Residual Income - Making Money While You Sleep

Written by Frann Leach


Continued from page 1

Choosing like from like

Right, so you have a number of network marketing businesses to choose from, all within your investment budget, with products and markets you can deal with confidently. The next step is to check out

  • how much isrepparttar initial investment?
  • how long does this cover you for? a year? a month?
  • isrepparttar 116576 product a 'pre-sold' consumable? (eg. gas, water, telephone, broadband, electricity)
  • do you need to keep stock? if so,
    • do you have to pay for your initial stock on top of your initial investment?
    • how much space will you need for storage?
    • is this a perishable product? if so, how long before you have to throw it away?
    • what isrepparttar 116577 company's policy on returns?
  • is a website included inrepparttar 116578 package, or do you have to pay extra for this?

In general, holding stock, dealing with deliveries and returns, is a nightmare and best avoided. No matter how wonderful your product, people will change their minds, send things back, and repeat business is not guaranteed.

The best product is what is called a pre-sold consumable; these are products your customer uses regularly, and is billed for monthly or quarterly. So long as your product is well priced and properly supported byrepparttar 116579 company, you will findrepparttar 116580 highest levels of residual income from these products. They haverepparttar 116581 added advantage that you never have to deliver electricity inrepparttar 116582 rain, or pay a refund for unwanted water and then wait forrepparttar 116583 company to reimburse you.

You may think a website is unnecessary. But, really, here you are trying to find an opportunity onrepparttar 116584 net. If you do set up in MLM, you will be trying to recruit others to work in your downline. Don't you think a website would be a good idea? Yes, I know you can set one up for yourself, but unless you are wealthy enough to pay someone, or skilled enough to write your own, it's not going to be a patch on what you would expect. You have to have something that can impress a potential prospect. It should both sell your product and act as an aid to recruitment. Inrepparttar 116585 longer term, perhaps you will want to augment your free site with others, but when you first start, a good quality free website is a definite plus.

What aboutrepparttar 116586 residuals?

You should look atrepparttar 116587 potential residual income with care. The main rule to remember is: avoid 'forced matrices'. If you have a choice between one MLM with a forced matrix and one without, go forrepparttar 116588 one without. The forced matrix restricts your income.

The second rule is: chooserepparttar 116589 matrix (not forced) withrepparttar 116590 highest number of levels. The more levels,repparttar 116591 higher your residual income will end up. It's a bit hard to explain briefly, so I won't try. All I will say is, you want to be able to go as wide and as deep as you can. In my opinion,repparttar 116592 best opportunity available inrepparttar 116593 UK and Europe for residual income is Tiscali. This opportunity is expanding allrepparttar 116594 way across Europe, fromrepparttar 116595 UK, across Germany and Spain and on viarepparttar 116596 Czech Republic - well, watch this space!

Inrepparttar 116597 US, you might want to joinrepparttar 116598 IAHBE here.

Finally, let me wish you as much success as you deserve in your new venture.

Top © Frann Leach, 2004


Frann lives in Edinburgh, Scotland. She has her own internet marketing business and is always on the lookout to recruit go-getters like herself. Find out more: here


MagicMoneyTripler

Written by Ana Hamid


Continued from page 1
opportunity to triple your money. http://magicmoneytripler.com/?successonline

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