Sources Of Residual Income

Sources Of Residual Income

Savers earn interest. > Residual Income

Song writers earn royalties on their songs. > Residual Income

Authors earn royalties from their books and tapes. > Residual Income

For example, a song writer will get royalties for his song every time it is played on the radio, even years afterwards. The royalty for songs and literature lasts throughout the author's lifetime, plus 50 years, paying a small amount for each airplay, which can add up to a lot of money over the years. A big hit brings in a huge amount, which gradually fades down to a tiny trickle over the years, depending on the popularity of the artist.

Insurance agents get residual business. > Residual Income

Securities agents get residual sales. > Residual Income

Network marketers get residual commissions. > Residual Income

Actors get a piece of the action. > Residual Income

Entrepreneurs get business profits. > Residual Income

Franchisors get franchising fees. > Residual Income

Investors get dividends, interest and appreciation. > Residual Income

Visual artists get royalties from their creations. > Residual Income

Software creators get royalties. > Residual Income

Game designers get royalties. > Residual Income

Inventors get royalties. > Residual Income

Partners can get profits. > Residual Income

Mailing list owners get rental fees. > Residual Income

Real estate owners can get cash flow profits. > Residual Income

Another possibility is investing in property. Buy a house, rent it out and get paid monthly residual income. However, real estate requires a lot of up-front investment. And no guarantee the housing boom is going to continue long enough for you to even get your initial investment back.

Retired persons can get pensions. > Residual Income

Celebrity endorsers get gross percentage profits. > Residual Income

Marketing consultants get % of profit or gross revenue. > Residual Income