A Residual Income Program - With No Up Front Investment

For anyone who has looked for a business with a long-term residual income program you know the really good ones are hard to find. In fact, many give up the business because they can't survive while the business grows and a steady income is developed. Research has shown that one of the main reasons a small business fails is running out of capital. This is especially true if you’re trying to start a home based business. It doesn't make any difference what kind of business. It takes time to build a business regardless of the business model. Don't be fooled by all the "get rich quick" schemes that are loudly promoted.

Now what if there was a way to self-fund the business?  What if you could be paid while you were building that residual income? This would certainly make it a lot easier and increase the probability of success. Well it is possible and it's easier than you think.

The concept of the self-funding business to develop a residual income program certainly isn't new but it's amazing how little it is used. The concept is simple. Find opportunities where you can sell a product and earn a commission. For example, if you’re in a network marketing company, then find a company that pays a commission for referring customers who need to buy leads. Better yet - find a company where you can sell retail products as an affiliate and develop a team of your own affiliates to residual income.

Think about how this works. From day one you can be earning revenue by helping your team members in the network find a supply of leads that they desperately need or by selling other retail products to customer outside the company. Making this even more general in the network marketing environment, find an opportunity that has an exceptionally strong retail product offering that will generate a separate stream of income or multiple streams of income, while growing your business.

Most network marketing or MLM organizations have a monthly fee for either a service or product. Being able to generate offsetting revenue from day one means there would be no or at least a very minimal recurring investment from the start. By developing both of these streams of income concurrently will greatly increase your odds of success.

Of course there is no reason you have to have just two sources of revenue. In fact affiliate marketing is a very popular business model in and of itself. If you can find a business opportunity that combines the ability to build a residual income (network marketing) and affiliate marketing (earning a commission on retail sales) then you have a built in way to self-fund the building of your residual income stream.

A residual income program can even be developed from some affiliate programs themselves. These are typically ones that have a recurring monthly income – a membership or subscription product or service. The revenue stream earned is totally dependent on keeping members active. Research has shown that it is easier to keep a well built team in place in a good network marketing company than most membership or subscription sites.

There are no longer any excuses for not building a strong, long-term residual income. Think about using a self-funding mechanism to eliminate a major risk factor. Look for a residual income program that combines two proven business models – network marketing and affiliate marketing - to jump start building your long term residual income. Make it happen.

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