Residual Income and How it Relates to You

Residual income is sometimes intertwined with the term “passive income” but they are basically the same. When you derive a residual income, via a residual income business opportunity, it basically means you receive payments ongoing after an initial sale in some shape or form. This passive income can have many variants. The term is almost synonymous with network marking but I don’t subscribe to that strict view. Additionally, “passive” could be interpreted as not having to do anything to receive payment, but as we know in life there’s no such thing as the “free lunch” per se which leads me to the bad news. You’re going to have to do some hard work! At least initially to set up your residual income business so that it is built on firm foundations and will grow strongly going forward.

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