The 7 secret keys to wealth – Key #4: Residual Profits.
This article is one out of seven that I wrote about wealth. The whole series contain a lot of free valuable information about key factors that can help you become wealthy. The rich do things in a different way. That difference is the one I want to explain here. Let’s scrutinize together these strategies that can make you more money and help you boost your income.
The whole series contain the following articles . . .
1. Add Value.
2. The Multiple Streams of Income.
3. Passive Income.
4. Residual Profits.
5. Leverage.
6. Specialization.
7. Compound Interest.
In one of my other articles on this series I share information about passive income. Here I will go one step further and I will show you how residual profits can boost your overall profits.
It is all in the multiplication. That technique can multiply your efforts the most. The more effective your leverage is the more your efforts will be multiplied. Streams of residual income are a perfect method to do this.
For example, let’s say that you write a book. You realize...