Are you looking to learn the mlm recruting secrets of the masters? How does one earn more residual income in their home based business of network marketing?
Well, well, what do you know? A multi-millionaire, the best selling author of Nothing Down (How to buy real estate with little or no money down), Multiple streams of income , also joined a network marketing opportunity and attested to its viability, safety, low cost start-up nature. The following is the way the opportunity was presented being what was seen to be gained from the industry:
M-Multiple streams of Income.Most compensation offer many opportunities to earn from retailing and sponsoring new distributors.If you factor in holiday trips, car promotions, bonus checks there is more value for most levels if not all levels of ambition
O-Oustanding Products.do you like and use the products?. Many mlm companies offer world class products that stand out anywhere
N-No or little money required to start and maintain the business.Network Marketing has proven its a a low cost way to enter into business which usually has high barriers to entry like McDonald’s franchise or starting a traditional business like Microsoft
E-Employee resistant, in other words it requires little or no employees to be up and running.thus no problems from unions or the like
Y-Yield high returns for time and effort invested
T-Trends, basically taking advantage of emerging trends like internet marketing, networking, word of mouth marketing etc
R-Residual Income.Here you continue to earn income from an asset long after you built it like royalties from a song, movie, franchise etc. Creativity and duplication enable this
E-Essential Products.The products need to provide value to consumers in other words be important to almost or everybody like health and wellness supplements etc.They also better be consumable for recurring orders from your customers.
E-Enthusiastic.Yes enthusiasm is infectious, so it starts with you.Word of Mouth is very powerful due to this factor.Remember when you shared your favourite CD/restaurant/holiday destination/book with your friends and family.Did they also go and see for themselves or buy? The advantage with network marketing is that, you are paid when you share about your mlm products unlike the above example.
The fellow is Mr Robert Allen
In conclusion, utilise the mlm recruiting secrets of the masters and expand your home based business in network marketing for more residual income