If anyone wishes to retire on a secure residual income, they must have first spent many years aquiring the means required to retire securely. This may have taken the form of an annuity or pension in the past, but today enterprising entrepreneurs are turning to the MLM Industry to provide themselves with a secure residual income.
What is being written here is to focus on the MLM Business as a means to provide a secure residual income. A residual income takes time to "grow". It is this very nature of the MLM Business that causes many people to fail since they either lose their patience or the capital needed to sustain steady growth in their MLM business.
Since a residual income takes time to develop, the prospective MLM distributor miscalculates how much income or seed capital is required to build not just this type of business, but just about any type of business activity imaginable.
What will be proposed here is a very simple action anyone can take to insure their success in the MLM arena. As a matter of fact, most of the "heavy hitters", in the business employ this method. They just don't publicize it. What I am referring to is the concept of the "funded proposal".
A product that is sold and marketed that pays for itself is a "funded proposal". Many big time MLM operators will first sell you a product about the MLM business. They take all the leads generated from the MLM Business product and then sell you on joining them in their MLM Business.
In my opinion, a "funded proposal", is the only way to operate an MLM Business. You get all the free, targeted leads you need and you never have to dig deep into your pockets again to make your MLM business grow. The time factor which ruins most other businesses you have now eliminated.
"Indirect Marketing" is another name for a "funded proposal". You don't advertise the MLM Business directly to a prospect, but you use the list you gained from selling the upfront product to market your MLM business. Sound mailorder companies have used this principle for over a hundred years. They promote one product and backend sell you another.
In my opinion, there is no easier way to build a secure residual income than with a "funded proposal".
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Before you allocate one more dollar trying to earn a residual income make sure you check out joe cotroneo's excellent site on residual income
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