How can you make money alongside or alternatively to a job or other income source? Today on Learning For Legacy, Afam will be following on from last week's episode about four income streams, by giving four opportunities to produce these streams. Find out about affiliate marketing, network marketing, the information model, and the membership model. 

KEY TAKEAWAYS 

• There is a similarity between how the credit crunch affected the world and how the recent pandemic has done as well. Both hit the job dependent middle class the hardest. Those who were rich already had the financial structure in place to weather the storm. Those who might be considered poor or state dependent received help from the government. It was jobs that were hit and lost across the board and many who relied on credit found it more difficult - subsequently resulting in many more also becoming state dependent. 
• Affiliate marketing. This is essentially representing a company to market to your circle of people. It's commission based and you don't need to hold any stock. 
• Network marketing. This is using word of mouth to bring on board a sales force to sell products for you and become a part of your team. You sign up with an established company and set a monthly cash goal that you can earn in your spare time. 
• The information model. This is where you are selling information as part of an information empire. You provide need to know information, such as coaching, advice, consultancy, or training to a marketplace. 
• Finally we have the membership model. This is where you build a club online for people to join allowing them to collaborate and make connections around a special interest. 

BEST MOMENTS

‘People are looking for expert information and the ability to grow' 

‘Even though all were affected, it was the job dependant middle class who were worst hit'

ABOUT THE HOST

Afam is passionate about people building generational wealth for their households. In this respect, his aim is to provide information and insights for lifestyle design, leadership and economic empowerment. Afam is encouraged when he sees others building a legacy for themselves.

linktr.ee/afamo
legacylearning.co.uk
LinkedIn: linkedin.com/in/afamo
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Patreon: patreon.com/legacylearning

PODCAST DESCRIPTION

A topical & interview podcast all about the concept of making generational wealth understandable, practical and accessible. It's important to break down what it really is & isn't. Talks including ethics, character, leadership, strategies, history, case studies, sad stories made good, fun stories making to uplift, leftfield stories making you think, discovering stories/examples around the world. Including interviews with community & business leaders, thinkers, celebrities and everyday people.

This show was brought to you by Progressive Media

Hosted on Acast. See acast.com/privacy for more information.