This is another post in my blog in CopyIncome.com. I hope you have enjoyed my last post. Today I want to share here some of the income methods people are using to generate earnings for their livelihood. I am also generating my income as you probably know that I am working as a development worker holding program manager position in World Vision, a huge organization for the transformational development. I am too here earning some average income by working with people. Likewise, you also might be working to earn something for your family and yourself in some company, firm or in some organization and office. That is cool, I mean to have a job definitely good. If you look around yourself there are lots of people searching every day for the certain jobs. This is good that you have already occupied your best job. I think you like it. Probably you like it. I like my work. Absolutely I do. Some of you might be working as a business owner or self-employed or you are consulting or maybe you are investing your time and money on different businesses for your future.
This is the exact learning today I want to share with you. There are two types of the income in this world which are an active income and a passive income. Active income is that a work or a business or a money making system that requires your physical presence or effort to earn something. It means without your action or effort there is no any result. If you are working as a job holder or hourly basis working and at the end you will calculate your wages then this is real active income. On the other way you are trading your time, energy and skills whatever you have for money is called active income. For example, you know computer basics and can type 50 words per minutes. Suppose somebody hires you give you 15 dollar per hour on your skills of typing and you do his/her job. After working 8 hours you will be worthy of getting $ 120 as your wages. This is what we are talking about active income. This applies on timely basis, needs energy and also requires specific skills. In order to earn 120 bucks you should be able to trade your time as well as other specific requirement. You cannot do and earn $240 or even $130 too. Gradually you need to raise your standards to earn above your current income. This is easy you can understand well. Every human being on the surface of the earth needs to go through the same formula no matter he/she is CEO or janitor. Trading your time is the basics of active income principle.
Let’s go to the second one that is passive income. If you are a strong job holder you do not want to talk even on passive income. Why? I know because you don’t believe on the passive income streams as a part of your income method. I know many of us have been earning a little or bit more from the income passively. What is passive income then? If I tell you the truth on the passive income then you may giggle. Passive income is the earning you do now need to work completely for money. Your income will come even you sleep or even you eat or walk whatever you enjoy doing you like. In the morning you will wake up with some extra money with excited mood. Does it happen in your life? I bet you do. You may not have huge portfolio on these kinds of passive income but at least you might have small amount of money coming with your seconds by seconds. This is what passive income. You do not need to work for money. It means money is working for you.
I am quite sure that you have something very basic on the earning and generating income in two different ways I have mentioned above. I do come to you with the how to copycat the income in my following blogs but for now I am giving away my insight to you on working hard really for the success of our life with this good story that I had heard some years ago.
There were two men in one village whose job is to carry water to feed people in that village. Both had started their job at the young age and now both got married and still they are carrying the water on the pot to give house by house and door by door. One day one man realized that if he became sick or ill then his livelihood be no more there because he would not be able to bring the water from the source to feed the people. So he asked his son to help his work. Young son generates one idea to have one pipe from source to village instead of carrying daily. Initially the father did not agree with his idea but later on realized the result of the task which was huge. Actually, he had recruited his son at the work in terms of sustainability.
The father and son started digging the hill and inserting the pipe which definitely took months and months but they managed their work by fetching water early in the morning and working for the construction up to late evening. Other man was teasing them on what they were doing. Often he told the father and son that their work will be futile because there was no any man who was thinking outside of the box at that moment. Years and years passed away still their project was not completed. People are really laughing at them. At the very old age of the father they were succeed bringing water from the source to the village through the pipe. Now all were history. Now you see the son was collecting money instead of carrying water daily and without work actually. Other man’s job has been gone. What do you think on this story? Does this can happen in your life? I am sure it can. Why? This is because of a system that father and son had built investing years and years with their time and energy had made them enable to generate income passively later. I think you have been excited now to build same own system for you to have passive income. I am here with you to share what is working and what is not. I will share with you everything that I test.
Please come visit again this website for another blog post and I will catch you up there. Thanks for your time reading this post. I hope this has helped you. I will enjoy reading your comments please do not hesitate to comments below for my improvement. Thank you once again.