How To Turn Your Yearly Income Into Your Monthly Income - Bob Proctor [ The Law of Compensation ]
Bob Proctor teaches How Money is Earned, The Law of Compensation, and explains the difference between the Three Income-Earning Strategies: M1, M2, and M3. FREE Download! You Were Born Rich eBook!: bit.ly/2qluzU6
Imagine making money without working for it.
Sound impossible, unless you’re investing it?
Well, it’s not.
Thousands of people are making twice as much money without working twice as long. In fact, relatively speaking, they’re hardly working more at all.
How are they doing it? Through Multiple Sources of Income (MSI).
MSI should be viewed as passive sources of income, not another job. Why? Because if you get a second or third job, you’ll have to trade your time for money, and eventually you’ll run out of time.
Virtually all wealthy people have several little “streams” of income coming in that eventually build into a “river” of wealth. I’ve been a huge proponent of MSI ever since I passed out on the street in the mid-1960s from working too many jobs.
For more than half a century, Bob Proctor has been the foremost authority in the personal and professional development field. Bob Proctor has dedicated his adult life to helping a world of individuals realize and act on the greatness they already possess within themselves. He’s widely regarded as the grandfather of personal development, and when it comes to mastering the mind - he is simply the best.
After meeting Bob Proctor, Sandy Gallagher, an esteemed banking attorney, created Thinking into Results - the most powerful corporate transformational program of its kind. Sandy is now the Co-Founder, President, and CEO of Proctor Gallagher Institute. A genius businesswoman and visioneering expert committed to improving the conscious awareness of the entire world, one individual at a time.
The good life's expensive. "There's another way to live that doesn't cost as much, "but it isn't any good." Well, a lot of what he said is true. Many years ago, a man gave me this book, Think and Grow Rich. I was flat broke. I had always been flat broke. I had never had any money. I was 26 years old, I had two months' high school and no business experience. He said, "Bob, you read this, do exactly what I tell you, "you can have anything you want." Now, I really didn't believe that, but I believed he believed it. And I said, all I want is some money. I figured if I had enough money, all my problems would go away. See, I was earning $4,000 a year, but I owed 6,000. If I had paid every cent I owned, or earned, in 18 months, I would have just broken even. So I really didn't think I was going to be able to change that. Do you know that within a year, I was earning 15,000 a month. I went from 4,000 a year, to 15,000 a month, within a year. Now, I hadn't got that much smarter. You don't have to be very smart to earn money, but you do have to understand some basic rules, and that's what I want to talk to you about.
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-Have multiple sources of income -Learn,unlearn and relearn -never stop learning
@danmahalo
2 ай бұрын
Yessss
@samueltorres2485
21 күн бұрын
The hard part is determining how to set up multiple sources
Bob , you may be gone physically but your soul still guides us through your videos and your writings . May your teachings help us all and the whole world to lead an insanely happy , immensely wealthy and super healthy life . Let me end this with the poem by James T Moore as is shared in Bobs Book “You Are Born Rich” “That is where it all starts With you, a wonderful unlimited human being.” Thank you Bob for teaching us our true Potential. May your teachings inspire the generations to come. Om Shanti 🙏🏼
@danmahalo
2 ай бұрын
Beautiful comment x
All those commenting about "saving 15 minutes of your life" are missing the point. They don't understand the value of repetition, especially with this kind of really valuable information. edit: Also, the point of this video is not setting up multiple sources of income. it is this: - CONTROL YOUR THOUGHT PROCESS. So keep being lazy and tell me later how it worked!
@stela_solar
2 жыл бұрын
Agreed! 👏👍
Don't read this wrong!! this is not to brag but to motivate!! I’m glad I pulled through, despite the crises. I am retiring next yr at 55 with 3 houses paid off worth 4.5 million . One is my place of residence the other 2 properties will give me $80,000per/yr rent . I will have an income stream of $20,000 per yr through my super which gives me total $100,000 a yr to live comfortably . I have no debts ... Stay Motivated!!
Leverage other peoples effort. Real estate, online store, etc. Just work toward it slowly and consistently....
