Passive Income, residuals, royalties three ways to get paid multiple times for a one-time effort. You write a song in 1970 it gets covered by many artists. Each artist sells many albums or radio stations play your tune and Presto! you get a royalty check in the mail, even decades after you first published the song. Here's another example:
The Best-selling author, Robert Ludlum was an extremely 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 written in the mid-seventies, roughly thirty years ago.
Both books became recent smash hits starring Matt Damon. Mr Ludlum gets royalties from the box office,VHS and DVD and (I am assuming) merchandise sales from these films. Not only that, the movies have stirred up an interest in all of his books. They have been re-printed and released again to the book-buying public. All of this from two books he wrote 3 decades ago! Can you say Ka-ching!
That is the power of residual income. I intend to write a bestseller one day. It has always been a dream of mine. My Father was a writer and I come from a family of devoted readers. I have a passion for books and that is what impels me to write. The idea of royalties is just icing on the cake. But such enticing icing!
Building a passive income is also one of the main reasons people get involved in Network marketing. You can build a Network that continues to grow even after you have retired from the business. Take a month off -check's in the mail. Take a year off to backpack through India - there's a check coming in every month you are away. Try 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 good.
There has been a lot of talk lately that MLMers are only interested in feathering their own nests. That their primary interest is sponsoring new distributors and not promoting products. To make a decent income you have to build your down-line. To create a passive stream of income you have to build a network.
I don't know how wide spread this is but I do know that Tahitian Noni International is approaching $4 Billion in product sales ( if my stats are current ) and there is a bottle of Tahitian Noni Juice sold every 1.2 seconds somewhere in the world. I also know that there are many TNI distributors building massive down-lines. TNI is expanding into brand new markets every year and that allows you to take part in many ground-floor opportunities. The Juice is on the move.
So, it seems 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 but if you are looking for a chance to build a residual and income and wish to represent a briskly selling product then I suggest you look into the Tahitian Noni International opportunity. Click on the link below and explore the Home page. Your dreams may be closer than you think.
- David Parton
Helping others and myself improve their income and boost their health and energy levels with Tahitian Noni Juice.
http://the_noni_blog.typepad.com/noni/
![]() Google News Updated : Wed, 23 Jul 2008 18:51:38 GMT Many conomists see McCain better for stocks: poll - Reuters
Reuters - By Emily Kaiser WASHINGTON (Reuters) - The US stock market would fare better in the first year after a victory by Republican presidential candidate John McCain than by his Democratic rival Barack Obama, according to a majority of economists at US banks ... Video: Obama Campaign: McCain Flubs on Iraq Timeline McCain: 'Obama would rather lose a war in order to win a political ... Publ.Date : Wed, 23 Jul 2008 15:37:23 GMT Report: Christian Bale Confronted Mother After She Insulted Wife - FOXNews
FOXNews - AP July 21: British actor Christian Bale arrives for the European Premiere of 'The Dark Knight', in central London. July 21: British actor Christian Bale arrives for the European Premiere of 'The Dark Knight', in central London. Christian Bale's alleged blow-up came after mom bad-mouthed his wife Kin claim they were roughed up by Batman Publ.Date : Wed, 23 Jul 2008 14:42:07 GMT Grocers stop selling jalapeno peppers after salmonella discovery - Los Angeles Times
Los Angeles Times - By Jerry Hirsch, Los Angeles Times Staff Writer Southern California grocery stores reversed themselves Tuesday and started pulling jalapeno peppers from their shelves. Salmonella Outbreak Exposes Food-Safety Flaws Found: Smoking Jalapeno Publ.Date : Wed, 23 Jul 2008 07:00:46 GMT ESPN begins Sprint Cup telecasts with momentum - SportingNews.com
SportingNews.com - By Michael Smith With ratings up for its Nationwide Series broadcasts and NASCAR shoulder programming, ABC/ESPN enters the Sprint Cup portion of its schedule feeling considerable momentum. Menard ready for return to famed Indianapolis Indianapolis Motor Speedway is Jeff Gordon's personal playground ... Publ.Date : Wed, 23 Jul 2008 17:59:22 GMT San Francisco Network Admin Gives Password To Mayor - CRN
CRN - Disgruntled San Francisco system administrator Terry Childs has finally relented and turned over the password to the FiberWAN network he has been holding hostage. IT Career Advice: Passwords Make Bad Hostages SF Admin Gives Up Keys To Hijacked City Network Publ.Date : Wed, 23 Jul 2008 17:16:36 GMT Estelle Getty was a true 'Golden Girl' - Los Angeles Times
Los Angeles Times - Estelle Getty, who died Tuesday three days before her 85th brithday, may have won her only Emmy Award in the supporting race but she was really one of the leading lights of "The Golden Girls. Video: Estelle Getty of 'Golden Girls' Dies at 84 The Golden Girls: Estelle Getty Dies at 84 Publ.Date : Wed, 23 Jul 2008 17:47:51 GMT Viagra helpful to women on antidepressants, study finds - Los Angeles Times Los Angeles Times - In a small study, 72% of those on SSRIs -- which can have debilitating sexual side effects -- reported improvement when taking the male impotence drug. Viagra offers help to some women Viagra May Boost Female Libido in Some Cases Publ.Date : Wed, 23 Jul 2008 07:39:02 GMT Clickbank Content |
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