Thursday, November 30, 2006

The Best Way To Choose A Residual Income Program
Copyright © Rahimah Sultan

http://www.payitforward4profits.com/rahimah


Residual income programs are built upon people recruiting people. One person sells his or her business idea to another who joins and becomes the down line to help earn that person money. Selling is all about appealing to a person’s emotions. They try to get a person to feel passionate about what they do, so that person will buy into it. That is why many people choose a residual income program that is not suited to them. They were sold based on their emotions, not rational thinking, which is the best way to choose a residual income program.

The process of selling involves showing passion and getting others to feel that same passion about what is being sold. One of the goals in a residual income program is to get others to sign up and become part of the team. As more people sign up the people who signed them make more money. It is easy to see why people use aggressive tactics to sell a residual income program to others. It is also easy to see why many people end up choosing a program that is not suited to them.

In order to choose the best residual income program, one must overcome the emotions and choose based upon well-founded information. So, how can a person do that? You must look for a program that has a product or service that people want. This product or service should be unique and something that is not sold everywhere. The company should have a stable history and good growth potential and it should be financially and structurally sound. There should be a good marketing system that is taught to every new person. This system should be easy to use and it should be easy to learn. The compensation plan should make sense and it should be easy to understand. People should be able to see how they can make long-term profit. Teamwork should be stressed and people should be able to see the benefits of team effort.

The best residual income program is a personal decision. Using the above guidelines will help. So, do your research and make an educated choice for what best fits your needs.
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Wednesday, November 29, 2006

The One True Secret To Guaranteed Residual Income
Copyright © Rahimah Sultan

http://www.payitforward4profits.com/rahimah


There are many people who claim to have the secret to guaranteed residual income. They say it is a process or system, and they charge large amounts of money for the secret or they give it away because they want the people to whom they give it to become a part of their opportunity. The real offer is a chance for you to join their opportunity so they can make more money. This is not a great secret and definitely not the one true secret to guaranteed residual income.

The one true secret to guaranteed residual income is attitude. Every person that has ever been successful in business has the same attitude. They are truly dedicated and passionate about their business. Without this dedication and passion they will not succeed. It doesn’t matter how good the product is or how great the person is at selling and marketing, the bottom line is if they do not have the attitude they will not be able to make it work.

It may be hard to believe that attitude can have such an impact on business, but it does. If you are not dedicated to your business, you will allow other things to push it to the back burner. You will have no problem letting your business suffer in favor of doing something else. You will not have the drive or determination required to make your business the best that it can be. You will settle for anything. As with anything in life, if you lack dedication, you will put forth little effort.

Passion is something that any good salesperson will tell you is the key to selling. At the heart of every business is something to be sold. Every good businessperson can sell and each is passionate about her product. If you want people to buy what you are selling, you have to show them the value of it, which helps the person to develop an interest in what you have. A passionate salesperson will talk about a product as if it is the most wonderful thing imaginable. S/he will convince people they cannot live without it, that they need it. Then people will buy it.

Determination and passion are two of the most basic business concepts and are truly the key to guaranteed success in residual income. These character traits are not something a person learns, but are part of a state of mind when it comes to business concepts or products. When a person finds a residual income opportunity that fires up the dedication and passion, then s/he has found the opportunity for guaranteed success. Maintain your attitude of determination and passion and go for it.

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Tuesday, November 28, 2006

The Ins and Outs of Passive Residual Income
Copyright © Rahimah Sultan

http://www.payitforward4profits.com/rahimah


Almost everybody who is interested in online business or working at home has heard of residual income. They understand what it is and how to make it. There is another form of residual income--passive residual income--that people may not be so familiar with. It's like residual income, and many might actually already be making passive residual income and not even know it. However, it can help to become familiar with the ins and outs of passive residual income, even if you don't fully understand it.

Residual income is income that is earned over and over after doing a task only one time. Passive residual income is residual income that comes from investments. For example, real estate is a residual income source. If a person buys an apartment complex s/he can then rent each of the apartment units and earn a passive residual income on that initial real estate investment in the form of rent every month. With residual income the investment is more about time, not money, so passive residual income is a lot easier to start and requires minimal time, which is why it is called passive.

There are many benefits to be gained from passive residual income. For a person who has the money to invest, s/he can build a nice income with very little work up front and almost no work after that. All it takes is a little monitoring. This also creates a flexible opportunity. Most sources of passive residual income can be handled from anywhere. You do not even need an office. It also provides a person with a lot of freedom. Since you won't have to spend a lot of hours each day working to make an income, you can spend your time the way you want. You're free to enjoy life and actually spend the money that you work for, rather than spending all of your time working with little or no free time to actually enjoy the fruits of their labor. It is also possible for a person to have more than one passive residual income opportunity. Since you don't have to put in a lot of work, you can invest in several projects and earn money from all of them at the same time, thus creating multiple streams of income. This is one of the top ways of earning a lot of money. Passive residual income just allows a person to do what you love and to be able to provide for your family and yourself without having to work yourself ragged.

