The Network marketing industry, Multi-level marketing, Insurance industry, and membership programs are often built around the idea of building an ongoing stream of income from one sale.

Someone pays $99, or whatever amount, every month to maintain their life insurance or active status in their direct sales company and the agent or representative that introduced them to the company continues to receive a portion of that income.

It’s a great idea, and of course the evolution to make everything better has hit this concept too. But, what if you could make just one sale and get paid for a multitude of sales?

With the new term called viral marketing that is possible. During this article we will introduce the concept of Viral Marketing and several ways residual income can be generated by you and your company.

Viral marketing depends on a high pass-along rate from person to person. If a large percentage of recipients forward something to a large number of friends, the overall growth snowballs very quickly.” (If one could attach an income stream to that viral marketing, wouldn’t that be ideal?)

But what about the residual part?

Residual income (also called passive income or recurring income) is income that continues to be generated after the initial effort. (Compare this to most people’s income focus: linear income, which is “one-shot” compensation or payment in the form of a fee, wage, commission or salary.)

There are a variety of ways residual income can be earned. Here are some examples:

•  Transfer the rights to a novel you wrote, a software program or game you created, a invention, or a song you recorded, to a company that agrees to pay you a percentage of each copy of your work sold in the future.

•  Become an actor and draw residual income from each of your movies, TV shows, or commercials, each time they run.

•  Let an oil company drill a well on your property in exchange for a percentage of the revenue.

•  Purchase an office building or other real estate that earns you recurring income through lease or rental payments.

True, these ways of earning residual income generally aren’t that easy to implement. But there are even more attainable ways, better suited for the average person:

•  Start a savings and investment program that pays you residual income in the form of interest or dividends.

•  Create and market your very own information products.

•  Join associate programs.

That’s a brief overview for you to start brainstorming over, for an easy answer to how you can take advantage of this powerful concept visit the viral residual income link below.

Get Viral Residual Income

Why Residual Income Is Smart Money, by Marty Foley, Money Matters

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Scott Letourneau is the founder and CEO of Nevada Corporate Planners, Inc. Recently, he’s started an exciting new project on how to get viral residual income. Visit right now to find out how to get started!