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6 Steps Strategy To Build Multiple Stream of Passive Income

May 13th, 2010

6 Steps strategy to Build Multiple Stream of Passive Income

passive income streams 101 150x150 6 Steps Strategy To Build Multiple Stream of Passive Income

Here is the fact, Many people still do not know what passive income means…and even they know it, there is no plan or action to go about building their journey to financial freedom.

What is Passive Income?
Passive income is an income received on a regular basis which required very little effort on your part to maintain it and Your time involvement is minimum or zero.

When i started to review the implication of passive income to our life, apparently, Our full-time job will never give us passive income, if we stop working, Income Stops automatically. We used our time to exchange for an income and this is called Earned Income.

To really achieve financial success and freedom, we need to evaluate our goals and evaluate what we really want to acheive in life… Everyone wants to spend more time with families and be financially free, but honestly, most people do not know how to really acheive that..

Here, i am going to reveal some options which will stir your strategic thinking on how you can built up multiple stream of passive income after knowing what passive incomes really is all about.

  • Rent from property
  • Dividend and Interest income from owning a Stocks, Bonds and Shares.
  • Royalties from Books or software or any Intellectual Property or patent that you developed
  • Residual income – repeated income from the payment of any program, products or services that must be renew on a regular basis to continue receiving the benefits and bonus from the program
  • Pension received on regular basis.

The key is which passive income generator is really suitable for you. It depends on our current stat and investment which we can afford. Investing in property is something which might need a huge amount of fund.

6 key steps to gear up yourself into creating multiple stream of passive income:

  1. Understand Your skill, passion, strength and financial status
  2. Build Your residual income Based on Your Passion – Network Marketing/MLM business/Affiliate Marketing business opportunity
  3. Develop a solid marketing plan and system to support this opportunity growth and success
  4. Repeat and duplicate the process with other programs and businesses online
  5. Develop your passive income funnel with Portfolio and Property investment
  6. Diversify your investment

These steps will helps to build a steady stream of passive income sources.
One key point to note, it’s not overnight success, its time, effort, persistent and determination to pull yourself throught to realise financial freedom in future…

Hope this really helps to build your Journey to financial success…

Feel free to comment and share with your friends in Facebook or Twitter..

To Your Financial Success,
Allen Tan
Founder of eEntrepreneurs Club

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Posted in Affiliate Marketing, Financial Freedom, Internet Entrepreneur, Leadership, MLM Business, Multiple Stream of Income

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How To Attract Leads To Your Network Marketing Business

April 17th, 2010
Lead Generation Image1 150x150 How To Attract Leads To Your Network Marketing Business10+ Awesome Ways to Attract Leads to Your Network Marketing Business..

Are You Still Struggling how to  get visitors to your Online business..?
There are many ways to attract and get visitors to your offline business.  And there are multiple ways to attract visitors to your network marketing program online and increases stickiness on your website as well…

First of all, you need to understand the real differences in online and offline marketing.. Why should people visit your website and give you all their details…

Here are 10+ Awesome methods to Attract Visitors and Leads to Your Network Marketing Business..
  1. Setup a Blog:
    Start Your Own blog. Post articles about your business, about your market analysis and your latest product reviews. Provide free contents will create value to your visitors.
  2. Offer FREE downloadable ebook on your blog. There are many site which you could find Free ebook or PLR ebook for distribution for Free.
  3. Offer Free E-Marketing Courses. Write a 20 Days e-marketing courses which will create value to the subscribers.
  4. Give Free consultation to people who visit your website. Offer knowledge via email or phone. people will consider this a huge value because consultation fee can be very expensive.
  5. Give visitors a FREE membership to your online club. People want to belong to something, why not your online club.
  6. Offer Free online services or ultilities from your website. This could be Free search enginee submitting, copy writting proofreading etc…
  7. Offer Free software which they could download instandtly. This could be freeware, shareware or demos..
  8. Offer online directory or resources that are full of interesting ebooks, e-zines, websites etc.
  9. Hold a FREE online webinars. This is a powerful ways to attract leads to your business. The idea of live webinar will entice people to visit your website.
  10. Provide visitors with free entry into your contest or competition. The prizes will be something of interest or value to your visitors.
  11. Provide a free downloadable templates or landing page for your visitors.
  12. Create step-by-step videos that teach people on ‘HOW TO’ topic. Or develop a video to talk about process in online marketing..

