Reasons to start a home based business

What is Regular Income?

Employees, independent contractors, and self-employed business owners make up the regular income bracket. Regular income earners are only paid for the specific time expended, or paid directly proportional to the number of hours invested in their job. Regular income earners must be physically present or “clocked in” to get their paycheck. Now here’s the biggie! Regular income earners cannot leverage their time and efforts. Leveraging is what creates the wealthy/rich social class, and the absence of leveraging is what creates the middle to impoverished social classes.

What Is Residual Income?

Also known as passive income, residual income is money you receive monthly without having to work yourself to the bone to earn it. Wikipedia defines one type of passive income as "earnings from a business that does not require direct involvement from the owner or merchant." Another type of passive income is a rental property. The big difference between the two is that with rental property, you have to pay property taxes, deal with tenants and make expensive property repairs at a moment's notice. By contrast, a network marketing business allows you to deduct business expenses from your taxes, and you don't have to foot the bill for property repairs.

Buy Your Dream Car
Enjoy Valuable Tax Savings
Save for a Rainy Day
Add to Your Retirement Savings
Buy Your Dream House