Residual Income the Wise Choice for a Work at Home Business
By Robert Maguire
Whether you have a full-time job and want to earn some extra bucks online or you are a stay-at-home parent who is looking for a way to make ends meet, the internet is your best bet for a work at home solution.
Often the first choice people make when looking to build a work from home business is the affiliate program.
There are two types of affiliate programs online: the ones that pay a one-time commission, and the ones that pay residual income. For many new online entrepreneurs who desire to make money through the work at home business sector, it is in your best interest to look for the residual income program. The reason for choosing such a program is that you receive recurring payments when others sign up under you for that program, product, or service.
Choosing continuous income over a one-shot payment is often the most attractive choice for long-term business success.
However, choose carefully. Many of the residual-income programs require heavy amounts of marketing and advertising. Too often the come-on to enroll is offered for free. This is an attractive incentive, but only for a limited few. The ultimate goal, of course, is your ability to get your "signups" to upgrade to the paying level. For many in your downline, this will never happen. You can end up with hundreds or thousands who have joined under you, but if no one upgrades your income is not going to change.
So choosing the best kind of residual income program is to your advantage. The benefit to a residual income program is that once your signup also commits to the program, and for as long as they remain in the program, you earn money from their placement and their actions. Your "job," therefore, is to actively seek additional people to join with you. They join because they also see the benefits of and appreciate the merits to the service. And, since you are paid over and over from your downline, you are in essence earning residual income.
Now think about that... Imagine your earning potential! Your income can skyrocket once you have discovered how to make hundreds (or thousands) a month in long term residual income. Once you successfully master that skill, and with good training and leadership from the program is it possible, you just repeat the process.
The downside to doing nothing but pursuing the downline-building portion of any chosen program is that as you manically recruit, you can actually earn less money. The surefire, solid way to build a business online and work from home is to build a solid customer base and teach others to do it, too. Never drop the ball! Less successful work at home affiliates are less successful because they do nothing but pursue the next lead or signup. Ignoring those that have chosen to work with you is tantamount to failure! You must schedule the time and attention your signups will need to ensure their success and your continuous flow of residual income. The affiliate program, when done correctly, can be a huge money maker for all.
Nothing beats having a work from home business that you can take anywhere in the world and run! Make money while you sleep, vacation, or even - heaven forbid - if you are hospitalized. The benefits to joining the correct work at home business are the residual income (of course) and the need to no longer develop your own new products and backend services. You find the service or products you yourself believe in and promote that service. You put 100% of yourself into your decision, stop flitting here and there on the net in search of the unattainable "overnight success" and hunker down to earn a living online.
Do set yourself goals. Apply yourself totally to achieving your goals. Choose a program whose longevity adds weight to that program, and one that offers real one-on-one training and support. Taking advantage of a great program with good mentoring increases your chances for earning that true work from home income. Take your dream out of "dreamland," and make it happen!
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Robert Maguire lives in Dracut, Massachusetts with his wonderful wife Donna. Learn more about work at home business opportunities at teamacaiplus.com
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