More millionaires are created through MLM marketing and Network Marketing than any other kind of business or business model in the United States. And the rich that get richer employ multiple streams of income. You ve heard the saying don t put all your eggs in one basket.
In this article I will introduce you to 2 amazing concepts, which when coupled together explodes your net worth.
MLM marketing or Network Marketing as it is sometimes known is a model of business where the actual marketing is done through individuals. So each individual is basically running his own business. A lot of people shun away from such things as it means they have to sell. Though that s not the case, especially with the top 6 figure earners.
Your MLM marketing company of choice should be one with your own interests. As I always say, and will keep saying do what you love and the money will follow . Follow your bliss. You don t want to get into a MLM marketing system only to sell something you don t like just to make money. It won t come or you ll get bored with the MLM marketing company, and system, and will end up failing and blaming the MLM marketing company or worse the whole subject of MLM marketing and Network Marketing.
So what is Multiple Streams of Income?
It always rings up a stir, and gets people excited, as well as successful and wealthy people who employ it as many times as possible.
Multiple Streams of Income or MSI is a way of having income from several sources rather than one. Now you may be thinking I have a job, so how does this apply to me? Multiple Streams of Income can apply to all people, even if you have a job. Your savings which pays interest is a Multiple Stream of Income, and so are stocks.
So we have an idea of what Multiple Sources of Income are. Imagine having several of these which bring in huge amounts of money. You will have the ability to increase your wealth more then the people around you with just a job. What is needed is a shift in mind set. Your current job is only a stream of income. Some have several jobs, so they are several streams of income, making them Multiple Streams of Income.
So how can MLM Marketing coupled with Multiple Sources of Income make you a nice fortune (remember success like anything only happens when you make the effort consistently).
Let s look at an example. Let s say you re into Personal Development and success. Then a program such as Successu can be a goldmine, and the reason why, is that your likely know people who are also interested in Personal Development. And introducing them to what s on offer is amazing. As you are using the product and love it with passion, and your friends love the subject so it s a match.
Sell veggie burgers to vegetarians and beef burgers to meat eaters!
If you are in a job in finance, you can find a MLM marketing opportunity connected with finance. Perhaps something to do with loans or mortgages or even better Real Estate.
What ends up happening when you get this mentality is that you will get more checks coming in the mail. You will be able to maximise your time, and produce more. MLM Marketing is a phenomenal way to an extra source of income. It does take time to grow. However, imagine finding a friend who you thought wouldn t be able to do it; they get in the game, and produce an amazing team beneath you. You have earned a substantial amount. And most of the time this money flows and flows month after month. See my previous articles to find how residual income is a key to your success.
I hope this information has helped you in your understanding of MLM Marketing and its beauty as a new source of income in your Multiple Streams of Income strategy. It does take time; however, the rewards far outweigh not doing it. You also get to meet so many new people driven to succeed.
My next article to you is stop procrastinating and start earning money with your MLM business.
Till then
To your greatest success as always,
Kozan Huseyin.
By: Kozan Huseyin
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