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Is skill or will more important for a person to earn passive money?
The debate has always been that a skilled person can establish any form of passive income as he knows the way and even if he doesn’t he will find it somehow. But what about a person who does not want to earn passive income, he has no aspirations, no dreams and is happy with what…
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Passive Income resources and means to get them.
A battle cannot be won only with strong determination and strategy, you need arms and ammunition to destroy the enemy. Similarly, in order to earn passive income you need certain resources, most of which are freely available on Internet. So what are these resources: A fixed schedule and a flexible routine In order to generate…
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The magic of compounding and compound effect.
A book named The Compound Effect by Darren Hardy has changed my entire concept of personal finance and lifestyle on how the law of compounding can completely transform the universe and human mankind. A very simple yet effective concept which says that nay small amount of effort made over a period of time is going…
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Developing a mindset for Passive Income ?
Making different sources of passive income is not only a habit but also a mindset that has to be developed over a period of time. There is a difference between people who want to do something new and people who are happy with what they have. Its the mindset which matters at the end. Ambitious…
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Can passive Income make you rich ?
Why passive Income is required to become rich ? Many a times no matter how much money you earn from your regular Job may not be sufficient to achieve your goals, desires and dreams. You need an extra source of Income to get the wants met and what better way to use the same skill…
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How much passive money is enough ?
Do we ever imagine how much money does Elon Musk or Mukesh Ambani have ? No its better we don’t. Its of no relevance to us but what is relevant to us is their hunger to even make more money. They are constantly in the search of new opportunities, collaborations, acquisitions etc. They don’t limit…
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How many passive income streams you can make ?
Does our brain have a limit on how much it can remember or store ? Or is it our own assumption or limit we set in our brain. Well, the fact is there is no limit to which our brain can store and process information, memories and experiences. Then why do we have any limits…
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Harder or Smarter : The Best way to get money flowing !
People often say that all those who have made it big in life have a smart way to work. They have all the luxuries in life, big cars, big bungalows and multiple sources of income that keep flowing all their lives. The question is can someone make it big in life by just doing things…
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The essence of Hard work !
So its your hard work that is more important and required to achieve success in life.
