Many of us were taught that the key to financial success is to do well in school, land a high-paying job, and work hard. While this approach may provide stability, it comes with a major limitation—time.
Even the highest-paid professionals, like doctors, lawyers, and CEOs, are limited by the hours in a day. They only earn money when they’re working, meaning their income is tied to their availability.
If you want to break free from the time-for-money cycle, you need to build income streams that allow you to earn while you sleep. Here’s how.
1. Get Paid More Than Once for the Same Work
One of the best ways to maximize income is to create something once and get paid for it over and over again.
💡 Who does this well?
✔ Authors write a book once and sell thousands of copies.
✔ Musicians produce a song and earn royalties indefinitely.
✔ Online course creators record lessons once and sell them repeatedly.