What Are You Building?

3
233 followers

Are You Building Your Business For The Long Term?

55 Years old. Sold mostly everything known to mankind.

Prepared over 20,000 Home Based Business Tax Returns.

But it wasn't until 1997 that I discovered that I was not building the type of business that was long term. Sure, I could keep preparing tax returns every year. But I still had to do it.

When I met my mentor, he taught me how to create passive income, the right way.

We set up a passive stream of income in my tax practice that I still collect today, almost 19 years later!

He also taught me how to recruit in MLM and I created another stream of income.

Now, with my strong interest in internet marketing and building websites, I came onto Wealthy Affiliate. But before I did, I looked into many companies that were similar.

One company was interesting because of the high ticket component, but it had no residual income. It was building a job. You had to keep selling to make money. Every month you started at zero.

What I was looking to do was build on my existing streams and create more passive income. Some may argue that the commissions are too low in WA, but I disagree.

I found out it is better to have many at a smaller price than a few at a large price. If you lose a few, it has little impact.

I am about building a long term business here at WA. I already proved that I can build streams of income, so away I go. I like going on vacation for 2 weeks and still making money!

Build streams of income!

Cheers

Steve

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Recent Comments

3

Great post here Steve. You were fortunate to have a mentor early on. We could all use that.
It sounds like you are doing well anf on the right path. Im 4 months young in this online business and have a long way to go. I too am 55 years old nect month. I wish I would have known about this marketing opportunity online years ago. As it is now, this is the only thing I have to build my financial security for my future. My J.O.B. has nothing to offer outside of a pay check that I trade all my time for.
Kudos to you! Wishing you lots of success on your journey.

Mark

Loved reading this post.

You got it Steven, Passive income is the key, do the work once and keep getting paid for it. Go get em:)

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