Most people are stuck trading hours for dollars. But writers, musicians, actors and smart business owners understand that the key to creating extraordinary wealth is to leverage your time and create something that pays you long after you finish working.
You might be thinking that only famous people can make money with royalties. But a 9-year old boy from Singapore is making a fortune right now from royalties. How? He created a simple computer game and it's now sold on the iPhone.
Over 4,000 people have purchased his game and every time someone buys the game the 9-year old boy makes money.
Now, you don't have to create a game or write a hit song to take advantage of this ideal situation. Many business owners do the same thing. They set up a website once, tweak it until it works and collect the profits day after day and week after week.
