3 Steps to Recurring Income 🤑

Hi, it's Rob Moore here. I want to share with you 3 steps to recurring income, multiple streams of passive, passive, passive recurring income. There's not a glitch, it's just my itch. So there are actually 3 simple steps to creating recurring residual and relentless income. Most people don't know them. I'm going to share them with you. Step 1 is you have to build assets. So you can only get recurring income from assets. You can't get recurring income from work or labor. Labor and work is occurring income, not recurring income. And it's absolutely vital that you have recurring income Otherwise, the only thing that will be recurring for you is the necessity to work. Warren Buffett said, if you don't make money while you sleep, you'll be working until you die. With COVID lockdown 4.0 a possibility, with people who are unjabbed being ostracized from society or not allowed in certain public places and spaces, With travel restrictions, with the, the difficulty of the retail and the high street businesses, it is more vital than ever that you have recurring income, and you can only have recurring income from assets. Now there's lots of different types of assets, and the ones that I'll focus on that I think will survive and thrive through possible lockdowns and governmental impositions would be digital assets such as your social media channels, such as the monetization tools on social media— Facebook Stars, Facebook Supporters, Facebook Paid Live Events, Instagram badges, Instagram subscriptions coming soon, TikTok gifts, TikTok Creator Fund, TikTok subscriptions coming soon, YouTube channel NFTs, cryptos, the metaverse, domain names, Digital assets is quicker, easier, and cheaper to set up than physical assets. You know, you need tenants, planning, boilers, management, maintenance in physical real estate. You don't need any of that in digital real estate. So step 1 of the 3 steps of building recurring income is you must build assets rather than exchanging time for money. You must have recurring income, not occurring income. Now hit the share button if you think that this content is useful so far, and if you like any of the content that I share. And do make sure that you're following me on whatever channels you do watch me on so that you can get notified when I go live, because I go live most days. Okay, number 2: if you're going to take time to create an asset, you might as well make it evergreen. You don't want an asset that is defunct in 6 months or in a year changes and becomes irrelevant. Now, Mariah Carey, 16 years ago, wrote a Christmas number one, and that's relevant every Christmas, and she makes up to £750,000 a year just in December from one song she recorded 16 years ago. That's like having sex 16 years ago and getting recurring orgasms every day for the rest of your life. Orgasm royalties. Slade wrote their Christmas number one in the 1970s. Over 40 years of half a million pounds in income every single December because it doesn't go out of date. So whether it's your social media, your content, your domain names, your digital assets, make it evergreen. I wrote the book Life Leverage 6 years ago. It's as relevant then as it is— relevant now as it is then. I wrote the book Money 4 years ago. It's as relevant then as it is now. And Napoleon Hill wrote Think and Grow Rich nearly 100 years ago, and it's still relevant today. So for maximum leverage of your assets to create recurring income, you want them to be evergreen. You don't want them to go out of date. You want them to last. Okay, we want— I think a great asset for recurring income is your content. Content into cash flow, information into income. So for example, the 3 main rules of setting up recurring income: number 1, building assets; number 2, making your assets evergreen; and number 3, monetizing— multiple monetization tools and features. This will be relevant in 10 years. This will be relevant probably in 50 years because because I've gone general, not specific with the content, and I'm giving you rules of recurring income. So actually, this content can now become an asset. It can go on my podcast, The Disruptive Entrepreneur. It can stay on my Facebook feed for many years to come. It can be published on my IGTV. I can save it on my phone from my TikTok Live. Okay, so content is a great asset. Content into cash flow, information into income. And then the third of three things you need to, um, have recurring income— the rules of recurring income— is that you need to then turn on all the multiple, um, streams of income, the monetization tools. So I listed a load of them, but you can have subscription tools such as Patreon paying you a subscription from your premium members. There's, um, ads that can go in your Facebook Lives. There's supporters and stars that your loyal followers and fans can donate to you. Subscription is coming soon on TikTok and on Instagram. YouTube have premium and ads. Podcasts have ads and sponsors. Clubhouse are likely to launch a monetization tool coming soon. So there are multiple ways— royalties, premium subscriptions, ongoing recurring income. So if you'd like to fulfill and implement fast the 3 rules of recurring income— number 1, building assets; number 2, peace, not fucking peace, would be to create evergreen assets and content; and number 3, turn on all the monetization tools and features— then I can teach you how to do that at the Recurring Income Summit. So if you'd like a ticket for from me to the Recurring Income Summit, last one of 2021, last one where I can give subsidized tickets away, because in 2022 there will be no subsidized tickets. I mean, it's a charge-for event anyway, and people pay premium upgrade, but as of 2022 everyone