Build a Strong Foundation With Residual Income

What is ‘residual’ income? It is income where you make a sale one time and it generates income on a regular basis going forward. Residual income can even be earned on multiple levels. For example if you refer someone to an affiliate program, you make a commission for a percentage of the initial sale. In the future when your customer pays their membership fees for the program each month, you earn a percentage of that as a commission. With ‘multi-level-marketing’ you may also receive a percentage of the commissions when your customer makes sales of their own.

rainbow

So the idea is that you have income that continues to generate as a result of that initial sale for as long as your customer remains active in the program. This would also be true if you were directly selling a service, for as long as your customer continues to use the service.

Usually if you ar

Benefits of Being an Internet Affiliate Marketer

There are actually many benefits of being an affiliate member of an Internet program. One of the primary benefits when you are new to Internet marketing, is the fact that the program handles the customer service for your prospects and applicants.

magnetic marketing

All you really need to do as an affiliate is marketing and advertising; and then eventually to collect your commissions. The program will handle any questions the prospect might have pre-sale, perhaps to determine the suitability or some issue that may be stopping them from joining. As well, during the application process there can be problems or issues that need to be resolved before the person can proceed.

Internet marketing is not exactly like ‘network marketing’ where there is necessarily phone or other personal contact with prospects or even customers – it may be only an impersonal email that yo

Are You Really Serious About Starting a Home Business?

If you are really serious about starting a home business and expect it to be successful, then you really need to get serious about it. You have to treat it just like a job – schedule your time to work on it just like you would have hours where you are expected to show up and perform for a job.

start up business

If it was a job, would you have the attitude that you will do it if you get a chance, and if you can squeeze it in to your social calendar? Not likely because you wouldn’t have the job very long if that was the way you handled it. It is the same concept with your own business – you need to take it seriously. It has to be a priority.

You really need to make your home business work schedule part of your business plan. Determine how many hours you have per day or per week to work on your business. While you may have a day job, a family and pets, etc. t