Residual Income Opportunities Article


Published on (518) 530-1160 There’s never been a time in U.S. history when a home-based business has had the potential it has today. And, one of the prime perks is the ability to leverage time, people, and money while working for yourself. How many times have you heard the statement, “You’re in business for yourself, but not by yourself?” That’s the whole point of teamwork at CCM, and why the site you’re visiting is called “!”

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Residual Income Opportunities Article

  1. 1. RESIDUAL INCOME OPPORTUNITIES Can Lead To Total Life Changes There are a lot of legitimate residual income opportunities that can change your life for the better. I've seen people start with very little money and build a large business just on residual income alone. It takes some work in the beginning, but it's all worth it when you see the money coming your way. For some people, the income is MASSIVE. Residual income is where you do something once and you get paid on it over and over again. Authors of all forms, whether it's books or songs or motion pictures, receive residual income from their creations. The same can happen for some major stars, producers and directors of television shows, movies and commercials. There is nothing better than getting paid over and over again on something you did only once. Today, anyone with desire can earn residual income. That's one of the biggest appeals about network marketing. The same is true for affiliate marketing. Let's look at both a little more in depth. People who are successful in network marketing make the bulk of their income when they bring in new representatives to their businesses. These new recruits will add customers and other new representatives to their business and on down the line to unlimited levels. Many companies offer commissions and bonuses to representatives on the first 7 or 8 levels. After a promotion, you will be allowed to earn more money on each level and deeper in your downline. Many companies will have several different promotion levels and offer more money every time. Affiliate marketing is another popular way to earn residual income. This is where you promote someone else's product and you get paid on any sales that are tracked to you. This could be in the form of a banner ad that is located on your website. The product owner does the majority of the work. You do two things: promote their product and collect their checks. You don't always have to be a customer with many of these companies you promote either. The owner pays you because they wouldn't have received a sale without your help. Many business owners need websites, auto responders, and
  2. 2. other products and services to make their businesses click. You promote these services on your own and when people buy from you, you earn commissions. Some can be pretty hefty. One item I promote has a payout of $90 per sale. If you get 10 sales in a month, that's $900. If you make 100 sales in a month, that's $9000. Whether it's network marketing or affiliate marketing, your total life changes forever. It’s what I call working SMART and not HARD for a living. This is how someone who has very little money to invest can make a lot of money. This is also how someone who has a lot of money to invest can make even more money. Not only is the income problem solved, so is time freedom. People who earn a lot of money with residual income can devote more time to family and friends. It helped me find the time for my kids and all of their sports activities. I have the luxury to drive them to and from practice and watch their games. This was my main purpose for starting a business with residual income. The reality of residual income If residual income is so great, why isn't everyone doing it? Setting up multiple streams of income from affiliate marketing doesn't take long to prepare, but the biggest challenge is getting enough visitors to make some sales. If you have no visitors, you have no sales. A website that you build on your own is the best way to go. There are a lot of web hosts out there that can serve you. There are some that are next to nothing to pay per month. If that's all you can afford, then go for that. However, I suggest getting a host that will help get traffic for you with keyword searches and do follow ups with an autoresponder. In network marketing, the hope is that your new recruit will get some customers and add many representatives to build a big business. The reality is that most people will struggle doing just that. Many people will give up and claim that network marketing is too hard for them.
  3. 3. More often than not, the biggest reason that people quit is because of inactivity on their part. They got excited about the business opportunity one day and lost interest the next. I've heard a lot of different excuses, but the one that usually happens is that a friend of theirs criticized them for spending money on a business. This so- called friend convinced the new business owner that they're not going to make a dime on it. This person is usually broke and has no real knowledge of how to make money. But, the new recruit believes this friend anyway. For some people, it only takes one putdown. They're done with network marketing. To see total life changes for you and your family, you have to have a harder shell than that. Don't listen to people who don't know what they are talking about. It takes some work to get to the point of financial freedom. It will feel like you're doing more work than what you're getting paid in the beginning. This is normal because it is not get rich quick. You're building a foundation to work from. You're also finding your niche on the method that works best for you to build your business. I hear network marketers complain that they're not making enough money because they're not making enough sales. You certainly need some sales, but what these people don't realize is that you need other people in your downline to be making sales. The object is to have more sales in your downline than your own personal sales. You do that by getting as many representatives as possible. When I train a new representative to my business, I encourage them to get just a couple of customers first, then prospect for representatives. I tell them that after a prospect sees a presentation of the business, ask them to be a representative first. If they don't have an interest to do that, then ask them to be a customer. The more representatives you add, the more customers you'll have in your entire organization. I tried Network Marketing before and I will never do it again! I've heard this many times from people who are turned off about the Multi-Level Marketing (MLM) or network marketing business. They swear they will never try it again.
  4. 4. Some people try marriage once and vow never to try it again. How many people have tried marriage again? Some things are better the second time around. For one thing, the internet came along and made the process of approaching people much more appealing. For one thing, I don't do any cold calls anymore. Most of the people I talk to have seen a presentation of my business and know what it's about before our first conversation. I also didn't want to pester my family and friends with the business. There are many inexpensive and some free ways to promote your business without getting too many people you know involved. It's better to tell them about the business after you're making some money instead of begging for their help when you're not. This also makes rejection much easier to handle. I struggled with a couple of network marketing companies before I found one that clicked. Learn more about my opportunity here. If you have any questions or would like more information, please fill out the form below. I would like to help you as much as possible to succeed in your business venture. Want to know more? Follow these simple steps: STEP 1: Listen to this recorded message: (518) 530-1160 STEP 2: Log onto and view the two short videos STEP 3: Log onto Click on the “Join Now” button to sign up. Questions? Call me, Mike Evans, at 720-271-3109.