The document discusses the concept of income, highlighting the importance of generating and managing various income sources, such as active and passive income. It also emphasizes the significance of understanding business operations, profit, and financial management for achieving financial success. Additionally, it introduces courses covering essential business fundamentals and personal finance concepts.

1. what is income
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income is topline, pre-requisite to
everything else
ability or generate more income,
adding sources of income
flow of money, from the market to
your account

2. primary income
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expenses not only increase but
also add new ones over time
income rises with inflation but
grows only with new skills
active source that requires your
majority time and attention

3. secondary income - passive
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helps you save and invest more,
afford a better lifestyle
gig economy and digital means
provide new opportunities
does not routinely require your
active time involvement

4. secondary income - business
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operational ownership must be
delegated to another party
know your upfront and recurring
investment; returns timeline
understand business and finance,
know industry facts

5. income, profit and gains
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profit is the remaining sum after
paying for expenses
gains are immaterial until the
point of transaction
income is the money collected
from the market

6. our empowering
courses
business essentials
all fundamentals that you need to know
about business along with an interesting
section on evolution of business.
product costing and pricing
calculating product cost with fundamental
understanding of business and various
pricing strategies!
procurement management
ultimate guide to managing procurement by
understanding the fundamentals, selection
criteria, risk management, contracts & more
perosnal finance concepts
ultimate guide to the financial concepts
along side the psychology necessary to
achieve financial success