October 16, 2009 – 6:53 pm
ALTERNATIVE MLM INCOME STRATEGY
I have promised to write more posts about how to earn passive income to supplement your primary MLM business. Sorry the the first installment took so long. I have been busy practicing what I preach.
Here is an alternative way to get your hands on a personal money maker that has the ability to crank out cash like clockwork 24 hours a day, 5 days a week, and make more money passively in a fraction of the time you probably thought possible. It never complains or gets tired and best of all, … Read More »
EXPERIENCE GREAT SUCCESS AND REPEAT
Although I have said it several times before, the first step in creating duplication is finding the right people to work with. You want to work with people who will listen and pay attention to your coaching. They must be capable entrepreneurs who understand that your team has a proven system for success.
Work with the willing. The duplication process requires that… Read More »
FINDING A MLM MICRO NICHE
Although Multi-Level/Network Marketing is a niche in and of itself, it has become so flooded with a multitude of independent contractors and companies that it is almost impossible for the beginner to compete with established marketers. The “Newbie” should be looking for a micro niche within the MLM industry.
According to wikipedia, “A business that focuses on a niche market is addressing a need for a product or service that is not being addressed by mainstream providers. You can think of a niche market as a narrowly defined group of potential customers.”
In other words…. Read More »
BUILDING MULTIPLE INCOME STREAMS
An affiliate marketing business is one of the easiest ways to get your feet wet in creating multiple streams of income for your MLM organization. You simply send visitors from your Web site (i.e., your potential customers) to a merchant’s Web site that you are representing as an affiliate partner. If they buy (now, or when they return in the future) the merchant pays you a commission. Pretty neat, huh?
That, in essence, is the beauty of the affiliate concept. You can be up and building an immediate income producing business in record time, with little or no expense or risk…… Read More »
PLAN NOW FOR NEXT TAX SEASON
Homebased businesses are good for the economy and good for economic stability. Congress has passed legislation that gives HUGE tax advantages to those that run a homebased business that qualifies.
Those breaks have come in the form of a long list of tax deductions that range from rent and utilities, to furniture and furnishings, to cars and trucks, to trips and entertainment, even to the kids’ allowance.
It all boils down to the fact that…. Read More »
By Jim
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Posted in mlm business decisions, mlm coaching, mlm income strategy, mlm marketing, mlm prospecting, mlm tax strategy, mlm training, steps-to-mlm success, welcome
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Tagged homebased business, mlm income strategy, mlm tax strategy
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RESIDUAL MLM INCOME: THE “LIFEBLOOD” OF YOUR BUSINESS
Residual income is also known by the names recurring income or passive income. Perhaps the best example is earning interest on your savings account at the bank. The interest still accrues each and every day whether or not you even get out of bed in the morning.
In other words … Read More »
WHAT A MLM SPONSOR SHOULD EXPECT FROM A NEW RECRUIT
Since the last post talked about what a new MLM’er should expect from his/her sponsor, we should also discuss what expectations a sponsor might have for their new recruit. It needs to be a “partnership” from the get-go.
One thing that both sponsor and new MLM recruit need to realize from the start is that…. Read More »
WHAT TO EXPECT FROM YOUR MLM SPONSOR
When making your early MLM business decisions, one of the key factors to consider is who you are going to choose for a sponsor - your “MLM Coach.”
NY Times best selling author and millionaire Robert Kiysoki says, “Choosing the right MLM sponsor is one of the most important decisions you will ever make in Network Marketing.” Your success depends on finding the right sponsor. This is critical. Before joining any company make sure you will be sponsored by someone who CAN and WILL provide you with the proper coaching support and MLM resources that you will need to succeed.
When considering joining a specific team it is important to …… Read More »
By Jim
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Posted in mlm business decisions, mlm coaching, mlm marketing, mlm prospecting, mlm training, steps-to-mlm success, welcome
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Tagged mlm business decisions, mlm coaching, mlm recruiting, mlm resource, mlm success
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