You know why every person do not understand the power of multi-level-marketing (MLM) business or network marketing business, because they do not understand that it is better to receive 5 percent of the efforts of 100 people than to receive 100 percent of one person’s efforts.
The three beautiful things that Network Marketing Business gives:
Do you know that every successful business and individual takes advantage of leverage? A day has just 24 hours and irrespective of how smartly you work or how much you get paid per hour will be limited by number of hours if you don’t take advantage of leverage. By knowing ways to leverage your time, you can get benefited from a percentage of other people’s efforts, and same applies for them. This method of working radically increase the income while producing more free time for yourself.
The wonderful thing about the Network Marketing business is that it gives same opportunity to everyone for becoming the owner of his/her own business. This all can be your by investing just a fraction of time and money.
In network marketing people who have achieved good positions definitely have a bestowed interest to help their team members succeed!
2) Residual Income
People are not aware about residual income, but some have great knowledge about it. Let me give you an idea on the same, Residual income is repetitive income which you continually receive long after the completion of the work you have done to produce it. There are many ways to generate residual income.
Residual income can be considered as interest that you earn on money kept in bank or investments. You receive this income by investing your time and money to produce it and enjoy its benefit income for lifetime.
Residual income is not at all about getting rich in a short span, but with the right chance it is possible to generate a substantial residual income stream.
Mostly people fail at network marketing because of choosing the wrong network firm or they quit because they expect to produce huge money in overnight. You should understand the residual income’s real beauty which is on the back end, not the front.
Once you build residual income you have both time flexibility and financial security and the ability to do anything that you desire for the rest of your life!
3) Geometric Growth via Duplication
This whole phase depends on if I can teach you this business, I have doubled myself. If we each can teach someone else, we will be doubled. This growth of duplication brings up some amazing results, in terms of good social connections, money, and fame, in a very short time period.