Saturday, May 02, 2009

A Review - Multiple Streams of Income by Robert Allen

By Francisco Rodriguez

Generating one stream of income from home is a major hurdle to most opportunity seekers. Learning to earn multiple streams of income seems almost impossible! The fact is that it is possible to build multiple streams of income around your network marketing business and have an income during start-up.

In his book Multiple Streams of Income business through internet there are some real eye openers starting in the first chapter. There is a chart that shows what will happen at age 66 if you'd invested a dollar a day starting on the day you were born. A dollar a day grows into $1 billion by normal retirement age. Is that financial freedom? After seeing that it made me think of the $2.75 I spent yesterday for a Starbucks in a whole different way.

In Chapter 3 Robert Allen explains the difference between linear income and residual income. I worked 19 years in my computer business for linear income. Linear income is where you get paid only once for every hour you work. With residual income, you work hard once and it unleashes a steady flow of income for months or even years. You get paid over and over again for the same effort. That is how I get paid in the Network Marketing business I am now in.

Robert Allen has been on Good Morning America, Larry King Live and the Regis Philbin Show, and he has shared his methods with people in these audiences who have turned around and made tens of thousands of dollars for themselves. One man made over 15,000 dollars in less than 10 weeks using the investment methods that were told to him by Robert Allen. There are many of these instances documented which gives further credence to the statements made by Mr. Allen which concern how easy these methods are for anyone to be able to use.

These are the Real Estate Mountain, the Investment Mountain, and the Marketing Mountain. Chapters 5 thru 14 actually get into 10 different income streams in each of these 3 areas.

Your goal is to establish yourself as a figure of authority to your prospects. You do this by teaching them ways to create multiple income streams for their business. The trick is to create multiple streams of income and stop thinking about just a single source of income. - 2364

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