The word residual means recurring, in this article I will be writing about the benefits you can have with a monthly recurring income that gets paid to you monthly, every month for the rest of your life.
Most of the work people do around the world is based on trading their time and talents for a paycheck, this is called regular income that you have to continue to work for your whole life to keep the paychecks coming to you.
The people that earn residual income use a business system that earns income for them.
There are hundreds of different types of business systems being used today by people to earn a residual income. If you have read some of my other articles here at this blog you have probably noticed I am a big fan of Robert Kiyosaki and his books. Robert is a good example of someone who uses business systems to earn residual income. His book RICHDAD POORDAD was written back in 1996 and still is being sold all over the world.
Writing books is a business system that he uses to earn a residual income. Robert is also a real estate investor who has over 4000 rental units that he earns residual income from. He earns residual income every month from his business systems without having to do any work because his business systems earn the residual income on there own.
In Robert’s books he writes about several types of business systems for people to use to earn a residual income. The most important part of a business system is it needs to be designed in a way that will pay you a monthly residual type of income. That means the customers of the business system need to be monthly customers so there is a stead stream of revenue coming in every month.
A true monthly residual income can make you financially free if your business system has enough monthly residual income to pay all of your bills and enough for you to live your life as you want too. So you will need a business system that produces a monthly revenue to pay your bills and enough revenue to live without having to work anymore.
You will be financially free as soon as your monthly revenue covers all your life expenses.
There are a lot of business systems out there so when I started looking at them, I first decided what I did not want to be writing about or promoting here at my blog. I really hate the business systems that involve physical products. Writing about or promoting physical products is just something I could never do myself. I also could never write about or promote anything that cost a lot to own or operate. So I picked an affiliate membership program that does not involve any physical products and only cost 10 dollars a month to own and operate.
I have been an internet gunky for a long time and think the internet is the future for all of us people who like creating content for other people to see. I like building websites and blogs like this one you are reading right now. So when I found a website company that is designed to be a tool to build a life time residual income, I know that is the right business system for me.
The business system I am writing about and promoting with this blog is designed for content creators like you and me. I believe if you are a content creator and looking for a tool to build a life time monthly residual income, I think this is the right tool for you.
I know you are sitting there thinking, ( what is the work involved in this business system? ) What we want people to do is teach people about residual income and how they can become financially free for the rest of their life if they have residual income.
There are millions of people in this world who don’t have enough income to be able to afford the basic necessity’s of life. The way we can help these people is by teaching them how to use our business system to build a life time residual income. That is what I am doing right now, I wrote this article to help you understand how monthly residual income can give you financial freedom. We just want you to share our message with other people who need to hear this message.
I am sure if you think about it you probably already know some people who have a real need to earn more money, our business system will give you the power to help them. All you will have to do is create some content to explain to them that you want to help them just like I am here writing this article right now. Our goal is to help people earn a life time residual income, is that something you would enjoy being a part of?
Think about it and read some of my other articles and if you decide it is something you would enjoy being a part of, I will be here to help you any way I can, we want to help as many people as we can build a life time monthly residual income so they can become financially free, that is why it is called THE INCOME FOR LIFE PROGRAM.
If you would like to have a conversation with me you can post a comment and I will get back to you as soon as possible.
Have a super wonderful day,
Mark, the Residual Income Teacher