Resent: The importance of Cash flow in a network marketing business
by Joel Teo
Published on this site: April 19th, 2005 - See
more articles from this month...
Many networking marketing affiliates and mlm business owners
face one problem. It's the question of cash flow. Cash flow
in the context of a home business means simply the amount
of money you get from your home business minus the amount
of money you spend building it. Many people spend more money
on their business than getting anything from it. Then despondent,
they throw up their hands in the air and say mlm or network
marketing does not work for them. What if they had money coming
from their online investments which they used to build their
online business? That would change their perspective right?
Since they after a while would have no money or very little
money out of their pocket.
There are people out there who do network marketing because
they want to get out of debt and get food on the table. That
is an admirable goal and I agree with them. However, there
is a problem, a business is not a job. By clarifying the distinction
in your mind, you would automatically come to a conclusion
that you have to build your non-network marketing online income
streams so that you can continue to spend money on advertising
and other business ideas month after month without running
up huge credit card bills which sort of defeats the reason
you signed up to build an online business in the first place.
I.e. your online income funds your online business either
completely or largely.
Spend your energy looking for cash generating investments
online that can help you develop separate income streams so
that once they come in, you can take your money that you generated
online to spend on advertising and building your network marketing
business. This is not impossible, but one would be advised
to go online and investigate each investment opportunity carefully
before putting more money into it. The more the investment
online claims to pay you, there is a chance that it might
be a scam so do a quick google search before you invest money
into it.
Some people then would ask, if such investment opportunities online
exist, then why do I need to do network marketing? The simple answer
is leverage. In a network marketing business, you leverage on your
time and other people's time and your returns are not linear but
exponential.
Therefore to succeed online in any network marketing business,
the ability to generate online profits for the purpose of cash flow
to fund your online advertising budget may be critical to help you
continue to build your online business. Network marketing I have
come to realize is a long term business so sometimes in the immediate
short term, spend time building short term cash generating assets
and see your online income start rising.
Joel Teo is a work at home business owner and runs the
highly successful work at home business opportunity websites http://www.instantbizempires.com
http://www.makethousandstoday.info
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