Residual Income Is The Way
Forty! Forty! Forty! The perfect age for financial fulfillment! Whatever direction you are looking at life, you should be expecting to see your life attain a comfortable level of financial fulfillment.
What happens at age forty can define what happens for the rest of your life. I’ve stated this earlier in this book. Chance is high that if you don’t define your life at forty, it will take you much more effort to correct the demeanor.
If you are the kind of person who keeps having plans about the future without putting down any concrete steps today, you’d realize very soon that years run so fast and suddenly you are thinking “look I am already forty” and there’s nothing to show for all my youthful years.
Don’t just read this book because you just want to read a book! I want you to leverage on the ideas in this book just as I am doing. While we can’t define what happens to us by virtue of what life presents, we can however define our lives by what we are doing. Life can toss us anywhere but when we are deliberate with our lives, we are able to still see shore despite how hard the wind is.
There’s no one who doesn’t want a better quality of life. You, your siblings, that neighbor, that friend and even the beggar down the road. But you will agree that not everyone gets this better quality and most people don’t. The reason is not necessarily because the opportunities are not available to better their lot. For most persons, it is because they lack the knowledge of what works.
You’ve perhaps heard of residual income. This phrase particularly rings a bell amongst those in the business circles. But residual income shouldn’t only ring a bell around business circles but also outside it.
What’s residual income? This is an automated system of earning income that ensures you earn income in your absence. Now imagine earning money while you do nothing. You probably don’t think there’s anything like that right.
It’s hard to convince people to believe that there is a business module that empowers people to earn residually. This is because we have grown up with the mentality of “no food for lazy man” or “if a man does not work, let him not eat”. We are often tempted to think that we only have to eat what we work hard for.
People brag about how hard they work. They boast about the efforts they are putting in their workplace. They are punctual, and leave their offices last. They are often awarded with little pecks here and there and a wooden carved award. And if they serve for a long time, the long merit award can get their head swelling.
But hey! There are people who are earning right at the comfort of their home, sleeping and eating. Now who doesn’t want to earn while resting and eating? Well. If you aren’t in for this, I am.
If I told you that every bottle of Coca-Cola you drink puts money in some person’s account, would you believe? How about if I tell you that the recharge card you bought last night has some percentage entering into some person’s account? And many of the products you buy on the shelves of your supermarkets are paying people residually. As long as people continue to buy these products, some others persons will be receiving alerts daily. What can be more interesting than seeing your money dip into your account every day without much stress?
It will surprise you to know that some of the richest and wealthiest persons around us are residual income earners. They invest their money into businesses that pay them per product sold. Now think about it. Imagine just earning one cent on millions of bottles of soft drinks daily. You can never be poor!
The question you may ask is “how do I know which company guarantees such income?” there are several schemes that get people to invest promising some form of residual income or the other but they have ended up scamming their investors. It’s not surprising that people have been turned off from making investments like these ones that promise residual income because of the experiences they have had.
The fact that we have had several fake system means there are real ones who have a long history of decades of paying investors without much ado. They have perfected their art and have increasingly empowered people to earn while building their companies. A good search over the internet will show you some of these names.
You may be familiar with names such as GNLD, Longrich, Orange, Forever, Tasly etc. These are only a few names amongst a huge list of companies. Check them out, they have products to sell that sustains their business and they pay you on the platform of how much you invest as well as your ability to get them buyers. In reality, they pay you because you get them buyers who pay far above the cost price of the product from which they can pay you.
Those who have successfully pushed their products also get rewarded with opportunities to travel abroad, are gifted with houses, and cars and most of the work can be done via a smart phone over the internet without much stress. They even guarantee retirement benefits and the income can be transferred to your children and family as inheritance in a situation where you are no more. This means, this is not a one of thing, it’s an investment of a life time.
Several persons have fallen for MLM or money doubling schemes that are not sustainable. Any scheme that guarantees you a process of doubling your income is a scam waiting to happen. They may seem to pay early on but they’d soon fall apart when they’ve gotten their own doze. You don’t want to fall victim to such schemes.
Doubling schemes have no plan for the future. They are only meant to meet your immediate rush for money and they often do not last beyond months. I’ve had several friends who were defrauded of hundreds of thousands of naira because they engaged themselves in such schemes. Be warned, those are not residual income businesses.
Businesses that offer residual income do not promise you big income at the beginning but they’d guarantee you graduating income as the business expand from your end. This means the more people that get involved in their business through you, the more you earn. Truth be told, much of the work is done at the initial time when you just joined. Sooner you won’t need to do much work.
I have known and met quite a lot of persons whose fortunes have changed by just making a single investment. But it does not come easy. It will cost you some money to invest initially but it will turn out good subsequently. I attended a seminar where the convener shared his experience joining one company that offers residual income opportunities to her investors. When he had heard about the opportunity, he never thought this was real. He had been searching for job opportunities since he finished at the university.
He attended a seminar where the convener asked him to join the company with only thirty thousand. He didn’t have the money but he went looking for it. Everyone told him it was fraud, but he believed he would give a shot. Today, he is empowering others. He earns thousands of Naira daily and is empowering others to earn too.
Residual income generation is a sure way to earn once you’ve got things rolling. Some persons earn residually through other platforms like blogging.
Some persons have the impression that some of these residual income generation companies sell drugs. Well, while it may be true that several medical related companies are applying this model, several other businesses are seizing the model too.
It is important that now that you are in your twenties and thirties, you should be searching for correct sustainable opportunities to create wealth for yourself in the future by doing the right things today.
Yeah, its hardwork, but the work often is easier when you are younger. I’ve been making this point throughout this book what you can do today is best that you do today. Find a way by all the positive means that you can to make today count for tomorrow.
It’s good that you can work hard today to ease the burden of work in the future. Yeah, you may gain experience today that may be valuable tomorrow. But if your experience today becomes valuable today, that’s not a bad deal either.
It is wisdom to seek opportunities today and to seize them as you discover them. Nothing good arrives in life without a good chunk of sacrifice here and there. You don’t want to be making sacrifices when you are old.
Today, you can sell off your beautiful gadgets to invest in opportunities. Today you can decide that you don’t wear the finest wears for the sake of making today’s investment. You’ve got to give up something and it’s going to hurt.
No good investment is free! Those who are looking for easy and cheap ways to invest or make a living don’t often get it. The real deal will cost you something.
Now, you can set aside part of your income to invest into a system that’s going to guarantee you a lifelong earning opportunity. You will have to do that search yourself as part of your responsibility.
Please remember to check the number of years such companies have existed before you invest. Ensure they also have a huge presence in your country and a huge physical base. Real companies build real structures. Don’t fall in for schemes over the internet, most turn out fraudulent. Any company that’s serious about their business will certainly build a base that people can see.
Be deliberate in your search. Ask questions, listen on the radio for seminars, attend them and ask questions. A good search will guarantee you the quality you are looking for. And please, don’t get to forty and not seize this important wealth generation system.