Move From Linear To Residual Income
You might be surprised how many people are in this great position right now. What do you do when you have more customers than you can handle? For this listener, I make a recommendation that she teach others to do what she’s doing now. In moving from the doing to the teaching, she can also move from linear to residual income – work less and make more!
Episode #835 June 17, 2022
Hi this is Dan Miller – and yes you’re listening to the 48 Days Radio show – where each week we take 48 minutes to dive into real life questions about finding your passion, deciding what kind of life you want to live – and then finding or creating work that allows you to show up every day, excited to be able to do something that is meaningful, fulfilling – and profitable. This is where normal, indecision and ambiguity come to die. Welcome to the 48 Days Radio Show.
Thank you for being a listener of this podcast. I love hearing from you and being allowed to think through the questions we all have about finding or creating work that matters, for people who care.
Questions:
I invested $48 to start my landscaping business and am now making $1000 a day.
One of my consulting clients wants me to become their employee. Should I do it?
I would not recommend signing on as a full-time employee. Instead, look at a monthly retainer for up to so many hours per month and then charge a higher rate for any overages.I’m an RN midwife doing over 100 births a year. I’ve already turned down 67 this year. How can I leverage my position?
How can you leverage teaching and showing others how to do what you’re doing. That’s where the riches are. This will allow you to move from linear to residual income.Now I’m 90-years old and on top of the world!
I’m 80 years old. How can I best help the temporarily sheltered teenagers in my town?
The best opportunity for these teens is to start businesses rather than go to work at McDonald’s for $10/hour. Start with our 48 Low and No Cost Business Ideas. It’s free to Eagles in the Courses section. Others can get it here. See the other links below. You can then mentor them. Get them together and help them determine which one best fits them and how can they move from linear to residual income.How should I use the questions at the end of each chapter of 48 Days to the Work You Love to maximize my value?
The process is not to just read the material. You need to assimilate the principles, do the introspection and take action. We believe in that so much that we have a corresponding workbook to 48 Days To the Work You Love. Check it out here.Quotation:
[click_to_tweet tweet=”‘The greatest good you can do for another is not just to share your riches but to reveal to him his own.” Benjamin Disraeli @48daysteam” quote=”‘The greatest good you can do for another is not just to share your riches but to reveal to him his own.” Benjamin Disraeli “]
Resources:
Acres of Diamonds – Get it here
48 Low or No Cost Business Ideas – Get it here
Find out more about the 15-hour-per week side business building formula here.Finding Work From Home Opportunities:
https://www.howtomakemoneyasakid.com/
https://www.dollarsprout.com/work-from-home-jobs/
https://automattic.com/work-with-us/
https://www.ziprecruiter.com/Jobs/Online-Work-From-Home
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Have a Question for Dan?
Submit your questions at www.48days.com/askdan
If I use your question we’ll send you an autographed copy of 48 Days to the Work and Life You Love