You can build residual income businesses by doing a lot of upfront work and then reaping the rewards with monthly autopilot income. This concept, also known as passive income, is one that you should definitely incorporate into your life. A popular way nowadays to create residual income businesses is through affiliate marketing. Very often, people do not think about affiliate marketing as a residual income source.

Network marketing is not a get rich quick scheme is a internet business mastery. It is a business that takes time and technique. Technique means learning how to market your business. There is a lack of training in this business. Network marketing is the best business in the world because it gives you leverage like no other business. It gives you the ability to create residual income. There is a lack of training in this business ~ except for how to build your list of 100 people and drag everyone you know to and „opportunity“ meeting. And there is so much more than that.

The Answer: You have to market to a niche and stay in your niche long enough to build multiple products. Then you can branch out, but you’ll want to continue building each niche, in order to continue marketing to that niche.

She stood there waiting for me to give her a bigger secret, but that was it. If you’re constantly building more than one niche, you have to build more than one product into each niche. You can’t market to a single person, a single item, and have income next week. They’re done buying.

I have several niches, but I only market products within one niche. My home schoolers aren’t really interested in Advertizing Online, and my Marketing Clients don’t usually worry much about who’s planting which Prize Winning rose this week. Because those are all activities I’m involved in, I cover all of them, and I occasionally introduce my marketing group to something I offer in another realm, but if they don’t bite, I don’t continue to force it at them.

Find a niche, get deeply involved in promoting that niche, and develop products in your niche to make more money.