Residual Income
Residual Income is one of the greatest financial creations of all time. Just look at Elvis.
He’s no longer with us (or is he?) and yet he is still earning residual income! With residual income you are paid today AND tomorrow for work you do today. Also known as passive income, this is the ideal formula for a Freedom Mapmaker. Free from the concerns of trading time for dollars each day, the Mapmaker is free to pursue dreams.
There are several common methods of creating residual income. One is purchasing houses or apartment buildings and collecting rent. Another is collecting royalties for books or music you’ve written. Some people make financial investments that pay them regular dividends. My residual income of choice has always been network marketing, because it doesn’t require a large financial investment and anyone with a strong desire and a willingness to grow can succeed. I continue to receive checks for work I did over 10 years ago!
If you are currently a network marketer, a small business owner, or are thinking about either of these two options, you’ll be interested to know there is a new business toolbox that’s just about to be released. It’s called BizPack and it offers some remarkable tools that will make life much easier for you. It includes a bundle of services that are on the cutting edge of technology. One of the features that I’m really excited about has the ability to identify hundreds of dollars in small business tax deductions. What’s not to love about that? Freedom Mapmakers love increased cash flow! Some of the other features include web meeting services through GoToMeeting/GoToWebinar and training on internet optimization and marketing.
You may be wondering what this has to do with residual income. BizPack is being offered by independent agents (like me!) and is a true ground floor opportunity that includes residual income for anyone willing to go to work. BizPack is the newest release by the well established, award winning company United First Financial.
If you are looking for a way to create residual income, look no further! Be the Freedom Mapmaker you were meant to be.
4 Comments
Other Links to this Post
RSS feed for comments on this post. TrackBack URI
By JenniferBhalaHansen, March 7, 2009 @ 8:20 pm
Hey Jodi
I really love your blog post using Elvis as an example of residual income. Multiple streams of it are what all the wealthy set up for themselves. Bizpack is a ground floor opportunity for people to set themselves up with lots of it.
By admin, March 7, 2009 @ 9:47 pm
Indeed! Residual income is the gift that keeps on giving!
By Lisa Downing, April 30, 2009 @ 12:55 pm
I am excited about Bizpack and what it can do. I really look forward to learning it and using it to grow my business to its maximum potential
By admin, April 30, 2009 @ 12:58 pm
Me too, Lisa. To be able to assist individuals and small business owners to have more money flow and save on taxes is truly a gift!