Our Terms of Use and Privacy Policy have changed. We think you'll like them better this way.

Types of residual income

  • Broadcast in Business



Follow This Show

If you liked this show, you should follow Michael1224.
First off, let's define residual income . Residual income is a passive income that comes in on a regular basis from putting out very little effort. Now let me clear some things up for you. This does not mean that you can be lazy and make money. NO! In the beginning of building a residual income, typically calls for a lot of work. As your business grows or expands, less work is required to make money. This type of income is usually built off of leverage. The different types of residual income includes Network Marketing, Home-Based Businesses, Real estate, Franchising or being an entrepreneur. I am going to be straight with you so don't get offended. You and I were not taught this in school because we were molded to be slaves for corporations. Now I no everybody is not going to go down this independent path, but at least let us decide by informing us of what our options are. Is the 9-5 for 45 years working for you? Maybe it is or maybe you are already brainwashed in thinking you can't do anything else but that. Now your are dependent on someone else to feed you. Now is the time to explore your options and unlock your potential to be free. Strive for residual income! It is a beautiful battle!