How to Become an Internet Millionaire The Power of Recurring Income Business Model

By James Hubers

If you are wondering how to become an internet millionaire, you need to understand the power of recurring income business model. You also need to know how to separate the facts from the myth.

Many people have this misconception that they need to be a product owner in order to become rich. While there is some truth in it, it is not totally true.

Being a product owner certainly has its advantages. However, it is not necessary in order to become rich. In fact, there are affiliates out there who made much more than the product owners.

The key here is to concentrate on recurring income as an affiliate.

Let look at 2 examples.

Let say Simon is selling a one off product for a price of $100 and he gets a commission of 25%. This means he will make $25 for every sale.

Although $25 per sale is considered pretty good, it is not going to make Simon rich. In order for Simon to make even more money, he has to keep on looking for new customers to sell to.

Let’s look at Tom instead.

Let say Tom is selling a recurring product for a price of $100 a month. The commission he earns is 15% which is around $15.

Although Tom earn less in the initial sale, in the long run, Tom’s income will keep on increasing. This is because Tom is getting paid for the one time effort.

If you want to become an Internet millionaire, you need to understand this concept and apply it in your business.

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