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DISCOVER In these Amazing Chapters:

1. Recurring Income Explained
2 Network Marketing Reviewed
3. Choosing a Network Marketing Company
4. Network Marketer’s Survival Guide
5. Secrets of the “Heavy Hitters”
6. About Affiliate Marketing and much...https://www.tradebit.come

Income Secrets

Recurring Income Explained

Recurring Income is another term for residual income. In a nutshell, there are
three (3) types of income streams that you may have coming into your business.

1. If you do a one-time job, sale or perform a contract, you get paid once
and the income stops there.

2. If you do a normal 9 to 5 job, you will continue to get paid as long you
continue to work for your employer—often called a linear income. This is
the type of income that the majority of workers “enjoy.” Even if you are a
neurosurgeon, lawyer or engineer, you are only paid as long as you
continue working. You stop working and the bank account dwindles.

3. The third type of income is the recurring income where you are paid
even after you have stopped working. For example, you wrote a book and as long as your book continues to sell, you will continue to receive royalty, recurring income for a work done once.

The majority of rich and affluent people created wealth through a form of recurring income or passive income.

NOW You Can learn what they know!

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Keywords: passive income;residual income
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