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How to Create Residual Income From Home

The concept of creating residual income from home is really not as “out of grasp” as most people think. In the era of the Internet, there are a number of ways you can use technology to create additional income, multiple streams of income, and a full time income from home. There are literally endless opportunities for creating wealth on the Internet… so I am just going to focus on my favorite.

My personal choice for creating wealth and a residual income from home is, bar none, through network marketing. The network marketing business model is truly a winning business model. We are able market products or services and build a massively successful business without any of the risks associated in a traditional business. The company handles all the hard work for us, including: product development, inventory, shipping, billing, accounting, and customer service. All we have to do to create a residual income from home is refer our products and introduce our business opportunity to others who are potentially interested in creating a residual income from home as well.

Through proper training and mentoring, you can learn how to be an extremely successful network marketer, down to the science, and create a lifetime of residual income from home for you and your family. This, not only, gives us the financial freedom we seek, but also gives us time freedom as well. And, this is why; I absolutely believe this is the best business model in the world.

Network marketing is not just about making money though. It is about creating relationships, making friends, and growing and developing the entire time. This is truly a journey of personal development with a very lucrative compensation plan attached.

So, I highly recommend network marketing, as my first choice, for creating freedom and a residual income from home.

My training and mentoring program will provide you with the knowledge and skills needed to use technology and the Internet to create multiple streams of income and successfully develop a lifelong “Residual Income” from home. For more information, please click the link below to visit my website.

http://www.residualincomefromhome.com/

Yours in mastery,
Aaron Jenkins

Article Source:
http://EzineArticles.com/?expert=Aaron_Jenkins

The Power of Residual Income and How it Will Create Financial Success For You

Residual

Residual Income Explained in Plain English.

When deciding on a potential business, it is important to understand that no matter how you want to slice it, sales drives a business. If you are not sales driven, then you should not consider getting into business for yourself. I know that may sound a bit harsh, but the truth of the matter is, no matter what industry or product line you wish to affiliate with, the bottom line is you will need to market, promote, and sell it to someone.

With this in mind, it is also important to understand the different types of compensations that are offered, in sales. No longer is the buy at wholesale; sell at retail, and keep the profit margin the only method for compensation.

The main and most well known method for sales compensation is, of course, commission. The sales person receives a percentage on the sale price (usually the NET sale price). This, of course, varies a great deal depending on the product, the company, the item(s), etc. An insurance salesperson can earn up to 55% commission, when selling a life insurance policy. On the other hand, a real estate agent may only earn 5 -7% commission on a sale. (However, it should be noted that a real estate sale can be HUNDREDS of Thousands of dollars, which more than makes up for the “low” percentage.)

There is a very powerful compensation policy, which many seasoned sales professionals seek out. RESIDUAL commissions are probably the most lucrative of all compensations. This is when a sales person makes a sale, and is given their initial commission on that sale. However, it does not stop there. Every time the customer purchases again, re-orders, again or renews again, the salesman receives an automatic commission on that repeating sale. The commission is paid, even if the salesperson never returns to that customer to make another face to face sale.

Residual commissions are what make insurance sales very popular, as the agent only needs to sell the policy once, and then when the client pays their monthly premium and/or renews their plan, the agent receives a residual commission. These residuals are usually less than the initial commission, but when you add them up, over time, they create a sizeable steady income.

Residual commission compensation has spread to other industries, It is an important part of most multi-level marketing businesses, and has been adapted and tweaked to be even more lucrative, over the years.

When deciding on a business to affiliate with, make sure it offers a strong and lucrative residual income compensation. In all reality, residual income is the key to a very successful and long lasting financial future.

See you at the top.

Here is a choice of EXCELLENT and LEGITIMATE online businesses you can start for LESS THAN a pair of shoes. Visit: [http://www.freedomcashroad.com] and start your own profitable internet business for less than it would cost to go out to dinner.

If you are a motivated individual, looking to dramatically increase your income, and have a LOT of fun doing it. then partner up with me. Please visit: [http://www.easycashroad.com] Please be advised that this website is of an adult nature.

Article Source:
http://EzineArticles.com/?expert=Jerry_Robkoff

Residual

Make Money Online

Make Money Online

Make Money Online 

Make Money OnlineDescription:

Actor: Stephen Luc

Binding: Amazon Instant Video

Creator: Stephen Luc

Creator: The Online Business Profit System

  • Director: Stephen Luc
  • Genre: Nonfiction
  • ProductGroup: Movie
  • ProductTypeName: DOWNLOADABLE_MOVIE
  • ReleaseDate: 2009-10-07
  • RunningTime: 78
  • Studio: The Online Business Profit System
  • Title: Make Money Online & Work from Home – (Video Series #1)

Price: 37.95

Make Money Online

Affiliate Marketing – How You Can Mint Residual Profits From Affiliate Programs

Affiliate

Do you want to claim your share of the huge affiliate pie?

It is indeed true that the internet holds millions of dollars waiting to be claimed. There are several ways to lay claim to your share and creating residual income through affiliate programs is only one of them. The three steps below can get you started on the road to great residual income from affiliate programs.

