they sell coffee machines, mugs, chocolate covered coffee beans and lunch items. You can also purchase their coffee and bottled frappucino in grocery stores and I’m not sure if it’s nationwide yet, but Starbucks just launched a line of ice cream.
Any online business has set up multiple streams of income. The second way to create multiple streams of income is to market the same product or service to multiple markets.
Ex. Zukul--mention all their different products and how how have access for 1 fee instead of multiple companies paying a fee to each and you can sell the products separately.
People who should listen to this show are career coaches, entrepreneurs, affiliate marketers
What if you stopped working today? Does that mean your income stops, as well? For most of us, yes, that is the case. But what if you could set up a "money machine" where if an unfortunate circumstance where to happen (laid off, disability, fired, etc) you'd still have money coming in.
Tonight we will talk about why most people have not set up their money machines and how you can create yours, starting today.
Join me Boundless Lola This Saturday morning to talk about Multiple Streams of Income and what that means to you! Every person should have at least 7 Streams of Income flowing into their lives from various different sources to make the both recession proof and lay off proof. How is this developed? Does that mean getting 7 jobs? Do I have to have seven different businesses? What are you talking about Boundless Lola??
Well, jum pon the line with me tomorrow morning and lets have an enjoyable time sharing and breaking down how you too can stay afloat with Multiple Streams of Income!
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