10 WAYS TO EARN PASSIVE/RESIDUAL INCOME

10 WAYS TO EARN PASSIVE/RESIDUAL INCOME

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GETTING RICH WITH PASSIVE RESIDUAL INCOME

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10 Ways To Make More Money In Network Marketing

Simple powerful, yet often overlooked strategies to expand your network marketing business.

MLM, network marketing, downline, business opportunity

Network Marketing is an excellent way for the “average Joe or Jane” to make an extra income. This

business concept has been around for decades and will not disappear soon. The reason for

its popularity is simple… It Works!BUSINESS STRATEGY: CLARIFY YOUR PUPOSE AND VISION

However, requires lots of work and most importantly, dedication and persistence to get the job done.

The best part is, once you are set up a solid network, your business becomes MUCH less

time intensive.

Almost like going on “autopilot”. The key is to get there as fast as possible.

Here are just a couple of tips I have found to be helpful in maximum your Network Marketing

Business:

1. Use your products regularly. This is Number 1 for a reason, this is the most ignored part of ANY

network marketing business.3 POWERFUL TACTIS THAT MOTIVATE CUSTOMERS TO BUY – (PASSIVE INCOME)

How do you expect your business to succeed if you will not even use your products?  Silly to bring this

up,  not using their products, and wonder why they are not making any money. Use your products for

a year, and see where your business goes.

2. Educate yourself constantly. This is very important! Rid yourself of negative ideas, sometimes

called “stinking thinking”. This can be done in a variety of ways.

I recommend reading at least 15 minutes a day but try to shoot for 30. Business and self-help books

are a great way to start. Don’t forget your Multi-level magazines, which are full of tips and advice.

Lastly, listen to cassette tapes on multi-level tips from top earners in your business.RISDUAL INCOME — MAKING MONEY FROM THE INSIDE OUT

3. Spend as much time as possible with your upline. Your upline should have only one goal, to

Help You Succeed! They are a vast source of knowledge and information.

Mingle with top distributors in your group, or other groups, and ask how they made it. Most everyone

should be happy to provide you with excellent tips and advice.

4. Present your products and marketing plan personally to at least one person daily. Remember

above when I said you have to work, well here it is.

Here is the key, the prospects to whom you present your plan, do not have to be yours personally.

Show the plan for your downline, and not only will you create “security” by placing members in your

downlines’ downline,  boosting your income!

I can guarantee following this rule for 6 months, you will create a downline with enough width and

depth to add an income to sustain you and your family for life.

5. Care for your downline. An entire book can be written on this topic. Usually, it’s the little things

that shows you care.

Try to maintain regular contact, and always praise your distributor’s accomplishments. You can even

offer incentives for specific achievements, such as money, travel, recognition, or other rewards, to

help motivate your group.

6. Duplicate yourself by making distributors independent of you. This will help to multiply your time,

thus making you and your group more effective.

Always lead by example. Never stop recruiting, training, and retailing. Remember the KISS formula –

“Keep It Simple, Sweety” I know, I know, I changed the last word, but it maintains the meaning. This

can be done by conducting simple, brief, yet dramatic presentations, and teaching your downline to

do the same.

7. Create a large customer base. This is another largely ignored, piece of your network marketing

business. Many try so hard to build a huge downline, that they forget how much profit they could

make by selling their products to retail customers.

Some people will not want to become part of your downline, no matter how great a

product/system you may have. This does not mean they will not be personally interested in your

product.

Try to make everyone your customer. Once you earn their trust, they will come to you more, and

perhaps even join your downline later. Always “leave the door open”, as people’s needs change.

8. Focus on your customer’s needs. Give customers more than they expect, and always satisfy your

customers. Try to listen 80% of the time, and talk only 20%.

As stated above, your customers can be a huge source of future referrals business. You must

earn and maintain their trust. Once you have their trust, you can always ask for referrals, which

leads to even more business and a larger downline.

9. Set daily, weekly, monthly, and yearly goals – and Write Them Down! You may have heard the

expression, “How do you eat an elephant? One bite at a time.” Breaking up a larger goal into smaller

easily attainable goals is the key to success.

You cannot just jump to the end, you have to make progress every day. Writing them down is another

largely ignored, important tip to help you succeed. A goal is just a “passing thought”, or “wish” until

you write it down. That is when it becomes concrete and real.

A business journal of your daily activities, as will help you to become more productive and

conscious.

10. Get Out There And Do It Now! All of the knowledge in the world is useless and unprofitable until

you put it into action. This “secret” ingredient should come as no

surprise, but this is the #1 reason for failure at anything in life. It is ACTION! Remember,

knowledge is useless without action.

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