These should be  more than enough to get your started to attract visitors and Leads to your network marketing business and increase stickiness in your business.  Let Get started. !

To Your Success !
Allen Tan
Founder of eEntrepreneursclub
P.S: To Learn more about how to create online success..  Visit Our Club
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“Discover How to Create Passive Income from Home”

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Posted in Internet Entrepreneur, MLM Business, MLM Lead Generation, Multiple Stream of Income, Start a Home Business, Uncategorized

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How to Generate 20+ MLM LEADs Per Day

April 3rd, 2010

how to mlm1 300x227 How to Generate 20+ MLM LEADs Per DayHow to generate enough MLM Leads for your network marketing business everyday? Without any Leads to your network marketing business, its as good as consider it a failure. There is no doubt why so many network marketer fail is due to the lack of leads to their business…

Here is a general guide, if we are not getting 20+ leads per day to your primary business, the success of your network marketing business will be at risk. A rule of thumb, for every 100 leads, gives you 1 sales. 20+ Leads per day will give you 1 signup per every 5-days or 6 signup per month. This barely make it substainable for a network marketing business, unless, there is truely good support from your uplines ..

How to really generate 20+ Leads per day?  I personally generated 15-25+ Leads per day to my primary business. It can be hard, but it could be easy if you master 2-3 key traffic generation techniques which i will reveal below.

There are Free and Paid methods, and we need a combination of both. To speed up your lead generation, Paid methods usually surpass Free methods many fold. However, free method do have their key unique technique which Network marketer needs to know..

  1. Blogging and Article marketing
    Whether you like writting or not, this is the most effective ways to get target traffic to your business. Get guru to write a 500 words articles or you squeeze it out yourself every day or every week. This is a Must do in order to really succeed in network marketing business.
  2. List building
    I personally use ListJoe, ViralHost and ViralURL. As a paid members of ViralHost, i am getting 10 leads every 3 days. This really add on to my List to my primary business.
  3. Social Networking
    Create Groups related to your niche in Social Networking site. In Facebook, create groups and add as many friends to your groups, there is a maximum limit to the number of members whom can join your group. Send emails out to your members every 2 days to get in touch on news, tips, freebies and finally Offers to your business.
  4. Content marketing / PPC
    I use Adbrite.  It really gives me with alot of Leads to my business. Adword content marketing is effective too. Try a number of content marketing site and identify which one works best for you..
  5. Video marketing
    If you do not feel comfortable in front of a Video Cam. Go for On screen video capturing tools. An on screen video capture tool such as Camtasia is good to create a short video for posting into Youtube or other video sites. Develop a powerpoint slides around your market and network marketing business and show a photo of you. Run Camtasia to capture your slides with your own narration. This works well for any network marketing business you are promoting…

That’s it, i hope these are useful for you. These are really what you need to do to pull in massive traffic and Leads to your network marketing business. If you are on a tight budget, go for the Free methods. The Key is be consistent and you will see results in the long run.

To Your Success
Allen Tan
Home Business Marketing Consultant
eEntrepreneurs Club

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Posted in Affiliate Marketing, Internet Entrepreneur, MLM Business, MLM Lead Generation, Social Network Marketing, Start a Home Business, Stay Home Millionaires Club

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3 Secrets To Internet Network Marketing Success

October 25th, 2009

There has been an increasing number of people who started looking for a second stream of income, While still holding on to their full time 9-to-5 job. There are multiple reasons and one of the key reason is to have another steady stream of income just in case the main stream stops.

