What is Recurring Passive Income?

I think everybody should have a recurring passive income and I only wish that I was aware of this concept when I was in my 20s.

However, when I was in my 20’s I hadn’t even heard the term.  So, what exactly is passive income and why is having one so desirable?

Possibly the simplest definition is “a recurring income that takes little or no effort to maintain”.

An example could be a winning a competition with a prize of £1000 per month for the rest of your life. That’s all very nice but the odds of winning such a competition are extremely low and in no way under your control.

Another example would be royalties from publishing a book or recording a CD*; both of which are not things that the majority of people have a talent for.

* As a side note, the ability of both of these to produce a recurring passive income has been severely affected by developments in technology. The downloading of books and music, both legal and illegal has severely impacted the industries. It’s why so many recording artists are up in arms and back out touring; their passive income has been reduced!

In short, recurring passive income is income that keeps coming regardless of your current activity.  That’s what makes it so desirable.

The alternative is “active” income. The majority of us are taught to get a job, career or trade where we exchange our time and talents for financial reward. Or we start a business and supply a product or service and for every sale we make a profit. However once that financial reward has been made we have to sell again or exchange more of our time and talent. If we are not actively working, we don’t get paid.

There is nothing wrong with this type of income; however, opportunity exists for everybody to generate a passive income alongside their main income producing activity… without having to risk that income.

Another well-known form of recurring passive income is that generated from rental property. However, huge sums of capital need to be tied up in property in order to generate a few hundred or maybe a few thousand pounds of monthly income.

Another form would be the interest earned on investments.  Again a substantial amount of money would need to be invested. As an example in order to generate £2000 a month you would have to invest £600,000 and get a return of 4%. In order to get such a return in the current economic climate you would have to invest in something with a high element of risk… and not many people have £600,000 lying around!

The good news is that opportunities exist for practically anybody to generate a recurring passive income without any special talents and without having to tie up capital. These are low-cost, low risk opportunities that can generate a few extra hundred pounds a month up to life changing amounts.

If this intrigues or interests you, and quite frankly in these challenging times it should, please contact me.

2012... Same again?

Happy New Year!

I’ve heard so many people saying that this is going to be their year. How about you; is it going to be the year that things change for the better in your life?  

Let me ask you a question…

Is what you are currently doing moving you closer to being who you want to be, having what you want to have and spending more time doing the things you want to do, with the people that you want to do them with?  

If not, you need to do something different; otherwise 2012 will end with you being in the same position as you ended 2011.

Every person I know craves just two things to achieve their perfect life style: money to pay for things and time freedom to actually do the things they want to do.

In life, very few achieve this. It’s not that we can’t or that it’s impossible. It really boils down to what vehicle you choose to create passive income (income received on a regular basis, with little effort required to maintain it). All time and money wealthy people (about 3% of the population) derive passive income from their business, investments or property.

Occasionally a vehicle emerges which ticks all the boxes. This is not something to replace you current income generating activity but one to bolt on – as a Plan B – to what you already have.

A Plan B is vital today. We just cannot put all our eggs in one basket. Companies are going out of business and downsizing. Jobs are being lost. Would it not be wise to have another income option up and running?

I think we have the perfect solution. 

If you like the idea of combining fun, travel and making money let me invite you to click on this link to watch an information video… or even better, contact me so that we can have an informal chat.

If you ignore this, nothing will change for you... which may be exactly what you want. But if you really want 2012 to be an incredible year, this may be the answer.

I urge you not to prejudge anything until after we have spoken and you have reviewed the information in its entirety and had your questions answered.

Our international team will work with those who want all that this has to offer.

Best wishes,

Jon

Tel. +44 1935 83200

Mob. / Cell. +44 7760 264845

Skype; jonmajeika

Serious Virus Warning!

Serious Virus Warning

Generally I do not forward virus warnings let alone write one myself. Most of them are hoaxes and do nothing but waste time and spread fear.  That is interesting in itself as the virus that I wish to warn you about is called fear and it has spread throughout the world. And have you ever noticed how quickly those fake warnings spread?  Bad news travels far... and fast.

When you start to read about the effects of this virus you may think that I'm about to hit you with a punch line and that it's all a joke. Sadly, in this instance, I'm not. Although one thing we all need to have is a sense of humour.

The Virus

This virus, the virus of fear, is so powerful that it doesn't need a computer to spread it.  It has far greater impact than stealing your credit card details and wiping your C drive and it can rob you of your true identity.

It is spread from person to person and although it is not a medical condition it may be regarded as an illness and it is more prolific and deadly than bird flu and swine flu combined.  It is pandemic.

The fear virus is spread by the media, by newsreaders and newspapers, by politicians, by friends, by teachers, by religious leaders and even by parents.  Few are safe from its powerful effects.

The fear virus is started with a seed of negative information e.g. "tough times are ahead".  This spreads rapidly from person to person, from news item to news item and people start reacting to it; focusing on their fear of loss, changing their spending habits, reducing investment in their businesses, talking more and more about all that is bad and negative. Before you know it, it has spread across the world and become reality.  Fear of loss is self-perpetuating and deadly.  Jobs, businesses, and even lives are lost. Worldwide the belief that resources have somehow, suddenly and miraculously become more scarce can even start wars.

