With a passive income stream, it’s not only about financial freedom. Instead, you have created something that matters. Yes, you will have to step out of your comfort zone in the beginning and take a risk. The most important aspect of obtaining passive income is a positive mindset. If you truly feel you can accomplish your dream, believe me, you can. The committed positive mindset will help you get there and reach the potential you know you’re capable of.
More cheerleader rah rah programmed nonsense. Again, no statistical evidence to prove this is true, no statistical evidence to prove the “education” from MLM has any value whatsoever (spoiler alert it has no value as it is just brainwashing propaganda), and it has been repeatedly found that your effort in MLM does not reflect your level of success as it is a near mathematical certainty that you will fail.
Residual income is calculated as net income less a charge for the cost of capital. The charge is known as the equity charge and is calculated as the value of equity capital multiplied by the cost of equity or the required rate of return on equity. Given the opportunity cost of equity, a company can have positive net income but negative residual income.