Its never too late to educate....... Linear income and residual income are the two common ways that people make money in this world. They are what divide the rich and the poor, the wealthy and the sluggish mid-class, the knowledgeable and the ignorant. Linear income earners are only paid for the specific time expended, and or paid directly proportional to the number of hours invested in their job. Linear income earners must be physically present to get their paycheck or salaries or wages as the case may be. Residual income earners consist of business owners, those in the entertainment industry, author, investors, successful entrepreneurs, and network marketing associates. These classes of income earners continue to generate income after the initial effort of building the business. Residual income earners dont worry about Clocking in, they can be absent for periods of time and still see consistent income from their business. As a residual income earner, you could be in the shower, at home having more time for yourself and the family, a student (whether undergraduate or postgraduate) deceiving lectures in the university while money floods your bank account.
Posted on: Fri, 18 Apr 2014 05:02:06 +0000
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