Understanding residual income

When you sale a product, or service, that has recurring monthly fees, this is known as residual income (also called passive, or recurring income) and is the best income to make, because it continues to be generated after the initial effort has been expended. USANA allow you to get residual income.

Compare this to what most people focus on earning: linear income, which is "one-shot" compensation or payment in the form of a fee, wage, commission or salary. This concept means that you only get pay for the hours that you work. Linear income is directly proportional to the number of hours invested in it (40 hrs. of pay for 40 hrs. of work)once that worked is paid for, no more income is expected, unless you work another 40 hours.

One of the great advantages of residual income is that once things are set in motion, you continue making money from your initial efforts, while gaining time to devote to other things... such as generating more streams of residual income.

If you are like I was, you work everyday for a company for a hourly wage. Your paycheck is dependent upon the exchange of your time for money. If you don't work on a given day, you don't get paid for that day, unless you have vacation or pay time off (PTO). If your job is to make stuff on an assembly line, you must make those stuff to get paid. If your job is to teach, then you must teach and so on...

What if you were the one who patented the stuff?

Then you would receive income over and over again any time someone made or bought one of your stuff. You don't have to make the stuff anymore, but you get paid every time someone buys a stuff. This is residual income. It is income that you make over and over again from work that was performed one time. Song writers know this concept well. The wealthy know this concept well, ans so should you!!!

"Leverage is the most powerful word
in the endeavor of creating wealth"
-Edward Hoagland

Leveraged Income

A related concept to residual income is leveraged income. Leveraged income is similar in that it can be residual. More importantly, leveraged income is money that you make from other people's efforts. This forster an athmosphere of leadership and team work not seen on any other industry in the world.

To use the same stuff example, if you make stuff on an assembly line for your job, you have to do that to get paid. But if you were the one who patented the stuff or the technology to make the stuff, you would continually receive income every time someone made or bought one of your widgets.

Imagine that in addition to you working on the assembly line, you could train others to do the same work and make a percentage of each person's income that you trained? Read about a company that can make this possible for you!

For example, you work the assembly line and earn $1,000 each month. What if you could earn 10% of the income for each person you trained to do the same assembly-line work? You would do the work (training) one time and be paid over and over again (residual income that is leveraged via other people's work).

Suppose you trained ten new people each month, for three months. Your monthly income would begin to look like this:

1st month: You make $1,000 and each of the ten people you train earn $1,000. In addition, you earn 10% of their monthly income (10% of $1,000 = $100 x 10 people = $1,000 + your $1,000 = $2,000 total).

2nd month: You still make your $1,000, but now you have 20 people who each make $1,000. Your income is thus: 10% of $1000 = $100 x 20 people = $2000 + your $1,000 = $3,000 total).

3rd month: You still make your $1,000, but now you have 30 people who each make $1,000. Your income is thus: 10% of $1,000 = $100 x 30 people = $3,000 + your $1,000 = $4,000 total).

This is the beauty of leveraged and residual income. By your one act of training someone to do the work, you will get paid over and over again from their efforts, and again if they train someone else to do the work. This is what USANA can bring to you.

Watch this online presentation and learn about USANA. If you are interested in learning more about residual income and leverage time income, please contact us.

If you are not interested in making additional money but would like to try our products, please click here. USANA products are the best in the industry, and you will be glad you purchase them. Visit our website www.karolynas.com or www.karolynas.usana.com