Residual Income

RESIDUAL INCOME NET WHAT IS IT HOW IT WORKS It's a way of making money while not actively working. Residual income is also called recurring or passive income. Once the residual stream is setup, it can bring money on regular basis, without or with very little upkeep. Residual income comes after building an asset that will continue to bring money even after the work is done. The asset can be anything that can potentially bring recurring income like IP, stocks, property, investment... TYPES OF RESIDUAL INCOME WITH CAPITAL W/O CAPITAL Real Estate Properties Income from renting or leasing property, land for exploration, displaying advertisement on property. Intellectual Properties Income generated via royalties or licensing of intellectual property such as books, software, patents, trademarks, music, stock photos, videos, art. Interests and Dividends Income from sayings that earns interest or stock which brings dividend Internet Properties Income from advertisements, subscriptions, affiliate links from web erties Investments Investment in stocks, businesses or properties that increased its valûe since initial procurement Associate Programs Income from multi level sales, subscriptions, return customers, referral, reseller, affiliate, bounty or other associate programs Pensions Income from pension plans ADVANTAGES DISADVANTAGES Financial independence if the residual income produces enough money Setting up residual stream of income is not an easy task Live security, regardless of emergenčies It requires dedication and lots of work in the start Freedom to do anything and use the time Most of the GREAT ideas are already taken Live anywhere in the world Difficult to calculate the minimum required return It builds entrepreneurial spirit Can encourage short run orientation MEHE brought to you by: MMFH