Personal Residual Income Machines

When you hear the term “residual income” you might cringe at the memory of your brother-in-law when he got involved in that MLM that sold nutritional supplements and he was going to be rich in 2 years! Well the concept is the same but I believe that some MLM’s have given residual income a bad rap. You don’t need to be in an MLM to earn residual income. Insurance brokers earn residual income. Musicians earn residual income. A coffee shop owner can create residual income. There are millions of ways to do it, and anybody can. You just need to be patient and smart. Residual income happens when you set up a system that manages cash flow while offering a product or service that people will pay for over and over again, and is structured so that you can step away from the business while still getting paid.

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