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Article:
Discover The Secret To Earning Royalty Income Just Like Famous Rock Stars! by: David L. Feinstein Rock Stars have it made. They get an inspiration, write a song, get it produced, and then earn checks on their inspiration (OK, some perspiration too '¦) for the rest of their lives. I know most of us never think past what they look like and what their music sounds like '¦but when you go beyond that, did you ever stop to think about how much money they make? For some, it's hundreds of thousands of dollars a day! For work they did once! The biggest chunk of a Rock Star's income comes from one simple thing: ROYALTIES! Royalties are what earn rock stars BIG MONEY. They write or record a song, and the work may be over, but the income pours in for the rest of their lives. Doesn't seem fair that they have that sort of advantage over regular folks like us '¦ Sickening, as a matter of fact, when you come to think of it! Well I have good news for you. Big parties, expensive cars, huge mansions, exotic vacations they can be yours too! In the near future, other people could be looking at YOUR lifestyle and saying, 'It's just not fair!' What Exactly Is Royalty Income? Royalty income is similar to what many successful businesses earn each and every day. Once they build their business (like writing or recording that song), they keep making money FOREVER. Insurance agents, appliance warranties, cable TV, ISP's (AOL), utility companies, just to name a few, all earn royalties. They have learned one secret the rest of the world hasn't... Leverage through the efforts of lots of other people. It's the EASIEST way to the RICH and GLAMOROUS lifestyle you've always dreamed about, and contrary to popular belief, you don't have to be famous to get it! So what does this have to do with you? Now I'm About To Share These Same Secrets With YOU! My 25-year career as an accountant and business manager working with some of the top stars in the music and entertainment industry gave me special privileges and the ability to watch the success of my clients from up close. I learned exactly how they did it! But while they were sitting back making millions, here I was working like a dog, day after day. My Dark Secret Is Your Fortune! While these clients earned millions of dollars in Royalties from work that was done years ago'”without even giving it a second thought. I was jealous. I was resentful. I couldn't help but compare my income to theirs and I knew they were out living it up while I was working like a dog! I was neither the Rock Star nor the hit song writer. BUT I WANTED THAT INCOME, AND DECIDED TO GO OUT AND GET IT! And Now I'm Going To Tell You How! By Applying A Few Simple Principles You Can Do It Too: 1. Work Once Get Paid Forever: Royalty income is based upon work that you have previously completed, and yet you can enjoy financial benefits from it for years to come. (You may have heard Royalties also referred to as 'Residual income.') 2. Tax Benefits: When you begin to earn income from Royalties, you are basically self-employed. You can then enjoy the tax benefits of self-employment in addition to the financial benefits. Some of these tax benefits include deductible expenses that you could never take advantage of as an employee; things like meals and entertainment, travel expenses, home office equipment, automobile, and medical expenses. In fact, it's not uncommon for those savings to be between $'3
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