Residual income is where you get paid in the future for work you are doing right now. In the past this was primarily only available to people who did certain things such as insurance sales, royalties on a book or song they wrote, and so on.
Network Marketing for Baby Boomers
Today network marketing is one easy residual income program for average people, particularly Baby Boomers. MLM companies have a compensation plan where you can continue to get paid on the efforts of people you recruit.
The great thing about network marketing is you can build a large distributorship several levels deep and earn income from the purchases and sales of these people underneath you. As your group grows to a certain point you continue to make money even when you are not working.
There are people earning six-figure incomes in network marketing today. They continue to get paid even when they take time off.
Most baby boomers are retired or getting close to it and could really appreciate the chance to develop a walkaway income in network marketing.
One way to earn residual income in multilevel marketing is having people on autoship. Every month they purchase a product you earn a commission. You can automate all this on the Internet with the help from your upline of your mlm company.
You can also use the Internet to prospect for new distributors. This is a much faster way to build your group than doing face to face meetings. Great news for those of us who don’t go out to work anymore, meeting new people every day.
Your MLM company will provide you with the system for prospecting, following up, and enrolling new distributors. You can even train your new members online via social media such as blogs, (like this one) and webinars (online meetings)
The key to it all is keeping things simple so that it can be duplicated by anyone you recruit.
The internet has helped many baby boomers to supplement their pensions, increase their income and give them new purpose. This is such a good and perfect time to choose a Network Marketing company to work with.
To your Success.
The Reawakened Entrepreneur,