Learn How to Create Residual Income Online

3) P&R Income


Read Time 3-4 Minutespassive & residual income

The Power of Passive and Residual Income – How You Can Acquire It!

Residual income we will define as repeat income, which comes to you over and over again through the same source or means.

Passive income we will define as income that comes to you regularly with no effort on your part.

Some people use these terms interchangeably. However, true financial freedom is best acquired by having both passive AND residual income.

An example of residual income is a business that retails consumable products (products that are consumed and will need to replaced.)  You provide excellent products and service to your target market and they buy from you every month.  This is residual income, because it is income that comes to you time and time again from the same source (the same people.)  However, this is not passive income because you have to keep your business running in order to receive this income.  You are still working to earn your income.

An example of passive income would be an author.  He writes a book once, and then makes money every time the book is sold.  This is now income that does not require any more effort from the author; it is “passive income.”  However, this income is not residual because the same person is not going to buy the same book every month, therefore the author is not collecting income from the same source.

What you need to acquire residual income…

You need to have products that will be ordered every month by the same people for the rest of their lives.  In order for this to occur the products must…

1)    Be consumable: Consumers need to use and replace your products every month.
2)    Be unique: If the consumer can get your products, or the like, from other companies, you will have a lot of competition and it will be difficult to keep the same consumers ordering every month.
3)    Be effective: When your products produce tangible results consumers will keep ordering consistently, because your products deliver the benefits they need & want.
4)    Be necessary: Your products need to recognized by consumers as necessity not indulgence.  This will cause consumers to prioritize ordering your products above other items when their budgets are low.  Being necessary will also cause consumers to order even in a poor economy.
5)    Be multiple: It helps to have more than one product to appeal to many needs consumers have.

What you need to acquire passive income…

*You need to have other people and systems doing the work, so that you do not have to!

Passive & Residual Income – It Is The Best Kind!

How Life Force Products Produce RESIDUAL Income…

Life Force Products Are…

1)    Consumable: The products are consumed and need to be replaced every month.
2)    Unique: There are no products of their caliber on the market, lesser quality products are available, but most are at a higher price point.
3)    Effective: They produce tangible life changing results in peoples lives including health, energy, vitality, calmness & contentment, cheerfulness, stamina, mental clarity & focus, longevity, strength and endurance, and emotional well being, as well as many other benefits that have be reported.
4)    Necessary: Not much in life is more important than how you feel.  How can you enjoy any other part of your life if you do not feel good, are in pain, or have no energy?  You can replace most material things, but you cannot replace your body if you do not take care of it.  Your health and the health of your loved ones is a necessity that has to be prioritized.  People will sacrifice in other financial areas to keep themselves and their loved ones healthy.  Health is a necessity in any economy.  Not to mention if people do not choose spend money on their health, they will be forced to spend money on their sickness (the doctor visits, medications, operations, etc.)  An ounce of prevention truly is worth a pound of cure.
5)   Multiple: The products are whole foods, not chemically engineered synthetics.  They are not medicine, simply food grown on soil that has all of the nutrients our bodies need. You could not get all the nutrition you need from eating just one kind of food.  That is why there are different products, which means “whole health” and “more money.”

* We have a final product that is truly unique and in high demand.  It is our online business model, which has the power to give people financial freedom and security.

How Our Online Business Model Produces PASSIVE Income…

The Life Force International company handles every manor of business except marketing.  Marketing is what they pay us, and potentially you for.  The company handles employees, manufacturing the product, inventory, all orders, payment processing, paying you and your team, all business management, etc.  I will not list all of the expenses the company covers and all of the tasks that they perform because it is a very extensive list, and quite honestly I do not know everything they do.  It is bliss; you do not have to know because THEY do it, you do not have to concern yourself with it all. The only thing you have to do is market the business opportunity and the products online.  So how is it passive income, if you are performing the task of marketing online, you are working for the income?  It does not start out passive, but becomes passive through leverage!

1)    You have your online marketing working 24 hours per day, 7 days per week, which is leverage; it is working while you are not.
2)    You train business partners to market the business and products online as well.  Which is leverage, they are working when your are not.  Their online marketing is also working, when they are not.
3)    The company pays your business partners to market, and you to train them. Once you have a business partner trained to the point that they no longer need mentoring, the income from that organization of your business is now passive. You make income from it, but you do not need to work for it anymore.
4)    You repeat the process with other business partners until your income is where you want it.  Then you have completely passive income.  You never have to work again, and you will continue to receive your income every single month.
5)    The best part is your business partners can attain their own completely passive income by duplicating the same process.
6)    This can, and should be duplicated endlessly.  Everyone having a business affiliation with Life Force can attain completely passive income. There is no limit; the company loves it when we do this because the more money we make, means the more money they are making.  Remember, we make our money because of our online marketing networks that bring Life Force business.
7)    How long does it take before your income is completely passive?  That depends on how much money you want on a monthly basis, and how much time you are willing to invest to attain it.  On average people achieve this in 2 to 5 years. Then they can walk away forever, however, most do not.  Helping people attain financial freedom and security through passive and residual income is so rewarding.  Seeing their lives improve drastically by having comprehensive health and vitality becomes addictive. When you do what you love, it does not feel like work.

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