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S3E10: The Two Irrefutable Truths of Network Marketing
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You probably won’t hear this from many Top Leaders in Network Marketing.
NWM has the awesome potential to create residual income however in reality it is more Active than Passive Income for many of its participants!
- Irrefutable Truth #1: In order to create residual income in NWM you need to become proficient in Team Building.
The compensation plans developed by Network Marketing company’s typically rewards the behavior based on your hard work through product sales, new team member recruitment and development, incentive bonuses and rewards however it all relies on your effort…at least in the beginning!
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- Active Income vs. Passive Income
To create residual income you need to build a team and have a Millionaire Mindset of leverage “I’d rather earn 1% of 100 peoples efforts than 100% of my own”
2. Irrefutable Truth #2: Statistically, the vast majority of people treat their NWM income like Lottery winnings.
Winning the lottery is a long shot but holding on to the money has a more predictable outcome!
In one study of winners, 5 years after the big win, 70% of them had spent every last dime of their jackpot.
To avoid this happening to you commit to
- PAY YOURSELF FIRST!
- Build an Income Producing Asset
- Buy Assets not Liabilities
In NWM we’re leveraging people’s efforts through team building to create a residual income!
Start Your Free Wealth Coaching: Text me at 508-905-5561 with a couple dates and times and let’s begin building a financial wall around your family.
Join the conversation on Social: Facebook, LinkedIn, In
The post S3E10: The Two Irrefutable Truths of Network Marketing first appeared on The Family Business.
The post S3E10: The Two Irrefutable Truths of Network Marketing appeared first on The Family Business.
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