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Related Graphic #1: If you understood residual income…
Related Graphic #2: Residual income means…
Linear Income: With a job, you trade time for money. At the end of the week, your boss pays you for the work you did that week. The next week you start from zero. You have to put in the work again to get paid. Linear income is directly related to the number of hours you work. If you work 40 hours, you get paid for 40 hours of work.
Residual Income: Unlike a paycheck from a job, when you develop a “residual income” you don’t have to start from zero every week, or every month. You don’t have to start over from zero ever again. Residual income means never having to “start over.”
Why? Because when you earn a residual income, your income compounds from the work you are currently doing and the work you have already done! The work you did last week continues to pay you this week, as does the work you did two weeks ago, and three weeks ago, and four weeks ago, etc… all the way back to the week you first started earning a residual income.
Here’s the best part, a Network Marketing business offers you the chance at a residual income! After all, you have residual bills that you pay every month… why not have a residual income?