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In a conversation this week I was explaining to a gentleman how I make money. He paused and then asked me this question. The implication was clear. If people are paying me money while I sleep, I must be conning or manipulating them. Unfortunately, he does not understand the difference between 'linear' and 'residual' income. That's not hidden information but if you understand it, you may have people asking you - "How do you sleep at night?”
Questions:
1. What is the difference between “linear” and “residual” income?
2. Is it possible to do something once and get paid 1000 times?
3. Why some people think I’m a con artist.
4. Is it wrong to make money from just giving people a place to talk with each other?
Get direct links to the resources mentioned on this podcast, including an example of my Venn Diagram, in the podcast show notes at https://www.48days.com/residual-income