The majority of people earn what is called a linear income. However, many people have realized there is a better way to earn money. They have started earning a residual income. Everyone is looking for a way to make more money and a residual income business opportunity is a great way to do so.
Linear income is income a person earns from doing a job directly. This is how most people earn money through employment. A person gets paid an hourly rate for the hours they work. They do not get paid any more regardless of how hard they worked or how good of a job they did. It is a straight pay based upon the number of hours worked.
Residual income, on the other hand, is not based upon the hours worked but rather the effort put into the work. Residual income allows a person to keep earning money for something they do one time. For example, if a person places an ad selling candles then they have completed the hard work involved. Now all they do is sit back and wait for people to start ordering. They continue to earn with every sale made from that one advertisement.
There are many residual income business opportunities available. These opportunities are mostly based online where residual income seems to be the favourite way to earn. In many cases the work involved to earn income is placing ads and maintaining those ads so they drive customers to a website where they can shop and buy goods. Thus the business owner is making money without a lot of effort on their part. They do not have to watch over the shoppers since their website is automated to allow the customers to shop and make purchases through easy to use programs.
Another good example of residual income is writing and publishing. This is true online or offline. A person write s book or e-book and then sells multiple copies, making income off each sale. They only had to write the book once and they continue to make money as long as the book is in circulation.
One of the best things about residual income is that a person can earn it even when they are not working. Residual income is not parallel to the number of hours worked. It is solely based upon the effort put into getting customer, which involves a one time set up and then periodic maintenance.
Residual income is not limited to online. As mentioned with writing and publishing, a residual income business opportunity can be found anywhere. A person just needs to understand what makes income residual and then they can begin to look for that residual income business opportunity that will make them money over and over without requiring long hours of work.
Increasing prosperity in our lives is accomplished by having the correct frame of mind.
The truth is, our thoughts are very powerful. They are capable of influencing every aspect of our daily lives, from our physical health to our social behaviours.
I'm sure you've heard the adage, "As you think, so shall you be."
If you want to improve your life, first improve your thoughts.
Harnessing the power of thought in a positive way has the ability to create great change in your life.
Once your thinking in the right way, only then can we learn to use the tools to make our lives better... I hope that some of the ideas shared on this blog help you make the most out of your life.
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