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Michelle Scott

Last Update 10 months ago

Use this amazing proven system in your own business as well, but learn how to use it effectively with Maltix for a while before you try.

Leads and prospects are two different terms used in the sales and marketing world. While they may seem similar, it is important to understand the distinction between the two.

A lead is a person or company that has shown some level of interest in a product or service. They may have provided their contact information or engaged with a company in some way, such as filling out a form or downloading a resource. However, a lead does not necessarily indicate that the person or company is a good fit for the product or service being offered.

On the other hand, a prospect is a lead that has been qualified and determined to have a higher likelihood of becoming a customer. Prospects have been evaluated based on certain criteria, such as their needs, budget, and decision-making authority. They have shown a genuine interest and have the potential to convert into a paying customer.

It is important for sales and marketing teams to distinguish between leads and prospects to effectively prioritise their efforts. While leads provide a starting point, it is the prospects that should receive the most attention and resources to increase the chances of converting them into customers.

You earn your 10 %, very few business models offer this kind of permanent recurring income.

The pillars of income refer to the various sources of income that individuals or households can have. These pillars can include:

1. Earned Income: This is the most common and traditional form of income, which comes from employment or self-employment. It includes salaries, wages, bonuses, commissions, and income from freelance work or running a business and operating a work from home proven income strategy like Maltix QR ltd

2. Passive Income: This is income that is earned without actively working for it. It can come from investments such as rental properties, dividends from stocks, interest from savings accounts or bonds, or royalties from intellectual property 

3. Portfolio Income: This refers to income generated from buying and selling financial assets such as stocks, bonds, mutual funds, or real estate. It includes capital gains from selling an asset at a higher price than what was paid for it.

4. Residual Income: This is income that continues to be earned even after the initial work has been completed. It can come from activities such as writing a book, creating a music album, or inventing a product that generates ongoing royalties or licensing fees.

5. Social Security and Other Government Benefits: This includes income received from government programs such as Social Security, disability benefits, unemployment benefits, or welfare assistance.

6. Rental Income: This is income earned from renting out

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