Linear Income
First
off let me start by saying there is nothing wrong with having a Linear Income.
Linear Income can provide the foundation to make ends meet while you create a
fortune in network marketing. Don’t quit your day job!
More than 90% of people around the
world are accustomed to the source of income known as Linear Income: trading
time for money. For that reason most people are NOT financially
independent. Linear Income, also known as work income means you receive a
paycheck based on how much time you work. You need to put in a certain number
of hours every week. When you stop working, your income stops. Linear Income
requires continued work.
Residual Income
Residual
Income is different. It is the most powerful and profitable source of income.
Residual Income is the income of the rich. It is a source that keeps coming in
on a regular basis from working once. Residual Income is not about “get rich
quick” but rather doing a good job on the front end and being paid over and
over again for the work you did once. It requires effort, determination,
personal growth, and consistency… especially in the beginning… and time for the
magic to start working.
Today,
network marketing which provides Residual Income is recognized by many experts
and accomplished business people as the one of the fastest-growing business
models in the world. – Robert Kiyosaki on page 37 of
The Business Of The 21st Century
Once you truly understand and embrace the
concept of Residual Income and find a Residual Income business model that is a
fit for you can create time freedom and set yourself FREE from
the daily rat race!
The Mathematics of Linear Income
There is nothing wrong with having a Linear Income. It is considered to be
an honorable form of earning a living. Some people can earn good money. Hourly
wages can run from a few dollars to hundreds of dollars an hour. However,
Linear Income is limited to the number of hours worked and only provides an income
when you work. In other words, when you stop work, it stops.
Linear Income wages for most people in the West are
being driven down as companies in Europe and North America keep wages low to
compete with economies like China and India. Furthermore, fat-cat managers are
increasingly choosing to award themselves increasingly large salaries while
slashing those of people lower down the ladder. (According to Business Week, in
1980, executives earned 42 times as much as the average American worker. By
2000, however, American CEOs were earning 531 times the average worker's
salary.) So while Linear Income may be the manner in which most people earn
their pay checks, it is also the main reason so many of us will not be able to
afford to retire until we are at least seventy.
The
Solution for Most People
More and more people are turning to
something called time leveraging to create long term Residual Income. With time
leveraging, there is no hourly limit placed on your worth and money continues
to come to you whether you work or not. The difference between Linear Income
and Residual Income is that with Residual Income, your productive time is
leveraged. That is, your time spent at work becomes increasingly worth more and
more. Unlike fixed-salary employment, leveraged income has no upper limit.
Of the over 6,000,000 millionaires
in the USA today, 20% who have reached affluence in the past two years have
done so by leveraging their time... and they did it using something called
referral marketing.
It is no wonder that the likes of Anthony Robbins, Donald
Trump and Robert Kiyosaki are such passionate advocates of referral marketing
and developing residual income streams. As the latter says, "The richest
people in the world build networks, everyone else looks for work."
Referral, or network, marketing is
not a business but a way of doing business. Instead of paying astronomical sums
to advertising agencies to market a product or service, an ever-increasing
number of companies prefer to pay consumers to spread the word.
Referring is nothing more than doing
what already comes naturally – it is people sharing with people. When you tell
a mate about a great movie you have watched you are engaging in a form of
referral marketing, even though you didn't know about it and didn't get paid
for it. Referral marketing is about sharing information and making each others
lives better.
Income is generated when referred
customers purchase products or services. Income grows exponentially when the
people we refer, refer others, who refer others, etc., etc. In other words, as
the number of referred people increases (either by us or by those we referred),
so does our income.
What makes this all the more
exciting is the snowball effect. That's the inherent power of time leveraging
built into referral marketing. Success does not depend on personally referring
large numbers of people, but rather in referring and teaching referral
marketing principles to only a small number of people who then go on to do the
work for you... an easy and enjoyable task for almost anyone.
Email me at a.stitcher0421@yahoo.com or you can find me on FB:
Thank you for taking the time to read my blog. I hope you have a fantastic day!
SOURCE:
Azam marketing, http://www.azam.biz
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