How to Multiply Your Present Income

How to Multiply Your Present Income

mutiply your incomeMultiple your present income through MSI which stands for multiple sources of income.

We all are providing some sort of service to a primary source of income. When you start to add service beyond your primary you multiply your present income.

Quotes on Wealth

“Never depend on a single income. Make Investments to create a second source.” ~ Warren Buffet

“The only way not to think about money is to have a great deal of it.” ~Edith Wharton

“I never been in no situation where having money made it any worse.” ~Clinton Jones

“If you see yourself as prosperous, you will be. If you see yourself as continually hard up, that is exactly what you will be.” ~Robert Collier

3 Income Earning Strategies

M1 Strategy –  Trade time for money 96% of people do it this way. An example would be work more and more and you will earn money (overtime or a second job).

M2 Strategy – Money goes to work for you 3% of people live this way. An example would be Investments. You really need to be careful most of these people are in the M1 category and if they don’t get advise from someone who knows what they are doing, they could lose their money.

M3 Strategy – MSI (Multiple Sources of Income) 1% of people earn 96% of the money that is earned. An example would be they use method 1 & 2 and multiple it number of times. They invest money, multiple investments, multiple times through the efforts of others and by setting up multiple sources of income. Another example would be network marketing where you earn income through multiple levels of people.

Wrap Up

Start moving to the M3 strategy if you want to become wealthy. Multiple streams of income is a concept which all wealthy use. I once heard an interview from a successful internet marketer. Not sure of his name, but I liked what he was saying and he was very young. I was impressed, he said something that was so eye opening to me and I never forgot. He said, “If you are selling something, sell something with residual income. It takes the same amount of time to sell something without.”

Share and comment if you are in the M3 category or working your way up.

Much Success and Gratitude!

Tom Doherty

Tom Doherty

“Your income grows as you grow personally and professionally.”

Skype: tom–doherty
Phone: 631-241-9623 (text or call)
Email: tom@tom-doherty.com

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