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Understanding Passive Income

“Do you love life? Then do not squander time, for that’s what life is made of” – Benjamin Franklin

It’s something they never teach you in school. They don’t devote even 1 single minute to it.

It’s the secret of Passive Income.

Authors understand it. Pop Stars know it. Business owners aim for it. Investors live by it. Property owners love it.

So what is Passive income? The concept is simple. Get paid even if you stop working. Earn money month after month for work you did one time! It’s the secret of the rich.

If you can earn an income that doesn’t depend on you putting in a certain number of hours at work you can have time off whenever you feel like it. You will have achieved what most people never ever get to a achieve in their lifetime: time and money freedom.

Most people either have lots of money and no free time, or lots of free time and no money. In fact, the biggest problem most people have is called “Time Poverty”. Author and Speaker Brian Tracey says “We are short of time in almost every area of our lives.”

The ideal situation you want to achieve is to have plenty of free time, and plenty of money to do with as you wish. This gives you not only the wealth but the lifestyle. Some people think it’s impossible to achieve this kind of lifestyle without a big expensive business or thousands of hours to devote, but this turns out not to be true at all!

You can build a home business with Secure Future International  in your spare time, and after just a few years earn enough to quit your job and go full-time (with your business) or even retire. Thousands of people have already done it!

With passive income, also known as residual income, you don’t have to earn $1,000,000 or win the Lotto in order to live off the proceeds. Just like a property owner gets rent payments, or investors get dividends, or business owners have businesses that run themselves, and authors and musicians have royalties, your business will pay you while you sleep too. You can start building your fortune today.

There is nothing like the feeling of checking your bank balance and noticing it has gone up by THOUSANDS of dollars… which you didn’t have to work for at all that month!

This is the smart way to work. Do the necessary work one time, and get paid for it over and over again…

Be Skeptical of MLM Business Opportunities

Any MLM business opportunity worth considering will either have a track record that you can investigate and evaluate or it will have a clear statement of the plan, the potential, and the up-front costs.

Before investing any time or money in a specific MLM business opportunity, there are some questions you should consider first.

How long has the business opportunity been in business? Before investing time and money in marketing an MLM business opportunity, it is important to determine how long it has been operating.

If it is a new concept that has not been proven in the marketplace, you have no assurance that it will even work.

Does the company have a fixed address and phone number? This may seem obvious to you, but the fact is, thousands of companies operate with nothing more than a website and an email address.

Many of them are here today and gone tomorrow. Make sure the business you intend to deal with has a fixed address, physical location, and established phone number.

Does the MLM business opportunity have some successful members you can talk to? Most business opportunities will show you testimonials. But do they come from real people?

They could even be completely fabricated. Ask the owner of the business for names of real people you can talk to. Call them on the telephone and ask them to share their experiences with the program.

This will not only provide you with valuable first-hand information about the program, but it will give you a list of advisors who might be willing to help you along the way.

How much initial investment is required? In many cases a proven MLM business opportunity with a successful track record will involve some kind of initial investment.

What you have to determine is whether a specific MLM business opportunity has a successful track record, is managed by honest people and offers you a realistic chance of actually making some money.These are the things you must weigh against the entry costs.

What is the realistic income potential of the business? Have a careful look at the numbers and projections provided by the business opportunity. Then talk with actual members who are using the program to determine if they have been able to turn those numbers into reality.

Are there extra fees such as yearly or monthly subscription fees, shipping costs, or minimum purchase requirements? Make sure to get a detailed list of all the fees involved in operating the new business. These things may not seem significant now, but they can easily eat into your profits later.

How much control of your new business will you have? Be clear on who owns the business, and who controls the way it is developed and marketed. You may want to diversify your product offerings in order to avoid being at the mercy of a “head office.

The MLM business opportunity should require low initial investment and have high profit potential both in the short term and in the long term. It should allow you to build a profitable business of your own that will be a source of income far into the future.

Its a fact: The Internet is like a giant minefield when it comes to finding a real opportunity to make money. You SHOULD be skeptical.