Residual Income Opportunities: The Truth Revealed
- Date: 2007-04-03 - Word Count: 436
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How do we know which residual income opportunities are legit and which aren't? That's the question we need to figure out before we attempt to even to take another step forward.
There are so many residual income opportunities online that promise to deliver, it's often hard to believe what you see online these days. I imagine there is nothing more soul destroying as to commit to a business and build it up just to see the mother company disappear.
Let's not kid ourselves, building a satisfactory residual income stream is going to require work and if we are going to put our effort into a business, let's make sure to do it once and do it right.
Do your due diligence on all residual income opportunities. What's the history like? Do the founders seem to have an integrity? Is the business truly there to serve and make a difference? Or is the service/product just a flimsy excuse for their 'super' compensation plan to operate?
Has it been mentioned in notable business publications such as Forbes, Business Week, Inc 500?
Truth is, if you don't see a long term benefit for the product/service on offer, you don't have a solid residual income that will last. So scrap any fly-by-night and gimmicky residual income opportunities right away, no matter how innovative and cutting edge they may seem.
Review what other are saying about it, look at both perspectives. Keep in my mind that there are always doom sayers who will complain about everything, make sure to use your own smart judgement.
Analyse the compensation plan from the various residual income opportunities, is it easy to understand or are there circles and lines all over the place with special bonuses that seem to appear from out of nowhere? Simple is good.
How much team work exists? I personally tend to favour 'binary' compensation plans as the teamwork aspect is such an essential part of the success to the team as a whole.
When you are in a very active team, spillover will occur to the benefit of team members lower in the network as there are only two places people can be placed and if they are already filled, the following people must be placed in the next available positions below, and then below after that, and below again, etc.
Residual income opportunities truly are the doorway to wealth and better lifestyle. Just make sure that the door you choose to walk through is solid and strong, not something that can be blown away by the wind!
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Don't Get Scammed! Learn About An Honest, Online, Residual Income Opportunity That Is Helping Everyday People Build Amazing Residual Incomes Today at http://www.SmarterIncome.info
There are so many residual income opportunities online that promise to deliver, it's often hard to believe what you see online these days. I imagine there is nothing more soul destroying as to commit to a business and build it up just to see the mother company disappear.
Let's not kid ourselves, building a satisfactory residual income stream is going to require work and if we are going to put our effort into a business, let's make sure to do it once and do it right.
Do your due diligence on all residual income opportunities. What's the history like? Do the founders seem to have an integrity? Is the business truly there to serve and make a difference? Or is the service/product just a flimsy excuse for their 'super' compensation plan to operate?
Has it been mentioned in notable business publications such as Forbes, Business Week, Inc 500?
Truth is, if you don't see a long term benefit for the product/service on offer, you don't have a solid residual income that will last. So scrap any fly-by-night and gimmicky residual income opportunities right away, no matter how innovative and cutting edge they may seem.
Review what other are saying about it, look at both perspectives. Keep in my mind that there are always doom sayers who will complain about everything, make sure to use your own smart judgement.
Analyse the compensation plan from the various residual income opportunities, is it easy to understand or are there circles and lines all over the place with special bonuses that seem to appear from out of nowhere? Simple is good.
How much team work exists? I personally tend to favour 'binary' compensation plans as the teamwork aspect is such an essential part of the success to the team as a whole.
When you are in a very active team, spillover will occur to the benefit of team members lower in the network as there are only two places people can be placed and if they are already filled, the following people must be placed in the next available positions below, and then below after that, and below again, etc.
Residual income opportunities truly are the doorway to wealth and better lifestyle. Just make sure that the door you choose to walk through is solid and strong, not something that can be blown away by the wind!
--------------------------------------------------------------------
Don't Get Scammed! Learn About An Honest, Online, Residual Income Opportunity That Is Helping Everyday People Build Amazing Residual Incomes Today at http://www.SmarterIncome.info
Related Tags: home business, home based business, residual income, network marketing, online business, residual income opportunities, internet marketing business
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