How to Earn Residual Income

How To Earn Residual Income
Talking about how to earn Residual Income is one my favorite topics.  Income comes in, whether you are working or not.  It takes some time to build, and, it is worth it.  How do we do it? Most people have active, not passive income.  They go to work and they get paid.  They don’t work and they don’t get paid.  It’s the model that most people follow.  Most people get paid by either the hour, or the project, or by client.  Entrepreneurs get paid by the value they bring to the market place.  People who have jobs generally get paid what the job is worth.  Not necessarily what the person is worth.  What if your job ended.  Would the income continue?  In most cases, no.  So how to earn residual income?   Well, lets see.  What businesses out there allow you to earn residual income.  Perhaps RE?  Maybe.  If you do it right.  You would need to have properties owned that people pay rent on.  Advertising? That profession certainly has changed a lot over the years.  If you get in with the right company you can probably earn residual income.

Where else can we earn Residual Income?

Life Insurance.  Yes, we can go out and get our license and learn how to sell life insurance.   Most professions that offer residual income involve some sort of sales.  My favorite way to earn residual income is with the wonderful profession of Network Marketing.  Most folks dont understand how great this profession is.  We should explore that together.  But before we go any further, lets determine what you would do if you didn’t have to work.  Do you ever feel that your job gets in the way of your life?  When my mom was thinking about retiring, she wasn’t sure what she would do with her time.  Now that she is not working, she can’t even believe she had 8 hours a day available to work.  What would having more money available at the end of the month mean for you and your family?  If you had a million dollars in the bank at 5% interest… that’s 50 grand a year.  Who do you know that has a million dollars in the bank.  If your bank account was full and your calendar empty, what would you do?  Would you ski? I would …. check out this cool video of me on the chair lift

So … enough about me… what about you?  Would you golf?  Travel?  Build an orphanage?  Write a children’s book?
What would you do if your bank account was full and your calendar was empty?  What would you do if the money were coming in, day after day, week after week… and all your bills were paid.  Remember when you were little and you had all these great dreams and goals.  Did you accomplish them?  I have found that people want what we have.  A great way to live, to have better deeper relationships, to travel and play, and to have enough time and money to enjoy life.  I’m a lifestyle guy… I want to spend time with my family, travel the world, empower others.  I. WANT. IT. ALL.  Do you?  That’s why Network Marketing is such a great profession.   Let’s get to know each other.  Please leave a comment below and tell me what you would do if you have enough money and time to do it.  Let’s teach you how to earn residual income.
– Drew
PS: If you want to learn how to create an extra $10,000 in the next six months, shoot me an email.

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Comments

  • Ron Deering March 24, 2015 at 5:08 pm

    I totally agree… there’s nothing like residual income… great post Drew…

    Reply
  • Krista Hill March 24, 2015 at 5:10 pm

    Great post on residual income!

    Reply
  • Robb Corbett March 24, 2015 at 5:14 pm

    Hey Drew, great post. Residual income simply rocks. Once people understand what it is they would run through a wall to get it! 🙂

    Reply
  • Don Shan March 25, 2015 at 11:43 am

    It looks a little cold out there.. thanks for still taking the time do this training for us!

    Reply
    • Drew March 25, 2015 at 12:35 pm

      HA… yes it was cold Don indeed – but I felt the urge to share… love residual income indeed

      Reply