Leading Publication: MLM Leads, MLM Training, MLM Marketing

MLM Magazine January 2015 January 2015

What is the mission that drives your business?

Happy New Year! I'm often ask, "what is your mission that drives your business" that is such a great question and that is why we want to start off this new year off with this important subject.

Have a blessed and prosperous 2015!

George Madiou

Founder and Publisher

Article Subtitle
First let's define 'multiple streams of income'

Article Article Intro
In my years in the Network Marketing industry, the subject of multiple streams of income has come up often. This subject has come up successfully and as a disaster for distributors. As we examine the subject, as far as a distributor developing 2 or more major income streams from promoting more than one network marketing opportunity it is highly unlikely at best to succeed. 3 points to be made about this:
1. It is extremely rare to have a leader earning $10,000 or more per month in multiple companies that they are promoting at the same time. 2. There are many leaders that hold a position in multiple companies, promoting one and being a wholesale customer of others. 3. There are leaders that are earning a substantial check from one company that they built in the past and are no longer actively promoting while promoting a new opportunity and building that to a $10,000 plus income.

Article Content
The thing I see most often is the person who joins a company, recruits a good number of people and is off to building another company, and another, and another. This is what many call a MLM Junkie. This is not a steady way to build a substantial income, nor a good foundation for a long term solid business.

The mass number of successful leaders, choose wisely the company they promote. They stick with their choice of company for the long term and make a real commitment for a 3 to 5 year period before they leave the company they chose.

I know many very successful leaders who embrace multiple streams of income but not in other network marketing companies. These multiple streams of income come in the form of diversification. Non MLM income but multiple streams of income such as Real Estate, stock investments, other business investments and many, many more. This is the wisest form of multiple streams of income... Diversification, by not putting all of your eggs into one basket.   The lessons to be learned…
1. Choose wisely the company you will promote in network marketing and make sure your choice comes with tremendous passion. 2. Make a 3-5 year commitment in building your business. You will come up against many bumps in the road, persevere. A successful doctor, lawyer and other professionals didn’t get there over night. You have even a greater potential in network marketing, this is the reason it’s worth investing quality time. 3. Give yourself permission to be a great wholesale customer of some of the greatest companies with some of the most awesome products and services. Don’t mix that up with being a business builder vs. a customer. 4. Diversify the income from your success. Don’t put all your eggs in one basket. 5. And as Nike says it best “just do it”, don’t wish it done, get it done!
Aim High! George Madiou Publisher and Co-founder www.TheNetworkMarketingMagazine.com
Article PDF File
Article_Author_Name
Authors Name

Benefits

Become a member and access training PDF, Audios, Videos

About us

OUR 10th YEAR ANNIVERSARY Over 160,000 members and counting. Design by activarmedia.com

Contact Us

George Madiou

  • Phone: +1 561 654-5974
  • E-mail: george (at) mlmnetworkmagazine (dot) com

Top