How to invest time instead of money to earn passive income

If you’re like most people, you know that investing is a great way to build wealth. However, most assume that you need to be rich to get richer. But there is another way. It is what entrepreneurs without initial capital do to get ahead.

Sweat equity and perspiration gain

Have you ever heard of sweat equity? Sweat equity is the contribution we make to a project through our own efforts, rather than buying a share with our own money. Sweat equity could also be the value we add to our property, but we are not talking about this type of sweat equity. I bet you have a lot of that kind of sweat equity, but the problem is, it won’t pay you dividends until you sell your house. Sweat equity investments can not only be lucrative, but they can generate much higher returns than equity investments. There is a catch though, you only have so much time in a day. That’s why it’s so important to focus your sweat on things that will not only earn you income now, but continue to do so more in the future.

Sweat equity is the effort an asset adds or produces

Most people think that an asset can only be bought. But that is not the case. Here’s a list of cash-producing assets that can be built with sweat.

• writing a book
• Write a song or an album
• Building a Product
• Creation of an educational training course
• building a network
• Building a customer base

All of these things can be built with sweat and can continue to pay you off long after you’ve done the job.

The rich get richer and the poor get poorer, they say. I used to believe that when I was working for someone else. That was the second dumbest thing I ever did. The dumbest thing was applying for the job in the first place. Once I had access to the finances of the company I worked for, I discovered that smart people get richer. Others welcome a raise to cover inflation.

It’s time to have a plan B

Employers have moved away from the idea that an employee is a long-term asset to the company, someone to be nurtured and developed, to a new notion that they are disposable. Before the boss gets rid of you, you need to find a way out of the relationship.

Don’t be fooled into thinking that the boss loves you very much for what you do, or that the company plans to keep you comfortable forever. That only happens today to horses that gave their best. You are where you are because you are a money making machine. The only problem is that you are not making money for yourself.

Building a network and customer base

We are not the best-selling authors, musicians, product inventors, or educational thought leaders. All of these ways of using sweat to build equity require talent. However, we don’t require any special talent because all you need to do to start investing with your capital generating effort is build a network.

Anyone can build a network.

In fact everyone already has a network. They just don’t have a vehicle to turn that network into a cash-producing asset. If you want to learn how regular people like you are harnessing the power of social media to free up more time, earn passive income, and make your own schedule.