ArtsAutosBooksBusinessEducationEntertainmentFamilyFashionFoodGamesGenderHealthHolidaysHomeHubPagesPersonal FinancePetsPoliticsReligionSportsTechnologyTravel

Residual Income Tool

Updated on July 7, 2013

Residual Income

What do Elvis and apartment building owners have in common? You guessed it...Residual Income! Elvis and the landlord are being paid and they aren't doing any work. Elvis isn't even alive...or is he? Also known as passive income, this means you get paid today AND tomorrow for work you do today.

Types of Residual Income

Although all types of Residual Income are wonderful, they all require an investment, whether it be a financial investment, or an investment of time and energy.

Financial Investment residual returns would include:

  • Real Estate Rentals
  • Stocks and Bonds
  • Annuities
  • A diversifed investment portfolio

Time and Energy Investment returns would include:

  • Movie and/or Television Royalties
  • Record/CD Sales
  • Published Author
  • Online Business
  • Network Marketing

Probably Not In This Lifetime!

If you are like me, chances are we're not going to be best selling authors or Hollywood stars. And the way things are looking financially, our investment portfolio, if we have one, is a bit shakey right now. So what do I see as the best opportunity for us to build long-term residual income? Hey, you guessed right again! marketing. But, and it's a big but, only if we are willing to do the work necessary, and that includes the work on the inside too. Many people have tried network marketing before, only to have failed miserably. Although I have been successful at network marketing, I have also told myself I'd never do it again. Well, now everything has changed, because there is a new residual income tool called BizPack that is bringing the fun back!

A Residual Income Tool

What are the tools required for success in today's high tech environment?

  • A contact management system
  • A marketing system
  • Branding
  • Internet Optimization & Marketing
  • Direct Sales Marketing
  • E-mail Marketing
  • In-person Networking

You've probably heard the expression, "Success is an inside job." I know by my personal experience that this is a true statement! What if a residual income tool came with a personal development tool? And a feature to help us take legal advantage of business tax deductions? And the ability to hold online meetings so we don't have to pay travel expenses? Does this sound too good to be true?

Business owners spend hundreds of dollars each month purchasing these services separately. Stay tuned, because there is a new kid on the block coming soon that will provide all these services and more, while providing excellent residual income.


    0 of 8192 characters used
    Post Comment

    • Jody Heckenlively profile imageAUTHOR

      Jody Heckenlively 

      9 years ago

      Thanks Bill & Kimi,

      Of course the cool thing is that Priscilla gets paid the residuals from Elvis. Yes, usually residual income passes on to heirs.

    • profile image


      9 years ago

      Extremely creative article and good attention getter.

    • profile image

      Bill Beavers 

      9 years ago

      Appreciated your comment on Residual Income and with Bizpack as well. You comparison of Elvis and the apartment owner was excellent too. Personally, I'm looking forward to some Residual Income coming my way soon with Bizpack. Great Hub.

    • Jody Heckenlively profile imageAUTHOR

      Jody Heckenlively 

      9 years ago

      Indeed! With residual income we have time and energy to live a life of contribution and service. We can care for others as well as ourselves. Thanks for your comments.

    • BkCreative profile image


      9 years ago from Brooklyn, New York City

      Yes residual income, royalties - all those things that show money is working for us instead of the opposite of what we are taught - working for money. I love Robert T. Kiyosaki just for this reason - teaching us how to 'make' money and not just 'earn' it.

      Thanks for this hub which serves as a great reminder for me.

    • Jody Heckenlively profile imageAUTHOR

      Jody Heckenlively 

      9 years ago

      Thanks, James. I know you appreciate the benefits of residual income!

    • James Oates III profile image

      James Oates III 

      9 years ago from Southern California

      Hi Jody, great article...


    This website uses cookies

    As a user in the EEA, your approval is needed on a few things. To provide a better website experience, uses cookies (and other similar technologies) and may collect, process, and share personal data. Please choose which areas of our service you consent to our doing so.

    For more information on managing or withdrawing consents and how we handle data, visit our Privacy Policy at:

    Show Details
    HubPages Device IDThis is used to identify particular browsers or devices when the access the service, and is used for security reasons.
    LoginThis is necessary to sign in to the HubPages Service.
    Google RecaptchaThis is used to prevent bots and spam. (Privacy Policy)
    AkismetThis is used to detect comment spam. (Privacy Policy)
    HubPages Google AnalyticsThis is used to provide data on traffic to our website, all personally identifyable data is anonymized. (Privacy Policy)
    HubPages Traffic PixelThis is used to collect data on traffic to articles and other pages on our site. Unless you are signed in to a HubPages account, all personally identifiable information is anonymized.
    Amazon Web ServicesThis is a cloud services platform that we used to host our service. (Privacy Policy)
    CloudflareThis is a cloud CDN service that we use to efficiently deliver files required for our service to operate such as javascript, cascading style sheets, images, and videos. (Privacy Policy)
    Google Hosted LibrariesJavascript software libraries such as jQuery are loaded at endpoints on the or domains, for performance and efficiency reasons. (Privacy Policy)
    Google Custom SearchThis is feature allows you to search the site. (Privacy Policy)
    Google MapsSome articles have Google Maps embedded in them. (Privacy Policy)
    Google ChartsThis is used to display charts and graphs on articles and the author center. (Privacy Policy)
    Google AdSense Host APIThis service allows you to sign up for or associate a Google AdSense account with HubPages, so that you can earn money from ads on your articles. No data is shared unless you engage with this feature. (Privacy Policy)
    Google YouTubeSome articles have YouTube videos embedded in them. (Privacy Policy)
    VimeoSome articles have Vimeo videos embedded in them. (Privacy Policy)
    PaypalThis is used for a registered author who enrolls in the HubPages Earnings program and requests to be paid via PayPal. No data is shared with Paypal unless you engage with this feature. (Privacy Policy)
    Facebook LoginYou can use this to streamline signing up for, or signing in to your Hubpages account. No data is shared with Facebook unless you engage with this feature. (Privacy Policy)
    MavenThis supports the Maven widget and search functionality. (Privacy Policy)
    Google AdSenseThis is an ad network. (Privacy Policy)
    Google DoubleClickGoogle provides ad serving technology and runs an ad network. (Privacy Policy)
    Index ExchangeThis is an ad network. (Privacy Policy)
    SovrnThis is an ad network. (Privacy Policy)
    Facebook AdsThis is an ad network. (Privacy Policy)
    Amazon Unified Ad MarketplaceThis is an ad network. (Privacy Policy)
    AppNexusThis is an ad network. (Privacy Policy)
    OpenxThis is an ad network. (Privacy Policy)
    Rubicon ProjectThis is an ad network. (Privacy Policy)
    TripleLiftThis is an ad network. (Privacy Policy)
    Say MediaWe partner with Say Media to deliver ad campaigns on our sites. (Privacy Policy)
    Remarketing PixelsWe may use remarketing pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to advertise the HubPages Service to people that have visited our sites.
    Conversion Tracking PixelsWe may use conversion tracking pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to identify when an advertisement has successfully resulted in the desired action, such as signing up for the HubPages Service or publishing an article on the HubPages Service.
    Author Google AnalyticsThis is used to provide traffic data and reports to the authors of articles on the HubPages Service. (Privacy Policy)
    ComscoreComScore is a media measurement and analytics company providing marketing data and analytics to enterprises, media and advertising agencies, and publishers. Non-consent will result in ComScore only processing obfuscated personal data. (Privacy Policy)
    Amazon Tracking PixelSome articles display amazon products as part of the Amazon Affiliate program, this pixel provides traffic statistics for those products (Privacy Policy)