Why Passive income-Modicare

           Why Passive income-Modicare


  • There are two primary ways to generate income-Active and Passive income. 
  • Active income is defined as the income which is generated when you trade certain amount of your time for money. Example Doctors, Chartered Accountant, Lawyer.
  • Passive income is any income that is generated through the use of systems that work for you and you may not even be working and the income keeps flowing. Example Modicare-Network marketing.All millionaires/billionaires generate income by this way. 

      
Passive income is very important to have because for example a surgeon of age 55 gets one of his operating fingers cut in an accident and hence cannot perform operation after that. In case, he was having his Passive income intact he wouldn't have been struggling.

Today we will talk about how modicare serves as a way to a way to earn much needed Passive income.We have already covered about modicare in Why modicare. and Modicare-a new Paradigm in our previous blogs.Have a look at them before we move further ahead.

By modicare people are earning lakhs of Rupees monthly.They create a network and the network works for them. The people starts off with 7 percent and then the end title is GBD(Global black diamond director).The network is created by adding people under them one by one and creating a network like this shown below.

         


There are different levels that we need to pass before becoming GBD. The levels are shown below:



Passive income from Modicare comes in handy in Corona situations when we cant do any job. Modicare still stood tall operating with 70% of the products coming into the essential items list.

At the end i want to summarize and say that active and passive income both play their own role but if you want to become rich then you should have a source of passive income and Modicare is one such source of passive income.




                      Till then signing off.
                               Regards,
              Aman Khanna/8800198279

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