The definition of residual income is €Income earned on an ongoing basis for effort done once in the past.€ Sounds good, right? This method of earning money is completely different from what most of us know, which is linear. This is getting paid for the number of hours you work, or the amount of work that you produce.

Network marketing is a good way to earn residually. You can do this by bringing in customers who order your products regularly, or by team members who sell products and sign up new team members. Once you build a large team, you are basically set because you earn a percentage from their efforts.

Most marketers that I know don't stop there. They continue to work the business even though their downline is producing a hefty income for them. They enjoy the business and helping others to succeed, so they keep working and building their team.

The easiest way to accomplish this in network marketing is to sell other people's products or services. Get involved with a turn-key system. It is not necessary to create your own products unless that is something that you are passionate about. Find a company with great products whose leadership shows a lot of integrity. Learn the business from others in the company who have gone before you and are willing to teach you the ropes.

Network marketing allows you to generate monthly income indefinitely by recruiting team members and finding faithful customers who love your product. All that is expected of you is to help your team build their own team and offer excellent customer service to those who purchase your products.

This may sound simple, and in reality it is, but it takes time. Customers and team members do not just come out of the woodwork. It takes a lot of work and effort on your part to make this happen. If you have the tenacity and patience that is required, you could eventually be making a great income in this business.

You must really decide if residual income is important to you. Some people are happy with the status quo. They just want to go to work each morning, put in their hours, and collect their paycheck. There is nothing wrong with that. That has been the American Way for generations.

You can (and should) keep your job while building your network marketing business. You will not make money right away, so it is essential that you have a regular income in the interim. In fact, some people keep their traditional job even after they begin to see success in this business. They enjoy doing both.

The advantage of residual income is that it will give you financial freedom in the long run. It will provide you with ongoing income no matter what. It will act as a buffer if you should lose your job, become disabled, etc. I highly recommend that you give it a try. You would be doing yourself a huge favor.