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The Foundation of Residual Income 
By: joe cotroneo
A residual income is what many people are working for. Making money without any more work is enticing. Yet few people achieve their goals in acquiring residual income.
Residual Income differs from Linear Income in that it pays a person over and over again for the same "sale". An example would be Insurance sales. An Insurance salesman is paid a commission every year a policy is in force, yet he only had to sell the policy once. A simple linear income example is that of a laborer. He trades his time and labor for a one time payment.
A residual income is not easy to come by. Those who use the MLM business to build a residual income fail in staggering numbers. These numbers can be as much as a 99% failure rate.
Most people fail to build an Mlm Business and earn residual income because they fail to understand that it takes time to build an MLM Business. In the beginning is when the MLM distributor is building the foundation of the business. This is the most important time in the business, yet it is the least lucrative.
When putting in a foundation for a new building is when most of the heavy work is done. To people looking in from the outside it looks like nothing is going on. Most people wonder when will the building start to go up, or for MLmers, when will your downline begin to duplicate?
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 have an interest in building a residual income then you should check out joe cotrabouteo's site about the mlm business
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