I don’t think there is such a thing as a “lazy man’s way to riches,” but there are online marketing systems, investments, and home business opportunities available that can help you make money from home on virtual autopilot.
But before you curl up on your hammock and start counting of hundred dollar bills in your mind, you need to know upfRont that anything worth having is worth working for—at least a little bit.
Is your financial future, or the security of your family, worth working for?
I think so. But don’t get me wrong, I’m still kind of impressed by this whole “lazy man’s way to riches” thing.
Working 9 To 5
It’s been said by some smarter people than myself that “you make a living working 9 to 5, but you make a lifestyle working 5 to midnight.” In this context, the word “lifestyle” refers to having the time freedom to do the things you want to do when you want to do them, while making more money on autopilot than you can spend.
I don’t know who said that first, but I do know I don’t want to spend every waking moment of my free time “working” a business. Truthfully, I was born tired and I’ve grown comfortable in my laziness over the years.
So, when I recently went looking for a new online business to build, I knew right from the get-go that I needed something where I could follow step by step directions to build a marketing system online, automate it, and then walk away…
...With a steady stream of money coming in each month while I spend my days playing with my grand daughter and the mutt puppy she recently rescued in the mall parking lot.
So, while I hate to admit it, I guess what I really wanted was a “lazy man’s way to riches.”
What’s with that?
The point is, your job was never meant to be a route to financial security. Think about it.
How would your boss survive if you were able to actually get ahead financially, or God forbid, build some wealth, on the job?
You’d quit, like any sensible man or woman. And then where would your boss be?
He would have to do the filing and wait on the customers himself—and that ain’t gonna happen—at least not in the places where I’ve worked in the past.
Secret Of The Lazy Man’s Way To Riches
Now hold your breath because I’m getting ready to revel something earth shaking: The secret to the lazy man’s way to riches is residual income.
Residual income is any positive cash flow you receive from various business and investment interests that you control. The key here is the word “control.”
Control simply means you have the rights to the proceeds from the business or investment—but you are not obligated to show up for work, punch a clock, or spend the best years of your life dealing with an unappreciative boss or herds of disgruntled custom.
Robert Kiyosaki refers to this residual income as “passive income,” where you derive an income without having to be actively involved in its creation.
- The best sources of passive income are typically things like:
- Stock dividends
- Rental income
- Small business profits
- Royalties from intellectual properties
Interest from cash deposits or accounts receivable
Take another look at Kiyosaki’s passive income sources. You’ll notice they all require capital and sweat equity to put into place —which makes the “lazy man’s way to riches” sound like a myth. And you would be right to think that. Truly, unless you have inherited a portfolio of stock, a real estate empire, or the rights to a dead relative’s copyrighted material, you will have to do the work and make the right investments upfront to enjoy the “lazy man’s way to riches.”
But don’t get discouraged. This is something you can do—just as the characters in Burke Hedges’ pipeline parable created their wealth systems.
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