Home Based Network Marketing - Recurring Residual Income Secrets

Recurring Income is another term for residual income. In a nutshell, there are three (3) types of income streams that you may have coming into your business.

1. If you do a one-time job, sale or perform a contract, you get paid once and the income stops there.

2. If you do a normal 9 to 5 job, you will continue to get paid as long you continue to work for your employer-often called a linear income. This is the type of income that the majority of workers "enjoy." Even if you are a neurosurgeon, lawyer or engineer, you are only paid as long as you continue working. You stop working and the bank account dwindles.

3. The third type of income is the recurring income where you are paid even after you have stopped working. For example, you wrote a book and as long as your book continues to sell, you will continue to receive royalty income for a work done once.

Majority of rich and affluent people created wealth through a form of recurring income stream. Take singer Michael Jackson for example; he still continues to receive royalty from the sales of his records made decades ago. He can even repackage the same oldies and sell them to generate new income. He doesn't have to spend time in the studio to record new songs in order to have the cash keep flowing in! This is the most ideal situation of the three. We would all like to work once and get paid over and over again. That is the power of recurring income!

The majority of professionals that enjoy this type of income belong to the creative fields such as actors, writers, singers, and inventors.

Unfortunately, not many of us are blessed with the talents Michael Jackson has, let alone the opportunities to be in the lucrative industries. However, there is one budding opportunity for any ordinary individual today to enjoy residual income today in the 21st century.

You've guessed it: it's none other than Network Marketing.

Al Sims is a successful Full-Time Internet Entrepreneur and Author. Al Sims is the founder of Rich LifeStyles Network, a community of Home Based Money Makers, Bosses and Entrepreneurs.   Contact Al Sims at http://richlifestyles.com

 

 

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How To Make Money Working Online

There are many home based businesses that provide a legitimate opportunity to make money working online. People from all walks of life are taking advantage of the internet and all it has to offer as place to do business. There are various reasons why people consider starting an online business such as generating extra income, spending extra time with their family, making a career change, starting a business , and creating a flexible work schedule. These are all appealing reasons to consider starting an online business.

If you are going to start an online business it is going to take discipline. It is not going to be any different from running any other type business. You are going to have put time and effort into your venture if you truly want to truly make money working online. It is easy to stray and waste time on meaningless activities that are not going to contribute to building your business. The key is to focus your efforts on income producing activities.

There are many online businesses that have very attractive compensation programs. In order to take advantage of these programs you need to learn the art of marketing online. Let's face it if you cannot drive traffic to your business you are not going to make money working online. There are many different strategies to market a business online and new strategies are constantly being developed. There are many different strategies available to the internet entrepreneur ranging from free strategies to expensive advertising campaigns.

This is why choosing the right opportunity, with continual support can make all the difference in your ability to succeed. It is up to you to take responsibility for yourself and take action on a daily basis if you truly want to make money working online!

Michael Costa is a successful entrepreneur who enjoys helping other people reach their true potential. He currently coaches people to financial success at www.InnerCircleSite.info.

 

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Home Business New York City-Monavie - Review of Home Based Business

Home Business New York City-Monavie - Review of Home Based Business



Monavie is another network marketing business opportunity that sells a health and wellness drink as the product. Is this home based business opportunity worth pursuing?
Health and wellness is an ever growing market especially as many baby boomers near the age of retirement. At the same time many baby boomers are also in financial distress, so it makes sense to see so many network marketing and MLM business opportunities tapping into the health and wellness market with a variety of drinks and juices and supplements.


In this review I will look at the fundamentals of the Monavie business opportunity as well as the product so you can make an informed decision.


MonaVie History:


MonaVie was founded by a Daillin Larsen. Before Larsen founded Monavie, he already had 17 years of experience in the direct selling business models.
Larsen decided to help direct the designing of a health product with unique value that would set itself apart from the other health products. Monavie is a juice that uses the health attributes of the Açai berry.


The drink is not made up of 100% freeze dried Açai. Rather it is a blend of Açai puree and freeze dried Açai.


Larsen decided in addition to just selling pure Açai berry juice to also add in other fruit juices to the product. Larsen ans his team of scientists collected an additional 19 fruits to be included in the MonaVie product drink.


