Posts Tagged ‘residual income’

Power of Residual Income

Monday, October 17th, 2011
The Power of Residual Income

Become a Millionaire

History has been made — with high unemployment, inflation steadily rising and millions of people losing control of their financial future, there is an overwhelming demand for people to take control of their financial future.

The days of developing a business plan are long gone.  Getting a loan is next to impossible in today’s economic environment and hiring a staff just does not work like it use to.   With a good 100% Pay Online business however, there is no money to borrow and no time to waste.

This environment calls for smart and secure measures. Your financial future in your hands. It is no longer safe to leave your future in the hands of others.  You must take control now and leverage the state of the economy along with the Internet to create an overwhelmingly successful opportunity.

Today’s economy, combined with the fact that the Internet allows you to market to an unlimited number of people all over the world, has created the perfect business model.

 

How long would it take you to put $24,000 in the bank? 

How about $120,000 or $240,000 or $1,200,000? 

How much would you need to make at your current job to do this?

Check out the chart just above and you will see that if you had only $24,000 in the bank and were earning 5% on that money (good luck with that) you would be making a measly $100 per month on your money.  You would need $1,200,000 in the bank at the same rate to earn only $5,000 per month in residual income.

But how long would it take you to put $24,000 in the bank… let alone $1.2 million.  It just isn’t possible for most of the population.

BUT…. if you had a residual income of just $5,000 per month it would be like having that $1.2 million in the bank.  Which would be easier for you.  Building an online residual income of  $5,000 per month or working your way to $1.2 million dollars in the bank and finding a way to earn 5% on that money?

That is your subject to think about for today.

Brett Shelite
The HBB Advisor

How To Build A Real Lifetime Residual Income From Home With Your Home Based Business

Thursday, March 25th, 2010

To my loyal readers.

As most of you already know, over the last several years I have been advocating multiple streams of income.

The reason for this is because several years ago I built up a large organization in a network marketing company.  The ownership and management of this company quickly let all of its distributors down and went out of business.

Knowing what I know now, I can honestly say that getting involved with that company should not have happened for several reasons.  First of all it was a start up.  So of course there was a strong risk involved.

Did you know that over the last 50 years that the Direct Sales Industry has been keeping records, that around 51 thousand direct sales companies have registered to do business in the US and Canada?  Of those companies only 75 has managed to hit the $100 Million mark in cumulative sales – NOT IN A YEAR – but in the lifetime of their company.

In addition to that, it is a well known fact that most companies fail within their first year and the majority of the ones that make it that far will close their doors by the end of their second year in business.

What does that tell us?

Obviously start ups are risky and almost never make it to long term success.

After getting burned by the above mentioned company I decided to forgo MLM all together and put most of my efforts into marketing direct pay companies that pay me off of my efforts.  And I have done very well with these programs.

But these types of programs are just like a J.O.B. in a lot of ways.  There just is no real leverage involved.

However, during the last few years I have known that if I truly wanted to achieve my goal of building a real walk away residual income that I would have to get back into network marketing.

 

Best of Luck to you all.

Brett Shelite
The HBB Advisor