How to Make Money Online with Residual Income Programs
Residual Income is another term for “recurring” income. Basically there are three types
of income streams that you may have coming into your business. If you do a one-time
job, sale or perform a contract, you get paid once and the income stops there. If you do
a normal 9 to 5 job, you will continue to get paid as long you continue to work for your
employer—often called a linear income. This is the type of income that the majority of
workers “enjoy.” Even if you are a neurosurgeon, lawyer or engineer, you are only paid
as long as you continue working. You stop working and the bank account dwindles.
The third type of income is the residual or recurring income where you are paid even
after you have stopped working. For example, let’s say that you wrote a book. You had
to go through the tedious task of researching, writing and getting a publisher. However,
after that initial investment, and as long as your book continues to sell, you will continue
to receive royalty checks.
A majority of affluent people created wealth through a residual
income stream. Take singer Michael Jackson for example; he
still continues to receive royalty from the sales of his records
made decades ago. He can even repackage the same oldies
and sell them to generate new income. He doesn’t have to
spend time in the studio to record new songs in order to have
the cash keep flowing in. This is the most ideal situation of the
three. We would all like to work once and get paid over and over again. That is the
power of residual income!
The majority of professionals that enjoy this type of income belong to the creative fields
such as actors, writers, singers, and inventors. But you can have a recurring income
too. Many online companies will pay you a recurring income for referring others to them.
Instead of getting paid once like you do with most affiliate programs, residual programs
pay you for as long as your referrals continue to be paying customers.
Here are some places online where you can find residual income programs. These are
just a few but you can find many others with just a little research.
1. http://www.lifetimecommissions.com
2. http://www.residualincomefinder.com/
3. http://www.income-directory.com/
4. http://www.b2byellowpages.com/directory/b2b_finance/residual_income/
5. http://www.affiliateseeking.com/residual-income.html
of income streams that you may have coming into your business. If you do a one-time
job, sale or perform a contract, you get paid once and the income stops there. If you do
a normal 9 to 5 job, you will continue to get paid as long you continue to work for your
employer—often called a linear income. This is the type of income that the majority of
workers “enjoy.” Even if you are a neurosurgeon, lawyer or engineer, you are only paid
as long as you continue working. You stop working and the bank account dwindles.
The third type of income is the residual or recurring income where you are paid even
after you have stopped working. For example, let’s say that you wrote a book. You had
to go through the tedious task of researching, writing and getting a publisher. However,
after that initial investment, and as long as your book continues to sell, you will continue
to receive royalty checks.
A majority of affluent people created wealth through a residual
income stream. Take singer Michael Jackson for example; he
still continues to receive royalty from the sales of his records
made decades ago. He can even repackage the same oldies
and sell them to generate new income. He doesn’t have to
spend time in the studio to record new songs in order to have
the cash keep flowing in. This is the most ideal situation of the
three. We would all like to work once and get paid over and over again. That is the
power of residual income!
The majority of professionals that enjoy this type of income belong to the creative fields
such as actors, writers, singers, and inventors. But you can have a recurring income
too. Many online companies will pay you a recurring income for referring others to them.
Instead of getting paid once like you do with most affiliate programs, residual programs
pay you for as long as your referrals continue to be paying customers.
Here are some places online where you can find residual income programs. These are
just a few but you can find many others with just a little research.
1. http://www.lifetimecommissions.com
2. http://www.residualincomefinder.com/
3. http://www.income-directory.com/
4. http://www.b2byellowpages.com/directory/b2b_finance/residual_income/
5. http://www.affiliateseeking.com/residual-income.html
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