We have all heard the saying ”time for money” Well, you don't have to look far to see that 96% of people in the world are exchanging their time for money.
What do i mean ?
You work 9-5, and throughout the week you clock up 40 hours. You get paid $20 per hour or maybe $50 per hour, it doesn’t matter either way you come out with a wage that’s capped by time.
When you work like this you have a ceiling on what you can earn. Think about it.
Yes, you can get a pay rise and start earning $150 per hour which is great money however, you are still hitting a ceiling in your income.
Remember, the more you earn the more your standard of living goes up, oh and the more you get taxed (that's another story)
Also, with this pay rise comes more responsibility, more is expected of you and ultimately you end up being tied to working harder and maybe even work more hours than you first thought.
So what’s the answer? Everyone has to work to earn money to Iive right? Sure, but there are two different ways to pay your bills and create a life where you don’t have to worry about money.
1) Work hard and work your way up the ladder
2) Work smart and create money
So we have spoken about number 1 right, so lets talk about number 2
Working smart is about creating money NOT exchanging your money for time, there's a difference. When you create money, money ends up working for you not you working for it.
Here’s an example.
Lead generation sites take about 4 weeks to set up and start creating calls. this is called the investment stage. (You invest your time) then after the initial investment you can step back and your investment continues to create money for you for years to come.
let’s say working 9-5, you earn $35K per year working 40 hours per week.
The overheads are non existent to run a website so you can easily profit $750 - $1000 plus off each website
So if you spend the next 3 months building 1 site per month you have just successfully replaced your income for the year and this is just the start.
(On Top Of That) you have the benefit of not having to exchange your precious time for money. PLUS you have just created an asset which can be sold if you so wish. These sites will also work for you producing money for years to come while you concentrate on