The 6 Millionaire Income Streams (NOT work)

There are 6 main income streams, different types of income streams that millionaires and billionaires leverage to become millionaires and billionaires. Now, there are actually 7 different income streams in total, but the first one, which I call zero, is the one that everyone knows how to do but doesn't make you a millionaire, and that is earned income. Nothing wrong with earned income. The problem with earned income is you're exchanging your time for money. In fact, you know what, you're actually exchanging your life for money. And so this— the majority of millionaires have learned to transcend earned income and move into one of the other 6 income streams that I'm going to share with you. So the first of 6 income streams that millionaires leverage is interest income. Now, interest is either from savings or lending money. Now, of course, when interest rates are really low like they are, you don't get a lot of money in the bank. But actually, lenders are making good money right now because they have a good margin over and above the interest rate. So if you can build up some income to lend it securely, you can start to make really good money. Obviously, the, the borrowers are the broke people, the lenders are the rich people. Okay, the next way that millionaires become millionaires, uh, and the type of income stream is profits income. So we've just covered interest income and now profits income. And you get profits income from either buying and selling assets and making a profit or owning a company and making profits in the company. Now, there's major benefits of owning a company. You can offset taxes and expenses. You can make profits. There's many benefits. You own a great asset. You could sell it. It could create income. But profit income is nice and lumpy. So interest income's not huge, a few percent of the capital value, but it's pretty passive. Profit income can be much bigger, but it's a bit more active. Okay, the next type of income is royalty-based income. Now, royalty-based income is income from assets you have that other people use, rent, or license. So royalties could be in the form of your music, your content, your books or audiobooks, your copyright material, your intellectual property, your franchise, etc. So if you build assets that other people want to use or rent, then you can gain ongoing recurring royalty income. Royalty income is great because it's recurring and passive. If you have a franchise with a manual, once that's done, you get a share of the profits. If you wrote a song in the 1970s and it's still becoming number one at Christmas like Slade did, then you get recurring income from royalties. It's a great income stream. You could have designs, inventions, and patents. Okay, the next type of income that millionaires and billionaires leverage is rental income. This is one of my biggest ones. I have 1,550 tenants who pay me rental income. Now, rental income— one second, excuse me. Uh, yes, of course, property is the main income stream that most of us understand. But actually, there's many things that you could rent out. You could rent out cars, you could rent out clothes, you could rent out tooling and machinery, etc. So rental is from a physical asset that you rent out. Okay, so there's two more. Then there's dividend income. Now, dividend income is either from stocks or shares that you own. You buy stocks in companies, uh, and then you get the dividend income from the profits that the companies make and pay out. Or you own your own company and then you gain, um, dividends. You draw dividends from your own company. Adam has just mentioned garages are something you could rent out. Car parking spaces are something you could rent out. A room in your house on Airbnb you could rent out. There's so many different things you could rent out to get rental income. Dividend income is only really two sources: companies that you don't— you didn't start, but you buy shares in, or companies that you owned. And then the final type of income stream that millionaires leverage and billionaires is capital. Now, capital isn't actually defined as income technically. Income is incoming cash flow. Capital is lump sum cash and money. But capital I love, because if you own an asset and it has capital appreciation and you have equity, that's large lumps of cash or protection capital And of course, you know, many people start a company from nothing and get— build a million, $100 million, or a billion dollar valuation, and that is capital value. So my question to you is this: how many of the 7 different income streams are you generating income from? Of course, you're all exchanging time for money in the earned income, but let me ask you this: are you generating interest-based income from cash? Profits-based income from buying and selling or owning companies. Royalty-based income from assets that other people rent or license. Rental income from properties and other things that you can rent out—car parking spaces, garages, tooling, machinery, clothing, cars, watches—you name it, it can be rented out as long as other people want to use it. Dividend income from stocks that you own or companies that you started. And then capital from asset appreciation and equity. So if you're not earning multiple streams of this income, then you're probably not yet a millionaire, because the millionaire has on average 3 to 7 different income streams and sources. So if you'd like to learn how to generate multiple streams of recurring income from these 6 different income streams that millionaires leverage, I invite you to join Rob.team because on my platform Rob.team I can teach you how. So if you open a new page right now on the internet, just do it while you're watching this live, and type in Rob.team, you can join for just the cost of a large coffee a month. You can cancel any time and you can learn in detail the 6 main income streams of millionaires because you already know the earned income. Um, you know, whether it's, um, building assets, digital or physical, creating multiple streams of recurring income, um, getting that side hustle income in, turning content into cash flow, information, IP into income. If you join rob.team, R-O-B dot T-E-A-M, just open a new window and type in rob.team, then you can learn how to develop these 6 Millionaire Income Streams. I've also just launched a brand new How to Invest series, so 9 modules and 10 hours on how to invest for recurring and passive and residual income. Whether you've got no money and you need to use your resourcefulness, or you've got some money to invest, small or large, you need to learn how to protect it from inflation, protect it from the government, protect it from quantitative easing, protect it from this cost of living crisis, the soaring cost of living crisis that we're in right now. So let me ask you this: how many of the 7 different income streams are you earning income from? Of course you're earning earned income, exchanging time for money, but are you earning interest income from saving and lending? Are you earning profit income from buying and selling or owning companies? Are you earning royalty income from assets that you create that others want to rent, license, or use? Are you earning rental income renting out property and other assets? Are you earning dividend income from stocks in companies you own, or your own company that pays you dividends? And are you earning capital appreciation from assets that go up in value and have equity? Because if you're not earning from one or all of those income sources and streams You should join Rob.team by opening a page right now and just typing in Rob.team, and because there you can join for the cost of a large coffee my private members area with thousands of other members. Learn how to start a business and scale a business, create multiple streams of recurring income, build digital assets, passive recurring residual and relentless income. In this very divisive, polarizing, controversial world that we're in right now. This soaring cost of living crisis, major lack of trust in governments and big tech, social media, the New World Order, the Great Reset is all possibly here. You must protect yourself. You must be decentralized. You must own your own assets, and you must earn recurring income from assets. And the best way I think you could learn how to do that is by joining Rob.team. Type in Rob.team in a new window right now and learn how to generate interest income, profit income, royalty income, rental income, dividend income, and capital appreciation, which can create income. Thanks for tuning in. Uh, one more thing: you, you need extra income streams and you need to start your side hustles or your own company. It's vital that you have your own company right now. Do you know it's really easy and costs virtually nothing to start a company? But the vital thing about owning a company is you can offset all the costs and reduce your tax bill. You can pay yourself first and pay tax last, whereas most people are paying tax first and paying themselves last. So again, joining Rob.team is full of start and scale-up entrepreneurs who own their own company, who know how to pay themselves first and pay tax last. So open a new window, a new window now, and type in rob.team. And let's generate multiple streams of recurring income for you. I think it's vital. If you want freedom, you need financial freedom first. It all starts with financial freedom. I'll see you in rob.team. Just open a new window, type in rob.team, and I'll see you there. And remember, if you don't risk anything, you risk everything.