Thursday, September 25, 2008

Making Money out of your First Effort

by: Chen Zarza

Have this phrase broken through your life at least once? I think so, most of us want to be paid when we are sleeping, resting or on vacations. Is there a way to turn your dream into a reality? As a matter of fact, it is possible…

Here is the answer you are waiting for: Passive income. You get money for your previous efforts. "You earn money while you sleep".

Let me explain what I mean; in general we have two categories of income:

- Active income
- Passive income

Active income means: You get money from business participation (salary, dividends, interest, capital, bonuses…)
Passive income means: You get revenue that does not demand your direct involvement, at least after your first work.

Would you like to have more time to do the things you love? Passive income comes and rescues you, giving you the chance to begin a quality life. It offers you economic freedom, and much, much more. What are the benefits?

1.- Requires from you only a first effort
2.- After starting, it works in auto pilot
3.- Decide when, and where you work
4.- Multiple income streams
5.- Free time, used it as you want
6.- Secure your life...

Some sources of passive income include:

- Royalties (from patents…)
- Network Marketing
- Income from a standalone business
- Property rentals
- Investments
- Creative Work
- Insurance renews
- CD (Audio, Video) Sales
- E-book Sales
- Software Products...

Whether you're just starting a business, or running it from time now, start shifting your model to create more passive income, and soon, you can achieve personal and financial freedom.

Passive income is more common in the off-line world; people says “around 80% of passive income scenarios stem from real estate investments”. Despite this fact, there are interesting alternatives if you are running an online business.

1.- Affiliate Programs – Look for companies that offer large commissions, and track clients for multiple sales over a long period of time, preferable lifetime commissions .
2.- Your own informational product - You can create an e-book and sell it on the Web. It is a fact; People needs and wants information.
3.- Software products – Are you a software developer, or have a developer team, or have a good idea and hire someone else to carry out it? This is your golden chance.
4.- Do You have a site that attract visitors? You have some advantages:
a.-Rent space for banners or links
b.-Include Google Campaigns (AdWords, AdSense): the number of visitors that click on the advertising says how much you earn.
5.- If you are an expert in your field, create a membership site, and charge for your services.
6.- Resell services: such as hosting, domains…

You have different choices to create passive income across a diversified amount of opportunities. It may be income coming from the same customers, or revenew from new customers. It may require no personal involvement whatsoever, such as an e-book, or software sold on a web site.

Building multiple passive income streams is the best way to secure yourself for the future. Protect yourself against eventualities, plan for the coming events.

Make Money at Home - Learn the Secrets Before Starting...

by: Michael A Fowler, M.B.A.

To a lot of people, network Marketing seems an arduous task. But it doesn't have to be that way. Networking can be very rewarding and you can have fun while learning how to make money at home.

Advertising can be accomplished in many different ways. Car stickers to sign posts and beer mats have been used consistently. Business cards coveniently placed in Hotels, Taxi Ranks, Airport departure lounges and hundreds of other suitable venues have produced good results. Making money online doesn't have to be pursued online.

To make money on the Internet, you just have to communicate through all the known mediums available. Be proud of what you represent and make sure that others know you are proud of your business. If you aren't proud of it, then go find something else that you can be proud of representing.

You do not need a highly priced business to make money on the internet. In fact, the lower the price, the more interest your business will receive.

Now this is where people go astray ... Network Marketing is about leverage. It is not about signing up thousands of people in your first week. It's about finding just a few people who find a few people ... and so on.

Remember, the drop out rate for highly priced businesses are substantially more than for the lower priced options. Affordability is a key factor in retaining your associates and your associates are the key factors that allow you to make money at home. Looking after, supporting and mentoring those associates should be your prime purpose in life. They are the people who will ensure your success.

In some businesses, you will not find any support whatsoever. Those are the ones to avoid. Also take a look and see if there is a good marketing system in place. If there isn't, you could run up a sizeable bill in marketing your business with external resources.

Remember, the whole point in starting and maintaining your business is to make money, not to spend it on resources that should have come with the business model.

While automation plays a part in todays marketing environment, it is the personal touches that make the sale. That follow up phone call to say hello, makes a whole lot of difference between success and failure.

