Residual Business: Why and How to Create One

Residual business information is important when we consider that for most people, the struggle to earn an income is a very tedious one of working to make ends meet. While for the few who have built a sustainable system for making residual income, earnings flow in effortlessly. 

Why you need a residual business

The fact remains that when the source of income is dependent on a salary that only comes after so much work and a period of waiting, this payment is always insufficient to meet growing needs and the month-long wait for that paycheck can end up in paying up for debts that have been incurred during this waiting period.

This does not only apply to employees, even for many business owners, earning an adequate income to run the business and feed the family might usually involve a lot of daily struggles. Unfortunately, this method of earning money equates your income disproportionately to the amount of money earned.

So if the aim of earning is to attain financial freedom by building lasting wealth, then your income earning model must be developed around a residual business. This basically involves setting up a business that actually makes money for you, instead of the other way round, where you have to toil continually to make money from the business. This self-sustaining business model ensures that your business keeps generating money, even while you are asleep.

By taking a cursory look at some of the richest men in the world, you will notice that what they have done is successfully building a residual income business. From Bill Gates to Mark Zuckerberg and our very own Aliko Dangote, their focus is always on finding ways to become less active in the daily running of the business and more in ensuring that the established residual business model keeps functioning effectively.

Olabode Oruku during an internet marketing training session

How to build a residual income business

We cannot all become Bill Gates or Aliko Dangote, but we can at least attain a certain level of financial freedom that gives us more earnings for less work. In whatever business niche that you have chosen, your focus should be on expending your energy on building a residual income business. This can be done by applying the following methods:

1. Leverage on the internet

We are in a digital age where everything is becoming part of the worldwide web, especially businesses. Having a strong online presence has become one of the most important criteria for a residual business, so ensure that your business is hooked to the internet to start earning more.

2. Diversify your income stream

No matter how profitable a single business is, there is always a possibility that it will become less lucrative eventually or even fail in the long run. Every day, the competition is mounting and becoming more innovative. If you want to have a residual money that will keep paying you for a long time, adapt to changes and develop additional products and services that will add to your overall earning power.

3. Network marketing

As an individual’s net worth is determined by their network, so does a business’. The best passive income in the world today has taken advantage of network marketing, which is a residual income business platform. You can do the same with your business to greatly increase its profitability.

Olabode Oruku is the chief executive officer of Oruku Alternative Healthcare. He is licensed by Lagos State Traditional Herbal Medicine Board and also trained in Chinese traditional herbal medicines. He integrates both pieces of knowledge for the health being of Nigerians.

He is certified by SiteSell Education based in Canada to teach a brand new continuing education course called "Building A Successful Business Using The Internet." 

You can reach him on mobile phone 08033205456, 08121325411 or Click Here To Send An Email.

We strive to provide success information about health and wealth on this website that adds value to YOU in all aspect of life.

The 4 Options To Buy Kedi Herbal Products Or Open A Membership Account With N4,000 and enjoy members benefits are:

1.    If you’re in Lagos Call/Text 2348033205456 for our office address 

2.    People outside Lagos should Call/Text 2348033205456 for the address of Kedi Service Centre in their states and buy products and enjoy member prices using Kedi No: KN205898 and Names: Olabode Oruku

3.    If you want dispatch riders to deliver products to your house address within Lagos State for between N500 to N1,500 which depends on your location, Call/Text 2348033205456.

4.    We deliver products to outside Lagos with either Courier Companies or Transporters for a cost between N1,000 to N2,500.

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P.S. We do recommend detoxification of the body system before any treatment to enhance result. The supplements for detoxification generally are Colon Cleanse tea, Constilease, Gastrifort, Refresh tea and Qinghao.

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