The True Meaning of Residual Income
Understanding the Value of Your Business during a Down Economy
By Art Jonak
Orjan Saele, Ken Dunn and Art Jonak relax in an infinity pool at a luxury boutique hotel.
Art Jonak and Ken Dunn filming a TV show on the movie set of a Thai wedding.
SAMET ISLAND, THAILAND
Do you realize the value of your network marketing business goes up when interest rates go down? Even if you are only making a few hundred dollars a month in residual income, think of how much money you would need to have in the bank to earn the same amount in interest.
Are you disappointed because you only make, say, $200 a month in residual income? Think again! In order to earn $200 per month, you would need $24,000 in the bank if the interest rates were at 10 percent.
When interest rates drop to 5 percent, you need $48,000 to receive the same $200 per month. Yes, what some would consider a measly $200 network marketing check could be considered a $48,000 asset! Sure makes you think twice about being disappointed with a $200 monthly residual check.
Here’s how to use this to your advantage. Ask your prospect this question:
“How much money do you need monthly to retire comfortably?...
NT web reader is subscriber-only. Sign in or subscribe to Networking Times
for as low as $33.77 a year!Subscribe