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Free business idea that can work for you !!!

Discussion in 'Biashara, Uchumi na Ujasiriamali' started by Senior Boss, Nov 30, 2011.

  1. Senior Boss

    Senior Boss JF-Expert Member

    #1
    Nov 30, 2011
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    [h=1]Residual Income
    (Passive Income)[/h]
    [​IMG]
    Some people go through their entire lives without being exposed to the term residual income, however with our education background and experience in wealth creation we feel that it is our duty to let people know that there is a better way.
    Residual income, also know as passive income, can be defined as income streams that are generated from the past efforts of an individual and/or current effort of others. A good example of this includes the additional pay given to a performer for re-runs, repeated use of a film, radio or TV commercial etc., in which the performer appears.
    To fully appreciate the concept of residual income we must first understand the way in which most people get paid, and that is in the form of linear income. Linear income refers to trading hours for money. For example, most people go to work for 8 hours a day and get paid for 8 hours work. The problem with linear income is that there are only so many hours you can work and the minute you stop working, you stop getting paid.
    In my early days, I graduated as an engineer, found myself a job and like most people every fortnight I got paid a check for 80 hours of work. After a couple of years of working as an engineer, I got married to my lovely wife and before long we had our first child. Three months before our first child was born I filed for paternity leave. It was on this day, I learnt that I would not get paid for paternity leave and I would have to take holiday leave to receive payment. Living with a mortgage, I was forced back to work so we could pay the bills when I would have preferred to be at home, looking after my first child and my wife.
    I’m telling you this story because many of you may find yourselves in a similar situation, where when you stop working so will your pay - this is the limitation of a linear income.
    It was at this stage of my life I knew I had to find a way to make money even when I wasn’t at work. As the law of attraction took effect, it was not long after that an old university mate called me to catch up. When I told him my dilemma he basically told me there was a better way. He explained that if I implemented the right strategies I potentially could stop work, travel around the world for 6 months, lazing in the hot sun sipping on a margarita in the Caribbean and my income would continue to roll in. This kind of income sounded very appealing, as I’m sure it does to you. My friend then went on to explain the concept of residual income and I have not looked back since.
    After doing a bit of research and reading a few books on the issues, I discovered residual income was not a new concept and that the wealthiest people in the world today do not trade their time for money, instead they earn their wealth through the means of residual income.
    To demonstrate how residual income works, let’s use the example of a well known actor such as Mel Gibson. Mel started his film debut at the age of 18, starring as the lead role in the movie Mad Max, which was first released on 12 April 1979. The film was independently financed and had a reported budget of AU$300,000 — of which $15,000 was paid to Mel for his performance. To date, there has been over a $100 million dollars in profits made worldwide from this production.
    For fun, let’s say there has been 10 million DVDs sold with a profit of $10 each, totalling the $100 million in profits made. Now let’s say that Mel made a deal with George Millar, the producer, to receive 50 cents for every DVD sold. Despite the fact that Mel only made $15 000 for initially starring in the film, to date he would have been paid $5 million dollars in royalties for the 2 years work he did almost 30 years ago.
    Now I’m not sure if Mel was savvy to this way of making money back then, but he definitely is now. Today when Mel Gibson stars in a movie, he may get paid more than $20 Million dollars up front for the role, but as a smart businessman he also ensures he gets paid royalties, meaning that he continues to get paid a small commission from related merchandise item sold. Although Mel has finished making a movie which can take 12 months to complete, he will continue to get paid for the rest of his life. Now that’s residual income.
    Other examples include writing a book or a song where you continue to get paid a royalty each time the book is sold or the song is played on the radio. I know you’re probably thinking yeah, but I’m not an actor or I can’t write or sing, well neither can I, but what I do know is that there are other ways that allow the average person to earn a residual income. I just encourage you to do your research to see which method works best for you.
    The good news is that there are several avenues to generate a residual income, some of which are discussed below.
    Operate a traditional business

    In this option you choose to start your own business and sell or resell goods or services earning a profit on each item sold. Although many people initially consider this option they soon learn that this method usually requires a major financial investment which many do not have. Additionally there is the need to have a good understanding of cash flow, marketing and management skills and if your business succeeds you won't have just one boss; every customer becomes your boss.
    Although some may find owning a traditional business rewarding, this risky venture usually requires a huge commitment with very long hours where you basically become a slave to your business. This is not to deter people from looking at this option, as with the right approach it can be financially rewarding. Research does however suggests that the odds are against success, especially if you begin without substantial funding. About 80% of small businesses fail within their first year. A further 15% will fail within 5 years. Out of the 5% left very few will be around for another 5 years.

