The Secret to Creating a Residual Income Empire Off of Credit Cards with David & Patricia Carlin: An EOFire Classic from 2022 episode artwork

EPISODE · Sep 28, 2025 · 30 MIN

The Secret to Creating a Residual Income Empire Off of Credit Cards with David & Patricia Carlin: An EOFire Classic from 2022

from Entrepreneurs on Fire · host Entrepreneurs on Fire

From the archive: This episode was originally recorded and published in 2022. Our interviews on Entrepreneurs On Fire are meant to be evergreen, and we do our best to confirm that all offers and URL's in these archive episodes are still relevant. David and Patricia Carlin are the powerhouse couple behind Residual Payments. They have dominated the credit card processing industry for over 2 decades creating millions in residual income. Top 3 Value Bombs 1. A merchant account helps a business accept payments online. Once you get setup, every time you take a card payment, residual income is generated as a percentage of that transaction at the end of the month. 2. It's not the knowledge, it's the accountability to make sure they do what they need to do, hit their goals, and have support. 3. Having personal relationships far surpasses being a sales person and trying to get a deal. Sponsors HighLevel - The ultimate all-in-one platform for entrepreneurs, marketers, coaches, and agencies. Learn more at HighLevelFire.com. Franocity - Franocity has helped hundreds of people leave unfulfilling jobs and invest in recession-resilient businesses through franchising. Visit Franocity.com to book a free consultation and start your franchising journey with expert guidance. Policygenius - Secure your family's future. Head to Policygenius.com to compare free life insurance quotes from top companies and see how much you could save.  🦄 Unicorn founders don't wait. They act.🙏 [Your next move starts here] 🙏

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The Secret to Creating a Residual Income Empire Off of Credit Cards with David & Patricia Carlin: An EOFire Classic from 2022

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