Most of us have heard the term "Residual Income" but what about "Linear Income" what is it and what is the difference between the two? Let's say that you know a world famous heart surgeon. This man performs 2 transplants a day, every day, 51 weeks a year. He takes a week off to take his family to someplace warm in the middle of December. His workday starts at 7 in the morning and ends at 6 at night. He gets paid for the work he does in those 11 hours. What about the other 13 hours? Do you think he is getting paid while he is at dinner? sleeping? This is Linear Income, he stops getting paid when his work stops.
Lets look at Residual income. We have all heard of Michael Jackson. He puts out a song and gets paid every time that song is played on the radio. He may be sleeping or on vacation but he will still get paid everytime someone buys one of his records.
Residual Income is the main reason people get involved in Network Marketing. You make a presentation one time and you get paid month after month, week after week on the products your downline buys. Imagine taking a 2 month vacation and coming home to find 8 checks in your mailbox. Which do you think your choice would be? a 2 month vacation and getting paid the whole time? or a 2 month vacation and not getting paid a penny.
Donnie Norton
http://thefreemlmsuccessbook.com
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Hey Donnie,
ReplyDeleteI liked this post my friend. Most people have never heard of linear income but that is exactly what most people get in exchange for their time spent on the job. Residual income makes more sense and hopefully this post will educate them enough to halt with the linear and start with the residual. Love to have a 2 month vacation. How about you?
Friends 4 Life!
Eddie Garcia
eddiegarcia08@gmail.com
Linear income -vs- Residual income? Is there really anything more to say about that? I think not. Great post Donnie keep it up.
ReplyDeleteAshley
I like the way you think. Give me residual income anyday over linear income. Good post
ReplyDeleteLeroy Whitekiller