Different Types Of Income

Robert Kiyosaki

There are three different types of income in the world: earned, portfolio and passive, with earned or active income coming from your job, portfolio income coming from capital gains, generally from stocks and bonds, and passive income from real estate.
Active income means that I have to keep working to ensure that the cash keeps coming in. The moment that I stop working, the cash also stop coming in. A job is an example of an active income. The employer will stop paying me a salary if I stop working. The opposite of active income is passive income.

Passive income on the other hand does not require me to work actively for it. I can build a business that can run on its own. Even when I am not around, the business will run because there is a system.

Build A Business That Generates Passive Income Now!

For Your Financial Freedom

Lay Peng

http://www.videoonlineseminar.com/

http://www.topspeakeronline.com/blog

P.S: Mr. Robert Kiyosaki has his Rich Dad as his mentor while I have him and other Top Speakers and World Class Gurus as mine.

**** DISCLAIMER *****

The author, publisher and distributors particularly disclaim any liability, loss, or risk taken by individuals who directly or indirectly act on the information contained herein. All readers must accept full responsibility for their use of this material.Copyright © 2007 topspeakeronline.com/blog

About Robert Kiyosaki

Robert Toru Kiyosaki born April 8, 1947) is an investor, businessman, self-help author and motivational speaker. He is married to Kim Kiyosaki.Born and raised in Hilo, Hawaii, Robert Kiyosaki is a fourth-generation Japanese-American.

Although Robert Kiyosaki’s business is building businesses, his true passion is in teaching motivation courses. He is a highly acclaimed speaker on financial education and his work has inspired worldwide.

“I felt terrible the first time I failed (went bankrupt). I felt even worse the second time.” begins Robert Kiyosaki. “But yes, to me, it was worth it. If I had not failed twice, I would not have retired eighteen years early, nor would I be financially free today.”

For Your Financial Freedom

Lay Peng

http://www.videeoonlineseminar.com

http://www.topspeakeronline.com

P.S: Mr. Robert Kiyosaki has his Rich Dad as his mentor while I have him and other Top Speakers and World Class Gurus as mine.

**** DISCLAIMER *****

The author, publisher and distributors particularly disclaim any liability, loss, or risk taken by individuals who directly or indirectly act on the information contained herein. All readers must accept full responsibility for their use of this material.Copyright © 2007 topspeakeronline.com/blog

Holding on to success is harder than achieving it.

Many people achieve success, only to lose it because they are unable to sustain and maintain the standards that made them successful, or they were unable to adapt to changes around them.

But what is harder is your ability to maintain that success or move on to higher level. Likewise, to be successful in your life, you have to aim to be consistent that is being true to certain principles in your career and your personal life.

Many people fail to remain successful because they are unable to maintain the standards that make them successful or they cannot adapt to changes around them. You must always remember that changes are necessary and evolving fast. Learning is also part of the process for you to stay relevant and push you forward. Seminars by world class gurus and top speakers, coaching programs, Inspiration books and mentoring are some ways you can acquire to help you. Also you must have a circle of more successful and enlightened people to be in your network and your friends.

For more details, please visit
htttp://www.topspeakeronline.com/blog

For your Financial Freedom

Lay Peng
http://www.videoonlineseminar.com
http://www.topspeakeronline.com