How To Earn Passive Income Without Quitting Your Job [The Truly Rich Way]

Many of you already heard the word Passive Income. Well, if you do and haven’t really know what does it mean, passive income is an income received on a regular basis, with little effort required to maintain it.

Sounds interesting, right? You are earning while doing it close to nothing. How about that? Now, your next question could be... How can I get that passive income?

First, before I share you about my way of earning passive income, let me share you what I learned from my mentor about “The Reason Why You Need to Earn More”. Here’s the reason:

“You need to earn more, so can grow more. Especially in your character. Think about it. How a person manages his money (no matter whether big or small) will reveal whether he’s gracious or greedy, honest or dishonest, loyal or disloyal.

Money doesn’t bring anything new to the table. Money, by itself, doesn’t make you gracious or greedy, honest or dishonest, loyal or disloyal. Nor does it make you happy or unhappy. Money reveals your character—or the lack thereof”

The challenge is to earn more, but not for the money. It’s about the person that you become because of the journey in earning the money.

Now, let’s go back on how to earn passive income. I know 5 different ways (two of which I am currently implementing)

1.   Earnings from Affiliate Marketing or Internet Advertisements

2.   Income from Stock Market Investing

3.   Real Estate Property Rentals

4.   Earnings from business Profit (I am referring to a business that doesn’t required direct or too much involvement)

5.   Royalty income from books, music arrangement or from any intellectual property

Because of the Truly Rich Club, I am now earning passive income from Affiliate Marketing and Stock market investing. My target is to earn more from multiple streams of income. Yes you can do this without leaving your current job.

Notice the images below. These are the proof of earnings from my affiliate marketing. From year 2009 up to present. This is really optional but if you also want to earn by promoting this group, then you may start doing it now. Join the Private Mentoring Group. 

I also started investing in the Stock Market with the guidance of Bo Sanchez and The Truly Rich Club, using Strategic Averaging Method (SAM)

I thought investing in the Stock market is only for Super Rich and Highly-Educated People 
[I'm wrong]

To give you a glimpse on the 2012 Top 10 Winners of TrulyRichClub’s Stocks and the Top 10 Overall Past Winners of TrulyRichClub’s Stocks . Check the table below and look for the estimated return. Take note that some of the recommended stocks last 2012 here are already not on the current recommended list of company under Truly Rich Club Strategic Averaging Method (SAM). You can only see the actual and current recommended list once you become a member. 

(Disclaimer: Past performance doesn’t guarantee that you’ll have the exact same results in the future. After all, your earnings all depend on the market’s performance.)

There you go. I hope you learn from this Truly Rich Club Review. I also recommend you to join The Truly Rich Club.

I want to leave you this lesson. The challenge really is to earn more, but not for the money. Don't run after the money, let the money run after you. Again, it’s about the person that you become because of the journey in earning the money.

I appreciate if you can leave a decent comment below. or You can ask me a question about Bo Sanchez' private mentoring group, The Truly Rich Club.


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WealthStrategies 101 - Avoid the Free Lunch Attitude – A Lesson Learned From Bo Sanchez' The Truly Rich Club

Have you encountered an office-mate  a friend or a classmate saying, “I will only go out for lunch if someone will treat me…”  or heard a conversation something like this… 

Friend#1:  Someone invited me on a seminar about Financial Mindset and Financial Literacy Matters. Do you want to go with me? I am sure we will learn from this.
Friend#2: Is it free?
Friend#1: Nope, there’s a fee. Not free.
Friend#2:  I can’t go. I don’t have money. I will ONLY attend if it’s FREE. 

End of conversation.

Here’s the lesson I got from Bo Sanchez' The Truly Rich Club monthly newsletter "WealthStrategies":

“If you’re receiving a free lunch today (in any form), thank God for it. Perhaps your parents are still giving you money. 

Perhaps you live with your parents and they don’t ask you to share in the expenses. Perhaps a best friend always treats you out. 

