So now the question is… What is Residual Income?

Residual Income is similar to Royalty Income. You know, the income earned by successful authors, musicians, songwriters, inventors… or even the dividend income earned from investing in stocks or real estate.

A musician or author creates a song or book one time, and then earns a small percentage of every copy of the song played or sold or the book sold.

An inventor invents a device and then receives a small percentage of the sale price every time one of his or her manufactured inventions is sold.

An investor purchases a stock or buys real estate, and receives dividends or rent for the financial life of that property or investment.

Like that. In each of the above examples the person invests his or her initial time or money – often both – and then sits back and collects residual income off the continuing sales, dividends or rent from the asset he or she created… at least for the life of that product or investment.

Here’s something valuable to understand… A person who earns residual income can actually walk away from the daily affairs of the business, secure in the knowledge that the income will continue… and possibly even increase!

RESIDUAL INCOME is the secret the wealthy of the world have known AND KEPT A SECRET for ages.

It wasn’t really necessary for them to do so because in the distant past, unless you were blessed with the talent to be a best-selling author, singer, songwriter or inventor or you had the excess capital to invest in some solid stocks or real estate, there were few real opportunities for you to participate in earning residual income.

But that’s all changed. NOW THERE IS!

Network Marketing/MLM enables anyone, even those of us who find ourselves of average means, to build a business that generates the kind of lasting, residual income that wealthy people enjoy.

IF the product or service you represent is consumable and of such value that a significant number of people will continue to buy and use if for years…

OR

IF the product or service you represent is durable (i.e. not consumable) but your company develops and produces a continuous stream of highly desireable  new products that consumers value and continuously want to own…

THEN Network Marketing will provide you with residual income for years to come.

With the right products and a company structured and managed with integrity to sustain the business and grow long-term, the possibility exists for you as an independent Network Marketing Entrepreneur to create and continue to generate residual income — earnings you get paid long after your initial efforts to create them have been completed.

ASSET VALUE

You can see another unique aspect of residual income by looking at it in terms of asset value.

Ask yourself, what amount of money, in the bank or invested in stocks or real estate would it take to have a dependable and continuous income of, say, $5000 a month?

At today’s rates of return, that would require a capital asset value of approximately one million dollars.

If you, as a Network Marketer, were earning $7,000 a month or more — which is quite achievable for a full-time effort, even after just a couple of years — you would for all intents and purposes be living like a millionaire! And you’d be doing that without the need to literally earn a million dollars… nor would you have all the hassles and responsibilities that come with it!

One desire you may have right now is to see exactly how this income-earning process works in Network Marketing.

HERE’S HOW: