Search This Blog

Friday, February 25, 2011

Residual Income




Trainers if you want to have a successful business you need to come to the realization and the understanding that you business can not be dependent solely upon the monies you bring in.

If your business is solely based on the monies you directly bring in you are limited the growth of your business. After all there are only some many hours in a day, days in a week, weeks in a month, and months in a year. If you want to maximize your earning potential you have to create residual income. You have to have a way to generate income with out your direct involvement. Think about, Bill Gates can not personally create and sell every item his company produces. It’s impossible.

Here is a short list of residual income streams that you can take advantage of:

 Hiring or contracting personal trainers
 Product sales (equipment, supplements, etc)
 Program sales such as wellness programs
 On line training

No comments:

Post a Comment