    Investments

    Stocks and bonds, real estate, venture capital, and other investments are proven ways to earn residual income - but they require substantial up front capital. For your money to earn money, you must have a great deal of it to start with, which is great if you do, but unfortunately most people don't. The current average superannuation payout is about $226 000. If this amount was invested at the current interest rate of 5% this would equal $11 300 p/a in interest or $217 per week to live on. How much do you live on now? Are you willing to give up your quality of life, or is there a better way?
    Direct & Internet Marketing

    This method of delivering goods and services to the public is creating one of the fastest growing industries across the world, offering distributors a residual income in return for a low risk investment. In particular there are about 150 000 people entering the network marketing industry every single week, all hoping to capitalise on this growing trend that is being endorsed by leading financial businessmen worldwide.
    Robert Kiyosaki, famous author of many wealth creation books including the "Rich Dad Poor Dad" series, has been a big advocate for the network marketing industry for many years. He explains that anyone with drive, determination and perseverance can build wealth and residual income through a revolutionary business model that is designed for people who like helping people.
    For people who desire residual income who don’t have the capital to earn it through investments, or the talent to earn it through royalties, network marketing is a growing trend that offers a simple business model that is proven to help everyday people earn financial freedom through residual income.

    GOD BLESS YOU !!
     
  2. Ruhazwe JR

    Ruhazwe JR JF-Expert Member

    #2
    Dec 1, 2011
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    mkuu umerudi tena!
    Nazani utakua na nia nzuri sana iwe kwa upande wako au kwa mshiriki/mteja umtafutaye.cha msingi kujua umetarget wateja wa aina gani kielim?na kama ni wa nyanja zote waliosoma na wasio soma hata watanzania basi jaribu kujitangaza hata kwa kiswahili
    lakini kama sijakosea mara nyingi ukija hapa watu ukushambulia sana wakibeza we unadhani ni kwa nini?mimi sijapata kuftilia izi inshu zako.
     
  3. Don Mangi

    Don Mangi JF-Expert Member

    #3
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    I hate western oriented economy...western oriented economical ideas....rich dad pooor dad...nan katajirika kwa kujihangaisha na vi principle vilivyo kwenye vile vitabu...time wastage our african economy haiko hvyo centralized ....tunajua kimoja tu....kuhangaika...achana na vi principle vya kimagharibi
     
  4. Senior Boss

    Senior Boss JF-Expert Member

    #4
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    kaka i'm trying to educate you people on what can benefit and soot you in this tough economic situation in our country here in Tanzania and africa as a whole. It is difficult and risky to go on business on your own and requires much capital and supervision. This business model can help you succeed even if you have nothing. There a lot of people who have suceeded in this business model. You just have to take action. NOTE: You are a product of your thinking !!!
     
  5. MAMESHO

    MAMESHO Senior Member

    #5
    Dec 1, 2011
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    kaka i'm trying to educate you people on what can benefit and soot you in this tough economic situation in our country here in Tanzania and africa as a whole. It is difficult and risky to go on business on your own and requires much capital and supervision. This business model can help you succeed even if you have nothing. There a lot of people who have suceeded in this business model. You just have to take action. NOTE: You are a product of your thinking !!!


    hapa fikiria mara mbilimbili,, ukifanya biashara accept the much risk as you can sio sahihi kukatisha watu tamaa. pia nakushauri kama uko kwenye chain business or you use certain model think as far as possible with other business as well. ni kweli Mangi anachosema usicopy na kupaste kila kitu,, maizingirisha hivyo ulivyosoma hiyo ndiyo elimu yenyewe
     
  6. Don Mangi

    Don Mangi JF-Expert Member

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    u myt be ryt an wrong at the same tym...hvyo vi principle vya ki magharibi lengo lake kuu ni kuuza vitabu na kupata umaarufu. Kiyosaki leo watu hawajui hata anafanya biashara gan but anatambulika kwa kutoa lectures na kuandika vitabu vya mambo ya personal income,investments sikatai kwamba wenzetu wa magharibi vinawasaidia kiasi flan but kwa kweli africa hata uniamshe nikiwa na usingizi wa aina gan it doesnt work yaan haifanyi kazi
     
