The Power of Residual Income
Residual income is a very powerful income source if you are willing to put the required effort in to build it.
There are two different types of people in network marketing. Those who are always looking to implement new skills and strategies to improve their value to others and those who just want to do it on their own because their way works.
Every decision you make is a long term decision – EVERY DECISION!
If you make a short term decision such as making a lot of money quickly; it’s really a long term decision because it impacts your reputation and what you’re doing. You’re followers may be put off if you keep changing what you are doing too often.
So many people think short term but we really need to think long term. Not just with business but with life in general. Getting fit is a short term decision but really to accomplish the desired result it’s a long term decision.
Let’s suggest that if you’re going to make money long term in this industry, you’re going to have to work hard. You absolutely have to work hard, there’s no way around it. Of course once you have achieved the brand you set out to achieve, you won’t have to work as hard; but to start with you have to put the effort in and give it all you’ve got!
Why wouldn’t you work on something hard right now that will pay you on your efforts long term for the rest of your life? That’s why Network Marketing is the perfect opportunity. You only do the work once and receive residual income for the rest of your life. So you see building your business is a long term decision.
That doesn’t mean quit your job today and just focus on your primary. It means to put the hard work in now to build the residual income.
When you build up residual income it’s the most powerful thing you can have. You have the time to enjoy life and still have income coming in and no worries about your financial future. If you build residual income, even just $20,000 per month, you can pretty much do anything you want in life.
Doesn’t that sound appealing?
It’s is achievable if you have a long term view of your business opportunity and make that long term decision to work hard for your future. Most people in their J.O.B’s have to work hours upon hours each week just to make ends meet. The still can’t afford all the extra pleasures in life. And not only that but in most families both parents have to do that!
Would you rather earn $20,000 per month and have the time to spend with your family or work in a 60 hour a week job and just keep making ends meet? We all know what we would rather. That’s your long term decision, what lifestyle are you going to work for?
Are you ready to create your residual asset? You’re already creating that by the content you’re putting out each week, which is not only going to be there for a week, it’s there long term generating traffic. Unlike some of your previous actions in previous J.O.Bs, you’re not earning residual income on your past efforts are you?
It is possible to create a life style and an income based on residual income but you need to put the hard work in now if you want it bad enough. Just keep being consistent and keep achieving the daily goals you set for yourself and you will start to reap the rewards of residual income.
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