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Bobby Fulton


Residual Income: The Secret to Long-Term Internet Income

Written by Jeremy M. Hoover


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As this related to leveraged income, imagine that in addition to you working onrepparttar assembly line, you could train others to dorepparttar 102208 same work and make a percentage of each person’s income that you trained?

For example, you workrepparttar 102209 assembly line and earn $1000 each month. What if you could earn 10% ofrepparttar 102210 income for each person you trained to dorepparttar 102211 same assembly-line work? You would dorepparttar 102212 work (training) one time and be paid over and over again (residual income that is leveraged via other people's work).

Suppose you trained ten new people each month, for three months. Your monthly income would begin to look like this:

1st month: You make $1000 and each ofrepparttar 102213 ten people you train earn $1000. In addition, you earn 10% of their monthly income (10% of $1000 = $100 x 10 people = $1000 + your $1000 = $2000 total).

2nd month: You still make your $1000, but now you have 20 people who each make $1000. Your income is thus: 10% of $1000 = $100 x 20 people = $2000 + your $1000 = $3000 total).

3rd month: You still make your $1000, but now you have 30 people who each make $1000. Your income is thus: 10% of $1000 = $100 x 30 people = $3000 + your $1000 = $4000 total).

But wait! In your third month, 10 ofrepparttar 102214 thirty that you trained each trained 5 more people. Another part of your business agreement said that you would receive 5% ofrepparttar 102215 income of anyone that was trained by someone you trained. So, you have 50 more people each earning $1000, and you earn 5% of that --> 5% of $1000 = $50 x 50 people = $2500 + your month 3 total of $4000 = $6500 total in month 3!

This isrepparttar 102216 beauty of leveraged and residual income! By your one act of training someone to dorepparttar 102217 work, you will get paid over and over again from their efforts, and again if they train someone else to dorepparttar 102218 work!

Jeremy M. Hoover makes residual income from his site, http://hoovermarketing.info/leads.htm . Get a free affiliate marketing course at http://hoovermarketing.info/amg/introduction.htm .


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