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Stanley Robinson
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How to invest time and make money

Published on 12/1/2016
For additional information  Click Here

How to invest time instead of money to earn passive income

If you are like most folks you know that investing is a great way to build wealth. However most assume it takes being rich to get richer. But there is another way. Itwhat bootstrap entrepreneurs with no start-up capital do to get ahead. 
 

Sweat Equity and Perspiration Profit 

Have you ever heard about sweat equity? Sweat equity is the contribution we make to a project through our own effort, as opposed to buying a share with our money. Sweat equity could also be the value we add to our property but we are not talking about this kind of sweat equity. I will bet you have lots of that kind of sweat equity, but the problem is it won’t pay you dividends until you sell your home. Sweat equity investments can not only be lucrative but can come with much higher returns than capital investments. However there is a catch, you only have so much time in a day. This is why it is so important to focus your sweat on things that will not only make you income now but continue to make you more in the future. 


Sweat Equity is Effort that Adds to or Produces an Asset  

Most people think that an asset is only purchased. But that is not the case. Here is a list of cash producing assets that can be built with sweat equity. 
  • Writing a book 
  • Writing a song or album 
  • Building a Product 
  • Creating an Educational Training Course 
  • Building an network 
  • Building a customer base 

All of these things can be built with sweat equity and can continue to pay you long after you do the work. 

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