Networking MLM business is one of the model which these people are exploring and in additional, many marketers are exploring into growing their network MLM business online by leveraging on the advanced online marketing technique.

Network Marketing is a unique and perfect business model and It’s always amazing to see how successful some people become regardless of the program they are in. Indeed, There are some success secrets if you are seriously looking into exploring Network marketing as a second or multiple income generators…

1. Choose the right Network Marketing MLM program and at the Right Timing

Choosing the program you join is extremely important. Choose the products and service that you love and which you find that will benefits others..

There are many existing MLM companies that are performing very well using network marketing models and they grow into a multi-billions dollar company. These giant company may be selling physical products or services through traditional marketing methods or some using online as a means of marketing their products. If you are someone who wants to simplify and automate your business then one of the secret is that you would want to choose a MLM program that is internet-based and focus on a niche market.

Timing is very critical when you join the MLM opportunity. Once the program is launched and know where you will be positions. You will see new product launched almost every week, When a new product is launched, you will find top experience earners climb to the top and make themselves hundred of thousands of dollars. The key secret is to stay on the mailing list of this top earners and find out what is comming next and getting in quickly which will enable you to benefit from the spillover.

2. Training Program, Coaching and Mentorship

You may select the best MLM program with the best products and Payplan that pays you in multi-level metrics, but if there is no proper training program and Coaching, you will not be able to progress long with your downline…

You will not be able to succeed ALONE in network MLM business, TEAMWORK and upline Training and Mentorship are key to your success. Look for programs that offer consistent coaching and mentorship program..

3. Turn-key Online Marketing System

Go for MLM business opportunity that comes with a complete turn-key marketing system that can help you to build your own mailing list of hundreds of thousands of Leads that you could call upon. You could offer to these leads different MLM opportunities several times a week and this way you will not be running out of business.

There are multiple ways to build a responsive list and one of the effective ways are articles & Video marketing, press releases and co-registeration.

To Learn more on these secrets, visit below link…

Author: Allen Tan

>>  Discover How You Can Make A Steady Stream of Income Online

shmcbanner468x60 3 Secrets To Internet Network Marketing Success

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How To Generate Massive MLM Leads In 90Days

October 10th, 2009

“How to Generate Massive MLM Leads in 90 days?”

To really succeed any MLM business, you need to know the Basic formula, that is

Traffic => Leads => Sales

Understanding how to generate quality Traffic is important to turn into quality leads. Here are some of the ideas which will helps you to generate Large amount of Traffic.

The key to note is that you need to know where the massive traffic are. If we know which site gets the most amount of traffics daily, then put our ads and offer there.

1. Video marketing:- Youtube, by far is the most number of visitors per day. It has millions of video uploaded daily. If you create a 5mins video and upload it weekly. you will gauranteed to generate traffic to your site.

2. Articles:- Article directory like EzineArticles is another place to advertise your MLM business. And its Targeted and FREE. Can u write 10 Articles per week? Within 90 days, you will have 120 Articles grabbing the eyes of targeted traffic on these articles sites..

3. Social Media:- One of the most visited website online. Facebook, Twitter, Myspace alone has over 300Millions of visitors, and we could leverage on this platform to get targeted leads by making a offer to groups of network marketers in these sites.

4. Pay Per Click:-  This is a Paid traffic through search engine like Google, but still alot of internet marketer are using it to get leads. I wouldnt encourage new network marketer to start with this, unless he/she knows HOW. If you have extra budget to spare, go ahead to bid on some targeted keywords.

These are some of the goodl ideas and places where you could redirect traffics to your MLM business. However, consistency is the key to ensure that within the next 90days, follow your plan to make an offer into this places and you will see a nice stream of traffic and leads who are keen in what you have to offer…

To learn more about how to leverage on this sites to generate traffic to your business…visit below link.

Eliminate MLM Failure |    Secrets to MLM Millionaires

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