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Royalty
throne with a footrest
As a red-blooded ‘merican, I don’t think much about royalty.
Elite families that owned and controlled everything, charging commoners for the right to work “their” land…
Personally, I’m not inclined to bow to anyone just because of the battles their great grandpappy may have won.
However, there is one thing about royalty that sets my capitalist heart aflame.
I like the idea of owning and controlling things, charging commoners for the right to access, consume, or borrow them.
Maybe you’ve heard of “royalties?”
Now you know where that word came from.
Last month, I touched on the existence of one of my income streams, purely royalty based.
Last month, I made $318.42 doing nothing.
This month, I’m already up to $421.16.
royalty
But I recently spoke to a friend about an even better royalty stream, one that has much higher leverage.
Books.
Specifically, a self-published book written by you that establishes you as some sort of expert.
I’m sure you’ve seen them. Many of my mentors and peers have published one.
The fortune to be made isn’t usually from the book itself, but from the authority and influence it allows you to command.
(Author = Authority. Interesting….)
A well written and positioned book is the ultimate evergreen, long-tail lead magnet.
Something to think about…
Greg
P.S. I’ve got another royalty opportunity to share with you today. As red-blooded ‘merican as it gets:
Own a stake in Alaska’s oil reserves.
Estimated 300 million barrels of recoverable reserves
Royalty-based model reducing operational risks
Projected 25+ years of reliable, high-margin royalty income
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