Residual Income: ready to “earn” on your own terms?

So what exactly makes a guy like me write a post like this…? I wanted to share my experiences concerning Residual Income, and the financial freedom it brings… this really does seem to be the way forward if you have the know-how and the means.

It looks as though many people prefer the common route when it comes to earning a living, the common route being the nine-to-five job, working each day to increase your manager’s salary, as well as ensuring that your (already rich) employer gets even richer by the day – thanks to your efforts as an employee.

Now, if you’re reading my post and wondering what a residual income is, just focus on the following for a moment:

Continuous income – paid to YOU – not your boss…

The whole idea behind the word “residual” is to commit to work in a specific area, and earn a wage because of it – every week, month, quarter, or year. So how do you go about making this happen?

There are a multitude of ways to do this, but the main powerhouses are:

  • Become your own boss
  • Become an affiliate
  • Create a product or a service to market online/offline
  • Become an authority in a chosen niche online/offline
  • Learn to position yourself in your chosen field and wipe the competition clean by developing a product/service that is unheard of – and trumps all other competitors
  • Invest and scale in valuable commodities

 

 


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