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Residual Income

Residual income is revenue that occurs over time from work done one time. Some examples include:

An insurance agent who gets commission every year when a customer renews his policy
A network marketing or direct sales rep's income from her direct customers when they reorder product every month
An aerobics instructor who produces a video and sells it at the gyms where she teaches
A marketing consultant who creates a workbook and sells it in e-book format on the Internet
A photographer who makes his photos available through a stock photography clearinghouse and gets paid a royalty whenever someone buys one of his images
A restaurant or retail owner who has grown to the point of hiring a trustworthy manager
As you can see, there are many different ways to generate residual income across a wide variety of businesses. It may be recurring income from the same customers, or the sales of a product to new customers. It may require no personal involvement whatsoever, such as an e-book sold on a web site, or it may require some personal interaction, such as the insurance agent calling the customer to remind them about their renewal and ask them if they want to change any of their coverage. Often, it's something that you can delegate to an assistant.
Note that this is different from merely recurring income. Recurring income may still require your involvement to earn the income, e.g., a coach or consultant on a monthly retainer, or a caterer who delivers lunch every Monday to the local school board. While this "active recurring income" offers welcome stability, it also tends to tie you down, and you still have limits on your earning capacity based on your own personal production capacity.



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Curry Russell is currently one of the Top Leaders in a Network Marketing company called APLGO. Building it part-time in his spare-time. An Airborne Veteran of the war in Afghanistan, a Husband and Father of 2 children. Curry has spent more than 20 years traveling the world providing technical guidance and support for the 9-1-1 Public Safety industry. He has been in Network Marketing for only 6 years and has built a global organization of customers and distributors. Having earned many industry accolades including 5 cruises, car bonuses, public speaking opportunities, Leadership conferences, and having been featured in an industry focused magazine.

To learn more about his book “ Jesus Christ the First Network Marketer ”, please visit https://JesusNetworkMarketer.com. To contact Curry Russell for more information about the book: Email: [email protected] Call or Text: 304-812-2183

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