Maximize and Protect Your Network Marketing Income

Are you earning the most you can with your Network Marketing business? Are you getting top returns on your efforts and investments? Are you protecting your income from the major pitfalls in the Network Marketing Industry? If not, the best way to address these issues is to build multiple streams of income.

It is vital to your long-term success to build multiple income streams as opposed to building just one company at a time, and thanks to modern technology and the Internet, it has never been easier. Building multiple income streams protects your income by not putting all of your eggs in one basket. This way you are not dependent on any one company for 100% of your income.

From personal experience, when I started out in this industry roughly 10 years ago I decided to represent just one company and build it as big as possible. My team member’s and I spent several years putting our heart and sole (and of’ course our money) into building several different companies (one at a time), but unfortunately through no fault of our own, each time we were successful the company failed us.

Some companies were dishonest, some couldn’t handle the growth, some didn’t understand the industry, some were under funded, some got shut down by the FTC because they didn’t take the time to learn the laws and there were many other reasons as well.

Each time this happened we needed to start all over. We lost most of our team, but determined to succeed we picked up the pieces and joined another company, only to see the same things happen again and again.

Finally we realized that if we were going to invest in the Stock Market it wouldn’t make sense to put all of our money on just one stock, so why would we entrust our futures to just one company.

From that point on we decided to protect our income by not relying on any one company and I can honestly say it was one of the best decisions we ever made. When you represent multiple companies, if any one company fails you for whatever reason, you can easily replace it with another one. This way you don’t lose your business and your team, and you don’t have to start all over again.

In addition to protecting your income, building multiple income streams greatly increases your results for your efforts and investment. When you promote one company only about 5% of the people who see your advertising are going to be interested. This has nothing to do with your company, that’s the way it is with any company. But, when you offer people choices they will join whatever income stream appeals to them, and your enrollments will go way up from the typical 5%.

Also, you are more likely to achieve success by building several smaller checks as opposed to one big one. For example, if your goal is to earn $10,000 / Month it will be much easier to generate 10 $1,000 monthly checks than it will to earn 1 $10,000 monthly check. And, back to protecting your income, if you choose to build 1 $10,000 check and the company fails you, 100% of your income is gone and you are back to square one.

So, as you can see, building multiple streams of income protects your income for the long haul, it increases your results and greatly maximizes your earning potential.