Sunday, April 20, 2008

Creating Multiple Streams of Income, Network Marketers as Writers and Public Speakers

There’s no doubt that one of the secrets to creating wealth on a long-term scale is having multiple streams of income constantly coming in. The idea behind multiple streams of income is that if one stream “dries up” temporarily (or permanently), then you’ve still got others to fall back on.

Having multiple streams of income means that you’re never faced with the panicky feeling that you’re not bringing in enough, and you can have a positive energy that affects others because you don’t have to worry about your business near as much. It’s definitely a great way to bring confidence and security into your life.

Luckily, there are plenty of ways to expand your network marketing business to create wealth in different ways. Many network marketers expand into the field of public speaking or writing to add even more income and impact to their business.

Let’s start with the realm of public speaking. If you’re currently having success with your network marketing business, then offering talks to teach others how to do the same thing is a logical step. Many people feel public speaking could actually fall under the “personal development” category. Not only are you making money, but you also get the enormous satisfaction in knowing that you’re helping other people realize their dreams. That kind of positive energy and good feeling is worth the effort you’ll put into doing this, as will be the wonderful people you’ll get to meet along the way.

There are many different things you can do to promote yourself as a public speaker. You can offer tele-classes, which will enable you to reach a lot of people over a broader area, increasing your income. You can offer classes at community centers, schools, libraries, and other public places and show others the great benefits of exploring network marketing business opportunities. Once others see that you offer public speaking you’ll soon begin to be regarded as an expert in your field, which do wonders if you market yourself this way.

You can also offer one-on-one mentoring to the people you coach through your classes and talks. If 30 people show up to your “Creating Wealth Through Network Marketing” talk, it can be hard to give the type of personal attention and advice that some people might want. Well, offering a mentoring program to others looking at starting a business can give them the confidence and security they need. You’ll be there as a guide for them, answering questions and coaching along the way.

Although many people start shaking in their boots when they are faced with the prospect of public speaking, the best way to combat that and become a natural is to do what Tony Robbins did. He booked himself public speaking engagements 6 days per week when he was starting out. He made himself face his fear, and he put himself out there for the world to see because he truly believed he could help people. The result? He’s now one of the most highly paid public speakers in the world, and he’s created an empire from his personal development seminars. Can you do this with your network marketing business? You bet. But you must face your fear and realize that you have the power to help others start living their life without limits. Once you believe you can help, then you can draw from that whenever you get nervous.

Writing is also a great avenue to explore if you’re looking for a unique way to create wealth. Thanks to the Internet it’s easier than ever to write and submit articles, and e-books have quickly become an accepted way for readers to get good information. You could write an e-book and sell it on your Web site. You could write and submit articles on network marketing to ezines, print magazines, or newspapers.

You can approach writing the same way we talked about approaching public speaking. Yes, you’re looking to grow your business, but you have the power to change lives with the knowledge you have. You can help and inspire others to leave jobs that are unfulfilling and set them on a path that fills them with joy and gives them the type of freedom they’ve always dreamed about. Sounds pretty great, right?

If you’ve got some great ideas but are worried that you’re no great shakes at putting it all together, don’t worry. There are plenty of freelance writers out there that are more than happy to ghostwrite articles and e-books for you. If you’re not the best writer it’s a great way to start getting your ideas out there. If you feel comfortable with your writing ability, then search online to see what other people are writing about network marketing. What can you say differently? What can you offer that no one else can?

As you can see, growing your network marketing business and creating wealth in unique ways is yours for the taking. Will it take some effort? Sure it will. But nothing worth having is ever just handed to you, and both these opportunities have the potential to help hundreds of thousands of people make a difference in their own life, as well as bringing in plenty of extra income for you. It can be a very rewarding way to grow your business!

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