will have to pay. I can't give away any gift tickets. But for the last of 2021, as a thank you all for following me, if you go right now to the link robmoore.events, R-O-B-M-O-O re.events, then, um, you can get a gift from me, which is a ticket to the Recurring Income Summit. Let me just, uh, right, let me just reorganize myself here. Thanks for everyone tuning in on the Instagram, Facebook, and TikTok Live. Rob Moore.events is where you can get your ticket for the Recurring Income Summit. Now get this, I have managed to bag an interview with the founder of Netflix. Netflix! No shit, Netflix! For the Recurring Income Summit. So if you'd like to see a 90-minute keynote interview with the founder of Netflix and not have to pay any money for this ticket, then you can join the Recurring Income Summit at robmoore.events. Yep, Amanda's just put the title in there, the Recurring Income Summit. Let me know in the comments if you've joined. I can see some people joining there on the Instagram Live. I've also got a friend of mine who creates major recurring income from physical assets. In fact, he's the biggest owner of this niche in Europe, and he's worth £700 million, nearly $1 billion. So if you love the idea of learning from a billionaire about generating recurring income, then just go to the link robmoore.events. And grab your ticket and do it right now. Now, some things I'm going to share with you at the Recurring Income Summit in terms of content. So I'm going to tell you all the digital assets that exist, uh, for you to leverage to create recurring income. I'm just going to put the link here in Instagram. Now, there's multiple ways to create multiple streams of income from digital assets. In fact, there are probably about 18 different digital assets. So what we'll do at the Recurring Income Summit is we'll set the scene and share with you all the different digital asset opportunities that are out there. Then we'll focus down onto about the 5 main ones, and we'll do deep dive live masterclasses on each one. One of them will be in the sort of crypto and the, um, sort of, um, future of money and online currency space. One of them will be in the social media and monetizing all the social media tools space. One of them will be in the subscription revenue space like Netflix, who have 193 million subscribers. So we'll introduce the scene of all the digital assets that are, um, set upable, implementable, and scalable. And then we'll focus down on about 5, and you'll pick 3. And we'll give you the rules of creating recurring income. Uh, there are about 5 additional add-on rules in addition to the 3 that I've just shared. Building assets, making them evergreen, and then creating multiple streams of recurring revenue from those evergreen assets. They're the 3 fundamentals, and there's about 5 dropdown rules. We'll teach you all of them as well. I've got some amazing keynote speakers, multimillionaires, $100 millionaires, and pretty much a billionaire, and the founder of Netflix. It's coming in a few days, so make sure you go register now. And, um, just a word of warning, there will be no recordings, no replays. And as of 2022, when I charge for the event, there will be no more gifted tickets from me. A lot of people have paid for this event, but I do occasionally gift randomly, sometimes just as a kind of an incentive for you to continue to watch my lives. Sometimes I give them to my supporters, or, um, you know, when people I see have been on quite a lot of my platforms and follow me quite regularly and loyally. Someone has asked, what's the fee for this? I'm actually giving you a free ticket to this one, but it's the last time you can get a free ticket to the Recurring Income Summit. All I would say is this: if you get tickets, show up. Otherwise, don't. Not looking for vaguely interested people or window shoppers. Looking for committed people. So go right now to the link robmoore.events. Rob Moore events. Amanda has just shared it. Thank you very much. I can see there Dickie's just registered. Thank you very much. Thanks for all the kind comments on Instagram. That's very kind of you. I'm really excited about this recurring income summit, uh, because I think that right now with possible lockdown 4.0, possible rules about not being, um, jabbed and not being able to go out and socialize and go to shops and bars and, and clubs, and, you know, the government probably going to put all the taxes up and controlling our freedom, I think it's absolutely vital now you have assets that create recurring and multiple streams of income. As Warren Buffett said, if you don't make money till you sleep, you'll be working until you die. So on that note, I'll see you at the Recurring Income Summit. The link is robmoore.events. I can see lots of people joining. Thank you very much. Be quick. First come, first serve. I like to have 300 people maximum on this event. I don't want thousands of people on it. We keep the Q&As open. You can ask questions of all the speakers. We chat while the event is going on. Nothing to hide and everything to share. And on that note, please do share this video if you find my content useful, and I'll see you at the Recurring Income Summit. Stephen's just signing up there. Um, Makoa, it looks like she's in. Uh, the link is in the Facebook thread, and I'm going to type it in Instagram now. I'll see you at the Recurring Income Summit. Founder of Netflix, no less. I punched above my weight there. Last time I punched above my weight that much was when I got, um, when I married my wife. I actually got Floyd Mayweather twice. That was also a pretty big deal. Cheers. I'll see you at the Recurring Income Summit, robmoore.events. Relentless Saren is in. Are you in?