Residual Income Opportunity Blog

Can you folks agree with me that one of the keys to success and setting up residual income streams is time? I don’t know if that is accurate to say because for some people depending on what kind of investments they make or online opportunities they get involved in they can make some good money pretty quickly. What I think it really comes down to though, more precisely, is patience and setting a long term goal that you stick to.

As I’ve mentioned many times before I truly believe that in order to learn how to earn passive income one of the shortcuts is through coaching. Well today I finished a session with a new internet business coach that I’m working with and I must say I felt a bit discouraged. It’s usually the opposite but after speaking with him I could see clearly in front of me that goals I’m trying to achieve in terms of business opportunities, income, and success are most likely going to take time and patience.

One of the reasons I clearly realized this is just because the content he was teaching me was not exactly what I want to do to make money. It is a web model of generating passive income that definitely works but to tell you the truth I don’t see it as a long term income generator. After I hung up the phone I started contemplating about why I felt down but couldn’t figure it out exactly yet.

Later today I was reading a book by Robert Kiyosaki and he was speaking about how successful people are the ones that usually set and then follow long term success and wealth goals and don’t rush to achieve them. They know it will all come with a matter of time. Unsuccessful people chase faster results. I think that happened to me a bit today. I spoke to my coach hoping to hear some magic words but didn’t. Instead I heard about making money in a way that I wasn’t comfortable with so in some ways I was placed back at square one.

Anyway the wealth and success lesson for me out of this is that this whole process is going to take time and that I don’t need to rush it. I’m making at least $10 a day in passive income off the Internet and I’m going to keep working steadily towards my goal of $200 a day off the Internet. I have a long way to go to hit that passive income level but I’ll make it happen because I know success and good opportunities take time to develop.