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Expert Article By: Saumitra M Ghotikar
 


Linear Income Vs Passive Income

At a very recent party , during the dinner hours I could meet a very notable industrialist . I am quite younger to him , rather he was quite senior to me ? age wise too. Incidentally , he happened to be a professional friend of my father , and he had seen me quite young , as a child.

He was quite amazed and asked me , ?What do you do ?? ?Business? ? my answer. I told him that I run a manufacturing unit , which has 12-13 workmen & 2-3 in staff & get a reasonably good sales turn-over. Here is the conversation between us :

?So, this is your business , eh??

?Yeah?

? I am going out of country for a month , will you join me ??

? One month ? impossible . I can?t leave my BUSINESS for a single week also?

? Dear , if you cant leave your business , it?s not business , it?s employment?

?But I am not orking for anybody?

?But you are working for yourself & businesses are run without personal presence?

?Hmm?

?I can leave my business for 1 complete year also and when I return , I can see it flourishes?

? How ? Why it?s not possible with me ??

? In your BUSINESS , YOU are the system , there is no ther system , you are self ? employed?

? What is the difference ??

?You will get paid till you work : Linear Income , I get paid even if I don?t work ? I have a system & that system works : This is passive income.?

The people who have learnt the techniques of making money , passively , are true businessmen , otherwise they are Employees OR self Employed ? Is not it ?

Robert Kiyosaki , in his all books , stresses heavily on this point. Building many businesses & buying assets is the key by which people become rich , acquire wealth. By working for someone else , we shall not become wealthy , never!

About The Author Saumitra M Ghotikar is a young entrepreneur from INDIA , wishes to share with the world , how he is imroving day-to-day , Visit http://www.info-netmoney.blogspot.com to improve financial wisdom

 

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