Category Archives: Money

Making Income Claims in Your MLM Business

In today’s post I want to talk to you about making income claims in your network marketing business.  This is a topic I am very passionate about, because it is such a huge problem in our industry.  Some top earners reveal their bonus checks to impress their prospects and get them to join.  Some folks […]

How to Make Money When People Don’t Join Your MLM Business or Become a Retail Customer

Today, I want to share a life changing business idea with you.  It might not be for you and that’s okay.  On the other hand it might be exactly what you are looking for. Unfortunately, most people in our industry do not talk about this concept, nor do they have a solution to this big […]

Five Reasons to Hire a Bookkeeper for Your Network Marketing Business

My aunt spent some time visiting us this past year.  By trade, she is a bookkeeper, and a mighty good one at that!  She knows the ins and outs of QuickBooks, how to create financial statements, prepare tax statements, do quarterly reports and just about anything else you can imagine when it comes to small […]

The Truth About Multiple Streams of Income in Network Marketing

Like most people, I am a fan of multiple streams of income.  I think it’s good to be diversified, if you do it right. When it comes to network marketing, the idea of having multiple streams of income has been pretty popular for the past five or six years.  Ever since people started promoting their […]

Five Ways to Save Money On Your Small Business Taxes: Tips for Network Marketers

I felt inspired to share some helpful tips on how you can save money on your small business taxes.  Although I am not a CPA or accountant, I have manged my own business books and done my own business taxes for 13 years now.  Along the way I have learned some helpful tips that will […]

The MLM Get Paid Today Model: Seven Ways to Do It

Building up a full-time MLM Check typically takes three to five years, and normally even longer, especially if you are doing it part-time.  Most people who join our industry have a short-sighted vision.  They want immediate income and they aren’t willing to stick around long enough to become successful in their network marketing business. Simply put, most people […]

Linear Income vs. Residual Income

Today, I want to take a few moments and educate you about the difference between linear income and residual income, so you have a better understanding of the two different ways of making money.  I also want to educate you about different ways to earn a residual income. We’ll also talk about the pros and […]

Top 21 Tax Deductions for Network Marketers

In this post, I will share the top 21 tax deductions for network marketers. As a network marketer, you are eligible for great tax deductions, just like a traditional business, assuming you are treating your business like a real business and you have the INTENT to make a profit. The IRS has clear rules about […]