7 Ideas to Create Long-term Residual Income
Tanya Aliza and I are excited for you to dive into these residual income plan ideas for you and your family.
Residual Income is where you continue to get paid AFTER the work has been done!
There are obviously more than seven ideas that exist where you can create a residual income stream, but we’ve tried to include the ones that are the most constant with the least upfront capital to get started.
There are a couple of variables that you want to consider before driving into any of these plans for you and your family.
- How much upfront capital do you have to work with?
- What is your risk tolerance?
- How much time do you have to invest each week to work your residual income plan?
When we give you the seven ideas, we’re going to also lay out these variables on a graph so you can choose the best option for you and your family.
Not every plan is going to work for everyone… but the graph below should give you an idea of where to start based on the 3 variables listed above.
Our favorite Residual Income Plan Ideas:
=============> Network Marketing & Blogging
Why? – Low Risk, Low Upfront Capital, and HUGE income potential if you do it right with the right mentors and teachers.
In Conclusion: Make sure that you have a residual income plan in place for you and your family … whatever that might be!
Here Are Some Awesome Resources That Will Help You Even More
THE NETWORKING REVOLUTION
This book was co-authored by our good friend and Lady Boss, Jessica Higdon. Tanya not only loves this book because she’s in it (wink wink), but because it showcases many success stories from everyday people that have created amazing results in Network Marketing.
Keep multiple copies of this book on hand to share with any prospects as an amazing recruiting tool. Learn More: http://amzn.to/1N49TmL
THINK & GROW RICH
This was one of the very first books I ever read that taught me how to train my mind to become successful and to work my way into the top 1%. I read it each year as my New Year ritual and I learn new ways of thought, each time, that have helped my double my income each year for the past 4 years now. Learn More: http://amzn.to/1gjFnjl
MONEY MASTER THE GAME
I highly suggest picking up this book and reading it immediately if you currently have an investment portfolio or you are looking into building one.
One of the main reasons I held back for so many years in investing was I didn’t trust where my money was going, this book will debunk all the scams that you’ll want to be aware of in the financial planning world, so you can invest with confidence, knowing where your money is going and how to maximize your profits. Learn More: http://
THE B-L.A.B (BUILD LIKE A BOSS) FACEBOOK COMMUNITY
AKA Build Like A Boss, The B-LAB is Tanya Aliza’s FREE Facebook Mastermind group full of awesome Networkers and Entrepreneurs that are all on a mission to grow their businesses faster and easier with Online Strategies for prospecting, recruiting and sales.
Tanya conducts theme inspired days of the week, as attendees hold each other accountable and lift each other up! Share in the fun! Come introduce yourself and your business. You can join us here: www.BuildLikeABossGroup.com