Make Money: Why I Love Residual Income - By: Steve Lauri

Are you familar with the phrase "work harder, not smarter"? They very well could have been talking about why I love residual income.

Have you ever wished you would have invented a specific product? I've heard people say they wished they had come up with the pet rock or with Beanie Babies. Not me. I wish I would have invensted toilet paper.

Once the pet rock and Beanie Babies ceased to be popular they sales plummeted. Not so with toilet paper. Talk about a product that everyone needs again and again! And it really hasn't changed much over the years. It just keeps selling and selling!

Residual income is like toilet paper. Once the product was developed and hit the market not much effort has been required to sell it. People need it ever day and therefore they buy it. There is security in selling toilet paper.

Linear income is like the Pet Rock or Beanie Babies. If anyone is going to make money from them they will have to continue to get out of bed each day and work like heck to get those sales.

Residual income is when you keep making money after you invest your initial time and effort. It is recurring whether you keep working or not. So doesn't it make sense to get involved with some type of business that gives you the opportunity for residual income?

You may love your full time job but if you do not keep going to work the paychecks stop. However if you can develop a business that has residual income potential you can be sitting on a beach in the South Pacific or snow skiing in the Alps and still be making money. It gives you great freedom!

Residual income can be made in many ways and for the most part is not thought of as a get rich quick venture. Rather it's a way to work diligently and intelligently building a business base that will enable you to receive income indefinitely long after you've done the work.

You will find residual income opportunities with virtually all network marketing businesses and online with affiliate marketing. What's also great about this is that you won't generally need to spend a lot of money to accomplish attaining a residual income.

You will want to find the top opportunity for you and then put in the required initial time and effort. That will typically include working with and developing others.

There is a side benefit for those that pursue this type of income. By building a business this way often times you help others also create residual income streams. This can be very rewarding.

About the Author

As an Online Marketing Success Coach, Steve Lauri shows people how to become profitable in the world of online business utilizing social media and attraction marketing. For free tips, ideas and solutions visit: http://stevelauri.com

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