| Have you ever wondered what type of income the | | | | Residual income is income that you continue to receive |
| wealthiest people in the world use to create their | | | | after a sale. An example of residual income is when |
| fortune and do it by working less hours? | | | | you write a book, get paid for the initial sales of the |
| Most people are relying on the more traditional way of | | | | book, but then get a percentage of all future sales. |
| creating an income for themselves and are getting | | | | The percentage would be your residual income. |
| know where fast; Such a way is: | | | | This type of income you see being generated mostly |
| Linear Income | | | | by celebrity singers, songwriters, inventors in the form |
| The best way to explain linear income is money you | | | | of royalties. |
| receive when you work or trading your time for dollars. | | | | The best thing about residual income is that it spurs off |
| Working 40 hours a week and getting paid one time | | | | into multiple income streams for you as well such as: |
| for those 40 hours. With this type of income your | | | | Passive Income |
| income is a direct result of you being actively involved | | | | This type of income allows you to earn income without |
| continuously. | | | | actively being involved. Think of it this way, right now |
| The problem with this type of income is the minute you | | | | you are working 40-70 hours a week and getting paid |
| stop working or get sick the income stops immediately. | | | | once. How would you like to get paid for that same |
| Meaning with out you being actively involved the | | | | work you did working those 40-70 hours over and |
| income will not come in for you. Yes you may get | | | | over again. |
| vacation time but even that has a limit of 1-2 weeks | | | | This is the true meaning of passive income this is what |
| then its back to work to keep income coming in. | | | | allows your boss to live on the beach while you slave |
| Another problem with this type of income is that on | | | | at work all day. |
| your job you are helping your boss live on the Cayman | | | | The last income stream Residual Income allows is: |
| Island or somewhere nice and warm sipping on a | | | | Leveraged Income |
| Margarita with an umbrella in the glass. | | | | This is best described by a quote from one of the |
| Here's a good question to ask yourself, "Who's helping | | | | past wealthiest men in the world, J. Paul Getty. He said, |
| you get to the Cayman Island or live the life of your | | | | "Id rather have 1% of 100 peoples efforts than 100% of |
| dreams? | | | | my own!" |
| Luckily for you there is such a way to create the | | | | Leverage income allows you to earn income off the |
| lifestyle you read about in the magazines or you hear | | | | efforts of other people. Think it about if you were on |
| about on TV. What if there was such a way to earn | | | | vacation with your family and when you returned your |
| income continuously from work you have done right | | | | bank account increased everyday. How good would |
| one time. Its through a income stream called: | | | | that feel? |
| Residual Income | | | | |