To make money online, you have to communicate with those who have taken an interest in your business and you have to assure them that you are the person they need as a sponsor. Are you that dependable person?

Knocking The Mythology Out of Affiliate Network Marketing

by: Isaiah Hull

If you have worked as an Internet marketer for any amount of time, you have probably heard repeatedly that affiliate network marketing opportunities are the most lucrative, cleanest, quickest way to make an income on the Internet. And if you have actually tried affiliate network marketing for any amount of time, you more than likely ended up broke or never achieved more than modest, fluctuating success. . .like almost everyone else who goes into the field.

So what prevents you and 97% of all other affiliate marketers from succeeding while 3% continually rakes in 70% of the profits? Are they smarter than you are? Do they work harder and longer than you do? Do they know a bunch of obscure secrets that you do not?--No, but they do have a totally different mindset.

In order to become successful in affiliate network marketing, you must destroy the mythological mindset that most people bring to the business. You must stay firmly grounded in reality if you ever want to succeed.

How many times have you heard about some little old lady that only spends 3 hours a week on her computer and somehow earns $50,000 a month? And how many times have you read an ad that tells you how you can make $10,000 in one month from now if you sign up right away?

We have all seen these ads and we have all responded to them at one time or another. Chances are, if you're in an affiliate program now, you were hooked by a line like that. But what separates the "gurus" from the people who make little or no money is that the gurus understand what this really is: mythology. These stories, while they might be true, promote mythological thinking that tricks people into trying every opportunity that looks good at the moment, rather than focusing on a single opportunity.

These "opportunities" not only prevent you from succeeding, but they have an even nastier byproduct: they promote the mythology that you either succeed on the Internet in 15 minutes or you will never succeed at all.

This is simply not true, yet it is the reason why almost no one succeeds with affiliate marketing: they can never stay with one opportunity more than a couple months. If they do not have instant success, they give up and move on--restarting the same building process they abandoned. They never reap the profit of cumulative efforts. They build a foundation, they leave before starting the actual building--and then they move to another company, start the foundation, and then leave once again.

Without exception, every successful Internet marketer has spent an enormous amount of time both researching and experimenting with online business. Most have failed miserably a number of times and most have spent a significant amount of time working their way to the top and achieving profit. It really is pretty hard to earn an income on the Internet, but it is entirely doable if you are following a proven plan and if you are willing to abandon lofty mythology for a plan rooted in reality.

Affiliate marketing is one of the best places to start making a profit online. In fact, almost every successful Internet marketer I know started her career selling affiliate products. Many of them still do. What made them successful is that they found a legitimate opportunity to make money (whether or not it was the best one available), they found replicable processes that got them visitors and profit, and then they repeated those processes and reinvested those profits until they got to where they are now.

Most people cannot accept that making money with affiliate programs is this simple. I have found that most affiliate marketers who do not earn an income online either a) do not want to do actual work or b) have developed a mythological mindset from reading affiliate program advertisements--and can only think in terms of making money on the Internet through magic, rather than results-oriented action.

In closing, I will summarize and then dispel all of the popular Internet affiliate marketing myths, so you can skip the learning curve and start building your empire today:

Myth #1: There is an affiliate program out there that will do all of the work for you and make you rich without requiring effort on your part.

Truth: You have a much better chance of earning an income on the Internet if you work on the affiliate program you are in currently in (as long as it is a legitimate opportunity) than if you search the entire Internet for a better opportunity. There is definitely a lot to be said for having a responsive, successful upline, but ultimately, your success will depend on your actions. You can sell anything on the Internet; you just have to spend enough time in the building and learning process.

Myth #2: You must spend an exorbitant amount of money on advertising to make money on the Internet.

Truth: Every single successful Internet marketer puts heavy testing, good design, and reliable follow-up over heavy spending. They minimize costs and they make sure what they are actually spending produces empirically-acceptable results.

If you ignore this you will fail. A lot of real life corporations spend thousands of dollars monthly on PPC campaigns and end up making no money at all because they don't start small and test their results. They just throw money at the problem and hope for sales. You don't have thousands of dollars to throw away, so don't do this.