  7. Senior Boss

    Senior Boss JF-Expert Member

    #7
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    OK....kwa hiyo unataka kunambia wewe ni kichwa kuliko kiyosaki, bill clinton, paul zane pilzer (America's top econometric & financial analyst), warren buffet (worlds successful entrepreneur), Jim Rohn (Americas foremost business philosopher) ??? Kama wewe ni kichwa na una mafanikio zaidi yao....ingekuwa vizuri jamii forum members tufuate ushauri na mafunzo yako !!! Lakini kama huna lolote na concrete envidence & points its better usi comment kitu usichokijua !! Kaa uliza ujifunze how this plan works !!! hamna biashara na business plan rahisi....biashara zote ngumu....what matters ni ipi ina maximum advantages and a better solution !!!
     
  8. Don Mangi

    Don Mangi JF-Expert Member

    #8
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    mbona hunipi mifano ya kiafrika? Mm ninaweza nikawa kichwa kwendana na mazingira yangu na elimu nilionayo...mbona tunautukuza uzungu na kuukana uafrika kimawazo...watu woteee hao uliotaja mbona sioni jina linaloendana na mazingira yetu? Tusiwe watu wa kubebwa hovyo na wanamagharibi mpaka uwezo wetu wa kufikiri..tuwe watu wa kufanya mambo kwa upeo na mazingira ya kiafrika; sikukatalii hao watu unaozataja vinara wa elimu ya uchumi na biashara lakini je mazingira yao na yetu na mawazo yao ni kwa kiasi gani yanafanikiwa katika afrika na hasa nchi zinazotafuta picha ya maendeleo? Utagundua kuwa mchango wao ni wao vitabu vyao kununulika tu na pesa za watu ambao wanaishia kuajiriwa na kuendeleza mfumo ule ule bila maendeleo yeyote makubwa...na asimame mtanzania yeyote humu jamvini anielezee ambavyo idea za kina kiyosaki zimemuongezea kipato na ana maendeleo gani hata kufikia robo ya mtunzi wa kitabu kilichomsaidia...this is crystal clear I dont thnk I have to waste my time in this...mwenye ubongo anachambua zipi pumba...upi mchele
     
  9. Senior Boss

    Senior Boss JF-Expert Member

    #9
    Dec 2, 2011
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    255660_10150287029051833_712716832_8920399_231255_n.jpg FLP Checks (32).jpg

    Unataka ushahidi?? check hizo picha hapo....mtanzania from Mwanza Alphonse Chilato ana make sio chini 30 Million monthly......na kuna wengine wengi tu......kama una bisha tena naweza nkakuonyesha hata wanapoishi.......lifestyle yao.....kama una bisha amini ndugu yangu....hivi vitu vina exist na watu tunaona mafanikio bila chenga. it's up to you!!
     
  10. Senior Boss

    Senior Boss JF-Expert Member

    #10
    Dec 2, 2011
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    watu wana receive checks za mamilioni since 2008 mpaka leo !! wewe tu....alaf mnasema tz kuna umasikini !!! nani kakwambia wewe, umasikini unautaka mwenyewe !!! safari za nnje kwa sana tu na magari yetu tunaendesha.....!!! uliza swali lingine !!!
     
  11. Senior Boss

    Senior Boss JF-Expert Member

    #11
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    Picture1.jpg 255746_10150287028781833_712716832_8920392_4548796_n.jpg 40155_158437397513476_100000416493934_414637_2702377_n (1).jpg

    Vijana wa kitanzania wasio zidi miaka 25 wakijipatia kipato maradufu kupitia biashara ya mtandao....na kutambuliwa duniani na mmiliki wa kampuni moja wapo ya network marketing....Rex Maughan......kama unabisha waweza mtafuta google !!! Rex Maughan ni mmoja wapo matajiri makubwa ulimwenguni katika list ya top 500 in the forbes. jiulize wewe na biashara zako unazo fanya kwa sasa zinakuletea manufaa yeyote y kimataifa??? kama jibu ni laaa.....CHUKUA HATUA HUJACHELEWA. !!!

