What exactly do I mean by compounding your income? This is what it means. It means that you compound your efforts with
others efforts in order to make an income that will become very significant
over time. It means using other peoples
talents to not only develop and income for you, but also an income for them.
Your income compounded will grow exponentially over
time. When one person helps you and they
add ten people and then those ten add ten more you can become very wealthy over
time. That’s not the way it works with
employee income. Employee income only
depends on the work of one individual, that’s you. You work for it and you earn it. Once you make it you make it you have to do
effort over and over again in order to continue to receive income. Once you get so you can’t work or you get
laid off the income will stop.
That’s not the way it works with compounded income. Once you make it, it will pay you over and
over again. There are several ways to
make compounded income. There is
royalties from music, videos, movies, books, and such. That is a great way to make a residual income
if you are talented and lucky enough to be able to get your book or movie
popular. You do the work once and then
you can make residuals for many years to come.
The problem with this kind of income is that it will diminish over the
years. The older the book, movie, or
video becomes the less it is played.
The other way to make compounded income or residual income
is with real estate. Have rental
properties and having someone manage them is a way to have compounded income
without having to work for it. The
problem with this type of income is that you have to have a lot of inventory in
order to make a great income with it.
How many apartments do you have to buy in order to have a good income
that way?
The other way is network marketing. This is probably the best way to make income
by compounding. The investment is low,
the inventory is almost completely nothing now because the Internet age has
made it possible for people to order their own products so you don’t have to
stock any inventory for them. It uses
the compounded efforts of everyone you put into you group. This allows you to build a large organization
of people that will continue to grow. As
long as the company is in business you, your children, and you grand children
will have an income. The only problem
with network marketing is you have to become your best self in order to make it
and you have to discipline yourself to stay with it until you make it.
I am taking 10 people on the journey of a lifetime into
world of residual income. If you want to
see if you qualify for this journey go to www.incredibletransformation.com,
give us your information so we can see if you qualify.
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