The Truth About Residual Income
- Add To Basket
Instant Download from timmmiller, digital version
1. If you do a one-time job, sale or perform a contract, you get paid once and the income stops there. An example would be a real estate agent or a consultant.
2. If you do a normal 9 to 5 job, you will continue to get paid as long you continue to work for your employeroften called a linear income. This is the type of income that the majority of workers enjoy. Even if you are a neurosurgeon, lawyer or engineer, you are only paid as long as you continue working. You stop working and the paychecks stop.
3. The third type of income is residual income where you are paid even after you have stopped working. For example, you wrote a book and as long as your book continues to sell, you will continue to receive royalty income for a work done once.
Most rich and affluent people created wealth through a form of residual income. Take singer Michael Jackson for example; he still continues to receive royalty from the sales of his records made decades ago. He can even repackage the same oldies and sell them to generate new income. He doesnt have to spend time in the studio to record new songs in order to have the cash keep flowing in! This is the most ideal situation of the three. We would all like to work once and get paid over and over again.
That is the power of residual income!
More Files From This User
- The Road To Niches - PLR
- Profit Making Info Products Revealed
- VIP Shopping Cart - Full Version w/serial number code
- The Newbies Guide To Making Software - Resale Rights
- 7 Days To Blogging Success
Recurring Income Secrets
Recurring Income $ecret$ Fool Proof Strategies On How To Succeed In Network Marketing And Build Your Own Cash Pipeline! There are generally two (2) way......
Network Marketing Reviewed - With Private Label Rights
Discover The Secret ‘Fool-Proof‘ Strategies Of How To Succeed In Network Marketing And Build Your Own Cash Pipeline!There are generally two ways ......
Secrets Of A Seven Figure Internet Marketer Mrr/ Giveaway Rights
Ready for real results? Behind the Scene Trade Secrets of a 7 Figure Internet Marketer Comes with Master Resale/Giveaway Rights! Contents Secrets of a ......
Recurring Income $ecret$
Discover The Secret Fool-Proof Strategies Of How To Succeed In Network Marketing And Build Your Own Cash Pipeline! There are generally two ways of buildin......
The Residual Income Blueprint (resale Rights Included)
How Would You Like Your Own Residual-Income Money Machine... Churning Out A Steady Stream Of Profits Day After Day, Month After Month? PLUS - A Special Bo......
Earn Using Social Networking
Do you have a new membership website or on-line business that youve been working on starting? Do you notice that anytime you go to put the finishing touches ......
Article Writing Secrets
Tired Of Constantly Searching For High Quality Content For Your Website? Than Discover The Easy, Proven And Simple Way To Pump Out High Quality Articles ......
Camera Dollars Ebook Number 2
Photographers Needed Worldwide! "Genuine home-based photography system lets you earn up to $250 a day and also gives you the opportunity to earn monthly r......