-#4 of a series of 20 posts-
Low attrition and residual income go hand in hand. If people are not staying in the masses and consistently ordering over time, then the business is not residual. Residual income is when you open an account today and that customer orders month after month for years to come. Here's a powerful personal example: I personally enrolled 13 new customers my first month in my business. That was January 2003. Today 12 years later, one of those customers has died, two left and the other 10 have shopped every month. I have been paid 144 months on the shopping of those happy customers...this is true residual income. Another cool factoid: those original 13 grew to a total of 86 customers that first 30 days, 2/3rds of those customers received checks that month and I personally earned $4,513.84.
In one of my previous posts, I spoke about having a high customer reorder rate... this is one of the main pieces of the puzzle that create low attrition. Most people in this industry are playing the 'replacement game'. They're constantly replacing the masses of people that are leaving with new people. Think about that for a moment... could it ever truly be residual?
Low attrition is another one of the 12 Success Factors. Again, this is the checklist that has been created by top industry leaders to determine if a company has the ability to fulfill on the promise of lifelong residual income.
High attrition is one of the biggest reasons network marketers fail. If you're in a company now, I'd recommend printing out a copy of the 12 Success Factors and line up your company next to them to see if it has ALL of them. If the company is missing ANY of these factors, you really have to ask yourself if you're willing to invest your time, energy and reputation.
Grab Your FREE Copy Of The “12 Success Factors” Click Here
Always yours,
Linda Bricco Schalk
www.handswithseedsbiz.info
linda@handswithseeds.com
608.314.4004
milton, Wisconsin
research credit to Jason Fisher - Time and Freedom
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