Selasa, 13 April 2010

How to Evaluate a Residual Income Opportunity

In choosing a residual income opportunity, you should be aware of certain guidelines or questions you'll need to answer that will make you more confident in your decision to join. Your trust needs to be at a high level before you join. Be aware that any company can change its business or go out of business at any time, so building your own business might be your most reliable alternative.


1. Know who is at the core of the business, the founder and the present owners. What are their reputations and successes to this point? Have you seen any of their other programs that they promote or are associated with?

2. Determine the dollar cost to enter this business. What happens if your not successful right from the start? Are there any guarantees? How much do you stand to lose if it doesn't work out?

3. Know the product being promoted and your role with it. You should be proud of the product or service, since it will test your own beliefs, if you start hearing complaints.

4. Find out how and when you get paid. If you join, you should expect to earn relatively very quickly and within the month even after investing less than $100. You should be in profit or close to it, very soon. Only invest what you can afford to lose. There should be multiple ways to increase your earnings.

5. If it is residual income, then you might be contributing each month as well to cover your costs in the program. Are you earning enough to cover your costs? If you don't have to contribute each month are you seeing progress each month?

6. Enter into these residual income opportunities knowing how much time and money you have at stake and don't hang on if you are not getting the results you anticipate with the work you put into it.

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