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A Residual Income Means Building a Strong Foundation 
By: joe cotroneo
Residual Income is highly sought after. Who wouldn't want an income you no longer had to work for. A Residual Income is the goal of many people, yet few achieve it.
Linear income is such that you only get paid once for your efforts. Insurance sales is an example of residual income. The agent sells the policy once, yet gets paid commissiond for the entire time the policy is in force.
The MLM Business Model is an avenue that 15 million use to build a residual income. It is therefore hard to beleive that 99% of the people who start an MLM business to make a residual income fail. A residual income is hard to come by but very much desired way of earning an income.
Time is the most important factor when building a residual income. Most people fail because they don't understand how much time it takes to build an MLM business. The most important time in the MLM business is when you startup and this is when you make the least amount of money. This is when you build the foundation for a residual income.
Just like laying the foundation of any building, a lot of digging and heavy work is going on. However it appears to the outside observer that nothing is happening. When will the building start to rise; or in MLM terms, when will the downline start to grow?
An example of building your MLM Business foundation is creating lead capture pages with followup messages thru an autoresponder. You are signing up your 1st level and training them. Fail to train your downline correctly and you will fail to duplicate. Duplication is the key to residual income in MLM and success.
It is crucial that you build a strong, solid foundation for your MLM business. If you fail at this very important first step, your whole building or downline will come crashing down. Since you get little or no pay during this period, it is easy to overlook or rush. Do it right the first time, and you will have a strong residual income you can rely on.
Patience is the key to success in MLM. The time factor which is a inherant component of building a residual income cannot be rushed. Accept it, build a strong foundation, and you can't help but to succeed.
Article Source: http://www.uberarticles.com/articles
If you are interested in making a residual income then you must check out joe cotrabouteo's site about the mlm business
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