The product is also know as the Monavie Active System drink. The juice has healing properties to boost your immune system, and to help you have more energy among other benefits.

The Cost:

Each bottle of MonaVie cost $45 USD and a one month supply costs $180. Compared to other similar health drinks, the price of Monavie is a little on the high side.

Monavie offers entrepreneurs the opportunity to make money as an Independent Distributor. The compensation plan is very much like all other multi level marketing opportunities where you make more money from the more people you recruit.

Each time you introduce someone to Monavie and that person decides to join as a distributor themselves, that person is added to your downline. Commissions are paid out to you based on a percentage of all of the net profits in your downline.


However, the hard part of the MLM business model is most distributors will leave your downline after about 3 months. They leave because they are not able to bring in enough people into their own downline to turn a profit. So rather then losing money, they decide to leave unless they really like the product and just want to keep using the product themselves.


So you need to bring in more distributors at a faster rate than the rate at which distributors leave or else you may join the 90% of distributors who leave within 90 days.


Those who want to become a product user of Monavie to make money as an Independent Distributor should also know there is a one-time licensing cost of a couple hundred dollars.
Most other similar product lines that also have independent distributors typically don't have licensing costs. So this might be a negative factor in trying to recruit distributors to your downline.


But as with other MLM's, the main benefit is big money if you are able to bring in new distributors at a significantly faster rate then they leave.


My Recommendations:

The Monavie product is a quality health product. For any successful business to stand the test of time, the product needs to be of high value.

However, the product cost is a little on the high side and the one-time licensing fee to become a distributor may detract some from joining Monavie as a distributor when there are many other similar health-product MLM's that do not require a licensing fee.


If you are an experienced network marketer and know how to market to product-users and people looking to make money, than you should consider joining Monavie as a distributor.
If you have little or no experience on how to be successful in Multi-Level-Marketing opportunities, then I recommend not joining Monavie.


Instead, if you don't have a lot of money to start a business but you are determined to build a business and stop working at a job, then you might want to consider looking at some high ticket programs.


High-ticket programs usually require an investment of $700 to $5000 but hey also pay lucrative commissions from 75% to 100% of the cost to join the program. Once you are able to make money in a high ticket program first, you can join an MLM later once you have built up your business contacts and built up your list of emails.

Go to: Champion Articles for more reviews of home based business opportunities like this business review here: VM Direct Review



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Home Business New York City-How To Succeed Faster In Your Home Business

Home Business New York City-How To Succeed Faster In Your Home Business



Here are some great tips and understanding on how to succeed faster in your home business.
If you are a home business entrepreneur, you know that you are surrounded by success; tens of thousands of people are making hundreds of thousands of dollars with minimal effort.
This is how success happens faster...


As human beings, we have the ability to focus our thought; this is such a gift when we truly understand how to sharpen this skill. However, it is important to know, we can only truly focus our thought, on one thing at a time.
We get what we focus on...


There are three things that we can choose to spend our time focusing on, one of them is counter productive, while the other two, if used properly, can produce significant results see if you can define and maybe expand with a comment how to effectively use these properly to succeed faster in your home business.


Things We Can Control


Things We Can't Control
Things We Dream About


The main thing you should be focusing our time on, to succeed faster in your home business, are the things you can control. So what are the things you can control?

Things We Can Control...

The actions we can take during the day to advance our business and generate sales:

Placing Ads
Personal Contacts
Mailings
Generating Leads
Voice Mail
Listening Skills
Returning Email
Practicing Our Presentations


Strengthening Our Skills In All Of The Above These things are all items that are designed to simply increase the exposure of our businesses ( you may likely have more ideas, feel free to comment on this Article to add some) and they ensure the sales process is guided towards a sale, as long as they are done well.


Things We Can't Control...


The outcomes from our controlled efforts:
What A Person Thinks
What A Person Says
What A Person Does We simply cannot and should not control the outcome, if we are controlling the outcome, then we are not allowing people to express their free will, we are forcing, or manipulating the sale. As soon as someone feels that they are being pressured into a decision, or that they are being "sold" they will run away unless they have already decided to buy, even then, they may find someone else to do business with.


Remove from yourself the idea that you have to control the outcome, that you have to be a great "closer" of the deal, and more sales will happen as a result.


