What a world we live in! I spent 10+ years slaving away for law firms, never getting ahead. Nothing but trading my time for dollars. I finally clued in on setting up passive streams of income.
First, there is real estate. The beauty of real estate is that you can put a fraction of the money down, yet you get appreciation on the total value of the property. It is a great way to leverage your money.
Second, third, fourth... there is the internet. Every day I am finding out more ways to make money online. From things as simple as Google Adsense to Affiliate programs with other companies, the sky is the limit.
In addition, don't forget about network marketing. Despite the stigma attached to this business, it is a brilliant business model. It is the ultimate way to leverage yourself, without having the expense and headaches of employees. Moreover, the start-up costs are generally low, and the systems and products are already in place. Of course, the key to success in network marketing is not to fall prey to the load of crap that many feed about making millions in a few months. It is vital to get started with someone with integrity and honesty, who will truly help you get started, stick with you, and show you what to do and how to succeed.
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