12 Reasons to Start Your Work at Home Business - Now!

Work at Home articles, opportunities and ideas.

Generating A Residual Income With A Work At Home Business

Top Pick At Home Opps:

That Free Thing

No Sponsoring Business

Mystery Shoppers

Business at Home

Typing Jobs from Home

Make Money with Rebates

Take Surveys for Money

Make Money Taking Photos

Freelance Home Writer Home Jobs

Shopping Genie

Would you like to totally eliminate your grocery bill, but still enjoy the same name-brand items you get now PLUS generate a powerful income stream?
FIND OUT MORE!

Name: Email:
Privacy Guaranteed


Home Business Reviews
MPB Today Review

My Shopping Genie Review

Free and Powerful Review

GDI Review

work at home data entry

Get Paid Writing on the Internet

Make Money with Amazon Associate Program

Data Entry Jobs
Rebate Processor Jobs


PAID SURVEYS
Do They Really Pay?


Editor's Features:
data entry job reviews Data Entry Job Reviews

free online dollar store Free Online Dollar Store

work at home jobs Work at Home Jobs

ebay work at home Work at Home eBay

work from home business Work at Home Australia

Paid Online Surveys Guide Paid Online Surveys Guide


Top Ten Ways to
work at home Make Money at Home

The Best, Most Legitimate:
work at home Home Based Businesses
work from home Business Opportunities
work from home Free Affiliate Programs

Post Resumes for free on our Work at Home Jobs page.

(SiteMap)

Expert Guides

-Work at Home Dads

Home |  Directory |  Suggest a Site |  Blog |  Marketing |  Articles |  Forum

Articles Home | Work at Home Articles | Home Business Articles | Money Making Articles | Web Promotion Articles

Generating A Residual Income With A Work At Home Business

Add Article to: Google | Del.icio.us

After being online since 1998, I've seen quite a lot and have learned a lot over the years. I recently decided to put together this short, straight-to-the-point series to share with others what I've determined as the bottom line for me when it comes to generating an income from a work at home business with the hopes that you will be able to glean insights from what I'm doing (and who I'm being :o) and apply it to create your own success.

Here's an outline of each of the lessons in this mini-series.

Lesson 1: Why Residual Income?
Lesson 2: Understanding The Power of Leverage
Lesson 3: ROI - The Only Number That Matters
Lesson 4: Effortless, Stressless Lead Generation - Attracting People To You
Lesson 5: Law of Attraction - The Importance of Cultivating a Rich, Abundant Mindset

I've made it my business to study and model wealthy, successful people because one of my earliest mentors used to always say, "If you want to be successful in anything, study the successful man or woman because success always leaves clues".

As I mentioned above, I have learned a lot yet what I've found to be most valuable for me are the simplest and that's why I titled this series The Bottom Line because when you boil it all down, bottom line is this is a simple system of operating that works and works consistently. You can get burnt-out real quick trying to keep up with all the stuff on the internet. That's what I like simple. Simple concepts that make sense individually and when you put them together are powerful but still simple :o)

So let's jump into today's lesson: Why Residual Income?

Well, the simple, to-the-point answer would be because it's better than linear income. Instead of trading time for dollars you're now in a position to receive money over and over again for something you've done one time when you have a work at home business. This is something that the wealthy do through investments and/or businesses. Ok, lesson over. I'll see ya in the next lesson. Just kidding :o)

Let me pose this question to you...

One of the things to consider is that if you're going to be marketing online anyway, which situation would you prefer?

a) To be paid one time

b) To be paid an upfront amount AND also be paid monthly

Which puts you in the better position financially? I'm just saying... It is your choice, but for me, I go for residual income. This is income you can build upon month after month to eventually retire on and sooner than you might think.

For example, let's say you had your own work at home business and in month 1 you create an income of $300/mo. Month 2 you do the same thing and now your monthly income climbs to $800/mo. Month 3 you're at $1400/mo. You could obviously do more or less than this. However, the point is that your monthly, residual cashflow increases and builds upon what you've done previously so you continue to reap the rewards of your efforts.

You see... in traditional schools we are taught how to be employable, how to get a job or create a job for ourselves. We aren't taught how to be wealthy, how to create passive income, how to build assets that cover our expenses, how to put money to work for us in businesses and investments.

The focus coming from "traditional" ways of thinking among the poor and middle class is on how to get a job. The focus of the wealthy is how to create more and more passive income. We get what we focus on. Shift your focus and you shift your reality. That's why I love the work of Robert Kiyosaki, author of Rich Dad, Poor Dad. He had two examples before him and he chose to model the thinking and behaviours of his rich dad. Now he's rich and he's waking people up around the world and getting them to see things in a different way than they've been taught so they can choose to create something different in their lives.

Another author who's getting people "thinking outside the box" is Loral Langemeier (featured in The Secret at www.ChariseLovesTheSecret.com). In her book called "The Millionaire Maker: How To Act, Think, and Make Money the Way the Wealthy Do" one of the things she talks about is turning lazy assets like equity just sitting in a home into a hard-working asset that produces CASHFLOW. She's shifting peoples' thinking, as is Robert, and getting people to think outside of "the system" that basically keeps people trapped in the rat race always trading time for dollars. So remember this...

CASHFLOW is Queen! And when it comes to generating an ever-increasing, passive stream of income, focus on RESIDUAL income.

Well that wraps up lesson 1. In the next lesson, I'll be talking about another critical piece of the puzzle, LEVERAGE.

Until then... make it a great day,
~Charise



Disclaimer: The information presented and opinions expressed herein are those of the authors and do not necessarily represent the views of Work-at-Home-Business.com and/or its partners.
The Following have been Selected by the Work at Home Business Team:

Make Money without Spending Money
The only way you can actually earn good money without spending money.

Work at Home Moms (or Dads)!
Create a serious income in the fun and exciting home based business industry. Become an independent home-based business owner agent in as little as one week!

Free Online Dollar Store
Dollar Stores are one of the fastest growing businesses in America today. You can own your own Online Dollar Store in less than 5 minutes. It's ABSOLUTELY FREE.

Turnkey Home Based Business
Get paid $1,000 before this day is over with this turnkey, automated business opportunity!

Powerful Opportunity for Work at Home Moms
Find out how thousands of Stay at Home Moms became millionaires on the internet last year! A team of home business professionals partnered together in mutual respect for the purpose of mentoring others and developing home based business leaders.

Successful Home Based Business
Are you sick of your job? Are you sick of being tired and stressed? Find out how you can quit your job and improve your health!

Real Work at Home Jobs
Find thousands of job listings that you can do from home!

Enjoy Life - Create Wealth with a Home Business
More money. Free time. Total control. Start a real home business today! You'll get your own personal home business trainer!

Data Entry Business Opportunities
Experts call this the easiest way to Make Money Online...PERIOD!

A Home Business that You'll Love
$3,000 Per Week? Travel company needs home representatives. No experience necessary, work in your spare time and earn free vacations!

Make Money Shopping and Eating!
Imagine getting paid to fill up your gas tank... to shop for groceries... rent videos... order pizza... shop for clothes... get a spa massage... take your family to a theme park... and even be pampered on a luxury cruise for two... FREE OF CHARGE!

Free Home Business Match Services
More Scam Free Internet Business Opportunities

All rights reserved - Work-at-Home-Business.com | Back to Top

Sponsors: Start a Get Paid on Twitter | Free Home Job Resource | Income Opportunities | Make Money Taking Photos | Home Based Business | Work at Home Australia | Groceries for Free!