Perhaps a Ninang (godmother) always gives you a monthly allowance even if you’re already 27 years old. 

But for the sake of your own personal growth, I urge you: Graduate from free lunches.

Move on. Grow up! 

Free lunches are crutches. They’re there to help you while your legs heal. But once they’re healed, you need to throw away the crutches. 

If you don’t throw away the crutches, your legs will never be fully healed. 

In the same way, if you don’t avoid free lunches, you’ll never grow in your capacity to earn.”

Let’s break the free lunch attitude. Remember the people that always looking for free. I am sure they will not grow. Success has a price, my friend. You need to pay for it. Pay if forward. I heard this somewhere, "The worst advice that you can have is a free advice" Not all... I guess... but if it came from people with credibility and authority, it's a different story. But if it came from people "who know everything but master of nothing" (in tagalog: sa mga taong "madaming alam pero wala naman tukoy"), a piece of advice... don't listen to them.

Another one. Let me borrow this quotation from Derek Bok, he said…”If you think education is expensive, try ignorance.”  So how about that?

If you're working now, you probably go to school for about 14 to 20 years before you acquired your current position now. Or maybe...after 20 years or so, you're still in school just to get additional degree. And that's not FREE, right? Probably you spent thousand or millions already.  

Same is true in seeking an advice of finding a good mentor, it's not always free. You need to pay for it. The good thing is it doesn't always in monetary form. Paying is not always in monetary form. But that's special case. If you have relatives or a friends that can teach you, go for it. Ask them to teach you in return of value added services from you. But if you have money, and you don't have any access to a mentor-like-relative or a mentor-close-friend, you can always look for someone to guide you. Just find them. or try The Truly Rich Club. 

Thanks for reading this blog and review about Bo Sanchez mentoring club.

See you at the top.

PowerTalk: "Find Your Emotional Why" [Sample Video From The Truly Rich Club)

Find Your Emotional Why and Discover Your Hunger. That is the message. Allow me to borrow these two nice quotations from two great guys, Yanik Silver and Martin Luther King, Jr. They said "If you have a big enough reason to get something done, there’s almost no way you can fail."-Yanik Silver ; "A man who won't die for something is not fit to live." -Martin Luther King, Jr. . Very true, Isn't it?

For me this is very important:  to understand why do we exist and why do we matter. Below is an example of Truly Rich Club video wherein Bo Sanchez, the founder of this private mentoring club discusses the topic, "Find Your Emotional Why". Watch the video below:

I truly believe that God gives us dreams a size too big so that we can grow in them. Here's the question that we need to ponder: Question: Why do people fail to reach their goals? Bo Sanchez said that the answer is: Because they’ve not yet discovered their emotional why. The reason why you’re not able to do it is because you haven’t found a big enough reason to change. So, we should be start discovering our big WHY.  Here's what Bo Sanchez also mentioned in his book "Choose to be Wealthy - 8 Habits of the Happy Millionaire":

"You need a fierce emotional reason to become wealthy — or it won’t happen. Here’s why: We make choices based on emotional reasons, not logical ones. (Oh yes, after the choice, we justify with logical reasons. But the initial reason is always emotional.) The reasons must always come from the heart, not just from the brain."

Learn more about The Truly Rich Club and listen inside the private mentoring website as Bo Sanchez teaches how to change your financial mindset, not only on the context of pure how to make money but on how you will use your money to help uplift the lives of many people as you can. This is not easy, but very doable.
For more information about the Truly Rich Club, go to this link http://rdenal.trulyrichclub.com or hit the button below.

To Your SUCCESS,

Red Denal

PS.   Change Your Financial Life by changing your Financial Mindset,

Learn more here: http://bit.ly/BoTRC

PPS.  If you want to see the complete video of Bo Sanchez' PowerTalk: "Find Your Emotional Why"

Check this link NOW: http://bit.ly/BoTRC

 

How To Be Truly Rich Seminar [Excerpt Video From Bo Sanchez Mentoring Club]

Friends, allow me to share you this video about financial mindset. Below is an example of PowerTalk from Bo Sanchez, a bestselling author and sought after motivational speaker from the Philippines. This is entitled: "How To Be Truly Rich Seminar". This video is just an excerpt from the long video inside the mentoring club.. 

