Evaluating Network Marketing Residual Income against Traditional Income

by Remi Badozi on July 28, 2011

network_marketing_residualincome

Residual Income Vs Traditional Income

Network marketing residual income is what makes the mlm industry very attractive to many as it is seen as a means of obtaining financial freedom that many talks about but only few do something to achieve.

Due to the state of the global economy, more and more individuals are worried about money now than ever before. There are still individuals that think by clinging tightly to their jobs, their financial future would be secure. Is it really?

Wherever you are right now in your journey of life, one thing that I would like you to take away from this article is this…..”Never allow ANYBODY to convey to you just how much you are worth!”

Yes I am saying this before you even read the article….mainly because I want it to stay with you.

Here is a QUESTION for you: If you decide to stop working today, how much would you get compensated? If you are like most people, your answer is most likely going to be “nothing”. However, the answer from a wealthy person would be completely different.

Now, the only difference between a wealthy person and a non-wealthy person is simply that a wealthy person is somebody who has learned how to earn money when they are no longer working, when they are on holiday or when they are tucked in bed sleeping.

According to Jim Rohn, “Profits are better than wages. Wages will make you a living whilst, profits make you a fortune. It’s difficult to get rich on wages, but anybody can get rich on profits”

The wealthy people’s way of earning income is what is referred to as “Residual Income”.

Hence, in network marketing industry, network marketing residual income is money that just gets compensated for you, whether you’re actively promoting your products and/or services or not.

Basically, you get money regardless of what you are doing at any given time; since the money makes itself….it does not rely on you. So if say as a network marketer, your primary company had a residual income of $2000 a month and you now qualify, you could STILL get compensated $2000 each month even if all you did was tend to your garden or even sit in a rocking chair and read the newspaper each and every day.

You see, wealthy people like successful network marketers have learnt how to earn their living 24/7, and you can too.

Unlike the network marketing residual income, the only real residual income that many people are ever going to earn may be the measly interest on their savings account with their bank – if their bank is still standing!

Network marketing gives people opportunity to have residual income that is big enough that you would eventually want to quit working altogether…if you know how to build your network marketing business.

Traditional Incomes:

As soon as you manage to secure yourself a normal job, you will start earning money from your very first day you show up for work. More importantly, your employer decides just how much your service is worth. When you finish work for the day and go home to your loved ones or to do whatever pleases you, you stop earning money for that day till the next time you resume work.

This is what traditional income is all about….you substitute your time, skills, talents etc for money!

Clearly anyone can see that it is almost unfeasible for anyone in this circumstance to get wealthy by doing this because every penny that you earn is totally determined by you coming to work. Simply put…..if you do not work, you stop earning money!

Before we go any further, let us clarify what “Wealth” really is. Wealth is not just about having money but having abundance!

The main reason why lot of people choose job as their primary approach to generating money is because haven’t heard of all of the options that are available these days!

If today, you are involved in network marketing and you are on your journey to attaining your reward of residual income, I say “Well done….keep at it!”

Network Marketing Residual Incomes:

As soon as you wake up every morning you begin earning money. In reality, you would have been generating earnings through the night. All you then need to do is some work during the day – wherever you choose to work and whatever time you wish, so that you are contributing towards your residual earnings.

Whenever you finish work for the day, your earnings does not stop but keeps growing because you have a network marketing team that you are leveraging. If you choose to go ahead and take a day or two off or go on holiday for one week, you do not stop generating money. There is no employer that can decide to come and stop your residual income because you choose to take the day off! Not really a chance!

When you are at that point where you are now earning network marketing residual income, you are in complete control!

Anyone can start on a journey to earning residual income – it is far more straight forward than most people think…

Whatever you do, don’t let ANYONE tell you how much you’re worth!

If you are looking to start making a residual income I would love to talk to you and help get you get started.  Connect with me and we can chat.

To Your Success,

INTERNET BUSINESS KNOW HOW!

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{ 4 comments… read them below or add one }

Champion Charles Burleigh July 29, 2011 at 2:39 am

Remi,

The best part about residual income is that it can keep growing. I have a friend who stopped actively building their business 10 years ago, and they still receive a check that is only a little less than when they were active! That’s true residual income!

Keep sharing the word.

To Your Success,
Champion Charles Burleigh
Champion Charles Burleigh recently posted..Are You Ready For Retirement?

Reply

Remi Badozi July 29, 2011 at 6:58 pm

Hey Champion Charles!

Thanks very much for stopping by and sharing!
Amazing, isn’t it? Yet we have people out there that keep saying mlm doesn’t work.
The problem is most give up too soon to reap their rewards. I’m quitesure my readers
would also appreciate your friend’s story.

Thanks again and all the best.
Remi

Reply

untraditional income March 29, 2012 at 1:50 pm

I enjoyed the tips you are providing on your website. Residual income can make life easier by providing long term income for doing something one time. Thanks for the information
untraditional income recently posted..Benefits of Working Online

Reply

Remi Badozi March 29, 2012 at 11:07 pm

Thank you

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