The Recurring Income Secrets
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Fool Proof Strategies on How to Succeed in Network Marketing
and Build Your Own Cash Pipeline!
Recurring Income is another term for residual income. In a nutshell, there are
three (3) types of income streams that you may have coming into your business.
1. If you do a one-time job, sale or perform a contract, you get paid once
and the income stops there.
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 bank account dwindles.
3. The third type of income is the recurring 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.
and Build Your Own Cash Pipeline!
Recurring Income is another term for residual income. In a nutshell, there are
three (3) types of income streams that you may have coming into your business.
1. If you do a one-time job, sale or perform a contract, you get paid once
and the income stops there.
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 bank account dwindles.
3. The third type of income is the recurring 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.
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