    Contact ; businessnetwork540@gmail.com
     
  12. Freema Agyeman

    Freema Agyeman JF-Expert Member

    #12
    Dec 2, 2011
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    afadhali kuna walioshtukia biashara ya wa kutamanishana na kuingizana mkenge.

    Haya mwenzetu mleta mada kwenye network yako uko rank gani na lengo lako ni kufika wapi by mwisho wa mwaka?
     
  13. Don Mangi

    Don Mangi JF-Expert Member

    #13
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    senior manager,
    nafkiri unapoanza kugusia swala la network marketing ndo kabisaaa namna gani ambavyo limeprove failure kwa nchi za kimaskini...najua unaweza ukafikiri mtu kuonyeshwa anapokea cheque ni kama mafanikio...i dont count that as success...success ya mtu m1 kupata mi pesa wakati hana uwezo wa kutoa ajira hata kwa watu w2 hapa namaanisha ajira wa kudumu na zenye mafao zinazotambulika kisheria...huu ndo ulimbukeni ambao watanzania tunapaswa tuuepuke lazima tujiiengage kwenye vitu ambavyo vitawezesha ku create permanent employments lasivyo....hivyo vi chain business havifai lolote zaidi ya manufaa kwa waliokaa muda mrefu and its simply a new capitalist way of taking from the poor to feed the rich...agree with me or not hata kama kiyosaki amekaa kichwani kwako huo ndo ukweli
     
  14. Senior Boss

    Senior Boss JF-Expert Member

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    Polee sanaa.....bahat mbaya sina mda na ku argue na mtu ambaye mda wote uko off point....aya bwana ngoja nifate ushauri wako hahahahahahaha !!!!
     
  15. Senior Boss

    Senior Boss JF-Expert Member

    #15
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    Check na huyu......asa mkenge unatoka wapi ??? Nshakwambia hii biashara unaweza fanya hata kama huna shillingi mfukoni mwako.....hata kama umefulia kiasi gani...hiii biashara bado unaweza fanya na ukatoka......kama ulidanganywa ukatoa hela zako na ma pyramid scheme pole sana sana ndugu yangu. Biashara nayo ifanya mimi sio pyramid !!! My company has been in business since 1978 spanning in 150 countries we utanambia nini??? malengo ninayo mengi sana moja wapo kujenga nyumba yangu ya 3.....sijui wewe una malengo gani ???
     
  16. Don Mangi

    Don Mangi JF-Expert Member

    #16
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    :embarassed2: Senior Manager,
    Nashkuru sana lakini kwa jinsi unavyowasilisha point zako naona hauko off point kama mimi, keep it up kama unafikiri kuwa na nyumba ya tatu ni maendeleo ambayo unaweza ukayaweka jamvini...hata kama ni nyumba za urithi au ni za udongo na kuezeka kwa manyasi.....sema mtu yeyote akikucontact kutoka hapa jamvini aje kwenye the so called hiyo business yako au unayoi advocate NICHAGULIE TUSI...
     
  17. Don Mangi

    Don Mangi JF-Expert Member

    #17
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    Wako vijana wengi hawana kazi kawaelezee hiyo mambo but kama ni huku jamvini unachemka ndugu yangu hizo mambo si za huku sisi tunahitaji watu wanaoonyesha mchanganuo from a to z siyo bla bla za cjui hata kama huna shilingi,,,hiyo sii mambo ya great thinkers ndugu yangu...ona watu kwenye thread za kilimo wanavyokupa mchanganuo, soma wanavyoielezea biashara mwanzo mwisho kitaalam....kama hiyo haitoshi soma na uzi mwingine about kuku ndo utaelewa maelezo yako yanakosa kitu gani.
     
  18. Senior Boss

    Senior Boss JF-Expert Member

    #18
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    Sikilizeni i'm not forcing you people to join my business or anything like that mimi i am just passin out tha information !!! Its you to learn and decide for yourself.....
     
  19. Senior Boss

    Senior Boss JF-Expert Member

    #19
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    hahahahahahahahahahaha sawa mkuu !!! .....nakutakia kila la kheri katika safari yako ya mafanikio....Mungu akubariki !!!
     
  20. Don Mangi

    Don Mangi JF-Expert Member

    #20
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    nashukuru sana na wewe ubarikiwe katika safari ya mafanikio yako
    :A S 103::A S 103::A S 103:
     
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