Your Questions About Residual Income
Donna asks…
How to create residual income?
Home based business, residual income. Finding a company that will pay you for years to come
Yigly Admin answers:
Steve,
I may be able to assist you in finding a Home Based Business that offer true residual income. Please feel free to contact me or visit one of my sites. I would love to see if we have a match.
Michael asks…
What are the easiest methods of building a residual income?
I’ve written a book and love the idea of getting a little income every time that it gets sold. Can anyone name me 10 other ways of doing something once and then getting paid for it over and over again?
You are a gent Theo. Do you think I could make anything by writing a poem?
Yigly Admin answers:
No doubt about it, Internet Marketing. Build it up and create a great permanent residual income.
Try this: http://www.good4gain.com/rockettheprofit.htm
You could also emulate Patrick Hernandez, author/songwriter of “Born To Be Alive”, who is still living handsomely from his royalties some 25 years later.
Write a great piece of software, that will also do the trick.
Seven to go, I’ll keep an eye on this question for other answers.
Hope this helps, good luck in your search.
Donald asks…
How do you calculate Residual Income in this problem?
Washington Company and it’s two divisions:
Adams Division:
Net (After-Tax) Income: $605,000
Operating Assets: $4,000,000
Jefferson Division:
Net (After-Tax) Income: $315,000
Operating Assets: $3,250,000
Washington’s actual cost of capital was 12 percent. In addition, Washington Company’s top management has set a minimum acceptable rate of return equal to 8 percent.
This is in my homework but not in the book. Please help.
There’s supposed to be two answers, one for each division.
Yigly Admin answers:
K
Mary asks…
What is the best residual income? ?
Understanding the residual income as the one that is made while being asleep, if you are currently making or enjoying such income, I would greatly appreciate your good suggestions or directions on what kind of business I should look out for in order to secure and ripe an ideal residual income for the rest of my life.
Many thanks in advance.
Yigly Admin answers:
There are many ways to make a residual income. One example would be vending machines. They make owners residual income because the owners are not there to take the money all the time. But some work was involved by the owner to find the best, most profitable, location of that vending machine.
I’m not sure what you would consider the best residual income, but the best for me is affiliate marketing. Again, there is upfront work involved and work to keep things going, just like the vending machine owner that has to fill his machines, but it has provided me income when I’m not working on it.
The key is to get a program that will not leaving you to figure everything out on your own. I have had programs like that in the past and have given up because I didn’t know what I was doing. Find a good program that will guide you through your online marketing learning curve.
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