Posts Tagged ‘MLM’

6 Steps Strategy To Build Multiple Stream of Passive Income

May 13th, 2010

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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Why I Joined Stay Home Millionaires Club?

October 4th, 2009

“Top 7 Reasons Why I Joined
Stay Home Millionaires Club”

I have been into Internet Marketing for many years,  ever since joining SHMC (Stay Home Millionaires Club), it really make me feel its a business that enable me to explode my own home based business.

Reasons why i joined SHMC in Just 5 mins after viewing through the program layout and business potential..:

1.  SHMC product and services can be targeted to ANYONE who wants to start a home-based Online business.  I use the Word “ANYONE”, that means the opportunity is huge and potentially millions of Dollar…

2.  Its not any MLM which sells a specific products to a specific market that is targeted or it may be for any industry where most people will find benefits. SHMC is target to any business you are in, be it if you are a professional or someone owning a offline business…

3. It’s lucrative payplan make it some attractive.  When i first look at it…Wow US$29,523 per month work from home… Is this possible?   After realizing that the fact is this program is for anyone who wants to start a work from home business… and Any MLM’er may need similar product to build that business.  Makes me jump into SHMC right away…

4. Looking at the Matrix bonus, anyone would ask, its may take years to make it happen and make this amount of  money online… However, if we study the Power of Two,  we can make  US$29,523 within 10 months or Less…with this program. Knowing that SHMC is a Internet Business targeting Billions of People Online…

5. SHMC is a Online Product Training and Turn-key Marketing platform that offer to intermediate marketer or beginner, be it if you are a Internet Newbies  or a Work at home mom, or Students who wants to Learn Blogging for money or a Retiree who wants to learn a New Skill or business professional who wants to expand their business..

6. Training is the most important aspect in any business. SHMC offer weekly product and marketing training, weekly grouping,  1×1 coaching and internet business opportunities sharing, weekly webinars… I see no other MLM program or Internet business opportunities that i came across offer such program…

7.  A proven System that anyone can follow.  The system is simple and anyone could easily adopt and start to use it…  Its as simple as 1-2-3.

There are much more than what i mentioned above. But what i wanted to say is that SHMC create a platform that enable all members to achieve success and financial goal in life… if you are someone serious about achieving success in life and be a future Leader in Internet marketing business… We Welcome you!

Visit Stay Home Millionaires Club

MLM Lead Generation

August 21st, 2009

How to go about MLM Lead Generation ?

This is a good question to ask before you spend any money on MLM lead generation choices needed in building your MLM business.

Why would you want to go about MLM lead generation in the first place?

Over the years the MLM business has gotten a black eye because of the over hyped promises of money and freedom. Very few people have ever achieved a high level of success in any MLM business. And even fewer have ever been able to maintain the level of achievements over a period of time.

That does not make MLM companies bad. Nor does it make the opportunities they afford the average person as ways to make extra money or even as a way to drastically change your lifestyle.

MLM lead generation is the way to do it.

There are 2 big benefits of MLM lead generation:

1. It gets you away from approaching your friends and relatives. If you have been in more than one MLM business over the years you may have already approached them and used up your credibility when you were unsuccessful.

2. MLM lead generation is a duplicable way to build your business that you can pass on to your downline. Any successful network marketing business will tell you that one of the main components of success is duplication. Anyone can buy leads and work them over the phone or through the internet with the use of an autoresponder.

Now that you understand some of the benefits of buying MLM lead generation and how to market them, let us now take a look at the characteristics of the best MLM lead generation result.

1. How many times are the leads sold? Many MLM lead companies sell their leads over and over. You will be contacting a prospect that has already been marketed to. Typically, you would want to have leads that are exclusively yours.

2. How old are the leads? Would you rather contact a prospect that has expressed an interest in the past 48 hours or in the past 48 days? Being able to strike while the iron is hot, so to speak, is a great benefit of a fresh MLM leads.

3. How many leads do you get for your money? Obviously the more MLM leads you have generated, the more leads you can buy at a time. This is especially important when you are first starting or when you are helping your downline get started.

4. What is the quality of the lead? Nothing compares to an effective MLM lead generation that contains both a phone number and email address along with a few qualifying answers to questions like “How much can you invest to get started” or “How soon do you want to get started” or When is the best time to contact you?”.

If a prospect is answering these types of questions, you are getting a much better quality lead than if you just have a name and email address.

5. What is the response rate? This will improve as your skill level at working your MLM lead generation improves. But the fresher higher quality leads will give you a better response rate even when your skill level is low.

These are some of the best MLM lead generation qualities. Be careful when choosing a place to get your leads.

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