Residual Income Business: A New Paradigm

What does it mean to start your very own residual income business anyway? Why are you even considering such a thing in the first place? Aren’t you worried that your investment and dedicated efforts may not pay off? What if you buy a residual income program (a good one), you follow its instructions to the letter, and you’re no better off than you were prior to the program? Failure is a possibility in any endeavor. 

Forgive me, if my introduction sounds a bit like doom & gloom, but I’m simply pointing out a reality that shouldn’t go unmentioned. Fortunately, it’s not a question of whether or not you “fail”, but a question of your ability to learn from failures and apply what you’ve learned to making course corrections as you grow your business. To answer the opening question above: Starting your very own residual income business means you’ve become the advocate of a new paradigm. 

Becoming a successful internet entrepreneur begins with a new way of thinking. Your thought process is going to be vital to the survival of your fledgling business. Prior to becoming an internet entrepreneur, I would have never committed money and time to building an internet business, because I felt very secure with my 40-hour-per-week job. I was working for a small, but successful, software company earning a comfortable salary with benefits, vacation days, etc. My paradigm was such that I was willing to go above and beyond the call of duty in the hope that my effort would be recognized and rewarded by upper management in the form of merit increases and yearly bonuses.

To my disappointment, my “security blanket” was snatched away during a mass lay-off, which left me unemployed for 1 full year! I spent the better part of that year trying to get back to work with no success. Ultimately, I turned my back to my fear, and saw a new opportunity that my willful blindness hid from me all this time. What happened? To quote Napoleon Hill: “The turning point in the lives of those who succeed usually comes at the moment of some crisis, through which they are introduced to their ‘other selves’”.

I hear often that if you want something done right, you’ve got to do it yourself. Make no mistake about building a residual income business. It’s hard work. By now, you may have read about residual income programs that require little or no effort. While it’s true that some programs teach methods that are easier to put into practice than others, I assure you that your earning potential in this business is directly proportional to the time and effort you commit to building it. The little-or-no-effort part kicks in only after the business is up and running. If there’s a “magic’ to the residual income business, it’s certainly not money for nothing.

Surely, you should expect the building of a residual income business to cost you time, energy, and the budget you’ve set forth for its growth. Considering your income potential is unlimited, your business is well worth the effort you put into it. In light of the cost you’ve already paid in time, effort, and fuel over the years to make money for your current employer, starting your own residual income business makes perfect sense. Moreover, as an employee, limits are imposed on you no matter how hard you work for your employer. Whether or not an internet marketing business is right for you depends on how hard you’re willing to work for yourself.

Imagine that you’ve been employed by your company or by various companies over the last 7-10 years of your life. By now, your resume is replete with various skills that you’ve acquired throughout your career, and you currently spend 8-10 hours a day at work each day. Friday is your favorite work day for obvious reasons; unless you’re on call during the weekend. While you’re not necessarily miserable with your job, you don’t leave home on Monday morning excited about getting to work either. You’re, of course, happy to be gainfully employed, as it allows you to maintain your current living standard.

 
Have you ever explored your potential to accomplish more? Imagine how you’d spend your time if you didn’t have to sell it to your employer. Unlike even a traditional small business, a profitable internet marketing business doesn’t require your physical presence. The hard work’s been done, and now your time is yours to spend as you please. You no longer sacrifice your time for money. Imagine that kind of freedom and peace of mind!

If you're considering starting your own home-based internet business, visit http://www.mycashbuildingsite.com. The purpose of this site is to offer you a perspective of the internet business building process. There you'll also find a list of highly recommended programs to get you started with your new business. Starting a business of any kind requires a mindset that prepares you to deal with the high demands of creating a source of passive income.

Fedner Morissaint

F&M Group International LLC

mycashbuildingsite@gmail.com