Bizology.Biz — the science of building YOUR thriving business — improving and increasing business results has added new modules and updated information.
Residual Income is a strategy that keeps money flowing into your business or your personal life, consistently, month after month. A true residual income strategy involves making one sale, or one referral and then receiving income from that without the need to make additional sales or referrals to the same customer over and over. The product or service is typically one that the person uses each month and pays for each month. Let’s look at a few strategies for consideration:
It is important to evaluate strategies that are right for you. But adding a multiple streams of income strategy to your business has many benefits.
Some of the benefits of course include — new money flowing into your company. Consistent income flowing into your business. Services and products that you like that benefit you and your family or business while increasing your income.
The power of working with different strategies for your business can be incredible. As you see people liking what you are offering, you build more and more and soon the income generated can provide the resources that you need to pay off loans, credit cards, mortgages and save for retirement. When many do not have retirement plans, incorporating a strategy that will build consistent income is just plain smart!
Access the complete Club Building program including the step by step training with guides, action plans and checklists.
In addition, access the full E-Learning Playbook — complete video course on building your membership learning center.
In addition to the E-Learning Playbook, you will have a complete Guide and Workbook.
Building a Club or Membership can help you to create the recurring revenue that you need.