How to Grow Rich by Creating Multiple Streams of Residual Income

by Praveen Kumar

You can find financial freedom and become seriously rich by simply understanding the phenomenal power of creating multiple streams of residual income. There is a saying that “The key to wealth and happiness in today’s world is to create multiple streams of income using diverse models and combination of passive and active income in areas where your passions and talents can be most thoroughly engaged.” Most of us start making money through a job where we trade our hours for money. The trick to real wealth is to slowly change our income source from linear or work income to residual income were money works for us. In this book bestselling author Praveen Kumar explains how to shift from linear income to creating multiple sources of residual income that will sustain your family wealth for generations. This book will explain the following vital aspects of creating multiple streams of residual •What is the problem with linear income and why residual income is important?•Categories of Residual Income•Steps to create residual income•Real estate as basis of residual income•Some great passive income ideas•How to create online residual income•The problems in creating multiple streams of residual income•The wrong way to create multiple streams of residual income•The right way to create multiple streams of residual income•Practical steps to creating multiple streams of residual incomeOnce you read this book you will learn how the rich create their wealth and sustain it for generations. The good part is so can you?Grab this book at the introduction price before it goes up.

101 pages, Paperback

First published March 1, 2012

Reviews

[Helfren · Rating 3 out of 5]

Convert your linear income to residual income.

You don't have to trade your time for money. Most people can't become rich from jobs because you are trading time for money either in hours or monthly. Another example is book. After writing a book, your book sales will be your residual income.

[David Sepulveda · Rating 4 out of 5]

I really enjoyed this book, great book to inspire the pursuit of residual/passive income. Highly recommend