1. It is easy but needs work

Several people start an internet business because they are looking for quick success and have perhaps been lured by some intelligent internet marketers. Creating residual income through affiliate programs while being relatively easy does require some work from you and constant monitoring.

2. You do the marketing and the rest is taken care

The advantage with affiliate programs is that you can focus entirely on the marketing front while the merchant takes care of developing products, launching them and maintaining them. Other attendant details like creating sales page, payment terms, customer care, delivery logistics are all catered to by the merchant. Your job is to bring visitors to the merchant’s sales page.

3. How about the residual income from these affiliate programs?

Affiliate marketing is all about your ability to recruit people to work under your link. Once you have developed an efficient down line or a set of people working through you, you will shift the focus to identifying products for these people to promote. Obviously, whenever they earn commissions from sales, you automatically get credit for your share and this represents residual income from affiliate programs.

Fabian Tan is a well-known Internet Marketing expert and the author of the popular 45-page Report:

“Murder Your Job: How To Build Cash Sucking Autopilot Businesses In 30 Days Or Less!”

Head over to http://www.MurderYourJob.com to get your FREE copy now!

Also, quickly download his FREE “Explosive Traffic System” report that shows you how to generate 10,000+ visitors per month at no cost! => http://www.ExplosiveTrafficSystem.com

Article Source:
http://EzineArticles.com/?expert=Fabian_Tan

 

 

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Affiliate

Make Money Online Video Series

Make Money

Make Money Online Video Series

make money

Description:

  • Actor: Ken Walker
  • Binding: Amazon Instant Video
  • Creator: Ken Walker
  • Creator: The Online Business Profit System
  • Director: Ken Walker
  • Genre: Nonfiction
  • ProductGroup: Movie
  • ProductTypeName: DOWNLOADABLE_MOVIE
  • ReleaseDate: 2009-10-05
  • RunningTime: 105
  • Studio: The Online Business Profit System
  • Title: Make Money Online & Work from Home (Video Series #6)

Price: 37.95

Make Money

Make Money Online & Work from Home – (Video Series)

Make Money Online

Make Money Online

Make Money Online

Make Money Online & Work from Home – (Video Series

Description:

  • Actor: Steven Luc
  • Binding: Amazon Instant Video
  • Creator: Steven Luc
  • Creator: The Online Business Profit System
  • Director: Steven Luc
  • Genre: Nonfiction
  • ProductGroup: Movie
  • ProductTypeName: DOWNLOADABLE_MOVIE
  • ReleaseDate: 2009-10-02
  • RunningTime: 84
  • Studio: The Online Business Profit System
  • Title: Make Money Online & Work from Home – (Video Series #2)

Price: 37.95

Make Money Online

How To Earn Residual Income With A Work At Home Business Opportunity

Residual Income

Home Based Business Opportunities.Any opportunity that allows you to work at home and earn residual income is very popular in recent times. Residual income is the income you continue to receive long after you complete the work. It is perpetual. Normally, you receive income in the form of wages and salaries for the work you do now. Hence, you need to continue working to earn this income. However, with a residual income opportunity, you can start to work at home and earn residual income not only now but also in the future.

Importance of Residual Income

The regular income that you receive from your business or job helps you meet standard expenses of you and your family. If there is any unforeseen happening like an accident or illness, it becomes difficult to manage all expenses. Rather, you have to use your regular income for such expenses and your financial situation looks grim.

The residual income you receive from any work at home business opportunity remains as a safety cover and proves useful in such calamities. Work at home and earn residual income opportunity is an additional income and therefore there is no specification of how much time you should put in or how much you should earn through this business – The more the better. You can also put aside such income as a retirement plan.

How to Earn Residual Income

Making money from an opening that allows you to work at home and earn residual income may not be easy or immediate. Yet, you can try to put in as much time as possible so that this income opportunity grows and continues to yield income for long.

Some such opportunities include:

o Writing Books: Writing books and novels or penning down songs and poetry could be a hobby for many. You can convert this hobby into an interesting source of income. You can earn royalties from your book or songs as long as you have the copyright. If your book is turned into a movie or your songs and poetry is used, you earn royalties from such copyrighted material for your lifetime.

o Multi-level Marketing: You market goods and services to others and they market it further. You not only earn from your sales but also from the sales of other marketers under you. This is multi-level marketing. This income opportunity is a long-standing opportunity and it continues to deliver income irrespective of how much sales you make.

o Real Estate Investments: Invest your money in a building or property. You receive rentals from such properties. Such residual income remains in place as long as you own the property.

o Internet: The Internet offers numerous business opportunities that allow you to work at home and earn residual income. These opportunities may require you to work for some time initially. Eventually, you keep earning even without working.

Carmen Bodden is committed to finding the best home based business ideas and opportunities. Discover some of these programs that may give you the opportunity to work at home. http://www.LCBWealth.com

Article Source:
http://EzineArticles.com/?expert=Carmen_Bodden

Residual Income

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