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Further
Reading ...
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Are you paying too much for your mortgage insurance? - Ivon T Hughes
Most of us, struggling to make our mortgage payments, realize the importance of financially securing our home and our lifestyle by putting in place some life insurance. Your bank or lending institution does too! They will usually require that the...
M6.net can lower your Web Hosting costs - Candice Humbley
Many hosting companies that offer low prices find it hard to offer a good and reliable service. This, in most cases, is due to failure to project company growth. Web host growth refers to the amount of accounts coming in and at what rate. If a web...
Two Steps To Gain Free Website Traffic - Tina Barraclough
There are many ways to get free traffic to your website. I have tried most of them, and was diappointed with the results that I had. I have found only two guaranteed methods that have brought traffic to my website, and best of all they are "Free"!I...
Are you looking for a Small Business Loan? - John Mussi
A small business loan is designed for a wide range of UK small, medium and startup business needs including the purchase, refinance and expansion of a business. Finance is the lifeblood of a business. Without it you cannot grow. Small...
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Extra Income --- That Would Be Nice
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Written By:
Esther Smith
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In the mid 50’s, a family could survive on one income. Today, very few can manage on two. And that won’t be enough in another few years.
It’s a shaky future. All of us would be wise to have multiple incomes flowing into our bank accounts.
Prosperous people have always known this. If one income vanishes, they have others to support them. Ordinary people are much more vulnerable. If they lose even one of their incomes, it wipes them out. It could take years to improve this situation and the rippling effects can be disastrous.
It won’t be long before people will need a portfolio of income sources – AND from completely different and diversified avenues. If one source dries up, you will barely feel the bump. You are sound. You have time to adjust, regroup. You are safe.
Do you have multiple incomes flowing into your bank account at this time? Are they Linear or Residual? And do you know the difference?
You have a Linear source if you get paid for every hour you work. You have a Residual source if you work hard once, and it releases a steady flow of income for many years. You are rewarded over and over for that same original effort.
Even doctors and attorneys are not as wealthy as they appear. They don’t earn residual incomes. They can only see a fixed number of people per day and they have to be there every day to generate their single Linear income. They may appear to be wealthy, but they work the same hours and days that most of us do. The only difference is their Linear income is higher than ours.
If you are smart, you will start shifting your income sources from Linear to Residual and eventually realize the freedom to do what you want, when and where. This can be accomplished easily, without a lot of fuss. Start with ONE new residual source this year. How - continued below ...
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about right now?
Of course most of us cannot write a book or compose an opera in order to generate lasting Residual income. But the Internet has given us the chance of a lifetime. There are many programs not worth their print, but there are others that will indeed, give you the Residual income we speak of. The trick here is to recognize the difference between hype and straight talkin’.
Just as we must first walk before we run – to become a Leader, we must follow.
The best place to look for an ‘honest’ Residual income is to find someone you trust and follow him/her. A name that you recognize, a name that has a substantial following already, a person who over-delivers on promises. These are the true “gurus” --- and if you’ve been on the Internet for more than a month, you know who they are.
All of them have programs designed to give you Residual incomes. Look over what they offer and make your choice. Give it everything you have in promoting it, and when you have it off the ground --- look for your next Residual source.
Success is a marathon, not a sprint. I did it -- so can you.
Esther Smith is editor of “Partners-For-Profit” Newsletter and copywriter for The Permanent Venture. Get FREE info on your best source of Residual income today: http://thepermanentventure.com/TJF.htm This is NOT a “work-for-me” program.
mailto:editor@thepermanentventure.com
Esther Smith is editor of Partners-For-Profit Newsletter and copywriter for The Permanent Venture. She is also a wildlife artist. Her artwork is sold on several Internet websites.
editor@thepermanentventure.com
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| _Additional Resources ... |
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Leadership Success and Its Greatest Barrier: the Law of Administrivia - Gerald Czarnecki
Years ago, a very wise, and often cynical boss of mine asked me for a definition of management. After reflecting on the question I proceeded to give him an intellectually careful and, I thought, accurate definition. He allowed me to complete the...
Discover The 7 Key Areas Crucial To Business Development - Joe Bingham
Everyday your online, literally hundreds of pieces of information are laid out before you, and ALL of them claim to contain knowledge critical to your online success. Now obviously we can't read all of it, nor do we need to do so. Therefore, isn't...
Get an Auto Loan the Smart Way - Joel Walsh
Most people really get taken for a ride on their auto loan. Did you know that differences in the total cost of different auto loans can run into a thousand dollars or more? Here’s how you can get the lowest rate: Make a list of...
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