Income and its limits

There are two types of income: ACTIVE and PASSIVE Income.

The active income has many limitations:

1.       This income depends on time you can spend. There are only 24 hours in a day.

·         You can spend only 24 hour to create income!!

2.         You have to constantly work year after to create this income

·         What happens to your income if you cannot go to work?

3.       This income depends on your ability to perform. As long as you have expertise and time to give. You can create this income……. Have you given a thought – what happen to this income if you cannot perform?

·         Can your spouse replace your income?

What one does not know is residual income creating by time leveraging. This form of passive income is a powerful concept of franchising. McDonald is a prime example who has used time leveraging by power of duplication.