When it comes to earning money, many people are turning to the benefits of residual income. What makes more sense? If you are fortunate enough to earn passive residual income, then you will gain even more benefits. This will take the focus of life off making money and put it on enjoying life to the fullest.


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Monday, November 27, 2006

Three Ways To Make Residual Income
Copyright © Rahimah Sultan
http://www.payitforward4profits.com/rahimah

Residual income is income that a person earns again and again for something done once. There are three ways to earn residual income: through a home business, investments or direct marketing. Each method will provide the chance to earn a great income without putting in a lot of hours. That is the beauty of residual income; a person works hard to set up a program that works hard providing them money on a regular basis.

Owning a business that you control is one way to make residual income. Unlike other methods, in a business the individual sets up the system. The person designs the model and the payment method. By creating your own complete system, you are able to tailor it to suit your needs. The business can be reselling purchased products or selling products you create. It usually requires a large upfront investment to get started and it also requires education in business matters in order to make it successful. This type of residual income is not immediate. You will have to work very hard for a substantial amount of time before starting to earn a continuous income.

Investing is an easy method to generate residual income. All a person has to do is figure out where to invest money. It could be in stocks, real estate or a business. This method requires very little work. Once you’ve made the investment, all you have to do is monitor your money to be sure it’s earning a profit. The down side of investing is that it requires a large amount of money upfront to make a worthwhile opportunity to earn.

The most popular method is direct marketing. Direct marketing is the method of selling and establishing a sales team to build a residual income. Direct marketing is also referred to as multi level marketing or MLM. You join a MLM company that is already established, and the company handles everything except marketing, selling and signing up new team members. Most MLM programs require little or no startup costs. The company usually provides training and even a website to get a person started. There are a variety of MLM programs from which to choose. So you’re sure to find one that suits your interest. The biggest issue with MLM is that many people jump into it without really being passionate about the products. They simply focus on the money and the recruiting side. A true business cannot succeed without both sales and recruiting. However, this is one of the best ways to earn a continuous income.

Owning a business, investing or direct marketing are the three most common ways of earning residual income. Although there is a downside to every business, each of these offers a great opportunity. Success only comes through passion and hard work. If you truly want residual income, one of these methods will work.

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Thursday, November 02, 2006

More on Starting an Internet Marketing Home-Based Business
Copyright © Rahimah A. Sultan


http://www.payitforward4profits.com/rahimah


Okay, you've decided you want an Internet home business to earn some extra cash. You've Googled the Web and signed up for a couple of freebies to try. Suddenly, you're bombarded with all kinds of offers in your mailbox. What you thought would be a couple of free trials has turned into a never-ending stream of emails in your box. You see, when you asked for information by filling out that little form with your name and email address, you actually gave more than one entity permission to send you a newsletter, an e-book or emails with information and links to join their programs, become an affiliate or buy a product, etc.

Once you opt-in, which is the term for "giving permission" to receive information online, you start receiving more than you bargained for, because the main information source has affiliates associated with it. Then confusion sets in as well as information overload. The brain tends to lock! You feel as one can only imagine a hamster would going around and around on a wheel and not knowing how to get out of the situation.

Well, you see I've done just that. But the one thing that kept me going was my passion, persistence and determination. I was so tired of doing the 9 to 5 and expending all my energy for others with little gain for myself, and I was so determined to work on my own, that I didn't give up. When my email box filled, and I didn't have time to read them, I simply stopped. I didn't go on a deleting frenzy. I just left the emails until I could get to them, because I certainly did not want to start that trip over again. I realized that if I did, there would simply be a gazillion more emails. And I also thought that there could be something worthwhile in some of those emails. Hope springs eternal with me.

I had emails dating back as far as five or six months. I know that sounds ridiculous, but in my heart of hearts I felt that there was probably something worth checking out in some of them. And there was. When I finally got to a point that I had some time, I started reading the emails. Of course, some were time sensitive and so I just deleted them. That got rid of quite a few. With others I opted in for freebies.

At first, when I received personalized responses, I thought people were actually emailing me. Then it occurred to me that was impossible. It would be a daunting task even for a "hired hand." You see, I knew nothing about auto responders and broadcasts and the like. I was a newbie. If you are a newbie to the Internet, you could very well become discouraged and totally disenchanted with your initial idea of a home-based Internet business. But if you're serious about a home based business, the Internet is probably the way to go. Now is the future we used to talk about, and Web business is not going away.

Many years ago I saw the trend and was unable to or not determined enough to take advantage of it. There are only so many hours in a day. If you have a family and work 40 hours a week away from home, it's tough. As we know, everything takes time and effort and focus.

Don’t sign up for anything that requires money that your budget does not allow. Check out the freebies. Allow yourself a few months to see what’s out there and whose names crop up again and again in the Internet business world. You’ll soon see a pattern emerge, and you can begin checking those sources and narrowing your search. Don’t fall for every free thing out there. You don’t want to become overwhelmed or end up with information overload. And never make fear-based decisions. That’s why it’s important to take your time. Be persistent but patient and focused on your passion or goal.

Rahimah Sultan

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