Linear or Residual Income: Which Do You Have?



Read More: Leadership

Many people in the network marketing industry don't understand the difference between linear and residual income. Linear income is how 99% of the world is paid. You work so many hours and you are paid for your time. The main problem with this type of income is that everyone only has a limited amount of that precious asset know as time. When you are earning linear income you are always working for your money and unless you are a actor or professional athlete you will always more than likely behind in life trying to catch up.

Residual income on the other hand is something else entirely. Residual income is when you do the work one time but continue to be paid on that work over and over again. Residual income is the way that the wealthy of the world make their money. People like Donald Trump, Warren Buffet, and Bill Gates don't get up and go to a job they all have major sources of residual income that will pay them whether they work or not for the rest of their lives.

The potential to create a residual income base is the real power of the network marketing industry. No other industry in world allows everyday people the opportunity to create a real residual income source. However the key is to find a business that has products and services that people will keep longterm. I am not trying to down any company but just think about how long will people stay on a autoship for lotions, juices, vitimins, or coffee? These type of products are good, but not sources of great longterm residual income. I suggest that one should look for companies that deal in industries like energy/utilities and telcommunications because these types of services are more essential to people's everyday lives and they can never be paid off so the potential for long term residual income is unlimited.

Remember everyone that the immediate bonus income that is available with many opportunities in our industry is great but the true power lies in the long term residual income potential. Make sure that you are working everyday so that your money can turn around and work for you.

Interested in finding the right residual income opportunity?

Just Contact Me at www.BrianHawkinsOnline.com

 

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About the Author: Brian Hawkins

Member Since: 10/30/2010

I'm a Distributor For:: 5LINX

Other Company: Fresh Start University, Inc.

Industry: Telecommunications

Primary Web Site: http://www.brianhawkinsonline.com

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