I totally understand MSI as soon as he said it! He said, "you like the idea don't you"? and I said yep! My multiple steams are: book/kindle on Amazon, I sell my little films, I offer bookkeeping services, I do taxes, I'm a filmmaker, publisher, writer etc. and have 10+ websites (I created)....I do ok, but now that I saw this I now know that what I've been doing is ok....I started to feel like I have a lot going on that was keeping me not focused on one source of income ...like having little projects all over the internet started and not focused on because I feel like individually they can't make a lot of money...but if I keep MSI in mind it makes perfect sense that my little plants or projects can grow at their own pace if I don't totally abandon them! Really what a person needs is multiple SKILLS: make cash off youbtube, shopify, ebay, amazon, sell your pies, cakes bbq, fix cars and create a kindle book, create a course, learn 5 multiple languages, sell products, provide services blah blah blah you have to be creative.... this was good info folks...not multiple jobs multiple sources of income....my stragey has always been don't put all my eggs in one basket...no employer gets 40 hours of my time...
He his himself promoting his main source of passive income in a video talking about how to make multiple sources of passive income.👏👏👏
@khulaidjamalvlogs
4 жыл бұрын
Then learn something from it!
@thehealerslm
3 жыл бұрын
He an old shrouded man. What do ypu expect?
@dhavalshah9837
2 жыл бұрын
Nothings free. He is using his time to pitch for his course in exchange for your money and time. But the math says only 3% people succeed after any kind of course. if you have money go for this else do your own research. Trust me its not that difficult. He too prepared his course from the sources available in the world. There is no out of the world idea. Its all around us. Its your thirst, your eagerness and hunger decides your success. People who escape hard work and remain in comfort zone remain in the same place almost all their life.
@88xdavex
2 жыл бұрын
@@dhavalshah9837 he's saving everybody time to do all the research he did for 50+ years. That's why it costs money, why would you go research everything he did when he has mastered it? Just follow his research lol
Its simple. Do one business and keep opening multiple branches of that business around the world. This is all about multiple sources of income
Powerful !!! I'm in this Paradigm Shift Seminar in October! Thank you Bob Proctor for sharing it👏👏👏👏👏👏👏👏👏👏👏
I just became so passionate about self grow, I was listening to Bob’s videos every day. Just by reading the comments I just found out he is resting. God! To me he will always live, of course his legacy live as well. Is great that he lived to inspire all of us. I’ll continue to listen Bob will always do until the day I die. I’ll listen to your audios , and read your books as you read your mentors book though out your life! Rest well Mr. Gallagher.
Bob Proctor videos are really amazing, kept me inspired and motivated me to create my social channels too for a happy and successful life. Thank you Sir.
What I've learned is becoming rich is a "Mathematics Game". It doesn't matter if you're an employee or business owner. You can make it happen! You don't have to be smart, but you do have to have a plan to get it. Period.
@gabriela.36944
Жыл бұрын
Haven't met or known about an employee that'd would be ever able to influence his income within any company at all. Tell me the secret please, im intrigued!
@kelvindaveopoku5536
Жыл бұрын
Nice
@69metersbelow25
8 ай бұрын
I hate Math and no you don't need a plan sometimes you just get an idea.Liar
Thank you Bob Proctor. You're awesome. Thank you so much for sharing your tremendous wisdom. God bless you!
Thank You Bob Proctor! You’re big inspiration for everyone around the World, sure and for me ! Everything you’re talking about is true I’m Grateful for your lesions
"Money is just a way to keep score of how much value you are bringing to the market" - Donald Trump
@Amari_900
Ай бұрын
Truth
“By not understanding money, the vast majority of people allow its awesome power to control them.” - Robert Kiyosaki
Thanks Bob! this video went straight to my success playlist. I can't even fathom the amount of wealth you've helped people accumulate.. you're the man!
Unconditional gratitude Respected Prominent motivator of world Mr. Bob proctor
Thank you Bob Proctor. This thing is one of the most quality things I've learned in my whole life.
I'm sad you're gone but I love that you lived so fully and completely! Thank you for what you've left us!
