You have decided to become a full time entrepreneur, but you want to make sure it's the right decision. You have nothing to show for all these years you've been serving on you J-O-B. There is controversy these days about depending on social security. The 21st century is definitely a time to start taking seriously another income stream such as MLM residual income. All you need to do is to have knowledge of which sites you can access to obtain the training you'll need. Maybe you've heard that nobody is interesting in buying because everyone is broke. It would probably interest you to be aware that, even in these times, people are obtain great streams of income through network marketing. You really have no need to be concerned in whatever shape the economy may be in. History tells us that a great many people discovered their fortune during the depression in the late 1920's. With the internet in the 21st century, it's never been more manageable to achieve financial freedom!

Just think, if everyone could fathom the kind of money you can make through network marketing, there probably wouldn't be any stores for shopping. Now, let's get started! I'm going to assume that you understand why you should be building a business using the internet. At the very least, you understand that the internet allows you to tap into billions of potential customers in hundreds of countries with very little investment and with potentially, unlimited return.

The most important initial processes are covered in the next few paragraphs. I want to focus on the four initial steps most critical for network marketing online. Do not go broke throwing good money after bad trying to sell your opportunity on line before you have knowledge of the right procedure.

Step number 1 - Do not try to get a website to peddle your opportunity product. Most network marketers tend to make this error in the beginning. Nobody searching websites is interested in purchasing something they look at for the first time without knowing more about you. Your prospect will learn to trust you when you can offer them something they're looking for. You will need a website that will give value to the online visitor. You may want to offer a free training video to begin the customer/marketer circle of trust.

Step number 2 - Build your list. Generating specific visitors to your website, or "targeted traffic" is the single most important skill that you will need to master. When you have a "targeted" visitor to your site, your lead conversion rate will be greater, and there are several list building techniques. I suggest starting small so you don't break the bank, beginning with article marketing, solo ads or email. If you do this right, you can count on a percentage of your leads turning into buyers. You will want to test your website regularly and check conversion rates to determine the percentage of leads that become buyers.

Next is the third step...an auto-responder system in place is critical for successful network marketing online. It is a proven fact that, on average, a prospect needs to be approached with an ad or idea seven to twelve times before making the commitment to sell. An auto-responder will do this automatically for a small monthly fee, only about $20 a month.

Let's move on to step number 4…affiliate marketing. Affiliate marketing is getting your website to promote other's services or products. I can't stress enough how many advantages there are with affiliate marketing. This particular system is really easy because it doesn't need to be your idea, product, or website. This is what you do: There are several products available to you where you can sell on your site or blog for a commission. In most cases, you will be obligated to first buy this product, which is a good thing, because you'll want to know more about it. The only thing you need to do is make sure enough people see your website with the product or service offer. When they purchase a product from that website, you get a commission. Also, the same customer could purchase some of those products down the line or upgrade, and more money comes to you! Ongoing and automatic MLM residual income....it's really work looking into!