Doing business requires one to take certain risks and those risks can either make or break your business. When it comes down to it if you don't make continued sales, your business will suffer and eventually fail. Learn to take advantage of the powerful concept of residual income network marketing and enjoy business success.

The concept of residual income is income that you continue to earn over and over again from only doing the work one time. This concept has been around for some time but only now is gaining in popularity among those in network marketing as well as other fields.

In the past, only authors, musicians, and certain insurance salespeople enjoyed this type of income from work they had done only once and continued to make a monthly income from future sales of their product. With network marketing, there is a distinct advantage in earning this type of income from efforts that you do now and enjoy future income for years to come.

In the networking business model, in order to generate this residual income, one must sell consumable products or products that are used up over a short period of time and must be bought again and again. This can be products such as vitamin supplements or candles or food-based products.

It is in these types of products that residual income is generated. In network marketing, you must build a team and teach them to duplicate your efforts. You may work hard in the initial months of building your business and team, but once they are in place, the residual income starts to flow in month after month from products sold and from the efforts of your team.

This business requires solid leadership skills in order to build a good solid team or network. The skills that you develop must be taught and repeated throughout the network. The networking model is such that what you teach others they, in turn, teach others and so on. Then you can build the residual income that you seek through the efforts of your team.

A team leader stands behind their network at all times. They are there for them to answer any questions they may have and to guide them in their efforts to duplicate business success. Everyone wins with this business model when it is done correctly. Each team member must be just as motivated as the other toward ultimate success. A good leader can find such people through lead generation efforts and interviewing those they want on their team.

Building a solid recurring income is the goal of any networking business and you must have certain key elements in place in order to do so. It is a learning business model and getting the proper training is vital to your success from the outset. If you need training find someone who is successful at what you want to do and then duplicate their efforts. This is the best model to learn from.