If you have cable TV or internet, regardless of how much time you spending using your TV or internet, do you still get the same bill?
If you have a car payment, regardless of how many miles you drive, you still get the same bill.
Now, think about RECEIVING money whether you are working or not. THAT is residual income. Money that comes into your household even when you are sleeping.
HOW TO MAKE RESIDUAL INCOME
You’ve probably heard the term residual income, but what does residual income mean in the network marketing world? Residual income is income that continues to be generated after the initial effort has been expended.
Network Marketing is one of the few industries that offers residual income. If you are willing to work hard and dedicate time and energy in the beginning, you can see amazing results over time. Many people believe success is based on luck, but I always tell people “The harder I work, the luckier I seem to get!”
TWO WAYS TO MAKE RESIDUAL INCOME IN NETWORK MARKETING
One way to make residual income is through Recurring Sales – Most network marketing companies offer benefits for participating in a monthly “autoship” program. This means that you do the work to introduce someone to your product once, and you receive a “Thank You” paycheck every month that person continues using your product/service. When you are choosing the company you will represent, make sure your company has products that people will want forever so you can maximize your residual income in this category.
The second way to make residual income is through Sales From Your Team – Introducing others to your company’s business opportunity and teaching them to do the same. This will take time and effort to assist them, but there is no better way to make a living while making a difference in other people’s lives!
Network marketing is an excellent way to create a part-time, full-time, or big-time income overtime. Through network marketing I have been able to create the life of my dreams, and the only way I got there was by helping other succeed! I cannot think of a better business plan.
I wish you all the success you believe you deserve and are willing to work for!
~xo Deni