The concept of residual income is a very powerful principle!
Residual income is dependable income that keeps coming in month after month. It is usually based on previous activity, but often needs nurturing to keep it coming. Very few people have had the opportunity to develop any type of residual income that will sustain them in their old age.
Medical doctors don't have it. College professors don't have it. Attorneys don't have it Neither do school teachers, firemen, politicians, nurses, business executives or accountants.
Most people that hold 8-5 jobs can't even imagine continuing to receive an income from their employer should they ever leave their 8-5 job. Residual income is a concept they have never really thought of or even considered.
True residual income opportunities are hard to find. Some suggest that authors and actors have the best example of residual income because their book or their movie is sold. But a closer look reveals that that income is really short lived because should an author be fortunate enough to have his or her book hit the best seller list (necessary for it to produce much income at all), it usually lasts for a very short period of time, often for only a few short months.
Even the most phenomenal books last on the best sellers list for only a few years. That's because once someone buys a book, he/she is not likely to buy the same book again and soon, pretty much everyone who would buy a particular book has already bought on. And as soon as no one is buying the book, the royalties stop coming and thus ends the residual income.
The same is true for actors and movie producers. The true financial life of a movie is extremely short. And therefore the income stream is also extremely short.
So, where can one find true residual income these days? In truth, real residual income opportunities are very hard to find. Oh, sure, if you own a few million dollars in bonds or dividend producing stocks, you can have a substantial and reliable residual income stream. And some types of businesses provide residual income to the owner or shareholders of that business. But stocks and bonds and businesses that are substantial enough to produce significant residual income costs millions of dollars.
So the extremely wealthy do have residual income opportunities, but for the average guy, opportunity for residual income is extremely hard to find.
Some MLM companies claim that they provide residual income, but for a company to provide residual income it must stay in business for more than a few short years. That pretty much disqualifies most MLM companies. So where can you find residual income these days?
I recently did some extensive analysis on residual income opportunities, and after several months of investigation I have come to the conclusion that true residual income for the average person who is not already independently wealthy exists in only two places: insurance companies and our company- and we have a tremendous advantage!
Some insurance companies do provide real residual income for insurance agents. Many insurance agents will receive a commission on the original sale of a policy and additional income each year that the policy holder renews the policy. Of course, the insurance agent needs to continue to service the account. If the agent closed his agency or neglects to service the account on an on-going basis, the insurance company will transfer the account to another agent. The agreement between the agent and the insurance company spells out those rules very carefully.
Some might argue that the fact the insurance agent must continue to service the account would disqualify it as being a true residual income, but we would argue that except in the case of interest-bearing accounts, no residual income really exists without some on-going effort from someone.
The insurance agents that I talked to were very happy with their contracts and felt that they had the best thing going until I shared what our business has to offer!
Insurance agents are paid only on the business that their own agency sells or services. They did not believe me when I told that that our business pays residual income not only on the business that the individual Marketing Executive brings in, but also on the business that his customers refer and his customer's customer's customer's, etc.
One insurance agent was very proud of the fact he had referred eight individuals to his company, State Farm. They had become State Farm agents also. They are now all very successful State Farm agents. Of course, he does not receive a single cent from their efforts. But he hadn't expected to. He could not even imagine what life would be like if he received a percentage of their sales too!
After several months of research I could not find any business opportunity that provides anything close to what we provide for the average person. Our team members receive residual income from not only their personal efforts, but on the revenue created from a substantial pool of clients and customer referrals. Because their customers purchase our products month after month, it creates a residual stream of income which appears to be unmatched anywhere in the world.
With just a little consistent effort and nurturing, anyone can keep this business prospering and producing revenue well into their later years of like.
Of course this income is completely in proportion to the energy invested, but for the serious business builder, our business appears to be unmatched.
My commitment is to continue to help you build your own business in such a manner that it will continue to produce residual income for generations to come.
Our company constantly is searching for new, innovative health-promoting products and will continue to be on the forefront of the latest science and proven discoveries relating to good health.
It appears to me that nothing comes close in providing residual income. I will continue to strive to make others dreams come true in being their own boss and running their own lives.
Thanks for being a part of this wonderful journey!
I enjoy helping and mentoring other people to achieve success. I look forward to hearing from you and hopefully one day meeting you. Please visit http://summers.myebookpage.com/ right now and get your free eBook, "Six Concepts To a Successful Home Business." And learn how to run a business from your home computer
Warmest Regards,
Charlene Summers
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