 Are You Earning The Residual Stuff?
Imagine this… a weekly check that comes in like clockwork. What would this mean to you and those you love? Let's compare that to a day JOB, which is also called, "Linear," Income, or a payment that you receive from going in to a place of business day-after-day, week-after-week, year-after-year and giving your employer much of your time and efforts. You receive your check on payday in the form of wages and/or commissions while paying the most taxes the law will allow.
Having a regular day job or getting paid by commission is still a "one-shot-deal." This means that if you get fired, quit, or something unplanned happens to you, your paycheck will stop immediately and you are left searching for another day job so you can make ends meet. It is a sad state of affairs that many people are just one paycheck away from not being able to make their housing payment! This is what living "paycheck-to-paycheck" really means.
There are many different ways to create this "residual" income. You could write a best-seller, invent something, get lucky in the stock market, or own a successful life insurance company. Most options that would earn good residual income are difficult for many people and they have large start-up costs, or you need special talents and skills, not to mention lots of time and effort. Do any of those sound like something that would be realistic in your life?
Most folks know that another supposed source of residual income is MLM, multi-level marketing. Even if you are a seasoned expert in the MLM building business, you will still need to work up a sweat to retain the amount of downline members that are opting in daily.
Most MLM companies also require what is called an "auto-ship," where month after month you cringe when UPS drops a bunch of nutritional products on your doorstep that cost you from $100 to sometimes HUNDREDS of dollars per month! If you are like most folks, you can never drink the "power drink," or choke down all those pills, so your closet or your garage stacks up with boxes of "stuff" from your latest MLM business!
So what most people need to do is come up with an option that will allow them to earn residual income without a lot of skills and talent or a lot of money, like what it would cost to buy your own insurance company. You need a simple plan for residual income. Fortunately, there are options for those of us without a lot of money and a lot of special skills and talents that will allow you to earn a residual income, a big one is network marketing, the most popular online residual earning business that will grow over $15 billion dollars in the next 10 years! Those are numbers that I can work with and tap into!
Are you a passive income earner or a paycheck to paycheck type of worker?
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