It’s a phrase used more and more in our society today. It’s true, we need Multiple streams of income in order to survive. The old philosophy of getting a good job and relying on it to keep us afloat is no longer current. Here’s a simple question. Could you use an extra $300-$500 extra a month? I know, it’s a silly question.
Having Multiple streams of income and what it means to you.
Do the math, $400 per month for a year is approx. $4,800 extra per year. Would that give you 2-3 months of your mortgage? Maybe it would be your car payment for the year. How about a week vacation to Cabo San Lucas, airfare included? Network Marketers know how to think outside the box. It’s one of the reasons why they are so optimistic all the time. Most people wouldn’t put any time into something that would generate hundreds of dollars a month because they don’t think it’s worth the effort. How hard do you have to work to make an extra $100 per week? That’s the equivalent to the numbers suggested above.
Okay, that was for the NON-NETWORK MARKETERS.
Multiple streams of income for Network Marketers.
This tends to be confusing for a lot of NMers. Having Multiple streams of income doesn’t mean that you sign up for everything that comes along. That is actually home business suicide and bank account draining. What I am talking about is sticking with your primary company and having accent or affiliate companies to assist you to success. Having multiple Network Marketing companies will take up too much time and show that you don’t have the proper leadership to lead a team. It is very confusing for someone that is joining your team to see you promoting more than one home business. It can throw off a vibe that they have to do the same.
Multiple streams of income with a Primary Company and Affiliate of Assisting companies is where the money is. Take my Primary Company for example. I promote this company using an Attraction Marketing System. Here’s the design of having affiliate programs. With my attraction marketing system, I am able to use it for training for myself, for my team as well as creating an extra stream of income. Pretty cool. Here’s how it works. Through the many ways attracting people to my business, I start talking to someone. (Now, I typically talk to people that are already in network marketing) One way or another, we get around to my Network Marketing Company. They either like it or not. If they do, great…if not, great too. Now I am able to talk to them about my Attraction Marketing System. You see, most people in network marketing are struggling in their company and are looking for something to help them create more leads and create a bigger income. That’s where the affiliate marketing comes in. You can sell that person your marketing tool to help them and to increase your income. Pretty cool right.
Quick breakdown. You approach a Network Marketer with your business, they don’t go with it, you offer then your affiliate marketing tool in order to make money on the back end…Sweet Stuff.
So there, that’s my take on Multiple streams of income. You can create money coming in from all over the place, all you have to know is how to do it.
Have an opinion, leave a comment.
“To your legacy”