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hey it’s chris jones here we’re going to go over today residual income opportunities why you want residual income residual income is one of the most desired things because it’s when one of the only real opportunities you have to become financially free so what is residual income sometimes residual income is called passive income or recurring income all income that continues after the initial effort you keep getting paid for work you have done basically it means once you’ve sold the product or once you’ve made a product you keep on my earning money month after month year after year the majority of people today are working for what is called linear income meaning if you sell someone or you do some work you get one payment that is it so basically you send a cubicle all day slaving away for a CEO that’s going to be making money month after month off your effort residual incomes where you earn the money month after month or year after year residual income opportunities some typical residual income opportunities insert insurance agent and you’ve got to get your license got to get insured got to go through some training but you know those the car insurance that you’ve paid for month after month there’s an agent that makes some money off that policy every time you make a payment on or life insurance life insurance is a great example on that insurance agents get usually fifty percent to a hundred percent of that first years commission and then after that they earn a certain percentage book writer if you write a book every time someone buys the book you get a percentage so long as that book selling you’re making money same thing about songwriter or singing a song every time it’s played you’re going to be making money network marketing not one of my favorites but it can make you money if you can build up a client base that buys a product from your month after month like vitamins vitamin water or what whatever like that rental properties now that’s a pretty good one um if you like being a landlord dealing with problems letting watching people that can be your ally you can make some pretty good money residual income with rental properties investments if you have a lot of money upfront you can make residual money with that also one of the ones that I didn’t really understand a lot of people throw on our list is affiliate marketing I really don’t see the residual income there yes you designed a blog and hopefully people keep on coming back to your blog but that doesn’t always mean people are clicking on that or buying your product yeah you can have an email marketing list and keep on marketing those people but really they’re not paying you month after month they’re not signed up for something so I think a lot of websites out there and a lot of people have that wrong residual income is where you’re earning money month after month for work you’ve already done not for work that you’re going to be doing to earn that money top residual income opportunities now there’s a few things that you really need to make sure that it’s a residual income opportunity one’s a worthy product well you don’t want to be out there pawning some product that’s worthless to anybody I meant that there there’s no value in that and there’s you you won’t feel good about yourself you also want no substantial investment up front I mean you really do want an opportunity to earn income without half the invest tens of thousands of dollars which you probably are he don’t even have any way so whenever you that we were talking about the residual income opportunities before and Spence it takes a lot of money to earn money that way with for residual income and then the third thing is service that is really needed I met there’s a lot of products out there that people don’t really need but if it is needed and you’re out there offering the product the residual income comes naturally because you’re actually helping the pupil okay now here you can see my business I thinks the top opportunity for residual income it’s agent ignited biz calm there’s no startup costs for people that just want to sell the product to help people businesses gain leads and get to the top of the search rankings or you can have a low cost start up and be a manager and hope other associates and help them build their business while earning money businesses need our service and then a business won’t survive if they’re not getting clients in the door so we help businesses and it’s a great feeling when you see that business succeed there’s no selling friends and family unless you’ve got a friend or family that owns a business and you want to help them out that’s great but you know life insurance network marketing all those companies out there that are looking for residual income first thing they do is ask you to take a list and list all your friends and family that’s no fun a great thing about this opportunities there’s no license you have to obtain kind of like the life insurance agent real estate agent whatever you don’t have to get a license and the great thing about this is you can do this from anywhere that you have high speed internet and a phone line so it’s opportunities everywhere you can call from Florida all the way to California wherever you want to go our Hawaii even Alaska in fact ignited biz calm we can do business anywhere in the world so visit our site again it’s agent ignited biz com watch the videos if you got any questions shins just let me know again thanks for watching the video have a great day
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