What are the best ways to ensure you are building your RESIDUAL income potential?

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5972 votes
Michael Burgess, Aff (United Kingdom) Top Author Forum Guru 6/23/2015 4:54 pm
Affiliate since: 01/13/2006, Power Rank: 99999999 | Read Michael's 101 other Ask SC answers
Hi Don and all SFI affiliates.

My recommendation is to concentrate on sponsoring new affiliates consistently and helping them to understand and become active with SFI.

You cannot sponsor PSAs and then stop sponsoring. Some are going to leave and some are going to stay. Keeping the number of active PSAs up is very important to building your residual income. If you stop building your team you will not realise the true potential of SFI.

When you find you have a strong
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5960 votes
Kay Byers, Aff (Michigan, US) Top Author Forum Guru 7/1/2015 1:42 am
Affiliate since: 10/26/2010, Power Rank: 241 | Read Kay's 289 other Ask SC answers
Our potential residual income is a result of the work that we put into our businesses, training our enlarging teams to keep enlarging and training their teams. But a large group of many generations in length and many persons wide will not insure us of a residual income unless the training covers essential matters and are not only learned, but practiced.

While all the other points are important, the most important point to remember is that no money is made without sales and purchases. Money
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5952 votes
, () Top Author Forum Guru 6/30/2015 10:23 am
Affiliate since: 12/31/1969, Power Rank: 99999999
Residual Income is addressed in several parts of the SFI training modules: in SFI Basics, in the Compensation Plan, in Solutions, and in Frequently Asked Questions (FAQ), including explanations of the executive pool, just to point to few of the places where to find relevant, official information.

We have the official definition in the Glossary: "...Residual Income is income that keeps coming in, around the clock, month after month, year after year. It's like a royalty where you
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5942 votes
Manohar Lal, Aff (India) Top Author Forum Guru 6/23/2015 5:48 pm
Affiliate since: 12/18/2011, Power Rank: 99999999 | Read Manohar's 240 other Ask SC answers
Hi Don

We are all here in SFI for building our residual income, but let us know first what does residual income in Internet business means.

1. Its a Net income that an investment can earn over the minimum rate of return (time-deposit interest rate). It also means Royalty income that accrues to the owner of an intellectual property such as art, books, lyrics, music, patent , etc.

2. Now the question is how to build it up. The best way in SFI to build it to reach a
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5934 votes
, () Top Author Forum Guru 6/23/2015 2:09 pm
Affiliate since: 12/31/1969, Power Rank: 99999999
The way I see it, your residual income is primarily in the form of repeat customers, whether in the form of your affiliates or in general PRMs, your personally-referred members to TripleClicks.. Standing orders ensure residual income as long as these people maintain them, but rather than relying on any specific person, it only makes sense to continue recruiting and bring traffic to Tripleclicks.

One efficient way of increasing your residual income is to maintain Executive Affiliate, or
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5934 votes
Michael Dlamini, Aff (South Africa) Top Author Forum Guru 7/1/2015 3:17 pm
Affiliate since: 02/08/2020, Power Rank: 99999999 | Read Michael's 202 other Ask SC answers
Hi don!

SFI is about building your Residual income. If you follow SFI system you are ensured that your Residual income is built.

Just log in to SFI everyday. That is your office where you are working. Do your To-Do List. Participate at TripleClicks. Promote your SFI business and TripleClicks.

While doing all of the above, make sure that you duplicate. This is the main part of your business that will ensure you that you are building your Residual. Duplicating is recruiting
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5931 votes
Aina Lia, Aff (Malaysia) Top Author Forum Guru 7/1/2015 6:03 pm
Affiliate since: 10/01/2013, Power Rank: 99999999 | Read Aina's 157 other Ask SC answers
Everyone knows and looking forward to have this stream of income offered by SFI to its affiliate. Income that keeps coming in, around the clock, month after month, year after year. Its like a royalty payment for your work done much much earlier, e.g. you write a book and get paid indefinitely on it.

To ensure that you will retire comfortably, knowing that you have this residual income coming in even when you are sleeping, you will need to start building your strong foundation, a solid
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5905 votes
David Bryant, Aff (South dakota, US) Top Author Forum Guru 6/24/2015 9:42 am
Affiliate since: 01/04/2015, Power Rank: 99999999 | Read David's 87 other Ask SC answers
There are many different ways with SFI to ensure a residual income.

Participate in the SFIPPA program and receive commission from sign ups after they meet the criteria.

Build a successful and committed downline to earn residual income from the work that your team members accomplish.

Advertise products from TripleClicks. Earn commissions from individuals you have referred to the products.

Do you have the necessary products/services to become an ECA? If
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5901 votes
Valentina Arrigotti, Aff (Italy) Top Author Forum Guru 6/23/2015 1:39 pm
Affiliate since: 03/21/2015, Power Rank: 99999999 | Read Valentina's 57 other Ask SC answers

Why you should absolutely create you a passive income

Most people have no idea and do not think of passive income and this is the reason they do not have time and do not live the life of their dreams.

Most people are focused on the active income, even the most ambitious. People usually want the good things in life, a nice house, nice clothes, travel, go eat in good restaurants and there is nothing wrong with that, indeed.

I think that life is meant to enjoy
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5817 votes
, () Top Author Forum Guru 7/1/2015 6:48 pm
Affiliate since: 12/31/1969, Power Rank: 99999999
Make sure you have more than one income stream at work. While logging in daily to score VP and maintaining a strong, robust team of affiliates is a good thing, sometimes that good thing may only be a drop in the bucket. So of course, you may need to have other avenues to think about.

There's the SFIPPA (Pay-per-action) program where you earn a bounty for each sign-up.
The ECA program is also good if you have a shop of your own, but no online platform; or, you can sign up and promote
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