residual income

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Discover Tips to Building Your MLM Business


Presentation Transcript

Establish Your MLM Business Using Residual Income : 

Establish Your MLM Business Using Residual Income

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Creating income from an Internet Marketing enterprise is a good thing, but an even better scenario is establishing that business using residual income. Generating the highest amount of returns on the time you have committed to your business can be gained through making full use of residual income. This income will continue to come indefinitely. Http://

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There are many grounds for making residual income including using multiple streams of income, here are just a few of them. Don't be centered on creating personal sales, unless there is very high demand for the products or services and the price point is very high. In this case personal selling will be beneficial but is not the best long term solution. Http://

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Many individuals generate a good income from personal sales, but here is the problem, the moment you stop making sales your income ceases! Having only one income stream in this situation would immediately close your business. Http://

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Your only generator of income is a regular job, and you get laid off, this source of income is now gone. Now let's say you have a sale that will bring you a small but continuous amount of income each and every month for years to come. Then what you have is Residual Income A good example of this would be an ISP, and attaching services for customers. Http://

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In this case individuals will purchase it and continue to pay for the services for many years onwards. You can take an extended vacation while your internet marketing enterprise operates in neutral continuously getting people signed up. You no longer have to be present to make money. Http://

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The business operates on its own. You now have the freedom to create other streams of income. When you fully established you first home based enterprise, you now focus on establishing the next stream of income. The first enterprise only requires minute tending each week(talking to customers regarding any questions they have), it becomes mainly autonomous. As you continue in this manner, you will have the freedom to create a second and then a third stream of income. This method is very similar to diversification of stocks in a portfolio, and is considered very sound financial sense. Http://

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As in the stock market, the more diversified the investments, the less the risk of you losing everything. Successful entrepreneurs have continuously used these methods for success. Using these methods, you do not have to spend all your time chasing and acquiring new sales. There are many advantages to creating multiple streams of income, and having each stream supplying a residual income. Http://

Slide 9: 

Here is a question you need to ask yourself Do I want to have a customer who purchase my product for a thousand dollars once? Or do I want a customer who will pay fifty dollars each and every month for years? Http://

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