I work very hard for the money that I earn and I’m sure that you can relate. I have goals, passions, and muses (not all of which make money) but all are a part of fulfilling me personally. Residual income to me is not a path to doing nothing, but redirecting my time into things that I enjoy. So I’m here to admit something: I don’t want to work less. It’s true! I actually want to work more, but let me explain.
I Love Work
Anything that I love is related to work. Owning an operating a small business, participating in sports, spending time with family, traveling, and many more of my most loved activities are considered work in some ways. Yes, I am suggesting that spending time with family can be work! However it is the work that we love and are passionate about that drives us to be better people and have a better quality of life.
It’s Better to Give AND Receive…
I’m not saying that “idle hands are tools of the devil” there is certainly a time and a place for true rest and escape. But I don’t know anyone that has pursued the Residual Income Life simply to do nothing. So it’s not about escaping work, is it? It’s about working with what we love. I believe that residual income is by far the most fulfilling model for income in my life’s timeline. Residual income suggests that you receive regular and continuous income for action (or work) that occurred earlier in our timeline.
Finite Vs Infinite
I don’t mind exchanging my time for income. But who says that time has to be proportional to the amount of money you make? If I am investing my time in something I want to be rewarded continuously and not just compensated for a one time sum. But this is fairly obvious, because everyone would prefer to be paid continuously and exponentially instead of a one time finite compensation. So we need to explore the kind of work and the kind of income that returns again and again not the kind that visits once, never to be seen again.
What do you think?
Can you think of a time you put in a lot of work but were rewarded again and again for your efforts?
If you can, please share it with us. If you can’t, then stick around because we want to share our Residual Income Life experiments with you.
-Austin
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