Thank you Bob for all you have done! I've been watching your videos everyday since your passing... even leaving this world you have had a major impact on people. I saw Jake's video talking about your passing and was completely shocked... I have heard of you but never really watched any of your videos on Law of attraction and making money religiously till now honestly I wasn't really even watching Jake's... I was at a point of feeling lost and then a notification on my phone popped up of Jake Delucy talking about your passing so I clicked on it... because somebody with a big following has passed that wasn't a famous person...and when Jake talked about you I really just felt compelled to watch your videos that this would guide me to a better perspective... and now lots of things have changed already for me.... so thank you....for all that you have done...
I have a sharp learning curve. Grateful for all Bob contributed to humanity through his teaching. Grateful to have his wisdom shared.
THANK YOU MR. PROCTOR, YOU SHARE A POWER THAT MANY PEOPLE ARE LOOKING FOR
Rest in peace Mr Bob. You were a great man to all.
Gracias mucho Bob Proctor for amazing powerful teaching 🙏🏼🌍😇❤
Wise words from a wise man. If someone is wealthy and happy you have got to LISTEN. 💖 you Proctor..... You have just reassured me that I am on the right path.
Thank you Bob Proctor!!! What you think is what you manifest!!!
Love you Bob- Thank you for your amazing knowledge you shared with the world.
The next time you guys here from me again I'll be a Millionaire!!
@amcsolutionsmedia8855
4 жыл бұрын
You can do it. HAve you done the OFA Challenge?
@sifou8934
4 жыл бұрын
Good luck mate
@karineantille5585
4 жыл бұрын
Hi Daniel. How is it going? Have you found a plan yet?
@mercykyallo8607
4 жыл бұрын
Karine Antille aww how nice to check in on him 🤣
@karineantille5585
4 жыл бұрын
Mercy Kyallo accountability is key. Otherwise you just call out goals and never achieve them.
To save someone the time: TL;DR - life story - napoleon hill quote - the way to be rich is to establish multiple sources of income (passive) - life story
Rest well Bob, thank you for all the corrections you have plan in me and the world now and the world to come
@Kenny-Ross
Жыл бұрын
Oh man!!! He passed away this year. I didn't know. Blown away! Thank you Bob for sharing all that you know with the world.
I tapped into what he says, experience can make some one a good teacher. A great multiple choice of income makes life more easier if you chose them wisely.
Hello Mr Bob. I'm only 20 and my life has improved, my self image has changed. I'm a Swazi, and in Swaziland and South Africa, including all SADAC countries, we love you.
Thank you,I've been watching your channel for couple of weeks ago and it's really make sense and it really help me through
A great teacher in the world of being successful and making money.
Thank you Sir Bob , for this video, for teaching Us. You are Amazing Gift To Us
Absolutely brilliant! I'm amazed at the number of intelligent people who do not understand this concept and way of living.
@MickNar100
6 жыл бұрын
K
@maniklokhande5546
6 жыл бұрын
X
@maninsligo
6 жыл бұрын
what is that number?
@karineantille5585
4 жыл бұрын
What was your way?
After 5 minutes of this show I started to get rich all the way to the end but just before the end. I started my truck to head back to my work
@NextGenGames00
5 жыл бұрын
lol
@toneiv6560
4 жыл бұрын
Pathetic
@danielkay7424
4 жыл бұрын
You can't change in an instant, you have to set your goals in life, come up with a plan and build your world towards it
@ualawaridi7956
4 жыл бұрын
😄
I DO WATCH YOU REGULARLY... ITS SIMPLY AWESOME THAT YOU SHARE THIS TO THE WORLD.. THANK YOU, MR. BOB ...
Bob is one of a kind,.a student before a teacher on the motivational circuit
First time hearing about Bob Proctor. Believe I can learn a lot from him
So this youtube channel is also one of your MSI's, you're trying to teach us how to set MSI by setting your own MSI how brilliant
Rest in peace sir. Thank you for making all these video, your work will continue to inspire us.
Most valuable piece here is , Learn to master what you do, it will make you irreplacebale and in end people will pay you much more that anyone for your work. Become the best at what you do.
Thank you for sharing your wealth of knowledge about the law of attraction! R.I.P. Bob Proctor!
