Why You Should Be Building Residual Income Through Network Marketing

Hey, this is Steve Fisher, Are you focused on building residual income? Watch this video as I share some reasons with you as to why you should be focused on making sure you are creating this type of income.

Surprisingly, many people do not have residual income and are not intentional about creating it, so today I wanted to share some thoughts with you that will hopefully awaken you to the importance and the possibilities and encourage you to specifically consider creating residual income through network marketing.

Just like anything else out there, there are always those who say it doesn’t work and they will actually work to find reasons why it won’t work! But there are plenty of success stories out there that prove otherwise and I am one of those. I have some key points that I would like you to consider before you make a rash decision and miss out on an incredible way to create a significant stream of residual income.

To me, one of the most attractive things about network marketing is that it enables you to create leverage where you are no longer paid according to just your efforts alone, but you can be paid on the efforts of hundreds, thousands, or even tens of thousands of others. Over time, this can turn into significant income and it is one of the keys to creating wealth. Here’s something I really want you to listen to and understand because this is something that I didn’t know when I started my network marketing business… I did not know that I could sponsor someone who could sponsor someone who could sponsor someone who could sponsor someone who could sponsor someone that could make me a million dollars. Did you catch that? I did not know that someone could end up joining my team that I did not know, someone that I did not sponsor personally, and someone that is way down in, what’s called, my downline that could end up making me a million dollars. Now, I don’t care who you are, that’s pretty powerful stuff right there. That is some serious leverage and that is something that many people don’t understand about network marketing. They don’t understand the power of the business and that it can get a life of it’s own and put you in a position where you no longer get paid just for what you do, but rather for what you started. To me, this is kind of a no-brainer and something you should seriously consider.

It’s hard for me when I hear people bashing the industry of network marketing because I think, man, if they could just see my lifestyle and how I get to live, the time freedom that we have, the fact that my daughter just graduated from college with no college debt, that we took on no debt for our daughter’s wedding, that we were able to pay off all of our credit cards and have no consumer debt, that our company gave us a brand new Tesla (Over $100K electric car) that is 100% paid for by my company, that we have been taken on vacations all over the world that have been paid for by our company, that I wake up every morning not having to go to a job and at the same time not having to worry about money. Look, I’m not saying all of this to brag, but simply to get your attention to be careful before you say no to something that could end up being an incredible source of income, relationships, happiness, and freedom in your life.

Another great thing about network marketing is it is something that you can do successfully on a part-time basis. You don’t have to quit doing what you’re doing, you can just fit it into the nooks and crannies of your life by getting good at getting people to look. You can plug people into systems that will do a lot of the work for you and you can partner with a leader that can also help you build your team, which is another form of leverage that allows you to multiply your efforts.

In my book Residual Millionaire, I talk about the Residual Millionaire Path and I think it’s a good visual to understand the value of creating this very important stream of income.

Most people have a Plan A that pays the bills and puts food on the table. They can start a Plan B, like network marketing, that they do on a part-time basis and if treated properly, this money can be saved and put into a Plan C that creates even more residual income. It’s a great mindset to have when you are FOCUSED on creating streams of residual income because ultimately, this income can be your key to freedom. It can be the very thing that allows you to ultimately own your life and experience true financial independence. I hope that helps you today and for more residual income training, be sure to subscribe to my blog at www.Steve-Fisher.com
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