Cookies must be enabled to use this website.
Book Image Not Available Book Image Not Available
Book details
  • Genre:BUSINESS & ECONOMICS
  • SubGenre:Personal Finance / Investing
  • Language:English
  • Series title:How to Create Wealth
  • Series Number:1
  • Pages:46
  • eBook ISBN:9781311751669

How to Grow Rich by Creating Multiple Streams of Residual Income

by Praveen Kumar

Book Image Not Available Book Image Not Available
Overview
You can find financial freedom and become seriously rich by simply understanding the phenomenal power of creating multiple streams of residual income. Once you read this book you will learn how the rich create their wealth and sustain it for generations. The good part is so can you?
Description
You can find financial freedom and become seriously rich by simply understanding the phenomenal power of creating multiple streams of residual income. There is a saying that “The key to wealth and happiness in today’s world is to create multiple streams of income using diverse models and combination of passive and active income in areas where your passions and talents can be most thoroughly engaged.” Most of us start making money through a job where we trade our hours for money. The trick to real wealth is to slowly change our income source from linear or work income to residual income were money works for us. In this book bestselling author Praveen Kumar explains how to shift from linear income to creating multiple sources of residual income that will sustain your family wealth for generations. This book will explain the following vital aspects of creating multiple streams of residual income: * What is the problem with linear income and why residual income is important? * Categories of Residual Income * Steps to create residual income * Real estate as basis of residual income * Some great passive income ideas * How to create online residual income * The problems in creating multiple streams of residual income * The wrong way to create multiple streams of residual income * The right way to create multiple streams of residual income * Practical steps to creating multiple streams of residual income Once you read this book you will learn how the rich create their wealth and sustain it for generations. The good part is so can you?
About the author
Praveen Kumar is a best selling author who was abandoned by his father at the age of fourteen and joined the Navy at tender age of fifteen where education and free rations were guaranteed. In order to understand the root cause of suffering he turned towards philosophy and religion. His intense spiritual quest lasted for over fifteen years. During this period he totally neglected the material side of life. Then one fine day he understood that 'life is 'and material and spiritual world are closely interwoven. You cannot live in one without the other. There is a saying that 'Once your mind expands it never goes back to its original state'. Something of the sorts happened to him and the transition happened within a very short period of time. His doubts and sufferings vanished and his mind became balanced and steady. One of the reasons he identified as root cause of his suffering was his deep seated financial insecurity resulting from his childhood deprivation. He took pre-mature retirement from the Navy after having successfully commanded submarines and set about building his financial future. Within short span of a decade starting out with virtually no capital he built his financial empire through real estate investing and internet marketing that has allowed him to retire and work from home. Praveen strongly feels that it is only through increasing ones spiritual, emotional and financial intelligence can someone transform not only ones own life but also of his loved ones. He now writes books and articles on financial and spiritual matters to empower people to improve their lives.
Thanks for submitting a review!

Your review will need to be approved by the author before being posted.

See Inside
Front Cover

Loading book cover...

Book Image Not Available Book Image Not Available
Session Expiration WarningYour session is due to expire.

Your online session is due to expire shortly.
Would you like to extend your session and remain logged in?

Session Expired

Your session has expired.We're sorry, but your online session has expired.
Please log back into your account to continue.