Mlm Industry

The Best Source of Fresh MLM Leads

by Wayne Wu on February 10, 2010

in Targeted MLM Leads

Leads. Are they the live blood of your MLM business? Some uplines will tell you that they are, but are they really? My take on it is NO, they are not. In fact, I think it’s a lie. CASH FLOW is the life blood of your business. Without cash, you are out of business.

But to get cash flow, you need to sponsor people into your downline who regularly purchase product and sponsor other people who regularly purchase product. In order to sponsor people, you need prospects who want to join your business. In order to get these prospects, you need to call people who’ve volunteered to give you their contact information – that is, leads.

Therefore, leads are actually 3 steps away from what you really need to keep your business going and thriving. But somehow, the heavy hitters have convinced you that you need leads, leads, leads. And the easiest way for them to make a quick buck is to sell you a ton worthless leads. [click to continue…]

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How much monthly residual income do you need to be financially independent? Have you worked this out yet? What does it mean to be financially independent in the first place?

Financial independence means the passive residual income that is generated from the downline you have built covers your regular expenses (i.e. taxes, mortgage/rent, utilities, subscriptions and food). Therefore, financial independence gives you the divine option of quiting your J-O-B and never having to work another day in your life. Have you worked out the income you would need to have this privilege?

Let’s say that a good round figure for living a comfortable lifestyle without ever having to work again is around $5,000 per month. Some may need more, some will need less, but $5,000 is decent enough for the average person with the dollar at its present value (it may well be $10 million a few years time, but who knows?) [click to continue…]

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