Linear Income vs. Residual Income
Kevin Munyan
Helping others eliminate debt and build wealth by creating passive income in their free time,
What is the difference between linear income and residual income. It's quite simple actually. If you work an hourly or salaried job, if you have to punch a timeclock each day, if you have to show up at your job on a daily basis in order to get paid either weekly or bi-weekly, then you are earning a linear income. In other words, you have to continually keep working to get paid. If you stop working, your paychecks stop.
Residual income on the other hand is totally different. It's the sort of income that rock stars, book writers, actors, or highly successful investors make. The best way to describe residual income is that when you do something right just one time, you get paid over and over again for what you did. Most actors get paid every time a movie they made years ago gets played on TV or if a television series they were in years earlier goes into syndication. Successful writers continue getting paid for books they've written years earlier. Musicians and song writers keep getting paid royalties for albums they made years ago.
Residual income sounds nice, doesn't it? Unfortunately, most of us are not actors, writers or successful musicians, which is why a majority of us have trouble developing a residual income.
The good news is, there is hope!
There's a proven way to develop residual income and anyone who is willing to invest the time and effort to earn it, can do it, regardless of their background. There's a way to get monthly checks for thousands of dollars so that you can do the things you want to do in life, so that you can achieve our dreams. Tens of thousands of people have already developed lifelong residual incomes through the power of network marketing. How?
They simply recommended the products and services they that they liked to others. When others use the products and services, a small royalty is paid to the person who did the recommending. Over time, this can accumulate and get larger and larger every month. For many people, their royalties from recommending far exceed their full-time incomes.
Why not recommend something now, and collect royalties for years to come? I'm glad I am!
Your past and current circumstances do NOT define your present reality. You GET to! I support entrepreneurial parents to RECLAIM their identity, REDUCE stress & overwhelm, and FEEL more empowered to take aligned ACTION.
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