Episode 132

Passive Income Ideas for Network Marketers with Gloria MacDonald

Published on: 10th November, 2022

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Joining the podcast today is Gloria MacDonald, founder of Life Alchemy Inc, who has built a business helping Network Marketers build passive income. Previously, network marketing has been a very time for money exchange, but Gloria shares new solutions on the market for people who want to create truly passive income, for people who want to invest their money to make money rather than build a team or actively sell products.

What I admired most about Gloria was how her passion for financial diversification and how it has driven her to build a multi-dimensional brand in the network marketing world.

Here are some key topics we talk about.

  • The difference between Passive Income and Residual Income
  • The Importance of Diversification
  • Making 6 figure income in network marketing and how to do that
  • Top residual marketing companies that you can make money without recruiting or selling
  • How to make your own rules in the network marketing rules
  • The power of LinkedIn for network marketers and how it is easier to target ideal clients vs. Facebook
  • How to choose one platform and go for it
  • How to make make money on YouTube
  • How video is the fastest way to bring a prospect from cold to hot
  • How to build a prospect funnel
  • Optimizing YouTube search engines

Connect with Gloria MacDonald at www.gloriamacdonald.com

4:05 - 4:22 Ditch companies that make you focus on 1

4:22 - 5:10 Passive Income in network marketing

6:14 - 6:45 Passive Income idea for people that 100% of people make money without doing any extra work

7:43 - 8:43 How residual income works

8:49 - 9:05 - Opportunities to make money 100% without selling or recruiting

16:36 - 17:26 The power of YouTube to get new team members without ever talking to them.

21:17 - 22:21 - Gloria's turning point

23:53 - 24:32 The power of an email list

25:11 - 26:11 - What one strategy does Gloria recommend to grow an email list

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Mentioned in this episode:

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Transcript

Passive Income For Network Marketers With Gloria MacDonald

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Freedom Entrepreneur Podcast
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Lindsay Sutherland

Mom of 4 who left my 20 year career (and city life) to live in a log cabin in the woods. I am passionate about helping families get back to their roots by spending more time with each other. The vehicle to make that possible is passive income which is why this podcast is all about building multiple streams of income!