Passive Income Streams - The Master Key to Wealth Creation and Financial Freedom by Angelia Griffith - HTML preview

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Using Network Marketing

It is a people person form of marketing, there is an actual need for people to go out and look for customers who may be interested in the products being sold. This method is used when it is deemed better than garnering any business through other methods like off line and on line marketing tools. Here the use of independent representatives is the key to the success rate of the business foray.

Networking

Recruitment drives are often conducted to try to get people to sign on to be agents or individual promoters for a company. Some of these companies follow the multi level marketing styles while others just need to identify potential distributors.

Using the network marketing to create residual income is another form of providing for a more comfortable living from a financial angle. This form of earning is done at the individual own pace and commitment. Basically the harder one works the better the chances will be to gain a higher residual income.

The individual also has the privilege of deciding who and when to conduct any business with. This is a very important aspect for some people who enjoy meeting and making new friends while at the same time gaining the advantage of an extra income source.

This method also usually involves very little monetary investment and neither does it involve a long term commitment. The reason most people opt to try their hand at network marketing is because of the very lucrative promise of a residual income prospect.

Seeing the success of others who have managed to achieve a comfortable financial status is a good bench mark to focus on in the pursuit of the individual’s own ambitions for a good and healthy residual income. Another interesting thing to note is that there is no age limit to this kind of endeavor.