Ep 10: Building Residual Income for that #BeachMoney

 In Podcasts

This is episode 10 of the Pam Sowder Podcast, with your host, Pam Sowder!

 

Pam has over 2 decades of field and corporate experience and was voted one of the most influential women in direct selling. She helps match the daily needs of distributors to everyday life challenges.

 

Today Pam talks about how to make money in network marketing and true residual income. She shares the story of how she first got exposed to the industry, from receiving her first paycheck to growing her business far beyond her original goal.

 

Tune in if you want to learn how you can start bringing in residual income and what kind of figures you could be making as your business grows!

 

Key Takeaways

[:31] About today’s topic: how to make money in network marketing.

[:45] About Pam’s first time being exposed to the industry of network marketing and the concept of residual income.

[3:04] Receiving her first paycheck and It Works compensation plan.

[4:55] Figuring out your goal with residual income, and things Pam learned along the way about selling.

[7:29] An example of what could happen if you bring on board five distributors purchasing a minimum of $80 a month in product and how it can continue to grow.

[11:22] Another aspect to consider with network marketing to continue your momentum and growth.

 

Mentioned in this Episode

It Works

The Compound Effect, by Darren Hardy

 

Continue on your Adventure

Find more episodes on PamSowder.com/Listen

Reach out to her at: PamSowder.com/Connect

 

Reach out on Social Media!

Follow Pam @ItWorksPam on Twitter — Tweet her and use #askpam #pamsowder!