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


The New Economy - Making a Living in the New World

Written by Perry Jones


Continued from page 1

As our basic necessities for life and living are temporarily provided byrepparttar state, we must go back to school to learn a trade, to learn that profession we always wondered about. Our dream of being an architect, teacher or doctor is now forced upon us. And we must take up those reins which have been presented to us - and learn.

It may not be easy. It may not be cheap. But it must be done. As we learn that trade or profession we've always dreamed of, other avenues of generating income wait to be explored.

The standard of living for our future lies in how well we grasprepparttar 100363 fundamentals of financial education. We must look to people like Suze Orman, Robert Allen and Robert Kiyosaki, for they representrepparttar 100364 vanguard of our economic future. The jobs we have lost will be replaced by jobs we ourselves create.

Inventions, copyrights, patents, licensing, acting, music publishing, trading in commodities, rental income, income from websites we own, are all just a small part ofrepparttar 100365 great variety of streams of income we will enjoy inrepparttar 100366 future. REIT's, gas and oil income trusts, share-the-wealth and distributed ownership corporations are all just some ofrepparttar 100367 myriad income vehicles we will create and participate in inrepparttar 100368 future.

Shared ownership of corporate robots, distributed ownership in satellite networks, traditional franchises, internet auctions, affiliate programs, ebooks, software development, licensing a game, product, patent or process are all just a small part ofrepparttar 100369 universe of means to provide us with an income which will eventually be many times larger than any income we would have received had we stayed in that job we lost.

A million jobs a year are flowing overseas. Good riddance. Jobs are passé'. The future is upon us. Financial freedom is upon us. The hope and dream of many for decades is now at hand. We are being released - kicking and screaming perhaps - but we are being released nevertheless fromrepparttar 100370 tyranny of work - fromrepparttar 100371 daily 9 to 5.

It is a bold future and requires that each of us be bold individually. We must set our fears behind forrepparttar 100372 future is truly bolder, bigger, brighter and better than any future we could have envisioned just a few years ago.

It is a scary future. For we will be cut off from familiar faces and familiar means of employment at offices and factories and stores and warehouses andrepparttar 100373 McDonald's and Wal-Mart's acrossrepparttar 100374 country.

And for now, what those familiar faces and those familiar processes will be replaced with we do not know. But it will be good. Because we are up torepparttar 100375 challenge, because we are bold, because we are strong, because we are intelligent. It will be good because we are good. It will be good because when tossed a challenge we always win. I have no faith in big out-of-touch government or big out-of-touch corporations. I have faith inrepparttar 100376 individual. I have faith in you.



Perry Jones is a successful entrepreneur and work at home advocate. He has worked with Fortune 500 companies for many years and helped these companies generate millions of dollars to their bottom line. You can obtain further information at http://millionaire1000.1afm.com His free online course regarding home based business and small business is available at http://homecashflow.1afm.com


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