I have been online for more than two and half year and having read many ebooks, hanging up with seasoned entrepreneurs and mentors. One of the secrets I have discovered is how to build a profitable residual income online. This is one of the biggest mistakes that many marketers make. They focus on a short- term earnings, to make money fast and not on a long-term residual income.
When they do not make money within months or a year of starting their online business, they quit. They forget that to have a profitable home business, they need to build a solid team first and then enjoy residual income from the solid and motivated team for many years to come. The secret is, do the good work once and for all from the start, then you get paid for life. The beginning may be rough, discouraging and sometimes barely break even, but hold on and aim to recruit at least ten motivated leaders or as many serious people as you want until you meet your goal for example, $25,000 per month in residual income.
In order to achieve this goal, you must have a strong desire, belief and vision of a long –term investment for you to yield the desired income for life. As a team leader, you may even give a helping hand to your new members in your team or organization by calling their leads, close sales for them and get paid. This will ensure that you have laid a good foundation to maximize your residual income and will always enjoy the pay back for years to come. This is the profitable secret I wanted to share with you. You can find more information by searching on the internet.
About the Author:
Charles Kaluwasha is the owner of http://www.LifeOnTheNet7.com and reviews popular home business ideas and opportunities to help you find reliable and profitable home business opportunities that actually work. Charles’s #1 home business recommendation is the Plug-In Profit Site, the #1 referral and marketing system that closes all your sales while you sleep but generating real income year after year.
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