Monday, April 9, 2012
A Residual Income is by far the best way to be paid. A residual income is where you leverage your income potential by working in numbers. In some cases you can also be paid residual commissions for life even after you have stopped doing what it is that you were doing to get it in the first place.
It is a bit like a royalty that is paid to a songwriter every time his , or her, song is played or rereleased. The song writer would be paid further royalties for every new release by other artists who do a cover of their song. The song writer is then paid for life on this based on the royalty income. A residual income works in the same way.
Now every company is different, and the pay plans all vary. However, the principle is the same. You can earn a monthly residual income based on team efforts, and once it has built a solid structure going down a couple of levels you have the potential to earn that residual income every month for life.
Ok, so I have given you a pretty straight forward run down, and you would like to think that a residual income is easily achieved, however, it is not as simple as you think because the team will grow staggered and at a different pace down different legs. Your residual will build if your consistent, but just do not expect it to build evenly.
I think you get the idea with this residual income example. The key here to finding the best residual income formula is to find the right company to go with. You need to be in a good niche with a conference software. Also many of these companies have bonuses within the pay plan, such as, winning a car, winning a holiday, hitting targets to open up new levels of bonuses and further income streams.
A true residual income can settle you for life giving you forever financial stability and the lifetime freedom to for fill your dreams without limitations or financial restrictions.
It is a bit like a royalty that is paid to a songwriter every time his , or her, song is played or rereleased. The song writer would be paid further royalties for every new release by other artists who do a cover of their song. The song writer is then paid for life on this based on the royalty income. A residual income works in the same way.
Now every company is different, and the pay plans all vary. However, the principle is the same. You can earn a monthly residual income based on team efforts, and once it has built a solid structure going down a couple of levels you have the potential to earn that residual income every month for life.
Ok, so I have given you a pretty straight forward run down, and you would like to think that a residual income is easily achieved, however, it is not as simple as you think because the team will grow staggered and at a different pace down different legs. Your residual will build if your consistent, but just do not expect it to build evenly.
I think you get the idea with this residual income example. The key here to finding the best residual income formula is to find the right company to go with. You need to be in a good niche with a conference software. Also many of these companies have bonuses within the pay plan, such as, winning a car, winning a holiday, hitting targets to open up new levels of bonuses and further income streams.
A true residual income can settle you for life giving you forever financial stability and the lifetime freedom to for fill your dreams without limitations or financial restrictions.
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