The Secret Income of Multi-Millionaires

There are two types of income in the world, but only one will give you the freedom to "own your life". The first type of income is linear income, trading your time for money. Most people work for a living. If they don't work they don't get paid. The school bus driver gets paid when he drives a bus. When his shift ends, he stops getting paid. A surgeon gets paid when she performs surgery, but when she goes home she doesn't get paid.

Now this just may open your eyes…even though the surgeon gets paid a lot more money than the bus driver, they are both in the same boat. They both are trading their time for money. They receive income when they work…that's linear income. When they stop working their income stops.

The second type of income is the secret income of multi-millionaires. It's a lot different than linear income. It's called "royalty income". It's also known as passive, recurring or residual income. "Royalty income" is the secret to creating true wealth.

Royalty income usually refers to regular payments you may receive if you have published a book or any creative work that remains in distribution. For example, Elvis Presley wrote numerous hit songs, and now his daughter Lisa Marie collects a "royalty check" from the record company when his songs are played on the radio or downloaded from iTunes. She doesn't have to write any hit songs because her father did the work right one time. That's "royalty income".

Now imagine if you had a million dollars in your savings account and you knew exactly how to invest your money without losing it all. You did the work right one time and today you'd collect a dividend check of $5,000 every month. Even after you quit your job you would still make money. That's "royalty income".

I don't know about you, but this gets me really excited. This is exactly the type of income that I want in my life. I could do what I want, when I want, and with whom I want. I could give more time and money to charities of my choice.

Now you may be thinking that you're not a writer or singer…you have no special talents like Elvis. Well there is good news for people like you and me with little talent. Yes, there is hope! There is another way to develop royalty income. It's called network marketing. You can learn step-by-step how to create "royalty income" from a few hundred dollars a month to well over $10,000 per month by downloading Michael Dlouhy's free e-book Success in 10 Steps.

Now you know the secret income of multi-millionaires and the good new is you can be one of them.

Be the Leader You Were Created to Be!

Lidie Gray
lidiegray@gmail.com
A Mentor With a Servant's Heart
Success in 10 Steps Free E-book

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The 10K Question

Do you know how many active distributors (those placing orders or meeting the monthly qualification) you would need to earn $10,000 per month residual income in your business?

Well, here's a simple formula.

1. Determine the required minimum monthly order per distributor.

2. Determine the commission percentage received on the monthly minimum requirement.

3. Figure the dollar amount of that percentage

4. Divide that amount into $10,000

That will give you the number of active distributors needed to earn $10,000 monthly residual income.

If you want to earn $20,000 per month just multiply the number of active distributors by 2: or if you desire $5,000 per month then divide by 2.

Example 1:

Minimum monthly order per distributor = $40.00 or 40 points
Commission percentage = 5%
40.00 x 5% = $2.00
$10,000/2.00 = 5,000 active distributors

In this example 5,000 active distributors are needed to earn $10,000/mo residual income: or 2,500 (5,000 divided by 2) distributors to earn $5,000 per month.

If the commission percentage is 10%, you will need 2,500 distributors to earn $10,000 per month: or 1,250 distributors for $5,000 per month.

Example 2:

Minimum monthly order per distributor - 100 points
Commission percentage = 10%
100 x 10% = $1.00
$10,000/1.00 = 10,000 distributors

In this example 10,000 active distributors are needed to earn the $10,000/mo. At 20%, only 5,000 distributors are needed. For a $1,000/mo residual, 1,000 are needed @ 10% and 500 at the 20%.

The industry average to earn $10,000 is about 2500 people. Wow! Does that seem like a lot of people to you? It does to me.

But don’t be discouraged because there are a few companies out there where you can earn $10,000 monthly income with less than 400 active distributors.

What do you think about that?

Be The Leader You Were Created To Be!

Lidie Gray
Mentoring for Free