Thank you bob. Words cant explain how marvelous you are brotha . thank you for your help and your teachings thank you
This video motivated me more than what i expected, thank you my mentor.
Can't believe You're gone.. I've learned so much from you, thank you and forever grateful 🕊️
Thanks for the awesome advice. I will put it into practice
I love Bob Proctor reminds me so much of my pop pop 🥰 thanks for this awesome knowledge will definitely teach our children!
@karineantille5585
4 жыл бұрын
That's awesome. Kids need to know about it. Are you personally looking to buid MSIS?
Thanks for all your lessons, we are grateful.
Full of great information, things that can be put to practice daily in our lives.
I started watching your videos religiously ,to get rich ,so much I lost my job ,my home got repossessed ,car towed away ,I have a nice spot in shop door way to sleep but I trust you totally Bob I'm going to be so rich through your videos ,oh one last thing ,any spare change
@MrDJYOUSS
6 жыл бұрын
davey lewis 😂😂😂😂
@hermusicsoundsgood
6 жыл бұрын
davey lewis lol you are a mess for this
@AngeloVPina
6 жыл бұрын
Damn 😂😂😂😂
@eddiesmith1716
6 жыл бұрын
davey lewis This shit really had me in tears 😂😂😂
@TB.....
6 жыл бұрын
davey lewis You need to watch his other video MSC....multiple spare change.
Yes! I love it! I've already watched this one about 5 times. Bob Proctor every single day, can't miss a day. His programs are awesome too. Peace :)
I shared with my wife who is into my master mind group.. thank you Mr. BOB PRACTOR 🙏
one of the best video that have shown. Thank you very much Mr.Proctor.
Im getting closer and closer turning my yearly income into a monthly income!!
Ever since "The Secret" came out years ago, I have always enjoyed listing to what he has to say.
@hazardstudios9835
2 жыл бұрын
Whats the secret? Can you share with us I am excited to know it.
THANK YOU BOB!!! I can't say it Enough THANK YOU!!!!
Thank you sir it is wonderful feeling to receive your book from you ❤
So good, so true, so well meaning and so generous. Thanks a lot for making the video and sharing it. Inspiring! Greetings from Norway.
RIP Bob, your legacy lives on, thank you 🙏
Everytime I listen to you. My mind goes higher!!
I love listening to everything both these legends talk about!!! The volume of practical experience of decades they have one can't find in books or anywhere else!!! I already own shares of Tattooed Chefs and Kairos Minerals, and I'll buy some Corsair as well. Sure, I don't mind having these equities sit around for a few years, but I'd also like to appreciate short-term profitable investments that could, say, turn $100K into $500K.
I have been a huge fan for several years, Mr. Proctor!! I look forward to one day meeting you in person.
@karineantille5585
4 жыл бұрын
Have you met him now?
Thanks BOB, youre amazing for sharing with us all of this usefull info
I would have loved to know this wonderful man in person. Such a lovely warm soul
This man is amazing, he is always positive and a good man.
I have only been listening to these vids for a few days and I have noticed improvements in my life - very inspiring ❤️😇🙏
@karineantille5585
4 жыл бұрын
Hi Angelic. Are you serious about earning income? I work with Bob's wife and I am happy to share how everything started.
Such an eye opening video, god bless sir.
Thank you for giving back. I know you're right. I've got to figure out how to get started. I've got three jobs already which are time oriented #1. Neither are what I do best.
Never stop dreaming. Be hungry and never stop believing in your dreams. If someone can do it, you can do it. Be strong
@clintfletcher3507
2 жыл бұрын
Being successful don’t happen by magic Success is dependent on the action or steps you take to achieve it. Show me a man who doesn't have an investment and I will tell you how soon he'll go broke Investment is building a safe haven for the future: with the right choice of investment that has at least 1% minimum risk and with an Expert guidance, profit and interest should be 💯 guaranteed.
Thank you for all of your inspiration, Bob. Your message is still transforming lives for the better
When wisdom speaks… you listen!!!!
Wholeheartedly am totally thankfully for this it's a yes to me.
