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.
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.
You can join our Kedi business opportunity team and enjoy life coaching to gain financial freedom. As your business mentor, you will learn from me proven offline and internet marketing skills to do the business effectively.
Dr. Olabode Oruku, CEO of Oruku Alternative Healthcare and Oruku Consultancy Services, is dedicated to empowering Nigerians with natural health solutions and business guidance. With his extensive expertise as a nutritional and natural healthcare consultant, certified Life Coach, and licensed practitioner under the Lagos State Traditional Herbal Medicine Board, he offers a unique blend of herbal knowledge and practical health strategies.
Awarded as Africa’s most outstanding herbal health consultant by Delta Business School, Dr. Oruku also incorporates Chinese traditional herbal medicine principles to support holistic well-being.
With Canada’s SiteSell Education certification, he’s equipped to guide you in building a successful online business, allowing you to harness health and wealth.
Reach out today for more information or to explore our services. Contact us via Call, Text, WhatsApp, or Telegram at 2348033205456 or 2348121325411 or email. Take the first step toward a healthier, more prosperous future!
Our commitment to providing valuable health and wealth coaching is fueled by the support of those who choose our products and services. To maintain the quality and accessibility of this platform, we offer select free consultations exclusively to clients who partner with us in their journey to wellness and financial success.
Led by Dr. Olabode Oruku, a seasoned health and wealth coach, we deliver personalized coaching and mentorship to empower you with strategies for optimal health and sustainable wealth.
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At Oruku Alternative Healthcare and Oruku Consultancy Services, we commit to providing individuals with comprehensive health and wealth coaching services. Our experienced and knowledgeable team is here to support you in achieving your personal and professional goals and improving your overall health and wealth.
You can contact us to discuss your needs and determine if our services fit you. Whether you prefer to reach us via phone, text, WhatsApp, Telegram, or email, our team is here to answer any questions and help you take the first step towards a healthier, wealthier life.
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Click the link to learn more about our services and how we can help you achieve your goals. We look forward to hearing from you soon!
The 4 Options To Buy Kedi Herbal Products Or Open A Membership Account With N8,200 and enjoy members benefits are:
1. If you’re in Lagos, Call/Text/WhatsApp number 2348121325411 or Call/Text/Telegram 2348033205456 for our office address.
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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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