Saturday, May 31, 2008

Long Term Residual Income Sought By Baby Boomers

Long Term Residual Income Sought By Baby Boomers
 
Long term residual income is a hot topic in the baby boomer circles. Baby boomers are quickly closing in on retirement age and are searching diligently for long term residual income to supplement their shrinking retirement funds.
 
Time is long past when you built your career with company funded retirement plans that actually worked. More often than not those long term plans have been shortened by an employer's change in retirement plans, funding reductions and even mismanagement of the funds.
 
More and more baby boomers are seeking other avenues to supplement their goals of having long term residual income to add a cushion to their retirement years. Only 28% of Americans are meeting their retirement savings which means that an ever growing number will be dependent on a failing social security system.
 
A large number of Americans are forced to delay retirement due to inadequate retirement funding seek additional sources that can supply the long term residual income needed to sustain their needs.
 
One such avenue that has been overlooked because of its previously poor reputation is network marketing aka MLM. Although marketing on the net can provide an added source of income, traditional MLM companies lacked the stability and longevity to provide streams of long term residual income.
 
New technology coupled with sound business practices is working toward cleaning up the industry andmaking long term residual income possible. Two visionaries who espouse the value of network marketing are Donald Trump and Robert Kiyosaki. In their book "Why We Want You To Be Rich", Trump and Kiyosaki endorse network marketing with this caveat "Finding the right company"
 
One man who seems to have a solution is Thomas Prendergast, CEO of Inetekk. In an interview Prendergast reveals a marketing concept that he has developed that has been producing a long term residual income passively.
 
This concept has caught the eye of people not just in America but also as far away as South Africa, Australia and Japan. Since revealing the It's Good Business concept to the public less than 2 months ago the Internet has been in awe over the record breaking results.
 
It has caught not only the attention of marketers but also marketing companies as well. Plans such as this who use the strategy of buying customers, not leads are likely to change the way online marketing is done on the internet.
 
For more information on this record-breaking, results oriented business model that is sweeping the Internet visit http://itsgoodbusiness.net
 
 

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