Your house payment may come due every month for 30 years. Your car payments every month for 5–7 years (and then they start all over again). Your college savings or tuition payment plan … every month for 10–20 years. And all those other little bills … every month for like, forever.
If you don’t sleep at home for a week, do you still have to make the payment? If you don’t drive your car for a few days, do you still have to pay for it? Yes, you do.
Most of us are paying these “residual bills” with Grinder Income. We grind through the commute and grind through the piles of work. And what happens to our income if we get sick, get fired, or just get plain burned out? Right. Our income comes to a grinding halt.
Residual income comes in every month. It may be rent, but not rent we pay — rent others pay us. It may be a debt payment, but not one we pay — one people pay us. Residual income comes from assets like real estate, cash we invest/loan, or something we create, like a book, movie or hit song.
Written any hit songs lately?
Got any movies in your future?
Own a bunch of rental real estate?
How about an investment or hard money portfolio?
Didn’t think so.
Network Marketing was MADE for residual income … it is in our DNA. It is simple math called “compounding.”
Einstein called compounding “the eighth wonder of the world.” Compounding happens in Network Marketing because of the rule that everyone can build a team. Everyone. From day one. (It’s kind of like breeding rabbits.)
This creates at least the possibility that you can create dozens, hundreds, and maybe even thousands of other people using and recommending your products. By doing so, you spread your income out over all of those “income centers.”
When your income comes from 200 different sources, it stabilizes … and becomes residual. And when you have that many people striving to create their own residual incomes, the odds are that some of them are more ambitious, more talented, more connected, and more passionate than you are. They rise up and build an even bigger business than you did … except oops, their business is also your business!
Such an income is an ASSET … 200 times more valuable than the monthly income. You earn $5,000 a month and you build an asset worth $1 million. Where else can you do that in 4–5 years on a $500 investment?
P.S. We’d love to have you join in the conversation. Comment down below and someone from our team will select a lucky winner to win a copy of my best-selling book, “Mach2 With Your Hair On Fire.”
P.S.S. Did you know that there is a book called “The Four Year Career®” that is all about the brilliance of asset income and how you can achieve it through Network Marketing? Read it, I know you’ll love it!