The third type of income is the residual or recurring income where you are paid even after you have stopped working. For example, let’s say that you wrote a book. You had to go through the tedious task of researching, writing and getting a publisher. However, after that initial investment, and as long as your book continues to sell, you will continue to receive royalty cheques.
A majority of affluent people created wealth through a residual income stream. Take singer Michael Jackson for example; he still continues to receive royalty from the sales of his records made decades ago. He can even repackage the same oldies and sell them to generate new income. He doesn’t have to spend time in the studio to record new songs in order to have the cash keep flowing in. This is the most ideal situation of the three. We would all like to work once and get paid over and over again. That is the power of residual income.
The majority of professionals that enjoy this type of income belong to the creative fields such as actors, writers, singers and inventors. But you can have a recurring income too. Many online companies will pay you a recurring income for referring others to them. Instead of getting paid once like most affiliate programs, residual programs pay you for as long as your referrals continue to be paying customers.
Here are some places online where you can find residual income programs. These are just a few but you can find many others with just a little research.
1. http://www.lifetimecommissions.com
2. http://www/residualincomefinder.com
3. http://www.income-directory.com
4. http://www.b2byellowpages.com/directory/b2b_finance/residual_income/
5. http://www.affiliateseeking.com/residual-income.html
