3 types of Income, and which is best?
In order to achieve great success working from home, you must first understand the difference between Linear Income, Leveraged Income & Passive Residual Income. Let’s take a look:
3 Types of Income explained:
Income Type #1 or Linear Income, is income generated by working at a job. When you work, you get paid. When you do not work, you do not get paid. This is how most people live their lives and why those who only work for Linear Income, can never stop working.
Income Type #2 or Leveraged Income, is a little better than Linear Income, but still not that great, because your income is based on the efforts of those who earn linear income. This is where you can get paid from the work of others, like being a small business owner or a manager, however, leveraged income does not offer real security, because linear income employees, can quit, find a higher paying job or start their own competing business.
Income Type #3 or Passive Residual Income is the income that allows ordinary people to achieve extraordinary success in a Home Based Business, because every distributor has the same exact opportunity to gain. This means that anyone, regardless of where they live, how old they are, or what their experience is, can earn as much or as little as they like, based on their own commitment and effort.
Passive Residual Income is income that pays on the efforts of others, but comes from the repeat purchases of a consumable product, like XanGo™, which people order month after month out, for years, oftentimes, even decades.
This is income that you work for once and get paid forever!
If you are interested in building a residual income please fill out the form on the top right and let’s talk
Imagine doing what you want, with whom you want, for as long as you want. Wouldn’t this be the best type of income?