Passive Residual Income Is The Best Type of Income
Being successful is not just about gaining more wealth. It is about gaining more freedom. It means more freedom with your time, more financial freedom, and a better lifestyle altogether. It means getting out of debt and having more tranquility in your life. If you figure out how to make the right kind of income, you’ll have a perpetual income from now on.
It does not mean having to wake up to an alarm clock every morning, jumping out of bed and trading your time for dollars, only to rush off and make someone else rich. Its a different game that you are playing, and you make the rules.
So, in order to achieve great success working from home, you must first understand the difference between Linear Income, Leveraged Income & Passive Residual Income. Let’s take a look:
Income Type #1 or Linear Income, is income generated by working at a job. When you work, you get paid. When you do not work, you do not get paid. This is how most people live their lives and why those who only work for Linear Income, can never stop working.
Income Type #2 or Leveraged Income, is a little better than linear income, but It’s still not the best option. This is because your income is built on the direct sales efforts of those who earn linear income. a good example of this is the small business owner, who is paid off the efforts of others. This is great in many ways, but it doesn’t offer a real security. Linear income employees can quit, find a higher paying job, or even become your competitor.
Income Type #3 or Passive Residual Income is a perpetual income that takes your finances to new levels of success. IF you stop working, it keeps working for you in the background. For a home based business, this is perfect. In this level of income, you look for opportunities where everyone has the same exact opportunity to gain based on their effort. Xango is a good example of this income, because of the down line commissions from repeat purchases of a consumable product, the mangosteen juice. You will make commissions for years, and even decades. It takes on a life of its own.
just ponder the thought for a minute.. What kind of income, do, you will make? I don’t know why anyone would want anything else, but a passive residual income. Do you want to get paid for your time or do you want to be part of a perpetual moneymaking machine? Financial freedom is what we are talking about.
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