In any business, you
need two types of income in order to enjoy the best possible leverage and long-term
security and stability of income. It's even more important in network marketing businesses.
- Reciprocal income is earned
by exchanging one thing of fixed value for another. This applies to any job, trade
or profession where you trade a fixed amount of time for a fixed amount of money.
Or in sales, where you earn a fixed commission for each sale you make.
There are two benefits of reciprocal income - it's immediate and predictable. And,
since most people need money NOW, and they need to know exactly how much they'll
be getting, the majority settle for reciprocal income from week to week. Often it's
because they don't have a choice. In other cases, such as "self-employed"
people, it's because they don't know any better.
The big disadvantage of reciprocal income is that if you stop, the money stops too.
You do something once and you get paid for it once.
- Residual income is earned
by doing something once, then being paid for it over and over again. Authors, songwriters,
playwrites, inventors and investors are examples of people who earn residual income
in the form of royalties, rent and dividends.
Both are important in network
marketing, especially when you first get involved, because you have bills to pay
and mouths to feed. You need immediate, predictable reciprocal income
to take care of those pressing needs.
But you also need the long-term security and stability of lucrative, ongoing residual
income in the form of monthly bonuses and royalty overrides.
Flantech's powerful Compensation Plan allows you to earn reciprocal income
through personal retail commissions and it's ingenious Retail Rebate
feature that encourages you – and everyone in your downline team – to retail some
products to a few customers.
Through our Compressed Unilevel system, even brand new members can be in profit quickly,
and begin laying the foundations for long-term residual income immediately
through our Building Bonus and Leadership Generational Bonus Programs.