04: The Pipeline Principle and Residual Income in Network Marketing
In todays episode I get into story telling mode and share with you a story of two men. From this story you’re going to understand the pipeline principle and the true value of building residual income through network marketing. This is a concept that I think you’ll definitely want to share with your team! To do so, you can either share this podcast episode with them, or just practice your story telling skills and tell it to them yourself. 😉
If you like this topic you should definitely check out this blog video training: What is Residual Income and How to Create it in Network Marketing.
OUTLINE of this episode of the Network Marketing Mastery Podcast:
- [0:01] Matt’s introduction to episode 4!
- [0:27] Invite to subscribe, rate and review the podcast / Go Pro books giveaway – CLICK HERE for details.
- [0:50] Invite to join the Network Marketing Mastery Facebook Group.
- [1:06] Intro to the pipeline principle!
- [1:42] The pipeline vs buckets story.
- [4:01] How building your network marketing biz is building a pipeline of residual income.
- [6:57] How the man building the pipeline is different from the man hauling buckets.
- [7:28] Where does the residual income come from in network marketing?
- [9:14] Working full time on your job and part time on your fortune.
- [12:10] How to connect with me and final announcements
- [12:59] Invite to listen to Episode 5 about a strategy that I recently learned and am SUPER excited to implement in my business.