How rich get richer with residual income?
Posted on Thursday, October 26, 2006 @ 09:52 AM EDT
|
|
alexa writes "Residual income is the earnings that you continue to receive after your initial sale from companies offering this program. In other words, residual income is an effortless earning resulting from your sales efforts in the past.
First, what is residual income and how it works?
Residual income is the earnings that you continue to receive after your initial sale from companies offering this program. In other words, residual income is an effortless earning resulting from your sales efforts in the past.
Residual income accrues on a frequent basis usually on a monthly period. Members under you called downline generate the earnings known as residual income. More members in the downline means more income. Each member in every company with the residual income plan holds a position. In every organization members come and go or stay for variety of reasons, but positions remain. Holding your position in your company is the key to get the desired results.
The network of members in companies with residual income plan is called matrix.
Depending on positions and the number of members’ downlin, funds are dispersed among the members. Members with no downline receive no greens but still have to pay membership fee in order to stay in the matrix. Members with bigger downline receive fatter checks even when they are asleep! By getting paid over and over many times just from your downline, you can claim that you are earning residual income! This is one of the secrets how rich get richer.
There is another form of residual income that is called interest income. I don’t think I need to go on details on this subject, simply having cash and lots of it and earning interest while deposited into an interest earning account. If you have this kind of money and you still want to earn other form of residual income, welcome and let’s be friends!
To earn a little over $4000 a month with the average of 5% interest rate, you need to have cash in the sum of $1,000,000 (one million).
How long do you think you can work for somebody to save that kind of money? How much can you make annually: $15,000? 50,000? 70,000? 100.000? It doesn’t matter, you can not save enough to earn residual income from interest income to live your desired life, besides, you must show up to work everyday all the time and listen to your boss’s orders or work your butt off in your money losing or little earning small business. You cannot have that financial freedom in your dreams, not even close and you cannot have the type of lifestyle you always wanted.
There are millionaires who are earning tremendous amounts of residual income for years after years and that only make them richer and richer. Many of them began with very small amount ($50 or $60) and in the meanwhile learned how to do it right. These days $10,000 or $20,000 and more are not even important for them to mention.
With the first form of the residual income, you don’t have to show up to work to earn a paycheck. Your paychecks come to you no matter what, even when you are asleep!
But don’t take me wrong, I don’t mean that paychecks come to you for the rest of your life. This is not true if you don’t do the right things and if you don’t take the right steps, your residual income pay checks may eventually fades away, so it is better not to sleep too long though dreams are too sweet sometimes!
If you really believe you deserve a better life, you must discover those right steps and follow them vigorously. Remember, it is you and only you who can make the difference. It is only you who can design your future and your destiny.
Copyright © Alexa Nickels
http://www.pluginproducts.com "
|
Home Based Business
|
|
|
|
Permalink | Article submittted by alexa |
|
You are still an Anonymous user. To comment on this article, please register - it's free. |
|
mercurial soccer cleats (Score: 1)
by yuan on Wednesday, February 15, 2012 @ 08:16 PM EST
(User Info | Send a Message) | | We have not limited our coolest soccer cleats to public forums and public statements. I recognized in January that a long and bitter war like this usually cannot be settled in a public forum. That is why in addition to the public statements and negotiations, nike mercurial black have explored every possible private avenue that might lead to a settlement. Tonight, I am taking the unprecedented step of disclosing to you some of our discount soccer cleats for peace, initiatives we undertook privately and secretly because we thought we thereby might open a door soccer cleats on sale which publicly would be closed. I did not wait for my inauguration to begin my quest for peace. Soon after my election, through an individual who was directly in contact on a personal basis adidas f50 adizero orange with the leaders of North Vietnam, I made two private offers for a rapid, comprehensive settlement. Hanoi’s replies called in effect for our adidas f50 tunit boots before negotiations. Since the Soviet Union furnishes most of the military equipment for North Vietnam, Secretary of State Rogers,black adidas football shoes for national security affairs, Dr. Kissinger, Ambassador Lodge and I personally have met on a number of occasions with representatives of blue soccer cleats to enlist their assistance in getting meaningful negotiations started. In addition, we have had extended discussions directed toward that same end with representatives of other online soccer shoes which have diplomatic relations with North Vietnam. I received Ho Chi Minh’s reply on August 30, three days before his death. It simply reiterated soccer cleats had taken at Paris and flatly rejected my initiative. The full text of both letters is being released to the press. In addition to the public meetings that I have referred to, nike mercurial white has met with Vietnam’s chief negotiator in Paris in 11 private sessions. lzle |
|
|
Re: How rich get richer with residual income? (Score: 1)
by ytrbbb (vdvd@hh.com) on Wednesday, March 21, 2012 @ 01:21 AM EST
(User Info | Send a Message) | AKLEY fashion is to the innovation fascinating, custom oakley [www.custom-oakley.com] is to challenge all the rules of the burning passion, we to technological innovation and technology custom oakley sunglasses [www.custom-oakley.com] frenzy hobby harsh precision requirement for a oakly,Oakley has unique collection of science, art, customize oakley sunglasses [www.custom-oakley.com] not to succumb to challenge traditional thinking of cultural heritage. http://www.custom-oakley.com [www.custom-oakley.com].
The classic leather brand COACH, a like with concise, Coach Singapore [www.coach-singapore.net] durable, style characteristic win the love of consumers. And have the reputation of both Coach Factory [www.coach-singapore.net] COACH bag bag, the original design inspiration comes from a softball was gloves and brand building Miles Caha people in Coach Handbags Singapore [www.coach-singapore.net] a watch a softball game site, was surprised to find that the baseball glove has with the smooth, the more the soft characteristics http://www.coach-singapore.net [www.coach-singapore.net]. |
|
|
adidas football boots (Score: 1)
by zxj1234 on Tuesday, May 01, 2012 @ 11:53 PM EDT
(User Info | Send a Message) | | It is well known that human attention adidas football boots can be concentrated on not more than 7 objects at the same time, plus-minus 2 when it comes to each individual. It means that while solving a problem, making a decision we can concentrate only on 7 different adidas f50 thoughts and usually most of us cannot think about all of the objects simultaneously but we can switch from one thought to another. However, there is an approved adidas soccer cleats method how to increase the possibilities of human thinking and how to gain control over 343 elements switching among them rapidly and not forgetting a single detail. Furthermore, this method helps black soccer shoes a creative person to generate more valuable ideas, develop them and transform them into reality. When we moved into a new apartment I started looking over nike mercurial superfly my old documents, print-outs and notes. At one point of time I came across the notes that I had made before on detachable pages of a notepad. Having revised each idea carefully, I was stunned when I found a thought Nike CTR360 Elite that I wrote down about 6 months ago and which still seemed very useful for me. It is ironic that the same thought about developing the methodology of gaining turf soccer shoes knowledge and skills came across my mind recently and appeared to be very new to me. I had been thinking about it for a long time because this idea was developed soccer shoes store about 6 months ago but due to the peculiarities of human thinking it was well forgotten. At that given moment of time the idea was recorded in my mind but then I forgot it and did not return to it. It is good to think on paper nike total 90 laser because having written you thought, you can let it go and come back to it later. Would you like to know why? Both we and the world nike soccer cleats around us change very quickly and therefore a lot of our ideas lose their significance after some time. When we record our idea on paper we can come back to it tomorrow, look it over, correct it using the newly adidas f50 adizero prime acquired information and knowledge. It means that after the thought is written down you have the freedom of consciousness, you can let you mind and creativity adidas f50 blue focus on the other goals and ideas. zxj |
|
|
| |
|
: Unit of 1 Article Archive : Amazon eStore
