Residual Income Business - How to Give Away a Cold
Everyone in the world should be familiar with what it feels like to have a cold right? Right.
It's also a safe bet to say that most folks have passed their cold along to somebody else without even knowing it.
Then the cycle probably continued with that person passing the cold they got from the first person on to someone else in the same fashion.
Well much like that cold being passed around a lot of residual income businesses are built on the foundation of people passing something around too.
Businesses have been created and toppled on what people pass around to each other about that business.
What people pass around when it comes to a business are their experiences.
Pleasant experiences usually garner positive words of recommendation while negative ones have the opposite effect.
When people pass around word of mouth that is positive about a business that allows that business to grow and make a residual income.
This type of income is made when customers continue to come back to patronize a business.
Making this residual income can be the deciding factor most times when it comes to the longevity of a business.
Take a minute to think about your consumer value.
Lets say you enjoy a certain food establishment and you frequent it about once a week, or month, or even once a year.
When that restaurant looks at you they see someone that is very valuable because even if you only came once a year that would still add up to money for the restaurant year after year.
At this point because you keep coming back you are considered as a residual income source for this business.
When you see the power of giving away colds and learn how to always deliver pleasant experiences to your customers then you will be able to take your residual income business to the next level.
It's also a safe bet to say that most folks have passed their cold along to somebody else without even knowing it.
Then the cycle probably continued with that person passing the cold they got from the first person on to someone else in the same fashion.
Well much like that cold being passed around a lot of residual income businesses are built on the foundation of people passing something around too.
Businesses have been created and toppled on what people pass around to each other about that business.
What people pass around when it comes to a business are their experiences.
Pleasant experiences usually garner positive words of recommendation while negative ones have the opposite effect.
When people pass around word of mouth that is positive about a business that allows that business to grow and make a residual income.
This type of income is made when customers continue to come back to patronize a business.
Making this residual income can be the deciding factor most times when it comes to the longevity of a business.
Take a minute to think about your consumer value.
Lets say you enjoy a certain food establishment and you frequent it about once a week, or month, or even once a year.
When that restaurant looks at you they see someone that is very valuable because even if you only came once a year that would still add up to money for the restaurant year after year.
At this point because you keep coming back you are considered as a residual income source for this business.
When you see the power of giving away colds and learn how to always deliver pleasant experiences to your customers then you will be able to take your residual income business to the next level.
