The Secrets of Million Dollar Home Based Business Opportunities…

Written by Daegan Smith


Continued from page 1

Why?

Greed… Most people think that all they have to do is pay a few dollars and then money is going to start knocking at there door. Well, you and I know that’s not how it works…

What I failed to mention above about “Bringing Downrepparttar House” was thatrepparttar 100365 students trained rigorously onrepparttar 100366 inner most details of there system before taking it live to Las Vegas. They were prepared for anything and everything and they literally new their system by heart. They set themselves up for success beforerepparttar 100367 ever took a chance! (and that’srepparttar 100368 key too success when it come down to it)

Most home business entrepreneurs dorepparttar 100369 opposite. They don’t prepare at all. They put there money onrepparttar 100370 line, they don’t learnrepparttar 100371 “system”, and then they fail. Then they claim they failed becauserepparttar 100372 “system” didn’t work. Well, it’s my opinion that most home based business entrepreneurs fail not becauserepparttar 100373 “system” didn’t work, but rather because they didn’t workrepparttar 100374 system correctly.

Don’t let this happen to you in your home business efforts. Please feel assured that if you’ve had proper preparation and you work your system long enough thenrepparttar 100375 odds will end up on your side.

Sorepparttar 100376 secret to running million dollar home based business opportunities is very simple and can be summed up in 5 simple steps:

•Spot an opportunity •Create or take advantage of a system to exploit that opportunity • Prepare thoroughly to exploit that opportunity •Then work your system withrepparttar 100377 odds are in your favor until you make a profit •Continue…



Daegan Smith is the Ex-NCAA Wrestler Turned Webmaster of http://www.Perfect-Home-Based-Business-Opportunities.com- Wanna Work From Home? Want a successful home based business? Then you need to check out Perfect Home Based Business Opportunities!




The Three Primary Strengths Of Network Marketing

Written by Kirk Bannerman


Continued from page 1

Now, lets consider RESIDUAL INCOME:

When someone mentions residual income many people automatically think of actors or musicians.

Residual income is recurring income that you continue to receive long afterrepparttar work you've done to produce it has ended. There are lots of ways to produce residual income. However, many people don't understand it, and still others have never thought about or been exposed to it.

A very simple example of residual income is interest earned on money inrepparttar 100364 bank or investments. You continue to receive this income without having to invest any more time to produce it.

Suppose you hadrepparttar 100365 choice of doing a job and earning $1,000 once, or getting paid $50/month forrepparttar 100366 rest of your life...which would you choose? If you choserepparttar 100367 $50/month you obviously "get" repparttar 100368 concept of residual income.

Clearly, $50/month will surpass a single payment of $1,000 relatively quickly. And if it lasts for a few years, or better yet -repparttar 100369 rest of your life - it will really be a blessing.

Residual income is certainly not about "getting rich quickly", even though withrepparttar 100370 right opportunity it's possible to produce a substantial residual income stream in a relatively short time.

Most people who fail at network marketing either chooserepparttar 100371 wrong network organization or just give up too soon and quit because they expect overnight results. It is important to recognize that repparttar 100372 real beauty of residual income is onrepparttar 100373 back end, notrepparttar 100374 front, and that once you build it you haverepparttar 100375 financial security and time flexibility to do just about anything you desire forrepparttar 100376 rest of your life!

Last, but not least, lets address GEOMETRIC GROWTH (DUPLICATION):

The classic illustration of geometric growth isrepparttar 100377 frequently used penny-a-day example.If you save one penny onrepparttar 100378 first day, and double it every successive day, (day two you have 2 pennies and day three you have 4 pennies, and so on) how much will you have atrepparttar 100379 end of 30 days?

The answer, torepparttar 100380 astonishment of many, is $5,368,708! Amazing, but true.

That's a simple and dramatic illustration of how networking can work. If I can teach you, I've doubled myself. If we each teach someone else, we've doubled again. As this duplication or geometric growth process goes on and on, it can produce some amazing results in a relatively short period of time, just like repparttar 100381 penny example above.

So there you have it, understand and apply these three principles

1) Leverage (of Time and Money) 2) Residual Income 3) Geometric Growth Through Duplication

and, given sufficient time and effort, you should enjoy a successful and financially rewarding network marketing experience.

Kirk Bannerman operates his own successful home based business and also coaches others seeking to start their own home based business. For more information visit his website at Proven Work At Home Business


    <Back to Page 1
 
ImproveHomeLife.com © 2005
Terms of Use