What is Residual Income?

by Sarah Robbins

(My Mentor and Leader)

I didn't understand residual income until I lived it. If you're back at work today and aren't in love with your profession and the life you're able to design, maybe it's time you learned what residual income is.

It's also known as passive or recurring income, and it's different from a regular wage that's based on the number of hours invested in a particular job. Residual income continues to generate itself even after the work is done. This kind of income helps you earn more while working less as it continues to pay over and over for work done once.

If you're working a job and earning a salary (like I did as a teacher), there's a 1:1 ratio between the hours of work you put in and the dollars you earn. You stop working, you stop making money. You would only be able to earn more money by getting a promotion or working longer hours. For both of these options, there is an upper limit that can't be scaled.

Where do you find residual income? I found it in turn-key entrepreneurship. Is it easy? NO. I've worked hard for a few years, but on my terms and around the other parts of my life I love. And it's allowed me to design the life of my dreams, having compressed 30-50 years of work into 3-5, and retire my handsome husband Phil 35 years early!  - Sarah Robbins

If you're looking for more money, flexibility and to dream bigger this year, we should talk. I'd love to help you design the life of your dreams, too. 

Learn how you can be part of the fastest growing industry in the country!

What Made You Want To Be An Entrepreneur?

I was recently asked, "what made you decide to become an entrepreneur? Was it family flexibility? Was it more money? The chance to work from home?"

What made me want to become an entrepreneur was really all the above and more. I wanted the family flexibility, more money, and also be in control of my own destiny. I see so many people work so hard, long hours, and sacrifice so much of their own time and family time in order to achieve success. In order to maintain that success, one has to keep up that level of effort and time. Network Marketing gives me an opportunity to work for myself and control how much I want to work and when I want to work. It is not an over night success but with time, commitment, and belief in yourself, it can give you the financial freedom that everyone dreams about.

What are your reasons???