In this video, Bob Proctor, who is one of the World's foremost experts on wealth accumulation, discusses the mindset behind becoming a 3% earner. Bob believes that the school system fails our children and teaches us to get a job instead of how to earn a fortune the way wealthy people do.
Excerpt: Now, MSI, is an acronym for
multiple sources of income, MSI.
Now, where you are is what you're earning right now.
That's your present income.
The MSI is an additional income.
It's not another job, it's not a better job,
it's not even a job.
It's a source of income.
See, money is reward received for service rendered.
when I was sleeping last night,
I was rendering service
based on stuff that I did some time ago.
Think of it this way.
Think of a, some kind of a rockstar.
Think of Elvis Presley.
His estate is still earning money
from records of his that are being played
on the radio.
That's right, he made recordings,
and those recordings are being played on the radio.
And every time they're played,
money goes in to his estate.
That's called a passive income.
That's called a source of income.
Well, you can start sources of income.
You can start them all over the world.
Credit to Bob Proctor
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