What is Residual Income?

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Do you want to continue working 50, 70, 100 hours a week the rest of your life? Do you want to continue the long hours, or physical work that you know you can’t keep up?

Good! Neither do I.

Do you want to be able to take time off whenever you want to, without worrying about what’s going to happen to your business?

So do I!

Have you ever heard?
“Don’t make yourself irreplaceable. If you can’t be replaced, you can’t be promoted.”

As an online business entrepreneur, this is still true in its own way. Let’s think of “being promoted” as earning more and working less. You can try to sell higher priced items, but until you can remove yourself from being directly involved in doing the work that generates the income.  There’s always going to be a limit to how much you can earn, and it can only increase very slowly.

Passive income, on the other hand, is income that does not require your direct involvement. Some kinds of passive income you may be familiar with include owning rental property, royalties on an invention or creative work, and network marketing. If you want to earn more, work less, and have a decent retirement, you’re going to have to start creating income streams that do not require your direct involvement. Whether you’re just starting your business, or you’ve been running it a while, the sooner you start thinking about how you are going to shift your business model to create more passive income, the sooner you can achieve personal and financial freedom. Start finding ways to “replace yourself” in your business to create true residual income.

Get started with your residual income builder today by putting in your name and email and take the steps, no matter how small they may seem to generate the goals you desire.



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12 responses to “What is Residual Income?”
  1. Secret Residual Income – Constant Residual Income Tips

    […] View original post here:  What is Residual Income? | A Success Dream […]

  2. Aman Kanwal Sidhu Avatar
    Aman Kanwal Sidhu

    Yes.. This is what I believe that is the need of the hour.

  3. Garry Mclachlan Avatar
    Garry Mclachlan

    we all have residual bills, why not have residual income.

  4. Tyronne Ratcliff Avatar
    Tyronne Ratcliff

    Once I got my first taste of residual income I was hooked!

  5. Sandraji Lynn Avatar
    Sandraji Lynn

    we must have residual income

  6. AleciaStringer Avatar
    AleciaStringer

    like being prepared

  7. Pauline Redzuan Avatar
    Pauline Redzuan

    ‘Residual bills need residual income 🙂

  8. Denise Thiefault Cully Avatar
    Denise Thiefault Cully

    Residual income is great but still takes work! Something people have the expectation of getting something for nothing. The laws of the universe don’t work that way.

  9. Heather Shay Avatar
    Heather Shay

    Yes! Yes! Residual income makes life so much easier. So grateful I found the path to Residual income! =)

  10. Shannon Lee Avatar
    Shannon Lee

    great explanation! …happy I have it U0001f44d

  11. AleciaStringer Avatar
    AleciaStringer

    yes for sure

  12. Kesha S Parker Avatar
    Kesha S Parker

    thanks for sharing…some don’t understand