Posts Tagged ‘network marketing’

E-Book Giveaway


 
It is more important than ever to create your own economy. Entrepreneurship allows you to start a business in an area you love, work at your own pace and build a future for yourself and your family.   Network Marketing is a great option to get started with. Typically the upfront cost is more manageable, you can work part time from home and with the right training you can create an unlimited income. This e-book giveaway helps you understand the foundation of the network marketing industry, the different types of compensation plans and some pitfalls to avoid.  Download your copy today.
 
 

Mastering Relationships Part 2

In Mastering Relationships Part 1 we went over a checklist of questions to ask yourself in an effort to help master your relationship with others.  Now that you have hopefully given yourself an assessment and know where your strengths and weaknesses are it is time to build upon this list.
 
Negotiation
 
For a moment think of a relationship as a “negotiation”.  Mastering relationships requires you to keep the “and” in mind.  In other words, How do they get what they want AND you get what you want?  A key tip is to always think of them first.  As I refer to many times, one of my montras and Zig Ziglar quotes, “You can have everything you want in life if you help others get what they want.”  This is not just a montra or quote but a true philosophy of life that when understood, embraced and executed will bring your relationships to a new level of mastery that can only be lived to believed.
 
Is the battle worth fighting?
 
How many times do you find yourself in a battle or argument and before you know it you forget why you were even fighting or arguing in the first place?  So often we feel like we just have to be “right” regardless of any other feelings.  The real question should be do you want to be “right” or happy?  To be “happy” first means you have to not care who is “right”, you are willing to rise above your inclination to have the last word and in essence ask yourself, “Is this even going to matter in a day, a week or a year?”  Grasping this way of thinking helps you grow one step closer to Mastering Relationships because you start to look at yourself and others in a completely different perspective and are able to evaluate what is worth truly standing your ground on and what is better just to rise above, walk away from and live to “fight” another day.
 
Agreements
 
Relationships are not only negotiations and the occasional battles but also about agreements.  A person who has mastered relationships understands that agreements start with complete clarity from the beginning.  Nothing is left vague or misunderstood.  Agreements are often much more powerful when put in writing.  This is very necessary when entering into a business relationship with others.  Mastering a business relationship means that both parties know exactly what is going on and the goal is of the relationship (or partnership).  Occasionally we may jump into agreements that are not even clear to ourselves.  This can become a tremendous hinderance as we cannot expect to be clear with others if we are not even clear with ourselves.
 
Growth
 
Mastering Relationships also require you to surround yourself with people who will help you grow.  Understanding the difference between a relationship that encourages your growth and a “friendship” that hold you back from reaching your greatness.  Knowing the importance of walking away from these relationships, as difficult as it may be at times, shows yet another step toward Mastering Relationships.
 
The circle of growth
 
You need to grow, to grow is to learn, to learn is to teach, to teach is to grow!
 
Get out there and Master the Relationships you have in your personal and professional lives using the checklist, the suggestions and even your own ideas that develop from applying them.
 
 

Residual Income

Residual income means the income received from time to time for something you did in the past.  This also means income from work done by other people under you in a network.
 
This is general related to network marketing and Multi Level Marketing. All the companies use this term to market their concept to the people.   Residual income increases with time and effort.  It gets manifold over time as the number of people in a network increases.
 
There are various opportunities available. Some of them are residual income from books written, from acting, from property, from real estate, saving and investment programs etc.  Associate programs are also a way to get it.  Affiliate and reselling associates are the same residual income opportunities.
 
Residual income varies depending on the company and the number of people in the line. Various companies offer various percentage of residual income to its members. Some offer a small percentage and some offer very good income opportunities to its members.
 
It will be there for your whole life if you work hard.   It is better than the linear income, because linear income comes once for hard work, but residual income keeps coming in the future.  It is best if you have exclusive right over the residual income you are getting. You should be able to control the income you are getting.
 
When you get some people under you in the network, then your income increases. You can earn income for the purchase of the products yourself.  You will also get share of the income others do under you in a network.  So your residual income increases three ways: one, it is directly related to you, second the other is the income from sign ups by the people under you, and third, one is related to the income or purchase by the members under you.
 
As your network business grows slowly, you have to put less hard work and effort. You will gain from your work as well as from work of others who will be helping you increase your residual income by their efforts.
 
Choose a network marketing program that offers good opportunity for its members. Look for a long term association. In the long term, you will be benefited by the income from those programs.
 
To make more residual income, you have to grow your business. For growing your network business, you have to promote it. Continuous effort and promotion will help you in getting a better position in the business. You will have to attract more and more people, you have to show them proof of what you say, show them the income potential from the business, and then they will think of joining you. You have to think for a long term while doing this business.  Long term techniques you better over short term tactics.
 
Build a team to earn more residual income. This is one type of cooperative marketing. When you cooperate and get cooperation from others, you make more residual money. Become a team leader and lead the team for better growth.