Starting over every year - is there a better way?

Starting over every year,  that's what most of us do.  We set our goals and sometimes we make it and sometimes we don't.  No matter what the situation, we start over and most of us start with nothing.  Most everybody starts each year off at the same place chasing a similar dream.

Wouldn't it be great if you were able to start off the year with 25% of the income you earned the previous year. Let me give you an example of what I'm talking about.

Just an example 

Year 1 - you earn $100,000

Year 2 - you start off with $25,000+ you earn $100,000 again  = $125,000

Year 3 - you start off with $50,000 + you earn $100,000 again = $150,000

Year 4 - you start off with $75,000 + you earn $100,000 again = $175,000

Year 5 -you start off with $100,000 + you earn $100,000 again = $200,000

Year 6 - you do nothing but you still earn $100,000

Year 7 - you do nothing but you still earn $100,000

Year 8 - you do nothing but you still earn $100,000 

This is the power of residual income.  If we continued to get paid on every sale we made life would be great.  Unfortunately that only happens in a few fields. Think about it.  Your local cable company offer subscriptions they get paid on year after year.  But better than that they are continually adding to their membership.  So using our example above (of course their numbers are bigger) you can see how they get paid on renewals as well as new business which will renew plus more new business which will renew.

Recently I hear a fellow named Mark Yarnell talk about "principaless interest." It's basically the concept of residual income with a proprietary product or service. Instead of earning the $1,000,000 to put in the bank to get $100,000 a year, provide the masses a product or service tied to a membership that's renewable.

Of course for most of us this is just a dream. Being committed to what we know won't allow us to venture into new ways of doing things. I am convinced that there will be more multi-millionaires developed with this system than any other investment formula.  I say this because the risk factor is taken away because of the low cost of memberships and the desire for the masses to have memberships.  Just think of the memberships you have right now...

By now you know I think outside the box.  Love to hear your comments.

Cheerfully enjoying residual income,

Ced