The Quest for Passive Income
Passive Income, residuals, royalties 3 ways to get paid multiple times for a one-time effort. You write a tune in 1970 it gets covered by lots of artists.
The Best-selling author, Robert Ludlum was an exceptionally popular spy-thriller writer. Espionage based fiction was at its peak during the Cold War Years prior to the collapse of the Soviet Union and the Berlin Wall. Two of his titles, The Bourne Identity and The Bourne Supremacy were composed in the mid-seventies, roughly thirty years ago.
Both books became current blockbuster starring Matt Damon. Mr Ludlum gets royalties from package office, VHS and DVD and (I am presuming) product sales from these movies. Not only that, the motion pictures have stimulated an interest in all of his books. They have been re-printed and launched again to the book-buying public. All of this from 2 books he composed 3 years ago! Can you state Ka-ching!
That is the power of recurring earnings. I plan to compose a bestseller one day. It has always been a dream of mine. My Father was a writer and I come from a family of dedicated readers. I want books which is what urges me to compose. The concept of royalties is just icing on the cake. However such luring icing!
Constructing a passive earnings is also among the main reasons people get associated with Network marketing. You can construct a Network that continues to grow even after you have actually retired from business. Take a month off -check’s in the mail. Take a year off to backpack through India – there’s a check being available in monthly you are away. Attempt to do that with your job. Or harder still: Try and leave your employees to man the helm for a year and see what happens. Maybe, not so great.
To make a decent earnings you have to build your down-line. To develop a passive stream of earnings you have to construct a network.
I do not understand how broad spread this is but I do understand that Tahitian Noni International is approaching $4 Billion in item sales (if my stats are existing) and there is a bottle of Tahitian Noni Juice offered every 1.2 seconds somewhere in the world. I also know that there are lots of TNI suppliers building huge down-lines. TNI is expanding into brand brand-new markets every year which enables you to participate in lots of ground-floor opportunities. The Juice is on the relocation.
So, it appears to me it is not an either/or situation. You need to promote the products in order to promote the opportunity. The sales figures speak for themselves: a 20% increase over last quarter.
I can’t speak for the rest of the Industry however if you are searching for an opportunity to construct a residual and earnings and wish to represent a briskly offering item then I suggest you look into the Tahitian Noni International chance. Click on the link below and check out the Home page. Your dreams may be closer than you think.
– David Parton 2005
Passive Income, residuals, royalties 3 ways to get paid several times for a one-time effort. Constructing a passive income is likewise one of the primary reasons individuals get included in Network marketing. To make a good income you have to build your down-line. To develop a passive stream of income you have to construct a network.
I can’t speak for the rest of the Industry but if you are looking for a chance to construct a residual and income and dream to represent a quickly offering product then I suggest you look into the Tahitian Noni International chance.