Linear Income versus Residual Income - Linear Income is one-time compensation directly proportional to the hours expended and is paid in the form of a fee, wage, commission or salary. Residual income, also called passive or recurring income, continues to be generated after the initial expenditure of effort has been completed. One of the biggest benefits of residual income is the ability to leverage your time. Rather than work an hour and get paid for an hour's work, you receive a stream of income payments after that sale is made.
I am not saying earning residual income is easy. What I am declaring is, it is worth looking at 5LINX as this young college student did because as she stated "I didn't want to be in a position where I had a degree, but I could not sustain myself." So my message to college students is make a Plan B for yourself. High College Loans to pay off? Make a Plan B. It could turn out to be your Plan A as it did for one of 5LINX youngest Senior Vice Presidents; and yes that position comes with a BMW, annual paid vacation, stock options and more.
Cathy Wilson, Independent Marketing Representative, 5LINX Enterprises Inc.
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