Myth #3: You will succeed or fail on the Internet or on any Internet money-making venture within month.

Truth: Most Internet marketers have spent time building an enormous empire with big mailing lists and regular website visitors. They worked to become successful. You must also.

If you want to find an affiliate program that makes you rich instantly without putting in any work, then continue spending money. Send me an email when you find it because I have personally looked at hundreds--and while some are better than others--none offer success without action.

The Internet is riddled with mythology. If you want to succeed, you must reject this mythology and look for clear, work-for-results solutions. You must create plans and put them into action immediately. You must build and cultivate a base of subscribers and visitors. And above all, you must accept that you can only achieve profit through sweat, not luck.

Key Aspects Of A Successful Network Marketing Program

by: Kirk Bannerman

The world of network marketing has many aspects, but promotion,
persistence, and patience are three key elements which are
vital to achieving successful results in a network marketing
program.

PROMOTION is the lifeblood of network marketing. Whether you
are using online methods or offline methods, or a combination of
both, you must constantly strive to get your offering in front of
a targeted audience.

There are thousands of published sources that deal with specific
methods of network marketing (both online and offline), but the
key point to be made here is that you must have an active
promotion campaign designed to bring in a steady stream of new
prospective downline members.

PERSISTENCE is a key element in network marketing success.
You've gotta "just keep on keepin' on", even though frustation
levels can be quite high at times.

After you have been at it a while, and have a downline large
enough to provide reasonably accurate statistics, you will
probably find that about 95% of your downline members are dormant
and do nothing at all. Its easy to get down in the dumps or take
it personally when you encounter so many "do nothing" people.

Therefore, it is really important work with and actively support
the 5% or so that are serious about participating. And clearly,
an active and effective promotion campaign will continue to
bring in increasing numbers of potential participants so that
while 5% is small on a percentage basis, it can still be a
sizeable amount from a pure numbers standpoint.

PATIENCE is vital. You can expect that it will take about a year
before the awsome power of geometric growth kicks in.

A classic illustration of geometric growth is the frequently used
penny-a-day example.

If you save one penny on the first day, and double it every
successive day, (day two you have 2 pennies and day three you have
4 pennies, and so on) how much will you have at the end of
30 days? The answer, to the astonishment of many, is $5,368,708!
Amazing, but true.

Its a sad statistic that most network marketers fail and it is
often traceable to the fact that they did not exhibit enough
persistence and patience to continue constantly promoting their
business for the year or so that is required for success.

Network marketers that stick with it for a year or more often end
up becoming the proverbial "heavy hitters".

In closing, I would like to encourage you to increase your chances
of becoming a successful network marketer by always keeping a
clear focus on "the three P's" of Promotion, Persistence, and
Patience.

Tuesday, September 23, 2008

Is "Work at Home" Loosing Popularity?

by: Mahesh Bhat

As per search engine suggestion tool, the term “Work At Home” may not be loosing its popularity. But the term is obviously loosing it's meaning!

Is The Term “Work At Home” Loosing its Popularity?

Let me start this discussion with a simple question. On the Internet why folks search for “Work At Home” or “Work From Home?” Reason may be countless. But what they are exactly looking?

“Job or Employment”

Yes, in-fact more than 80% of the folks are looking for jobs rather than biz. But this Internet Ocean can't generate unlimited job opportunities. It can only generate unlimited business opportunities (There is a wide difference between biz opportunity & money making opportunity!)

Folks spend countless hours on the Internet searching for jobs. Obviously they don't find any job, because there is no job at all. But they find money making as well as biz opportunities; they join to such opportunities because it’s FREE. They don't read; they don't listen; they don't try to understand how the system works? They don't work. But they jump from program to program & biz to biz. They don't stay focused at a single point. They don't have long-term goals. But they live in the dream world counting million dollars!

In simple words majority of the “Work At Home” folks “Do Nothing & Expect Income.” There is one more chance that, they try to do too much! So at the beginning stage it would definitely cause for failure.

The one & only way to earn legal money on the Internet is to “sell a product” or “sell a service” Simple! But “work at home” folks realize this truth rarely & lately. By the time they realize this truth, they decide themselves “No, I can't sell anything on the Internet, I can't recruit anyone, Internet biz is no more fits to me, so I should quit this”.