When people decide to buy, they will buy, not because they were sold.


Now, in some cases you will sell them, but this is when "buyers remorse" can kick in and the deals get reversed, or the future customer (the person who will buy from you again) is lost forever.


Things We Dream About...
The things we think about, the reason(s) why we are doing what we are doing:
Goals
Visualizations
Meditation
Affirmations

Now, if you are thinking that these four items are critical to our success, you are partly correct.
Goals, Visualizations, Meditation and Affirmations are all incredibly wonderful and powerful things, as long as they are used in a useful way, but THEY DO NOT PRODUCE RESULTS if you are just living in La-La Land!


It is critical that you have Goals, as a man without vision will perish. These are simply things that you have decided to go for, but once they have been specifically written down and a date set, just review them occasionally throughout the day to remind you to do the things you have control over, do not spend all your time dwelling on and dreaming about the future.


Visualizing is a very powerful tool; I would encourage you to direct your visualization towards perfect practice of the things you can control, as studies have shown, that will get you 97% closer to attaining your goals.


For example, imagine yourself, in perfect practice having a conversation with a complete stranger, you are totally present, listening, really hearing what is being said, not just the words, but the truth behind the words. Understanding this persons reasons for wanting to improve their life and realizing that you have a solution to assist them in reaching their goals.
If you had the pain relief that someone desired, would you not give it to them?


Imagine your solution being so willingly accepted and acted upon that you never had to say a single convincing word, you simply allow this person to follow the natural and logical steps to solving their own problems based on your referral to the solution. If they want pain relief, they will take it from you, not because you sold them on it, but because they acted on free will.
That is how you can use visualization to your benefit, on the things you can control.


Meditation will serve you if you really focus on quieting your mind, the idea is to truly think about nothing. Sometimes meditation gets confused with visualization.
When you are simply paying 100% attention to just your breathing (or some other form of focus) then you are getting strong in developing, or flexing your focusing muscles.
As for Affirmations tell yourself that you are good at the things you can control, not that you have a million dollars, as that will lead to a vision that you have a million dollars and when you realize that you don't (when reality kicks in) you will be depressed.


Affirming "every day in every way I am getting better and better at conversations with strangers" will take you further than some dream land affirmations.
The secret ingredient to succeeding at the things I identified, as the things that you can control, is Action!


So go out and take action in the things you can control and be marveled at the results you will have in your business and in your life.


Now you have a better understanding of how to succeed faster in your home business.
If you are looking, here is a business that will allow you to focus on what you can control and give you the financial results you deserve: http://www.ReverseFunnelSystem.ca


Steven Donne is a practical entrepreneur, he believes that making money should be and is simple. Having owned a number of "traditional" business with real overhead and real employees, he switched his focus to the Home Business industry utilizing the Network Marketing model. After failing many times because of his own interference, he has found and developed great success in the Network Marketing arena. Donne knows that systems do in fact work and only recommends programs that will surely produce results.


Donne recommends the Reverse Funnel System, developed by Ty Coughlin: http://www.ReverseFunnelSystem.ca



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Work From Home Opportunities

Many people are looking for work from home opportunities . There are many work from home opportunities out there. Some are solid work from home opportunities and some are scams. It's the scams which give work from home opportunities a bad rap. I'm sure you've seen ads promising you the world and ending up not coming through. When looking at work from home opportunities you must do your due diligence.

There are many types of work from home opportunities out there. There are envelope stuffing from home opportunities, filling out surveys, and many others. The thing to understand with these types of work from home opportunities is they will not make you rich and the pay is not great at all. For the amount of time and effort you have to put in, it is just not worth it. You are better off getting a 9 to 5. But there is something much better than using these bogus work from home opportunities.

Instead of looking for these bogus work from home opportunities why not start your own home based business? I know it may sound like a daunting task but in reality it is not. Take what you are doing right now, let's say you are a plumber why not start your own plumbing business? And you can do the same with whatever skill you may have. If you are an IT tech start consulting. The same goes for just about anything. If you have no skills what so ever, which I highly doubt, start training yourself to become an expert in something. The key thing is to start working for yourself instead of somebody else. Most people spend their lives working and making someone else richer. Starting your own part time business is the way to go and it definitely beats these bogus work from home opportunities.

 

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