Are Multiple Streams Of Income A Myth?

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Most opportunity seekers find that generating one stream of income from home is a major hurdle. The ability to earn multiple streams of income seems impossible!

The fact of the matter is that it is possible and many network marketers are beginning to turn their business around as a result.

Multiple Streams Of Income

Some feel it is hard enough to get their primary business established let alone attempt to focus on anything else. This possibility is now a reality. Even though you are building an MLM business which limits you from earning money from both products that are sold and residual income generated by your downline, were you aware that you are allowed to introduce a new process to your business which will help to generate streams of income from your primary business and other sources?

An example of this would be to introduce an income stream generated by affiliates to your business. This would help to generate cash flow immediately. The idea of affiliate marketing is not such a new one within online marketing, but it is new to most network marketers.

Produce Your Own Reports

Write a report on how to make money using network marketing or another area of building wealth. If you are not confident on writing a report get somebody else to do it for you. There are many resources available such as Rentacoder and Elance and these sites are full of authors who will write a brief report for a set charge.

You can then get this report to work by generating leads for you. You can publish this on your site so that prospects can download it free of charge and then be part of your business funnel when they subscribe to your list.

Your report should be structured in a way that engages the reader and makes them wish to learn more about what you are offering. You can then provide them with more information.

Whist you are building these relationships with prospects you can give them access to other resources that promote products that you are an affiliate for. You should only recommend the products of the best quality or else you will lose the trust of your prospects.

Your goal with this period is to make yourself known as a figure of authority to the prospect. You need to teach them the ways in which they can create multiple income streams to their business and you do this by sharing your knowledge.

The trick is to create multiple streams of income and stop thinking about just the single source of income.

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