Network Marketing, Brilliant way for multiple sources of income , thank u sir Bob Procter
@karineantille5585
4 жыл бұрын
Indeed! What company do you work with?
@Yolo-Man-26
4 жыл бұрын
@@karineantille5585 amway india☺
On the reverse side , you can get poor if You have “MSS” multiple sources of spending , and buying this program you are getting into another “MSS”. I am a fiscal conservative and I would suggest everyone to first reduce “MSS” and get debt free because “the richest man on earth is the one who is debt free”.....
🎉Great stuff … Bob … you changed my life years ago… thank you 🙏🏽 ❤️
Thank you sir, your videos helped me a lot
Thank you....just needed that at this moment of my life when I am trying to build more money....Seems God wanted to give me this message through you....God Bless 😇
@strahinjacelarevic3432
Жыл бұрын
Hey just wondering where you are today? What you’re up to? :) hope all is well!! 👋🇨🇦
The 13 "steps" listed in the book THINK AND GROW RICH : Desire Faith Autosuggestion Specialized Knowledge Imagination Organized Planning Decision Persistence Power of the Master Mind The Mystery of Sex Transmutation The Subconscious Mind The Brain The Sixth Sense
@hexadecimal5236
5 жыл бұрын
Candy Orchid is...interesting. Thanks for the List.
@seerosej8960
4 жыл бұрын
True
@3hirdeye-illuminatedklutch342
4 жыл бұрын
That was actually a useful book.
@3schicken56
4 жыл бұрын
Candy Orchid pop pop
@sasillavintvincichannel493
4 жыл бұрын
Candy Orchid thank you❤️
Thank you, Bob! I am listening!
I am very happy to have found the wonderfully useful video. It has so much useful information. I am very grateful to you for the excellent advice. Have a successful and happy life, everybody!
What a brilliant idea using KZread as a advertising platform, well done!
So simple yet so brilliant
Thankyou for sharing so much life information.. You are a wake up call for all of us searching for better and how to obtain it.. Rest In Peace good and caring man..🌸🌸🌸🌸
a legendary king for now and for ever more ❤
What an amazing and gifted human being! RIP.
Thank you so much for this!!! Truly inspiring!
@batman66ism
6 жыл бұрын
essence I agree and you're cute
Thank you Bob for this
Great video from the great Bob Proctor... Thank you for sharing....
Today is the day I finally take the full plunge - going all the way is just the start - NO MATTER WHAT today is the day I become a fully self employed biz owner and give up all my crutches
@Anja1111
6 жыл бұрын
Yes SophieJ lees! Go for it! That's the spirit! I know you will succeed! ♥
@LimitlessNorth
6 жыл бұрын
What are you working on Sophie? Amazing to hear.
@SantaBaltaisvilksww
6 жыл бұрын
super, congrats!!!!
@mikevalencia5131
6 жыл бұрын
Just try to make sure u put money a side for taxes and expenses...
@sjlees
6 жыл бұрын
Limitless North film and tv projects in the U.K. I want to be a show writer/creator etc
thank you may the all-mighty reward you
@davidaragon687
6 жыл бұрын
Noor Noor my the Lord Jesus Christ bless him
@trublu3483
6 жыл бұрын
Noor Noor not true. My grandfather was a poor city boy who started a company with 8 kids and wife passed. He worked 16 hr days. Now a 2mil a year company
Thank you. Thank you also for the program, but I just needed to hear someone say something like this. I think I know how to start.
Always so good ! You inspired me to start on KZread
This is amazing at 1.5x speed !!!!
such a universal spirit you are BOB i been listening for years but i obvioously havent been listening hard enough you have to listen with more then your ears listen with your mind listen with you intuition and take ENORMINOUS ACTION
@georgeandersen1173
5 жыл бұрын
JmansFragments ENORMINOUS
Thank you,I will try my best to learn from you.
That video is sheer jewel. Thank you for sharing! 💎👏👏👏👏
Thank you very much Mr. Bob. one day as a billionaire I will remember that you were the greatest inspiration of my life.
@samsudeenilham1899
Жыл бұрын
Hi brother. Im from sri lanka too