Have you ever wondered what type of income the wealthiest people in the world use to create their fortune and do it by working less hours?

Most people are relying on the more traditional way of creating an income for themselves and are getting know where fast; Such a way is:

Linear Income

The best way to explain linear income is money you receive when you work or trading your time for dollars. Working 40 hours a week and getting paid one time for those 40 hours. With this type of income your income is a direct result of you being actively involved continuously.

The problem with this type of income is the minute you stop working or get sick the income stops immediately. Meaning with out you being actively involved the income will not come in for you. Yes you may get vacation time but even that has a limit of 1-2 weeks then its back to work to keep income coming in.

Another problem with this type of income is that on your job you are helping your boss live on the Cayman Island or somewhere nice and warm sipping on a Margarita with an umbrella in the glass.

Here’s a good question to ask yourself, “Who’s helping you get to the Cayman Island or live the life of your dreams?

Luckily for you there is such a way to create the lifestyle you read about in the magazines or you hear about on TV. What if there was such a way to earn income continuously from work you have done right one time. Its through a income stream called:

Residual Income

Residual income is income that you continue to receive after a sale. An example of residual income is when you write a book, get paid for the initial sales of the book, but then get a percentage of all future sales. The percentage would be your residual income.

This type of income you see being generated mostly by celebrity singers, songwriters, inventors in the form of royalties.

The best thing about residual income is that it spurs off into multiple income streams for you as well such as:

Passive Income

This type of income allows you to earn income without actively being involved. Think of it this way, right now you are working 40-70 hours a week and getting paid once. How would you like to get paid for that same work you did working those 40-70 hours over and over again.

This is the true meaning of passive income this is what allows your boss to live on the beach while you slave at work all day.

The last income stream Residual Income allows is:

Leveraged Income

This is best described by a quote from one of the past wealthiest men in the world, J. Paul Getty. He said, “Id rather have 1% of 100 peoples efforts than 100% of my own!”

Leverage income allows you to earn income off the efforts of other people. Think it about if you were on vacation with your family and when you returned your bank account increased everyday. How good would that feel?

Antwuan Bell wrote this Article to help people create a Residual Effect in their lives and live the life of their dreams.

To learn how you can sponsor 10-30 reps into your business each month visit: MLM Training Online

Until next time,

Wishing You Success In Abundance,

Antwuan Bell

Why do you want to start or why did you start your home business?

The answer to this question is the determining factor in whether you have major success in the network marketing industry.

Most network marketers go through wasted time in their business not knowing why their not creating success for themselves. Taking this one step before you embark on your journey in this industry will create the lifestyle you are dreaming about.

Countless millionaires have proven it many times over. They speak very highly of putting their why into place before they have their new associates talk to one person about their business.

One big misconception of determining your why many people have is making it all about money. Although money is the main challenge you may be having right now, your why just cant be about the money.

Your why should be emotionally attached to you. I once heard from a top network marketer that your why must make you cry.

What is something that is so emotionally attached to you that you literally will Die to get it? This is how strong your why must be, it should break your heart everyday you do not possess whatever it is.

These are the type of emotions and feelings you should have in your business to keep you going.

The main reason your why should be something so emotionally attached to you that it bring tears to your eyes with even the thought of quitting is because there will be tough times. You will not want to get up everyday and do this business.

Life will get in the way your friends will call you crazy and you will come across those people who will tell you no to your opportunity. This is where your why steps in and help you to say, Some Will! Some Won’t! So What! Next!(SW..SW..SW..N)

So is the reason you started your home-business strong enough to withstand the tough times you will face on your journey to network marketing success?

Here are a few tips for you to implement right now:

1. Write your why down on paper

2. Post your why everywhere(bathroom mirror,refrigerator,bedroom ceiling, bedroom mirror, etc.)

3. Read your why first thing in the morning and right before you go to bed at night

Now go out and create your Why and Fly like an Eagle in your business and life.

Leave me a comment and retweet this post to share the love.

P.S.
If you want to work with a team with visionary leadership, drive, and commitment, and you’re willing to put your ACTION where your mouth is visit Your PlanB!

What are you duplicating throughout your organization? Is it helping you build a massive organization or hurting you?

Let’s start this article by sharing with you what the dictionary definition of duplication is: To make an exact copy of an original.

Are you promoting that through your organization? If you are then you have a producing organization that’s making you hundreds of thousands of dollars every month.

Duplication is where the rubber meets the road for creating real and lasting success.

Its important to know that duplication can either hurt you or help you. If your system is only good for people who have a large center of influence, like most network marketing leaders system are setup, making it completely one-sided. Mainly for people with a business-minded contact list, this is a problem.

What I mean by this is most companies want you to make a list of your family and friends. What if you don’t have many contacts of friends and family on your list? After you talk to those people then what? And if their not business-minded makes that list not worth anything.

The system you use most duplicate down to the newest person. And it has to be “So Simple A Cave Man Can Do It” like the Gieco commercials. LOL! (Funny Stuff!)

With the proper system set in place you will enjoy the power of duplication like the leaders who have built and organization of 10,000 people or more.

Here’s a challenge for you so you can see the power of duplication.

If you had a choice to either take $10,000 a day for the next 30 days or the choice to get paid a single penny everday for 30 days what would you choose?

Halfway there. Do you think it was a good choice to take the penny doubled every day? Sure doesn’t look like it’s adding up very fast. Let’s get back to work!

At the end of 30 days, if you had chosen $10,000 a day you would have $300,000. If you had
chosen the doubling penny. . . you would have more than. . . TEN MILLION DOLLARS!

$5,368,709.12 x 2 =$10,737,418.24…To Be Exact!

On the last day alone , you would have been paid more than Five Million Dollars!
This is the power of COMPOUNDING. In the beginning, when you double a small number,
the result is still a small number. But as you continue doubling, the number gets bigger and bigger and
bigger, and eventually, you achieve MASSIVE GROWTH in a SHORT PERIOD OF TIME.
Look at the chart above. If you took $10,000 a day, by the 24th day, you would have a total of
$240,000. With the doubling penny, your total would have been only $167,772.16. But look at the
LAST FIVE DAYS of the month. With the doubling penny, in those last five days, your DAILY
income grows from $167,772.16 to $5,368,708.80! It’s no wonder that Albert Einstein described
compound interest as, “The greatest mathematical discovery of all time.”

In the beginning it may be hard to see the potential of how large your organization can become. But just like the penny over time you will reap the rewards.

The key to duplication in your network marketing business is; Use the proven principles of success and teach the same thing to other people. Then they do the same with others, and the others do the same too.

I’m sure you’ve heard leaders say your team will do what you do not what you say. Are you doing what you want your team to do? Its always good to ask yourself, If my team did what I did today how much money would I have made?

If your not happy with the answer GET MOVING!

Hopefully this series of blog post have been of value to you and make you aware of the 4 Major Problems Network Marketers Face.

Leave me a comment with your thoughts…

Tomorrow I will show you a System that has caused a buzz like no other system out there. Stay Tuned….