Ever wonder what the real profitable differences are between being resourceful and simply having direct or indirect access to various resources? Often times the long term differences can be quite dramatic. Case in point. You could take two fairly upscale local Mom & pop style restaurants.
And while both have great tasting food and courteous and extremely professional waiters and waitresses. And both owners are able to consistently earn a full time living.
One restaurateur routinely earns additional passive front and back end gross profits and doesn’t struggle anywhere near as much as the other one does.
Because restaurant owner(B.) even though they too work extremely hard by and large a staggering 99% of any profits they generate are either created on the initial front end of their business or not at all. And restaurant owner (A.) started extremely slow.
But now both he and his staff can now systematically earn additional passive side income even when the restaurant is closed. Or if they left the restaurant business altogether. Say what? Nod your head cadets because it’s true. Continue reading