The Story of Pablo and Bruno

Here is story that show the story of the pipeline. This story tell us the importance of having passive income.

There are 3 types of incomes:
1. Earned Income
2. Portfolio Income
3. Passive Income

Earned Income is the income that you have to trade your time for money,let say today you are a sale person, today you sell, you earn income, today you don't, you receive no income. That is to say we work for money.

Portfolio income is the income that we received for investing in mutual funds, share, and financial instruments.

Passive Income is the income that we received but we are not actively working for it. Example of passive incomes is invest in properties, cutting album earning the royalties, affiliates marketing commission, online advertising revenue from websites and others and network marketing.

So know you know the importance of passive income? Whom you want to be Pablo or Bruno? But building passive income is does not mean that no need to put in hard work. We still need to put in hard work initially and e.g like having a business, if you build a system that help you to automate your business and employ staff to take over, you no need to physically there to work for the money..We still need to put in the hard work at the beginning in order to reap the sow at the end...instead of working hard for money throughout our lives. Now, whom you want to be, Pablo or Bruno?

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