I read one funny article posted on one of the WhatsApp group that I belong to of recent. The write up is about salary and the writer described different kinds of salaries. Though, I can’t stop laughing reading about the various salaries and the names giving to them, but sincerely, it is disheartening because that is just the reality for most people.
Okay, let me give you a peep to the interesting write up:
What is a Salary?
Salary, is a specific amount of money that an employee is paid for work done. The big question is; Which type do you earn?
1. Onion Salary: – You grab it, you open it, and you cry.
2. Storm Salary: – You don’t know when it’s coming or going.
3. Menstrual Salary: – It comes once a month and lasts only four days.
4. Magic Salary: – You touch it and it disappears.
5. Amnesia Salary: – You can’t remember what you spent it on.
6. Time Travelling Salary: – You spend it paying various debts even before you collect it.
7. Active Salary – Once you stop working, it stops.
But there is another one called RESIDUAL INCOME
The article actually ended by recommending residual income and telling more about financial literacy. But I also know that it is not easy for most people to jump from being a salary earner and suddenly become an entrepreneur. You need a different mindset to succeed as an entrepreneur.
But the good news is that you can strategically move from being a salary earner to creating multiple stream of income for yourself. One of the methods you have to adapt is getting a business that can generate residual income for you.
With residual income, you don’t need to be involved fully. You put in little effort and financial commitment and you continuously reap the benefit of your little action.
I have always looked out for business and income opportunities that won’t take so much money and energy and the best so far that I have seen and that I will recommend to anybody this year is beekeeping.
Let say you are well trained about beekeeping and you want to start the agribusiness, with just N20,000.00, you can start. With beekeeping, you can start earning with that little investment for the next 10 year. The main thing you need with beekeeping is to setup your hive. Other things you need can be sourced locally.
Last Friday, 27th April, 2017, we got some indepth knowledge about beekeeping at MeritChoice Agric Villa as we setup another hive. Interestingly, you can have a beehive in your farm and still do other things on the same land like planting of crops.
I just posted some pictures about our last beehive setup and trip to MeritChoice Agric Villa on my Facebook wall. You can click this link below to see the pictures.
If you are really serious about generating extra income apart
For: MeritChoice Limited
My FB Fanpage: https://www.facebook.com/gbemmylive