In this video, Bo Sanchez discussed…. “3 Reasons Why People Are Poor”. One of the reasons Why People Are Poor is because… "They don't want to become rich." Wanna know why? Listen to the video below.

Did you learn something from this video? I hope you did.. Please also help me share this video to others. You can post this in your FACEBOOK. Thanks in advance.

You will learn MORE inside the membership club called the TrulyRichClub. As one of the benefits of being a member, you will receive more inspirational and motivational in both videos (mp4 and flv files) and audio (.mp3 files) format inside the Truly Rich Club. 

This is true: "Repetition is the mother of learning and skills", as you go along and listen to these materials, you will learn and change for better.

To Your SUCCESS,

Red Denal

PS.   Change Your Financial Life by changing your Financial Mindset,

Learn more here: http://bit.ly/BoTRC

PPS.  If you want to see the complete video of Bo Sanchez' "How To Be Truly Rich Seminar"

Check this link NOW: http://bit.ly/BoTRC

Here's What I Got: The Truly Rich Club Founded by Bo Sanchez [Plus SlideShare Presentation about this Private Group]

Do you want to be rich? Let me repeat that, with a twist... Do you want to become truly rich? I apology for asking that silly question, I know you may ask me… “Are you insane? Of course, I want to be rich!”

I read this book entitled ""What the Rich Know that the Poor Don’t Know - 8 Secrets of the Truly Rich, How You Can Create Material Wealth and Gain Spiritual Abundance at the Same Time" (What a long book title, huh?!), a book written by Bo Sanchez, a bestselling author from the Philippines. He said "The first giant reason why people are poor is because they don’t want to be rich" My first reaction was (same as you) "What? Is there any human being like that. Are you out of your mind? Of course everyone want to be rich.”

Below is presentation I created using MS PowerPoint and SlideShare.net [PLEASE READ] Truly Rich Club Review Bo Sanchez Mentoring Club

[DISCLAMER] Just a sort of disclaimer before you start reading this presentation. Just for honest to goodness disclosure....Down below you may see links pertaining to the TrulyRichClub website [here: http://bit.ly/BoTRC or http://rdenal.trulyrichclub.com]. Since I am a member of this club, I want to clarify that if you signed up using those links, I will get a little monetary income as a bonus. Let’s continue. READ IT NOW.

Truly Rich Club Review Bo Sanchez Mentoring Club from Red Denal

Join me on my journey. It's true, The Purpose of Wealth is TO SERVE more People. JOIN the Truly Rich Club Now. Let's go back to the question: Do you want to become truly rich?

In his book, Bo Sanchez mentioned that… “As shocking as this may sound, it’s true. Externally, we seem to want to be rich, but internally, we’re deeply conflicted in our unconscious desires. Because our distorted core beliefs about ourselves, plus our crazy religious beliefs about money, chain us to the prison of poverty.”

I totally agree and it hits me. I am guilty with what he said, sometimes we’re being conflicted on the thing we want. Maybe because of fear and negative thinking plus some wrong ideology about money until I discovered this private mentoring club called The Truly Rich Club. Little by little this changes my mindset about money and about living a life with abundance mentality. I am telling you there are more that you can learn inside the club.

You Will Learn More Here: http://rdenal.trulyrichclub.com I wish YOU and your FAMILY More Success this 2013 through the help of Truly Rich Club. 

To YOUR SUCCESS,
Red Denal


PS. I thought STOCK investing is for Super RICH people, I'm WRONG. JOIN the Truly Rich Club Now:

PS. Warning: It’s very dangerous to get into it without guidance. I suggest you join the Club NOW: http://rdenal.trulyrichclub.com