Sunday, September 27, 2009

How Long Will it Take to Make a Living with Residual Income?

Ah, the question that I get asked by many people when I tell them that I am working on building myself residual income. The answer is not one that is simple or should be taken lightly. As you travel through the Internet, you will be bombarded by people telling you that if you invest in their Ebook or training class that you can be earning a living from residual income in as little as 6 months. I wish it were that easy. Well to be truthful, there may be someone out there in the world who managed to make a living with residual income. Weirder things have happened and I learned along time ago never to say never.


Empty Promises


Many of the people who talk about residual income offer up many empty promises to people who are just starting to look into the industry. They will show screenshots of their pay pal accounts to prove the type of money that they make in residual income to back up their promises. First let me tell you, screen shots can be faked. Think about how easy it is for a picture to get air brushed in a magazine. It is just as easy to fake residual income numbers. The other thing that these marketers do not tell you is how much money they are spending each month to promote their campaigns. This is all information that is often hidden by smoke and mirrors when people are talking about residual income.


The other thing that most people in the residual income field often omit is how long it really took them to work up to the money that they are earning each month. A person may be earning 2k a month but how many years have they been at their campaigns? The truth is that it can take years to build up to earning a good living with residual income.


Do You Have the Time


As you look into residual income, it is easy to start to wonder if you have the time to wait to make a living from your residual income ventures. My question to you is how could you not have the time? Yes, you need to make some money today to pay the bills. For that you can depend on your full time job or even freelance writing clients. However, if you truly want to succeed at becoming the person and living the life that you want, how can you not invest the time now to build your residual income? My thought is that no matter how long it takes me to build up to the levels of residual income that I want, the time that I invest in it will be well worth it.


You can look at building residual income as if you were going to school to get a degree to get a higher paying job. The end result of all of the time and effort you need to put into getting your degree is worth it. The investment of time and work with regards to building to making a living with residual income is well worth it too. If you want to get ahead in life then you are going to need to do the work to get there.

1 comments:

  1. Hi, Thanks for commenting on my blog. Earnings are obvious low for me too. I found your screen shots comment about them being fake interesting. I do screen shots for my ehow earnings blog but those are real lol....just look at the amount I earn. I was wondering about that when I first started reading ehow blogs.

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