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3 Steps to Make Passive Income on the Internet
Posted 25th November 2012 at 12:31 AM by GT
3 Steps to Make Passive Income on the Internet
The three steps to make passive income on the Internet that I will list here today are basic. Very basic. I know that some of you would like to see more meat on these bones, but I am keeping these three steps generic so you can apply them to the home business marketing plan of your choice – if it can accommodate these steps.
Not that I don’t have a favourite plan that I am following and earning monthly income from, but the posts in this Warrior blog section are supposed to be informational, not promotional. I do my best.
Here we go.
Everybody’s aim with Internet Marketing should be to achieve a state of steady, ongoing residual income, otherwise referred to as passive income. That is the kind of income that keeps coming in, month after month, whether or not you are actively working your business.
It can be a challenge to find a marketing opportunity that allows for this, and for many aspiring marketers, it can be a bigger challenge to effectively set the foundation in place to make it happen.
Here are the three steps to make passive income on the Internet, and yes, they are basic. Skimpy. But you should be able to get the idea and then examine your current opportunity to see if the steps will work with it, or if, instead, you will need to find a different opportunity.
Step 1. Align yourself with an Internet income opportunity that has an affiliate compensation plan that allows you to build a team and rewards you for doing so. The idea is to build group sales volume on which at least part of your rewards and compensation are based.
Step 2. Make it your number one priority to become a leader in the organization. Be the example, set the pace and demonstrate enthusiasm and excitement. Once you have firmly made this your mindset, then work hard to sponsor new affiliates into your group and identify five who will be as enthusiastic and committed as you are. Focus on helping and guiding these five.
Step 3. Train those five to duplicate these same three steps.
That’s the basic plan. Once you have five leaders who will in turn sponsor, train and duplicate the way you have done, your organization will grow, your group sales volume will accumulate and your passive, residual income will begin to flow.
Once this happens, do not walk away from your group. Stay connected as a coach and inspirational leader. People are transient and some of your leaders might fall away to other opportunities, so it is good to always be training new leaders to take up the slack.
Work diligently to apply these three steps to make passive income on the Internet and your financial future will become more secure than you might have thought was ever possible.
GT
Home Business Resources
For more info on this topic, read my post, Your 3-Step Plan For Passive Income Online
~ ~ ~
* Your Own Online Store Website – 58,000+ items: Earn Direct Commissions and Residual Income!
* Home Business Opportunities and Affiliate Resources
* Free Article Directory – Blog Post: Submit to this directory TODAY!
* Reinventing Your Life – Make the Rest of Your Life the BEST of Your Life!
* Follow Me On Twitter ===> MyPowerSite <===| gtbulmer | StarrBizzcom
The three steps to make passive income on the Internet that I will list here today are basic. Very basic. I know that some of you would like to see more meat on these bones, but I am keeping these three steps generic so you can apply them to the home business marketing plan of your choice – if it can accommodate these steps.
Not that I don’t have a favourite plan that I am following and earning monthly income from, but the posts in this Warrior blog section are supposed to be informational, not promotional. I do my best.
Here we go.
Everybody’s aim with Internet Marketing should be to achieve a state of steady, ongoing residual income, otherwise referred to as passive income. That is the kind of income that keeps coming in, month after month, whether or not you are actively working your business.
It can be a challenge to find a marketing opportunity that allows for this, and for many aspiring marketers, it can be a bigger challenge to effectively set the foundation in place to make it happen.
Here are the three steps to make passive income on the Internet, and yes, they are basic. Skimpy. But you should be able to get the idea and then examine your current opportunity to see if the steps will work with it, or if, instead, you will need to find a different opportunity.
Step 1. Align yourself with an Internet income opportunity that has an affiliate compensation plan that allows you to build a team and rewards you for doing so. The idea is to build group sales volume on which at least part of your rewards and compensation are based.
Step 2. Make it your number one priority to become a leader in the organization. Be the example, set the pace and demonstrate enthusiasm and excitement. Once you have firmly made this your mindset, then work hard to sponsor new affiliates into your group and identify five who will be as enthusiastic and committed as you are. Focus on helping and guiding these five.
Step 3. Train those five to duplicate these same three steps.
That’s the basic plan. Once you have five leaders who will in turn sponsor, train and duplicate the way you have done, your organization will grow, your group sales volume will accumulate and your passive, residual income will begin to flow.
Once this happens, do not walk away from your group. Stay connected as a coach and inspirational leader. People are transient and some of your leaders might fall away to other opportunities, so it is good to always be training new leaders to take up the slack.
Work diligently to apply these three steps to make passive income on the Internet and your financial future will become more secure than you might have thought was ever possible.
GT
Home Business Resources
For more info on this topic, read my post, Your 3-Step Plan For Passive Income Online
~ ~ ~
* Your Own Online Store Website – 58,000+ items: Earn Direct Commissions and Residual Income!
* Home Business Opportunities and Affiliate Resources
* Free Article Directory – Blog Post: Submit to this directory TODAY!
* Reinventing Your Life – Make the Rest of Your Life the BEST of Your Life!
* Follow Me On Twitter ===> MyPowerSite <===| gtbulmer | StarrBizzcom
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