| Did you know that 9 of 10 families now need two working
members to just make ends meet? Comprehensive surveys indicate 85%
of all North Americans and Europeans would like to own their own business. A new home-based business opens every ten seconds.
25% of North America is involved in some sort of home
business. The average home-based business generates
over $50,000 yearly in income, while the average working
wage is only $ 22,000 in North America.
As your
business grows it takes less effort because you not only
gain from your own efforts, you also gain from the efforts
of others!
Residual Income
– Similar to royalty income. A person invests his or her
initial time or money and then sits back and collects
income off of the continuing sales and dividends.
Examples:-
Pop stars get paid every
time a song is bought, played on TV or Radio or at
concerts.
An author gets paid every
time his book is bought even though he may have wrote it
many years ago.
These are true examples of residual income.
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