And You Are A Part of It
You are a part of (or have a burning desire to be a part of) THE best industry on this planet. That’s one reason you are reading this. You may not even be in this industry and simply are curious. Or, maybe you were distracted, and picked up this book by mistake. ☺
In any case: This is the greatest and most exciting and influential business in the world!
Imagination is sometimes all it takes. So now, imagine a cellular phone. I’m going to sell it to, say, a friend named John. “John, give me a
$100 for the cell phone. Don’t use it. Don’t make any phone calls with it. Take a picture of it. Now hand it back to me.” Now, you see I have John’s $100, and I have my cell phone back. Next, here’s Joan. Ah, now the cell phone is more valuable. “Joan, Give me $300 for it. Take a picture of it, and hand me the cell phone back.” And Roger, well Roger looks like he’s doing pretty well. “Roger, give me $750 for the cell phone. Take a picture of it, and hand it back to me.” You see, the phone continues to become more and more valuable each time I sell it. “Now, John, Joan and Roger: every time you show someone the picture of the cell phone, you have to pay me again, forever.” That’s the film and television business. And, that, my friend, is called Residual Income!
Residual income is wonderful! It’s what Bob Proctor calls an MSI, a ‘Multiple Stream of Income’ — money made while you are sleeping OR working on your next exciting project. You do something one time, something that’s fun, something that you would do for free anyway because you love it, and you get paid very well for it. And every time that they show that picture, you get paid over and over and over. I have made a lot of money in residuals.
