316 Strategy Group

The Importance of Residual Income: A Q&A with Joseph Kenney of 316 Strategy Group

The Importance of Residual Income: A Q&A with Joseph Kenney of 316 Strategy Group

Business owners across the globe place a high value on residual income streams—income that comes in reliably month after month without a lot of additional input. (Who wouldn’t?) But according to Joseph Kenney, founder of 316 Strategy Group and national recognized speaker on small business, residual income isn’t “gravy”— it’s a necessity for long-term success of any business. Mr. Kenney answers a few questions below regarding how residual income works and why it plays such a key role in an effective business strategy.