What Are Some Residual Income Opportunities?
Residual Income Opportunities will allow you to spend a work day on the golf course and still make more money than most of the people working their 9-5.
Residual Income, by definition is, an income received on a regular basis, with little effort required to maintain it.
I want you to think about that for a minute.
An income received on a REGULAR basis with LITTLE EFFORT required to maintain it.
Now I don't know about you, but this is what I go to work for everyday! Here are a couple examples of typical Residual Income Opportunities: * Real Estate: When most people invest in real estate, they are investing in the Residual Income Opportunity.
A very basic example of this would be a rental property.
You purchase the property, someone else lives in the property and pays all of the expenses and leaves you with a nice little net profit at the end of the month.
Whether you do anything or not, that check comes in EVERY month.
All you had to do was purchase the property.
There is that regular basis thing with little effort we talked about.
* Brick & Mortar: Most people go into business to gain the effects of the Residual Income Opportunities.
Let's say you own a hot dog stand.
You hire a couple people to run your hot dog stand and every day money is put into your account with out you having to be there.
Now, the trick is to sell enough hot dogs each month to off set the costs involved (rent, power, employees, supplies, etc).
This is another example that could throw off some extra cash for you.
* Direct Sales: This is by far my favorite example of Residual Income Opportunities.
The very basic premise of Direct Sales is for you to set up a Sales and Marketing system that sifts, sorts, tells and sells FOR YOU! Your job then becomes to deal with people who are interested in becoming clients and ultimately business partners.
Just like any good sales hierarchy, this allows you to focus your attention on your two biggest Income producers...
Marketing/Advertising and replication of your efforts through your team! The greatest aspect of Direct Sales as a Residual Income Opportunity is that you don't have to buy any property.
Trust me, sometimes this strategy works great and sometimes there are months when you are stuck paying the bills.
And as far as a Brick & Mortar business, who wants to deal with rent, insurance, utilities, employees, etc.
If you don't make a ton of sales, you don't make any money.
You want a business model where you can make HUGE money with little Volume!! Direct Sales puts you firmly in the driver seat to earn huge upfront commissions as well as walk away to the beach Residual Income Opportunities.
Do yourself a favor and start looking at the opportunities around you.
Everyday people make decisions that keep them locked in a rut or set them free.
What sorts of decisions are you going to make? Decide today that you are worth more and capable of anything.
Residual Income, by definition is, an income received on a regular basis, with little effort required to maintain it.
I want you to think about that for a minute.
An income received on a REGULAR basis with LITTLE EFFORT required to maintain it.
Now I don't know about you, but this is what I go to work for everyday! Here are a couple examples of typical Residual Income Opportunities: * Real Estate: When most people invest in real estate, they are investing in the Residual Income Opportunity.
A very basic example of this would be a rental property.
You purchase the property, someone else lives in the property and pays all of the expenses and leaves you with a nice little net profit at the end of the month.
Whether you do anything or not, that check comes in EVERY month.
All you had to do was purchase the property.
There is that regular basis thing with little effort we talked about.
* Brick & Mortar: Most people go into business to gain the effects of the Residual Income Opportunities.
Let's say you own a hot dog stand.
You hire a couple people to run your hot dog stand and every day money is put into your account with out you having to be there.
Now, the trick is to sell enough hot dogs each month to off set the costs involved (rent, power, employees, supplies, etc).
This is another example that could throw off some extra cash for you.
* Direct Sales: This is by far my favorite example of Residual Income Opportunities.
The very basic premise of Direct Sales is for you to set up a Sales and Marketing system that sifts, sorts, tells and sells FOR YOU! Your job then becomes to deal with people who are interested in becoming clients and ultimately business partners.
Just like any good sales hierarchy, this allows you to focus your attention on your two biggest Income producers...
Marketing/Advertising and replication of your efforts through your team! The greatest aspect of Direct Sales as a Residual Income Opportunity is that you don't have to buy any property.
Trust me, sometimes this strategy works great and sometimes there are months when you are stuck paying the bills.
And as far as a Brick & Mortar business, who wants to deal with rent, insurance, utilities, employees, etc.
If you don't make a ton of sales, you don't make any money.
You want a business model where you can make HUGE money with little Volume!! Direct Sales puts you firmly in the driver seat to earn huge upfront commissions as well as walk away to the beach Residual Income Opportunities.
Do yourself a favor and start looking at the opportunities around you.
Everyday people make decisions that keep them locked in a rut or set them free.
What sorts of decisions are you going to make? Decide today that you are worth more and capable of anything.
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