Residual Income is when you work once but continue to get paid over and over again from work you’re no longer doing. Residual Income. That’s a fancy term for a ‘recurring” stream of income that continues to flow whether you’re there or not.. Investing in or creating true assets that provide Residual Income for you is your ticket to wealth. To gain financial freedom you need this cash flow from ‘Residual Income’.
To put it simply, Residual Income is income that continues to generate money for you even when you have stopped working. Residual Income is financial freedom with real financial security.
The wealthy know about the power of Passive Residual Income
Paul McCartney, Stephen King, and Garth Brooks are wealthy men because they all understand and use the concept of passive residual income… they produce a master, then sell millions of copies. Even Bill Gates, the richest man on earth, uses the power of passive residual income in his primary business model. Do some brainstorming yourself and think how the richest man on Earth create his sources of passive residual income.
Passive Residual Income means you do not need to sell you time to earn the residual income.
Savers earn interest. > Passive Residual Income
Song writers earn royalties on their songs. > Passive Residual Income
Authors earn royalties from their books and tapes. > Passive Residual Income
Network marketers get residual commissions. > Residual Income
Actors get a piece of the action. > Residual Income
Entrepreneurs get business profits. > Residual Income
Investors get dividends, interest and appreciation. > Residual Income
Visual artists get royalties from their creations. > Residual Income
Software creators get royalties. > Residual Income
Game designers get royalties. > Residual Income
Inventors get royalties. > Residual Income
Partners can get profits. > Residual Income
Mailing list owners get rental fees. > Residual Income
Real estate owners can get cash flow profits. > Residual Income
Retired persons can get pensions. > Residual Income
Celebrity endorsers get gross percentage profits. > Residual Income
Marketing consultants get % of profit or gross revenue. > Residual Income
Are you looking for income ideas to start your passive internet business? Then you are where you want to be. Most would like to have an residual income, but dont know how to go about getting one. Residual income is the amount of income that an individual has after all personal debts, including the mortgage, has been paid. This is usually calculated on a monthly basis, after all monthly bills and debts are paid. Today with all of the financial uncertainty it is hard to obtain extra income. Alot of us would love to find a way to leave our nine to five’s giving us more free time to be a able to do what we want to. Most people try to find a passive income, but end up spending quiet a few dollars, go thorugh a bunch of get rich quick scams, and a bunch of pointless programs, with big promises, and little results. All of these hotshots try to convince you, their products are the best, but you end up getting redirected to another site that will promise you originality if you purchase their program. No more need to worry there is somewhere you can go and find the help you can depend on. You will be able to make a passive income from an internet based business. A passive income is an income received on a regular basis, with little effort required to maintain it. The only thing asked of you is that you be prepared to put in some work, nothing comes free. Some passive or residual income ideas are.
WOW just what I was looking for. Came here by searching for tax returns