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Home Based Business Information At It's Best!: 02/08/07

Thursday, February 08, 2007

Generating Real Residual Income

by Timothy Rohrer

Copyright 2006 Timothy Rohrer

Weve all heard it before, "buy this package now and I promise youll become rich overnight." The following statement is just not true and there is no real "Holy Grail" on the internet. Many people feel as though the dot com boom has come and gone and I am here to tell you that those people are wrong.

I am not here to tell you what to get involved in or how to spend your money, rather to inform you on how to create multiple streams of income that can provide for making a living on the internet. The problem is everyone that looks for these types of home based businesses are looking for the easy way out. They are looking for programs that will make them rich overnight and a millionaire in a year.

Being a home business owner and having nothing more than a few hundred dollars when I first began looking for home based business opportunities I can tell you that its work. The major reason 99% of the people who whish to start a home business fail is that they have no business plan. People tend to become very excited when they hear of a new money making opportunity and jump the gun before they realize what they are getting into. Lets be real here, an online business is a commitment and it is a job. If there is no consistency in the program you chose, you are destined for failure.

The first program I looked into was e-currency trading. I had no idea what this program was or if it actually worked. I had $100 to my name from selling my guitar and decided to invest that into e-currency trading. The program provided to be a money making machine and what was once $100 was now $5,000 in just 3 months. I thought to myself, this is great but why stop here?

Through e-currency trading I met some very wealth people and I thought the best thing to do was to stay in touch with them and find out how they were generating money or how they had started initially. Eventually my contacts in e-currency trading lead to a few very reliable wealthy friends who sprung me onto other opportunities and private investments that area still generating money to this day. Before I knew it I had income coming in from e-currency, private investments, stocks and other business programs.

The key to generating unlimited amounts of money in my experiences is to network with people that are already wealthy and do what they are doing. You dont need large amounts of money to become a wealthy person. The only thing you need is consistency and a strong business plan.

Tim Rohrer is an established writer and home business owner. Tim Rohrer has a proven system that has been paying the bills month after month. http://www.business-opportunity-reviewcentral.com