I consider this topic as a fundamental when it comes to talk about MLM network marketing. WHY? Because when you are looking for a different way of making your living, it does mean that you start to think about HOW to be free, not only of debts but also free of doing what you really don’t want to do, free of travel to places you always have been just dreaming about, free of buying the kind of things that you know you and your family deserve but unfortunately you can’t afford. Well when you get to this point of life the first step that you must accomplish is look for the right information, and here is where this article fits in your life. Furthermore let me explain what is LINEAR INCOME and RESIDUAL INCOME: Linear Income is the kind of income that the vast majority of people depends on, it is when people trade their Knowledge, their physical effort or both for MONEY. This system has the biggest limiting issue in the world and it is that we, us a human beings are limited to a 24 hours a day and you should dedicate at least 6 h to rest, sadly nobody can alter this fact. As a result of this in the Lineal Income, if you get sick for a whole week you won’t be paid for that time and this not just happen to employees, if you are a small business entrepreneur, say something a mechanic and you work at your own garage you will be in the same situation,if you get sick, you won’t be able of make any money during that time. On the other hand RESIDUAL INCOME is the one that allows you to gain MONEY even if you stop working; this is the kind of income that people who are doing MLM (multilevel) business are making every single day on and on. However it doesn’t mean that Network Marketing is an easy way of gain lots of money effortlessly, this is not an overnight way of getting rich (if you want this keep buying lottery). RESIDUAL INCOME is alike the Royalties that an artist and writers gain ever after they record a song or write a book. This is the power of Residual Income that after you get done your job well done once you will be getting those royalties forever. But as mentioned before this is not a “get rich quick” formula. To become successful in the Network Marketing Industry you will need: a very strong WISH in life, determination, effort, knowledge and LOVE for what you do and for the PEOPLE who work with you in this Opportunity; and this last one is maybe the most important one because in this MLM business is not just about Money, is more about People and how we care about each other in order to reach our goals and accomplish our DREAMS. Take a look of the following chart:
Linear Income Residual Income
Working time 8 hours/day 2 hours/day
Retirement after 30/40 years * 2 to 5 years
Boss and schedule No boss and freedom of time *This alone is the topic of future posting Let me just to mention that 6,000,000 new millionaires in the USA today, 20% who have reached affluence in the past two years have done so by leveraging their time… and they did it using something called referral marketing better known as NETWORK MARKETING. that’s why famous and Rich people like Donald Trump and Robert Kiyosaki are such passionate advocates of referral marketing and developing residual income streams. “The richest people in the world build networks, everyone else looks for work.” Is one of the most known phrases from Robert Kiyosaki. So if after reading this article you feel motivated to go for this kind of income you can research for a good MLM company to work with but before do it, I advise you to go and read through my past postings to be aware of how to look for the right MLM company and not to be another victim of unscrupulous persons that will scam you. Otherwise I invite you to take a look on this blog of My Opportunity.