Page 30 - Female Photo Fashion Magazine Cover-10.pdf

In my opinion though, the best sources of residual income are those which allow you to sell exactly the same product, to the same client several times over. I think that this refers mostly to memberships of any kind plus other areas of the business world that I will explain bellow.
Notice that many times you don’t need to sell the products yourself. You can be an affiliate for companies that sell these products and make a lot of money this way. For example, some hosting companies and dating sites offer the affiliates the opportunity to earn residual profits. They pay you a set amount of the membership profits for as long as the client stays subscribed.
This is amazing. You don’t have to take care of the customers. You don’t have to deal with refunds. You just advertise the products. Whenever a client purchases the membership, you get paid a portion of the profits for as long as those clients remain customers. This could last for just a few weeks or several months and even years.
Another way is using multi-level marketing programs. Multi-level marketing companies let you sell their products and train other people to sell the products as well. They will pay you a portion of the profits that your trainees (your sales people) generate. Not only that but they will also pay you for the profits that others below your sales people generate.
This multiplies your income exponentially and lets you receive residual income because you make money not only from your efforts but from the efforts of other people as well. You may be receiving profits from the efforts of people that you don’t even know.
This is not a pyramid scheme. Many people confuse this system with an illegal pyramid scheme. That’s because this is exactly the opposite of what a pyramid is. A pyramid/Ponzi scam requires you to make an investment to join the company and the only way for you to make money is to advertise the scam and convince more people to pay money to join the company as well. This makes no sense and it is mathematically inconsistent.
The idea behind multi-level marketing is the opposite. You join the company for free. You can sell the products and get paid for it like with affiliate marketing. You can train other people to sell the products too who can also join the company for free. You get paid whenever they sell something. If they train other people, you also get paid when one of those people sell something. This keeps going for several levels.
It is a win - win situation for everyone. Those who buy the products from the company receive a real product. It could be anything, from a book to a computer, to a CD player; anything that the company happens to be selling. So, the consumers are happy, the sales people are happy and the company selling the products is also happy.