Once upon time there was a village in a valley.
People life is simple, the village is governed by a village head and the villager live by the resources surrounding it. Such as Live stocks, vegetable farm and a reservoir filled with fresh water.
One day, the village chief announce to the villager that the village's water source will soon come to the end. The village head want to hire people to fetch water from the near by mountain to refill the water source and for each bucket of water fetch back from the mountain will be rewarded with 2 gold pieces.
That time only two guys are available for this job, the name of these two guys are called Dan and Roy.
Roy is well build and strong in physical strength
Dan on the other hand is quite slim in build and also have quite an average in physical strength.
Together they trade in their time to fetch water from the mountain back to the village. As time went pass, both of them are quite well doing. Roy is having a good time with the money he earn.Dan on the other hand save up what had he earned.
One day Dan got injured, he has slow down in term of speed when it come to fetching the water back to village.
Dan got stress about his work and his future, as he might lose he income when his injury get worst. He began to think about a solution to his problem.
One day he come out with an idea of building a pipeline to fetch water effortlessly from the mountain to the village. He told this idea to Roy to help him in constructing the pipeline. However, Roy laughed at him and told him not to dream.
Dan give up fetching water with the bucket and begin to plan and build his pipeline with the amount of saving he has. Time went by, Roy laughed at him as Dan is spending way too much money on thing he can't see. Roy continue to enjoy his money from the job which he is having.
After two years and all the money gone, Dan manage to finish the pipeline and redirect the water to a pond behind his house. he supplied the water by the amount that the village head demands.His source of income increase steady everyday. Dan became rich and use the extra money to hire worker to build pipeline in other village. Now Dan don't have to work, his income comes passively.
Roy heard this news, got angry and spend all his time fetching more and more water, however there is a limit to his strength. He got tired and fall sick, the money he earn goes to the doctor who is giving him the treatment
This is the story of Passive income. the finale of financial freedom.
*Passive income will only come to you through self revelation, do not believe in other when they offer a passive income to you, there is always a catch.
Tuesday, March 24, 2009
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