If anyone wishes to retire on a secure residual income, they must have first spent many years aquiring the means required to retire securely. This may have taken the form of an annuity or pension in the past, but today enterprising entrepreneurs are turning to the MLM Industry to provide themselves with a secure residual income.
The MLM Business as a platform to create residual income is what this article is a about. It is reported that 95% of the people who start an MLM business fail. The main reasons for this is that most distributors underestimate the time needed to build a residual income and run out of seed capital to fund future growth.
The reason for the failure of most busineesses is not enough capital being available to grow the business. What is needed is a method to overcome this obstacle from the very start of the business, so the business can achieve sustained growth at all times.
What will be proposed here is a very simple action anyone can take to insure their success in the MLM arena. As a matter of fact, most of the "heavy hitters", in the business employ this method. They just don't publicize it. What I am referring to is the concept of the "funded proposal".
Any way a product is marketed or sold which pays for itself is considered a "funded proposal". Many Big Mlm operators draw you into their sales funnel first by offering for example an inexpensive training course on MLM. They then take all the leads generated from the sale of the training course and offer them the opportunity to join in their MLM endeavor.
In my opinion, a "funded proposal", is the only way to operate an MLM Business. You get all the free, targeted leads you need and you never have to dig deep into your pockets again to make your MLM business grow. The time factor which ruins most other businesses you have now eliminated.
The Big time MLM distributor does not directly sell the MLM business opportunity. They sell a front end product and backend the MLM Opportunity. These are just the same sound business practices used by mail order companies for over 100 years. They never run out of capital or people to sell to.
The "funded" proposal is the easiest way to build a residual income because it pays for itself.
The MLM Business as a platform to create residual income is what this article is a about. It is reported that 95% of the people who start an MLM business fail. The main reasons for this is that most distributors underestimate the time needed to build a residual income and run out of seed capital to fund future growth.
The reason for the failure of most busineesses is not enough capital being available to grow the business. What is needed is a method to overcome this obstacle from the very start of the business, so the business can achieve sustained growth at all times.
What will be proposed here is a very simple action anyone can take to insure their success in the MLM arena. As a matter of fact, most of the "heavy hitters", in the business employ this method. They just don't publicize it. What I am referring to is the concept of the "funded proposal".
Any way a product is marketed or sold which pays for itself is considered a "funded proposal". Many Big Mlm operators draw you into their sales funnel first by offering for example an inexpensive training course on MLM. They then take all the leads generated from the sale of the training course and offer them the opportunity to join in their MLM endeavor.
In my opinion, a "funded proposal", is the only way to operate an MLM Business. You get all the free, targeted leads you need and you never have to dig deep into your pockets again to make your MLM business grow. The time factor which ruins most other businesses you have now eliminated.
The Big time MLM distributor does not directly sell the MLM business opportunity. They sell a front end product and backend the MLM Opportunity. These are just the same sound business practices used by mail order companies for over 100 years. They never run out of capital or people to sell to.
The "funded" proposal is the easiest way to build a residual income because it pays for itself.
About the Author:
Before you spend one more penny trying to earn a residual income make sure you check out joe cotroneo's excellent site on residual income
No comments:
Post a Comment