Sunday, May 31, 2009
Residual Income
Linear and residual
Linear = paid 1 time only per hour. You get paid only once for your effort.
Residual= You work hard once and it unleashes a steady flow of income for months or even years
Eg write a book, battery tester on the Duracell battery( in the 90’s)
Linear vs residual
Linear= like struck on a treadmill
Residual= freedom
“Many an optimist has become rich by buying out a pessimist”
Linear = paid 1 time only per hour. You get paid only once for your effort.
Residual= You work hard once and it unleashes a steady flow of income for months or even years
Eg write a book, battery tester on the Duracell battery( in the 90’s)
Linear vs residual
Linear= like struck on a treadmill
Residual= freedom
“Many an optimist has become rich by buying out a pessimist”
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