Why Residual Income Is Smart Money

Posted by JM Catalan
3
Jul 20, 2007
532 Views

 Why Residual
Income Is Smart Money     

A new
home-based business opens every second. 25% of the people living
in North America are involved in home business in some way, and
it's no wonder when you consider the alternatives. Our Western
Capitalism depends on a company earning more from your efforts
than the amount they pay you. This model simply doesn't work any
longer for many of us. Everyone seems to want to own his or her
own home based business. Surveys indicate at least 85% of all
Americans would like to own their own business.
Did you know that 9 of 10 families now require two working
members just to make ends meet? So who is left to raise our
children?
The average job
today pays an average of $27,000 a year. This hasn't changed
that much in the last few years, but the cost of living has
almost tripled since 1965.
The average
Western home-based business generates over $50,000 a year. Not
all home based businesses earn that much, especially in the
beginning, but some earn many times that amount. That brings up
the overall average. The best part is that we get to choose to
be one of the ones who make the most, or the least. It is up to
us - it's not up to anyone else.
A home based
business offers advantages that are unavailable in most
professions. We can reclaim the true freedom missing in most of
our lives through a home-based business. The Internet truly
offers an opportunity of a lifetime. It is leveling the playing
field and is making it possible for anyone to sell and compete
with the big guys worldwide.
Don't jump to
the conclusion that you can get rich quick. Some do, but most
won't! It takes time and effort, especially in the beginning,
just as building any other worthwhile project. You first build a
foundation, then gradually "grow it" from home."
A great tree
starts with a very small seed. The potential for an entire tree
is already present in the seed. If you can envision the
potential, you can achieve the results. This is the foundation
of my business, and why I am writing this today. 
As your home
business grows, it gradually takes less and less effort two key
concepts that must be understood are in a nutshell:  


You may not
earn much - or anything - from the initial work.



You earn
residual income AFTER you do the work.

 
When you see a
movie that you enjoy and tell someone else about it, you are, in
effect, selling the movie to that person! The highest paying
profession in the world is sales! Selling is simply sharing
stories and helping people. Everybody hates selling, but almost
everyone enjoys helping others. 
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