subject: Residual Income - Internet Home Businesses - The Power Of Multiplication [print this page] Are you familiar with the penny doubling principal? Day one: you multiply one cent plus one cent to get two. Day two: two cents plus two cents to get four. Day three: four plus four equals eight, etc. Repeat this for thirty days, and the total dollar amount is staggering. But in the real world, does it actually work? Especially in relation to MLM or home business opportunities?
Well, in theory it does. And even if it is only 5 or 10 per cent effective, the income that can be generated from a good multi level (MLM) pay plan using this concept can be very substantial.
The concept is to recruit 5 who get five, who also get 5. If each new member of your team earns you as little as $1 each, the income potential can be quite incredible.
In fact, many people worldwide are earning quiet fortunes from home promoting MLM programs that use this model of multiplication. The key is to find a solid company that will be around long enough for you to reap the benefits.
Residial income is about long term passive income, not about get rich schemes. Without a solid stable company to promote, the long term income will never happen. Choosing the right company is paramount to your success.
Unfortunately, too many internet marketers choose new and unproven start up companies, and then fail because of it. It's wiser to pick a company that has a good track record. Your chances of long term success are much better.
