085 | What is Residual, Passive or Leveraged Income and Does Your Business Provide it?

In this episode, Heather is tackling all things residual income. Tune in as she shares what residual income is and how to tell if your business can create it. Heather also shares valuable insights into the different types of income and how you can create passive or leveraged income in your business. Her advice is clear and actionable, and she includes valuable resources and tools to help you build residual income in your business. This podcast is a must-listen if you want to create a passive, residual, or leveraged income! Episode Highlights: ・Network marketing can produce residual income ・Passive/ leveraged income is not something that is typically done with minimal effort ・Active income is money earned from your own direct efforts ・Passive income is money earned from sources other than your own direct efforts ・Residual income is money that continues to flow after an initial investment of time and resources ・Leveraged income is income that is generated through the efforts of others ・The network marketing and direct sales industry is a great way to create a leveraged income ・There are three areas where you can earn a passive or leveraged income: your own personal business, the team members you enroll, and the products or services you create ・Heather shares her We, Me, Them income breakdown Episode Resources/References: ・Seint’s Income Disclosure- https://www.dropbox.com/s/f7pb0u3fqpmrt7s/IDS.pdf?dl=0 ・Texting with Project Broadcast- https://www.projectbroadcast.com/?via=heatherkburge ・Easily Edit Your Videos + Podcast- https://www.descript.com/?lmref=Sn3a4w ・Get 50% off Stunning Emails- https://flodesk.com/c/FGUZJG Want more help from Heather: ・Automate to Replicate – Copy my exact customer follow-up automations formula https://heatherkburge.com/automate ・Replicate Your Results – Grow your income + impact beyond your own personal effort https://heatherkburge.com/replicateyourresults Connect with Heather: Called to Lead Telegram Community- https://t.me/scalewithoutsocial HeatherKBurge.com he***********@gm***.com You can also text (912) 405-8912 any of these keywords to learn more: CONNECT (to stay in touch on all the things) PODCAST (to get a direct link to the Called to Lead Community) COLORMATCH (to try Seint Beauty)