How to Find True Residual Income Opportunity.

April 19, 2011

Written By Lonnie Niver

Residual Income is a goal in which we are looking to accomplish. But is there a true residual income opportunity out there for everyone?

In my opinion of true residual income would be that of an opportunity that is fun, easy and it produces residual income without any effort. For me the opportunity would have to be something that every individual is using or has the strong desire of having and the market has to be huge.

For Example: Let's say I was shopping for an opportunity and I had a choice between a heath Juice product and a Telecom service such as cell phones. Which one should I choose for residual income?

Some would say the Health Juice industry because there are people who are looking for remedies for their health. But does it produce true residual income? Some health juice opportunities require a small signup fee with a large monthly purchase of juice. To me I see large over stocked inventory if the product doesn't get sold or used. If the oppportunity requires ADP or Automatic Delievery Program that means every month the Rep has to purchase the juice. To me this just becomes another bill I would have to budget for. Now unless you are making lots of money who can add another monthly bill to hteir budget of, let's say $125 a month. Sounds crazy to me. Where is the residual income?

Now let's look at the residual income of the Telecommunication industry. Some would say that it is not a need but a want. In reality people would see a cell phone as a need especially for the younger generation. Some Telecom. opportunities recquire I higher signup fee and that can be a little intimidating to some but the reward is higher and more stable. The cell phone service is a service that is already in someones budget. As long as a customer pays their bill every month I would get paid. To me this would be considered true residual income.

The difference between the 2 opportunities I mentioned above is this; The Telecommunication industry is a trillion dollar industry and is growing rapidly. There is always some new technology coming out better than the last. Unlike the health juice product, there are no inventory for cell phone services. The cell phone service also has a huge target market because just about everyone has one, young and old. In my opinion, cell phone services would be a better choice of creating true residual income. People are going to pay their bills on a cell phone services they use every day. As long as they pay their bills every month, in which they will, I will be getting a check every month.

Best Regards,

Lonnie Niver