Residual Income
This article will explain the power of residual income. If you’ve ever wondered how working until you were 65 is such a bad idea, you’re not alone. Just the thought of spending most of your life working for money and then to retire at an age where you are too old to really enjoy almost sickens me to the stomach. If you feel the same way and want to know a better way, read on.
Anyone who has to trade their time in order to make money is producing an income called linear income. This means the more time you put in, the more money you make. The less time you put in, the less money you make. Time and the amount of money you make are in direction proportion to each other.
Residual income on the other hand is exponential income. That means that it’s possible for you to put less time in yet make more money. The reason this is possible is because the income comes not based on the time you put in, but the work you put in. If you invented a single product that sold to millions of people, the only work you put in was in inventing that product. Once that is done, you pay someone to mass produce and sell it while you collect profits from it without putting in extra work.
This is how you can retire AND enjoy your money at the same time. When you work on creating residual income, it will literally change your life forever because it will open up doors you never even knew existed.
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