PASSIVE INCOME

"The size of your PASSIVE INCOME will determine your financial success or failure"

The statement above simply says that you could determine a successful man through his Passive Income.
A passive income could replace Active Income depending on the people's need.
On my previous post, I only mentioned 3 of known Passive Incomes. In today's
market there are two new Passive Income Sources that grows faster and booming.
These are MLM and Internet Marketing. 
MLM -Multi Level Marketing - this is also known as Networking.
This business boomed because of its strategic commisioning of cash flow
and advertising of product. Its marketing Strategy is remarkable because it
eliminated expensive Advertising through TV,radio and newspaper but intead
the advertisement and promotion is done through people and packaged with high
return as product sales grow bigger and bigger. This option also offers better compensation
than having a regular job. Income increses Exponentially in this business, meaning your commission
doubles as your sales or group grows bigger. unlike in having job,your salary increases in linear
wherein the company just adds a percentage of your salary but they won't multiply it. 
Today there are plenty of MLM so we have wider choice on which Company we would join.
For me my basis is unique product and unique strategy, for most of the existing MLM are beauty and healthcare product which are expensive due to its overhead expenses. The very well known MLM in Philippines are Avon, Natasha, and many more.

Internet Marketing  also boomed because of the technology it offers and easy to access. In here you would be earning just like how your favorite TV Channels earn in advertisement that they show. Since most of the people around the world frequently access their Email addresses, their social networks and many other Internet related activities. Internet is a world, a market. Some do the business by Buying and Selling of products. Some are by Blogging their insights( just like this), and by Writing Articles.


if you have questions click on my contact details.