All about investment: The Low Down On Active Residual Passive Income

The Low Down On Active Residual Passive Income

Posted by oneself Labels: ARPI, residual passive income

by JScerry

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The Low Down On Active Residual Passive Income

You may have heard, or even possess, the dream of making money while you are active with your leisure time. And, if you are one of those people that believe it is impossible to make money while doing favourable activities (e.g., golfing, fishing, traveling, et cetera) then it is time to dissolve that thought process right now. Many people are making millions of dollars over the Internet everyday and they are doing things that they want to do while making that cash. If you are still in disbelief then continue reading and I will try to guide you toward a brand new perspective.

The method to obtain money while active with your leisure time is through a term I call, "active residual passive income," or ARPI. What is this term that I speak of? Well, ARPI is working on, or making, something once and then living off the royalties that that "something" has accumulated for you. A good example would be writing a song, getting it registered with the Government (for proof of ownership) and then getting paid every time a company uses your song in one of their commercials/advertisements. Another example would be writing a book, getting it published, and getting paid every time someone purchases your book. So basically, you make money from something that you create (And, the labour happens only one time, but the income is potentially forever!!!).

If you are having trouble grasping the concept of ARPI then here is an excellent way to remember that term. Think of the earth. There are many rocks that are created on its surface, and thus, earth is basically one of the things that create rocks (To convert the analogy so far; the earth is you while the creation of rocks is like you creating a book). The rocks that reside on this planet can collect moss, or "residue" (residue as in RESIDUAL...you follow?) over time. The moss, in this analogy, is the money that is made. So, the earth (you) creates rocks (a book) that, in time, create moss (money). That is an analogical perspective of ARPI. Hopefully that helps you remember.

NOTE (A very important one): By accumulating many different streams of ARPI, you increase the chance of making so much income (passive income to be more specific) that you will no longer need your tiresome day job (It is so nice to not have to work for someone else)!!! Think about it. If you are selling, let us say, books, songs, t-shirts, pictures, et cetera (which can all be forms of ARPI if you so happen to choose), the grand total income will most likely be even greater than the amount of money you make at your day job! Therefore, my point is always create multiple streams of ARPI and then you will surely find your financial freedom.

A legendary way (a way that has been used for years now) to achieve any form of ARPI is through the labour of other individuals. Now, do not understand this statement in a negative way. I am not saying go out and make people do all your work through unethical means. For instance, make individuals pick cotton unwillingly for you in the hot sun while you reap the benefits from the cotton that is collected. In that sense, it would be considered slavery. The idea that I am hinting toward is to get people that are willing (that is the key) to do your work. In that light, it would be deemed as a more ethical means of making money. This is because the individual would get some reward (e.g., money) for his or her labour, and thus, both you and the other person are happy with the outcome. This notion falls under the category of "reciprocity," which means you get a little and in return I get a little. The idea of "making other people work for you" may still not sound that great to you, but that is the way it has always been. Your day job is a perfect example of people using your labour to make there lives a hundred times easier. Think about it.

NOTE: It may be easier for you to get individuals to sell a product for you, which does allow you to open a stream of passive income (ARPI). However, you will have to reward these people (with money). Remember, the more people you have working for you, the more people that you will have to reward. Note this saying, "Eliminate the middle men." Therefore, have a small amount of people working for you. By doing this, you increase the chances of expanding the size of your profits by not having to pay-off labour fees. Thus, with this knowledge you can get a few steps closer to going out and purchasing that expensive car in the near future!!! Sound good?

RECAP:

- Create something that will generate some income for you. (e.g., write a book, song, et cetera)

- Get other people to sell what you have created (e.g., touch base with publishers who will sell your book/song)

- Create as many streams of ARPI as you can

- Relax

- Collect revenue (e.g., put money in your wallet/purse!)

Okay, so you have this information lingering in your head. That is a really good thing, but it will be no use to you if you do not execute it. If you procrastinate do not expect any results to befall. Therefore, to see the opened door that leads you to your new future execute the strategies mentioned. EXECUTE, EXECUTE, EXECUTE!!!

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