Creating Wealth with Residual Income in Network Marketing/MLM
by ohana network · Filed Under: Network Marketing and MLM
Evening Folks,
I want to talk about something that is so important in this industry that I can’t believe I’ve never discussed it before. Residual Income!
What is residual income? It’s the reason I got into this industry. Residual income simply means getting paid over and over for work that you’ve basically done once. Sounds simple enough but how does it work?
Well, I’ll explain. There are many different network marketing businesses out there. Some market products, some market services and some market both. I’ll use a product as an example. Let’s say your company markets nutritional products. Most likely the products are sold in 30 day supplies. Well they are considered consumable products that, assuming they are great products, will be ordered on a recurring monthly basis, otherwise known as ”auto-ship”.
Let me tell why this is so huge. You sell the product once, but continue to get paid monthly as long as the products stay on auto-ship. Say for example that each recurring auto ship on a particular product is $5.00. That may not seem like a big deal but what happens when that multiplies by 10, 20, 30, 100 customers a month! Can that happen? Yes it can and those are small numbers. Not to mention that I only spoke about first level residuals. I did not even take into account the money that a networker could earn from their team members businesses. There are network marketers who earn $100,000.00 a month and more in residual income. The income potential is even greater than that for those who market online.
Any business that produces a residual income is considered an asset which is a key to wealth creation. Network Marketing is not only great for the up-front money but offers true financial freedom through residual income.
Get it and get free!
To your success,
Stacey McCray







