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If over the next several years you were to buy or build several of the income generating streams noted in the above section, you will have created multiple streams of passive income for yourself.

This is exactly what you should be doing to bring in more and more money for yourself without having to do any additional work. As long as your income generating assets, like businesses, real estate, or investments, are set up to run without your daily involvement, you can keep creating as many of them as you want.

The more you create, the more money you will earn.

Multiple streams of passive income are the secret to becoming wealthy without burning yourself out due to being overworked.

Even if it takes you many years to get several income streams going, in the long run it will be worth it. And the time is going to
pass anyway, so you might as well be working toward financial
freedom.
The longer you wait to start, the longer it will be before you are
earning the kind of money you dream about.

June 5, 2009