Are you standing at the door to wealth but can’t seem to find the right key?
There are many keys on the key ring that can unlock the door to wealth, but you have to know which ones they are and how to use them correctly.
In this article I’ll focus on the “residual income” key that many have discovered can be used to enter the inner sanctums of the wealthy.
But before I go too far, I should probably define what I mean by “residual income,” (also called passive or recurring income).
While there are perhaps a number of definitions for “residual income,” I will be using the term here as follows:
“Residual income is income that continues to be earned after the initial effort has come to an end.” In other words, it can be thought of as the process of making a sale one time but getting paid over and over again.
How can this be? That is, how can you make one sale and get paid over and over again? Well, let’s take a look at some common examples of residual income.
An insurance policy. When you buy an insurance policy, you normally pay premiums monthly, quarterly or...
To view and download this full PLR article, you must be logged in. Registration is completely free. Once you create your account, you will be able to browse, search & downlod from our PLR articles database of over "1,57,897+" on 1,000's of niches and 200+ categories without paying a penny. Click here to signup...
