subject: Secure Your Financial Future By Creating Residual Income [print this page] An Internet marketing career can possibly give you a steady residual income making your life financially stable. A residual income program is a business plan meant to pay its members income over and over again as buyers visit the affiliate or network partners and make purchases again and again. It is in stark contrast to the struggle that so many ecommerce businesses have with "one time and no more" customers.
So you want to get started as an Internet Marketer?
Here are some things to consider:
1. For your first On-Line business you want to keep your costs down and work on just producing any amount of income. This always seems so easy when you start. Many people assume they will make some money off other people's efforts. Trust me it doesn't always work that way. In reality you work until you make money from YOUR efforts then teach others to do what worked for you. That's why it's so hard in the beginning, as if you don't know what to do you won't know how to show others.
2. Look for as much of a turn key business system as you can find. Consider selling other people's products or services. Most people spend too much money and not enough time promoting their first home business - then if it doesn't pay off in a few weeks they go around telling everyone that "Internet marketing doesn't work". If you don't know how to work it of course it won't work for you!
3. Pick your team-mates like you were hiring employees or even better, marrying them for life! Search for the qualities that will make your business relationship with them successful. Don't waste time on the one's you know are destined to fail. Their success is your success.
4. I know this is not mainstream thinking but when someone asks me what I going to do to support them, ask them what skills, energy and experience they are bringing to the table. I want spend my time supporting people who get results, and are motivated. My time is important too, and I'm in business to make money, not be a counselor to all the people that really just want someone to complain to.
Life is not always a bowl of cherries, but I make the most of it, and I want to surround myself with people who do the same. More than 90% quit within 3 months. I want people who do not know what the word quit means.
Many people are looking for hand holders. It's OK to hold someone's hand from time to time but many just do not want to work hard. As in most occupations the majority of people are waiting for someone else to do all the work. If it's true that every seed gives birth to fruit of it's own kind then find those who are dedicated, smart, hard workers and team players.
5) Think long term. Remember, over 90% give up before making much money. Don't spend extra money just to save time in the beginning. Don't ever allow yourself to be rushed. Sales scams depend on getting others to feel that they must act this minute. Your results will always depend on your efforts, so it's in your hands.
6. BUILD YOUR DOWNLINE: In multi-level marketing it's called a downline. I consider it to be more like a team. Build your downline, support your downline and keep them motivated. It is your downline that will eventually build you huge residual income so you want to be sure you keep your focus on them.
Once you learn how to be a leader you can learn when to serve. You will find that if you focus on making your team money you will end up making more yourself, that is the beauty of it. You do this by learning then teaching. If you build your downline right, you will find other leaders to work with, or they will find you. This is when you will truly begin to build a huge residual income.
