We have to ask for a simple explanation
about what constitutes
In Habits For Wellbeing,
it is said
there are three types of income.
generated by working and sometimes
referred to as linear income.
where you do the work
get paid repeatedly.
where you receive income from assets
you have created or purchased.
can be a great example of both
passive and leveraged
You create or purchase a product which
you sell over and over again
to result in passive income
because the work was done once but
each of your sales
results in further income.
the product has resale rights
or is part of an affiliate arrangement
it may work like this:
you sell the product and get paid a commission
and when that purchaser sells the product
he gets paid a commission
and you also get paid a commission.
Every time the product changes hands
the commission also changes hands
both the seller,
the referee and the referee's referee, etc.
This is so powerful
when it comes to wealth building.
Do the work once but get paid over and over
and leveraged by the descending levels.
in the possibility of
unlimited leveraged income.
the understanding and magnitude
will help affiliates
maintain their motivation and focus
through the difficult times.
This is part of the day 11 training
in Virtual wealth System
Leveraged Income -
Earn From the Efforts of Others.
It is worth listening to Alonzo Brown
he passes on his excitement about
leveraged income potential.