The Residual Income Formula - for Virtually Any Business
Monday, January 16, 2012
When starting a business, smart entrepreneurs think about how they can generate the most amount of income with the least amount of work and cost. A simple way to achieve this is to sell more products or services to a smaller amount of customers. This way, you can cut down on the time, money and effort it takes to locate customers. For example, instead of finding 100 customers to buy a $50 product, wouldn't it be easier to find 50 customers and sell them a $100 product?
Of course, you may be thinking, "Won't it be more difficult to sell a $100 item than one that sells for half that price?"
That's where the residual income model comes in. Read more: The Residual Income Formula
Labels: increase income, referrals, repeat customers, residual income, residual income business, residual income formula, residual income model



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