The Cure

However, unlike a medical virus which has to be left to run its course and cannot be treated with drugs, the fear virus has a powerful remedy… a positive mental attitude. 

Avoiding and dismissing negativity and immersing oneself in all things positive is as powerful a "virus" as fear.  There are many ways we can do this: surrounding ourselves with positive people is key. Reading books on personal development and success instead of watching DeadEnders and "the news" and reading mainstream newspapers. Being involved in an organisation that focuses on bringing about positive change.

As positivity spreads it brings about hope which leads to belief, faith and joy. This positive energy spreads from person to person and a rising tide of energy creates happiness and opportunity. Again peoples’ spending habits change but this time for the better. Investment in businesses increases and with it jobs and new opportunities.  

The Message

The underlying message is that the way we think as individuals determines what happens in our lives. The human being is, as far as science is aware, the only living creature that has the ability to choose their thoughts.  If you allow others to determine your thoughts you will lead the life that they determine. The thing is, it's easier to go along with everybody else and allow the fear virus to control us. Change takes determination.

There's an old saying "be careful what you wish for". It should not be taken lightly.  A wish is a thought. Be careful what you think about for what you think about you bring about; both good and bad.  Many minds thinking together are vastly more powerful than one. Wholesale fear has brought pain, misery and suffering. Wholesale positive thinking will bring happiness, joy and abundance.

Please share this message with those that you wish to help and protect… as you would with a computer virus warning.

Footnote

If changing your thoughts and therefore your life is of interest to you please feel free to contact me. I can help you choose a starting point.  It may be a book, a film or even a seminar.  In fact the most powerful seminar that I have ever attended is being held in Amsterdam in less than two weeks time.  Come with me.

Published 5 September 2011

"At 72 his income wasn't enough to do the things he and his wife wanted to do."

I've been having a conversation with a woman called Beverley from Australia.  She represents a different company in a different market to the ones I represent.  We use the same method of distribution though, it's called network marketing. As fellow professionals we respect and support each other.
She told me about a man in his 70's that has just joined her business. I think the story says a lot...

"Hello Jon, to me, Network Marketing is really the only game in town - creating a residual income is paramount - I know people here in Australia who have lost a lot of their income - which they got from investments that have now gone sour. 

I have a man who recently joined my business - he is 72 and wanted to do something because his income wasn't enough to do the things he and his wife wanted to do. Now after only 7 months he is earning enough that he doesn't need to worry he will run out of money before he runs out of life! 
He told me he had always scoffed at those who were network marketeers - and wishes he had understood it better a long time ago. He is delightful - and so enthusiastic - he is having a wonderful time. That is so good to see."


To understand network marketing better yourself take a look at this short, generic video. It's called "The 4 Year Career":

CLICK HERE

Robert Kiyosaki - The Perfect Business

Believe in achieving your dreams...

I came across this story some time ago and I thought I'd share it. I have no idea who the author was. It demonstrates the importance of overcoming your fear of failure and going for your dreams...


The Dream
 
A man lay on his bed at the end of his life waiting to die.
His dream came to pay his last respects and bid farewell to the man who had never used it.
As it entered the room the man looked down in shame.
"Why did you not realise me?" the dream asked.
"Because I was afraid" the man said.
"Afraid of what" said the dream.
"I was afraid I would fail."
"But haven't you failed by not attempting to use me?" 
"Yes I did, but I always thought there would be tomorrow."
"You Fool!" said the dream, "Did it never occur to you that there was only ever today, the moment that you are in right now?"
“Do you think that now that death is here that you can put it off until tomorrow?".
"No” said the man, a tear gently rolling down his cheek.
The dream was softer now, because it knew that there were two types of pain, the pain of discipline and the pain of regret, and while discipline weighs ounces, regret weighs pounds.
Then the dream leant forward to gently wipe away the tear and said,
“You need only have taken the first step and I would have taken one to meet you, for the only thing that ever separated us was the belief in your mind that you couldn't have me".
Then they said goodbye and they both died.

Business Networking v Network Marketing/MLM - A Comparison

Click to enlarge

Business networking and referral organisations, both online and offline, often take a "no network marketing/multi-level marketing" stance. Groups like BNI, 4Networking, Ecademy and LinkedIn are a few examples.
This has always intrigued me because both are simply business models.  The goal of each is to build a network to distribute a product.  The product could be the opportunity to network with other business people (for the purpose of growing ones own business), the other is used to distribute all manner of things such as cleaning products, utilities, health supplements and travel.
The goal in each case is to grow a business and to make profits.  Both are great models and both work. Some members of business networking groups have more success than others and some quit and claim that they don't work.  The same goes for network marketing.  
And yet, despite using an almost identical system, only one of these business models actually pays the people that are really responsible for growing the network.  I'll let you make up your own mind as to which is the fairest.
Food for thought?