Residual Income Passive Income & Network Marketing

[Clayton Walker]

This is Clayton Walker in Fayetteville, Ar. The keywords for this blog are "residual income, passive income, earn residual income". If you are neither interested in the subject of residual income nor wanting to learning how to earn residual income, then you are in the wrong place. Otherwise, please continue. For the rest of you, thank you for your valuable time here today. We will begin with how Wikipedia on 1.20.089 defines RESIDUAL INCOME: "Residual Income (also called Passive Income) is income earned on an ongoing basis for effort done once in the past." While residual income is sometime called passive income they are not exactly the same. Residual income is a form of passive income. Plus, I have found that the effort to create residual income is not always just expended "once in the past". Almost always there is an continuing input of time and energy required to sustain or increase the income. Even an actor or author must continue to market and promote their works after the initial film or book is finished. A wealthy investor in stocks and bonds or real estate must at least occassionly monitor, evaluate and change their positions or holdings as markets change. The following paragraphs with the definition and examples of passive income are copied from Wikipedia on 1.20.08 and they provide some insight on this subject. According to Wikipedia: "There are three types of income: earned, portfolio and passive income. Most types of passive income are derived from Rental Property, while other types of passive income are derived from Royalties or from Pantents or license agreements. An income stream falling into this category is one where money is received usually on a regular basis, without continuing effort. This does not mean no effort at all; most passive income streams require great effort to start with. Passive Activity Income- is defined to include all income generated from rental real estate investments-- regardless of how active the investor is in managing the property or properties.(Real Estate Principles A Value Approach 2nd edition pg.519) Examples of Passive Income Income from rental property Royalties from writing a book. Earnings from Network Marketing Earnings from adsense or internet advertisement on your websites. or offering a service that doesn't require the merchant's intervention. In these cases, PayPal IPN may be used to achieve this. Alternatively, the following are Examples of Portfolio Income Income paid from bank deposits. Dividends from shares holding Profits from stocks or bonds "- copied from Wikipedia 1.20.08 OK, Clayton back here writing again. You should know that I changed the line above in the Examples of Passive Income section which reads " Earnings from Network Marketing" was changed from a font of 14 to 18 and was made bold. It was enhanced to gain your attention because it is the system I have chosen with which to earn residual income and it is the system about which I would like to discuss now. There are literally millions of people like me, and probably you, who want the financial security of a large residual income. If you don't think so, just try asking a few of your friends. The problem is, most of us don't have the resources to acquire the assests required to produce the types of passive residual income described above. On the other side of the financial coin, almost everyone has the financial resources to start and build an income producing asset with a network marketing home business. The problem is, most people will not allocate the time, put in the sweat equity or have access to or know about a recuriting and marketing system that will make it highly probable for them to be successfull and profitable. A couple of other problems are most people are afraid of failure (rejection) and most people have a relatively small sphere of influence (lack of good leads or prospects). Also, the company that an entrepreneur represents may have insurmountable flaws or it may just be owned, operated and managed by a bunch of crooks. (buyer beware of these and don't fall for their b.s.) Now on a more positive note. If there really was a Company that was created and designed, because of its products and compensation plan, to build residual income for its recruiting and marketing members, would you want to know about it? What if that Company had a 22 year proven record of producing on its promises? You would probably want to know, right. Well, I do know of such a Company and have been associated with them and using their products for almost 5 years as of this date 1.20.08. I will let you know more about the Company shortly. First I would like to cover the other problems or concerns mentioned above that keep most people from becoming involved or successfully building income earning assets in network marketing. The time, sweat equity and study you put into or apply to your business is entirely up to you. I have no control over nor can I do much about your initiative. That is up to you. If you lack initiative, I can not help you. Money can not even cure a lack of initiative. I can recommend that you find a business and company that provides products that are appealing, useful and have value to you. In other words... products or services you will use. The company should also be very effecient and effective in the expertise, training and assistance it provides you. As far as the concerns of a small sphere of influence, fear of failure and rejection, ALL of these can be overcome. They can be overcome through a remarkable internet marketing system called Veretekk. It does take a lot of work to set up your Veretekk Marketing system, not much money but a lot of work. However, once you set up your system your sphere of influence will grow rapidly and you will learn and become expert at search engine optimization/search engine marketing and relationship marketing. Your system will generate and develop your own personal exclusive leads, with whom you can actually call and talk about your business. You will have no fear of rejection or failure because you will have many more people to call or email than you have time to do so and they will be eager and waiting to hear from you. Many times they will call YOU first and say "Hey, what are you doing?" How would you like THAT? OK, we are coming to a close now. I know you are interested in earning residual income because you are (still) here on this page about RESIDUAL INCOME. Now, for those of you who: 1) Want to create your own residual income via the Network Marketing System. 2) Want to represent a proven, stable Company with useful, valuable products whose compensation plan is designed to create residual income for its members; 3) Want a Marketing System with which you can effectively generate lots of premium leads to whom you can promote your products and recruit members... PLEASE email me and I will call you. You may of course call me at 479.587.9499 central time zone, evenings and weekends please. Thank you for your time and I am looking forward to meeting and working with you soon. Clayton Walker 1854 N. Pointer Lane Fayetteville, AR 72701 [e-mail] www.womenswealthandwellness.com/residualincome claytonwalker.veretekk.com www.flywheel.ws