Russell Westwood | rgwconsulting
Folks..Been a long and cold rut on the Internet and finally a true winner has emerged...Not to be missed and worth every cent: Just opt-in and take the tour!!

In Search Of Real Residual Income?

Aug 7th 2010 at 11:18 AM

In Search Of Real Residual Income?

First and foremost, what is Residual Income?

According to Wikopedia: "Residual income, repeated regular income earned by a sales person, generated from the payment of a product or service, that must be renewed on a regular basis in order to continue receiving its benefits"

As Network Marketers, it is a certainty that we are all looking for an income that can either supplement what we currently make in our daily jobs, or a full-time income. To achieve your desired results, you must have a plan, which includes a good program or programs, a steady flow of solid traffic, a budget for the program(s) and advertising, and most importantly, time.

Let's set the record straight!!

Residual income can not be acheived from any online program that includes a one-time payment. Sure..You make money along the way as you and your downline continue advertising these programs, but that is not residual income. That tends to be passive income or active income.

Residual income is based upon joining a program with a recurring monthly payment, making the effort to recruit others to the program, and continuing this trend until you have reached your income goal, but of course, you must hope that your recruits will continue the same trend, and that they will all stay for a long period of time. Online residual income tends to fluctuate from month to month.

Maintaining a solid and recurring residual income is another story!

You join a program, work your tail off for a month or two, reach your goal and then what? Quite honestly, your job has just started..Now you must encourage and empower your recruits to do the same thing as you. If not, you just may see your efforts go down the drain after a few months, or much sooner. Of the millions of people on the Internet that desire an online opportunity and income, very few really know what to do and how to do it. If you have it figured out and you are finding success, then share in your wealth of knowledge.

The most common form of residual income opportunities tend to revolve around the health and wellness industry, advertising and training programs, as well as mobile services, but in almost all cases, tend to include some form of consumer or consummable product.

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