That Risky Single Source of Income Strategy

Being self employed is a step up from being an employee.

For me it’s owning a business that generates income monthly whether I’m there or not that really excites me.

I came to this realization from reading up on books like “The Millionaire Next Door: The Surprising Secrets of America’s Wealthy” and “Conspiracy of the Rich – The 8 New Rules of Money” as an example.

I also seeked out financial and business building seminars, and talking to women and men that have businesses of their own.

You will amazed at how many financial independent people out there are more than willing to share their “secrets to success.”

And what I discovered is that you can never be a rich employee if your salary is the only source of income.

With the way things are, you can’t even break-even (to meet your monthly expenses) with only one source of income these days.

Having money is only part of the goal.

The real goal are the things having many will offer me.

One of them being Time Freedom.

And having a big business where about 100 households minimum are benefiting from my products or services are rendering.

The aim now is to building and business or an investment that will produce an addition R10,000 per month after tax passive income.

There’s difference being active income and passive income.

The way I see it, no point getting a salary beginning of the month only to start from scratch come the 1st of next month.

No point getting clients that hound me with deadlines and then take centuries to pay me.

I don’t want to be attached to anyone’s strings.

I’m not anyone’s puppet.

I want to be singing what Pinocchio sang come the next two to five years: I had strings but now I’m free. There are no strings on me.”

How about linking up with mentors that support those dreams, so that I can leave a legacy for my children.

The Why is more important than the What.

Unlike opening up a spaza shop that shuts down when I die.

Look at it this way, we all have 24 hours in a day.

But some of us have found a way to make more money than the rest within the same 24 hour time frame.

So it makes sense to find someone who’s doing the thing you want to do financially and then duplicating what they are doing into your life.

The financial winter is coming.

Just saying it’s best being prepared.

I love you.

I’m sorry.

Please forgive me.

Thank you.

~ Musawenkosi Tsoaela

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