Residual Income is the Key to Financial Freedom

Residual Income – what is it and why do you want it?

Residual income is making continuous money from doing something once. It has been around a long time, but its popularity has grown with the Internet. It can used to supplement a income or it can eventually replace a full time income.

Also called passive, or recurring income, it is income that continues to be generated after the initial effort has been expended. Compare this to what most people focus on earning. Linear income is a one-shot compensation or payment in the form of a fee, wage, commission or salary.

Linear income is directly proportional to the number of hours invested in it. An example is 40 hours of pay for 40 hours of work. One of the great advantages of recurring income is that once things are set in motion, you continue making money from your initial efforts, while gaining time to devote to other things... such as generating multiple streams of income or generating more leads.


It takes time and hard work to build recurring income. With so much hype and empty promises on the Internet today, some believe this type of income can happen immediately. It just doesn’t work that way. It’s about doing the same thing over and over in order to earn money. It’s about doing something once and getting paid for it again and again.

The internet is an amazing tool and must be used to its full potential to be successful. It is full of endless possibilities. Learn to take advantage of it. Take advantage of search engines. Learn how to be at the top of them. Learn how to automate your follow up process. It’s a tool that works 24/7, learn how to use it and maximize your profits.

During the early stages of building your passive income, you must have patience. The first six months or maybe even year, you will make little or no money. But if you keep building and teach others to duplicate your actions, your recurring income will grow.

If you are truly looking for financial freedom, it can happen. It takes patience, time and hard work. But it is so worth it.

There really is no alternative. A residual income can only be built with patience and a strong foundation.

Return from Residual Income to MLM Compensation Plans