Tuesday, March 1, 2016

Residual Income, Is Building a Residual Income Difficult?


What is residual income and how do you build it?  We live in a world in the United States where the job market is disappearing.  There are still service jobs but those high paying corporate jobs and industrial jobs that were once available are not available anymore.  We want to have money to take care of our family and have the things we need to survive but that is getting more and more difficult in today’s world.

What is residual income and how do you make it?  Residual income or passive income is income that you make once and then it pays you over and over again.  There are several ways to make residual income.  One way is royalties.  Royalties are paid on such things as book sales, movie rights, and CD sales on music.  Every time a movie is played, a CD is sold, or a book is sold, the creator gets a little bit of money from the sale.  Other ways of making residual income is from rent from apartments or houses.  Those are residual.  The most popular way of making a residual income is through network marketing.  So many people fail when they start trying to make income with network marketing.

I think there are a few reasons.  One is they don’t have the right attitude.  You must have an attitude and passion for what you are doing.  That means you have got to want to help other people.  It may be that you want to help them with their finances, with their dreams, or help them with something that the product or service provides.  If you have weight loss products perhaps you want to help them lose weight.  If you have anti-aging product perhaps it’s your passion to help them look and feel younger.  Without a passion and the big dream you will fail.

The other reason people fail is due to lack of training.  They aren’t trained to know how to make passive income.  Making passive income is completely different than making employee income.  It is something that we must be properly trained to do.  We can’t just sign up with our brother-in-law that has no training and then think we are going to be successful.  It doesn’t work that way.  You have to be trained on how to make a residual income.   I have spent five years and fifty thousand dollars learning how to make passive income.  It’s my passion to teach you how to have a great income.

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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