May 13, 2009

10 Ways To Start A Residual Income Stream Through Network Marketing 1

Net­work mar­ket­ing is a great way to start a resid­ual income stream. But when you’re start­ing out it can be hard to tell what’s going to be good and what’s going to waste your time and money.

Check out this arti­cle that runs over the basics of what makes a good net­work mar­ket­ing oppor­tu­nity and how you can start one now.

moneycompass

“Top 10 Ways to Choose a Great Net­work Mar­ket­ing Opportunity

There are a few net­work mar­ket­ing oppor­tu­ni­ties that are just scams. There are far more that may be well-intentioned, but have a poor track record, for any num­ber of rea­sons. So how do you sep­a­rate the wheat from the chaff? Here are ten tips to help you pick the right net­work mar­ket­ing oppor­tu­nity for you.

1. Has the com­pany been around for at least 5 years?

If you want the efforts you put in today to pay off for many years in the future, choose a com­pany that has proven that it will be around for the long term. 90% of all net­work mar­ket­ing com­pa­nies FAIL within their first 2 years. You don’t want to invest your pre­cious time and resources (not to men­tion your future) in some­thing that may not be in busi­ness next month, do you?

2. Is the com­pany well capitalized?

In other words, does it have the cash that it will need to grow, to main­tain a solid infra­struc­ture, to attract tal­ented man­age­ment, to keep pace with tech­nol­ogy — and, of course, to pay your com­mis­sions! (I pre­fer pub­licly traded com­pa­nies because they’re required to dis­close their finan­cial con­di­tion in DETAIL every 90 days to the SEC and other gov­ern­men­tal agen­cies. You may not be able to obtain this infor­ma­tion on a pri­vate com­pany, so you’ll be tak­ing a risk on its finan­cial condition.)

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One Comment on “10 Ways To Start A Residual Income Stream Through Network Marketing” - Post your own?

network marketing guide says 2 years, 8 months ago

Great arti­cle about resid­ual income. This is the very heart of net­work mar­ket­ing and the ele­ment that enriches so many lives. If folks would prac­tice a lit­tle due dili­gence like what you have sug­gested here, things would be much bet­ter for them.

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