An average of 40-60% folks decide so and run away from the Internet biz (sad truth for us) And they badmouth each & every programs or biz opportunity in which they have been involved.

Some time folks get attracted by “Do Nothing & Get Rich Schemes” (Scams!) If they have money they will throw it on these types of programs. “That's the END of Work At Home!”

So in Internet language, ”Work At Home” doesn't mean that “job” or “Employment”. It means business, but it has to be done like a job! Consistence, Persistence, Patience, Talent & Intelligence is important to have success on “Work At Home” programs on the Internet. And finally it's also matter of L-U-C-K

I personally wasted about six months to find a perfect “Work At Home Business” I tried all types of “Affiliate Programs”, “Network Marketing” “MLM”, “Get Paid To...” “Secret Agent (?)”, “Data Entry Scams” and more! I'm glad to say that I did not loss much money. Anyway finally I managed to find a best “Internet Based Home Business”. I don't know how to make Five Figure Six Figure or Seven Figure Income per month. But I know how to make a comfortable living on the Internet.

Can't you make money on the Internet? Don't Worry. At least you can have million dollars of Information & Knowledge on the Internet for FREE!

Conclusion:
As per search engine suggestion tool, the term “Work At Home” may not be loosing its popularity. But the term is obviously loosing it's meaning.

Hundreds of Thousands of folks are entering into the Internet Ocean every month looking for “Money Making Opportunities”, Some folks would find “Goldmine” on the Internet Ocean, some folks find tons of dreams but no gold, not even dust !
Let's wait and see..

Is There Network Marketing Without Hype?

by: Gobala Krishnan

When I was first exposed to network marketing at the age of 23 and introduced to the idea that any average person can take control of their destiny for a better future, I could see new light of hope.

You see, for me, life had to be about making choices, and the lack of that ability so often in my growing years led me to believe that network marketing is the do-or-die answer. Little did I know or expect the amount of hype I was about to get in my first naive year in network marketing, which almost crushed my dreams simply because no one shared the truth with me.

Is hype really necessary in network marketing? I honestly don't think so.

I hate hype and the very essence of trying to convince someone by using false or misleading words and deliberate interpretation of other people's words in order to get a sale or make a new MLM recruit. I believe in network marketing, but the hype that so often comes as a pre-packaged MLM "starter kit" almost destroyed what I believed in.

Here's why I don't believe hype is necessary in network marketing; because network marketing is not about selling false hopes to anyone. Network marketing is not about selling at all; it's about building long-term relationships and trust. Network marketing is not about convincing, it's about sorting.

If you were looking for a business partner, which one would you prefer? Someone who told you the truth, or someone who stretched the truth whenever he can to keep you happy? Sad to say, you may well belong to the first category as I do, but there are hundreds of people out there who actually welcome the hype.

These are the type of people who WANT you to tell them exactly what they want to hear. And what's that?

They want to hear that they will be able to make money easily without shedding blood and tears. They want to hear that they don't need to learn any new skills. They want to hear that the product you're promoting is 100% perfect and that people will be lining up and punching each other to buy it. They want to hear that success is looking for them.

And as long as those people exist, there WILL be hype in network marketing. When there is demand, there is supply, as my economics teacher used to say once. There's nothing much you or I can do about it. Hype kills network marketing for all those who choose not to walk that path, but it's something that we have to live with.

I also believe just as there are those who WANT hype, there are also those who want the truth. And what's that?

The truth is that network marketing is not perfect. No business model is perfect. There's always a risk that you'll fail. There's always a risk that you'll lose money. There's always a risk that all those things you don't want to happen, will happen.

As long as you're ready to accept that risk, as long as you find someone who is wiling to share the truth with you, and willing to share the risk with you, won't it be worth it to explore the possibility that network marketing promises?

If you fail in network marketing, a business opportunity that has no fixed costs, low investment, and one of the best cash flows compare to any other business, will your life really be worse off than it was when you didn’t realize YOU had a choice?

Or will you be better off than those who never tried simply because they were too afraid of failure? That's something to think about.

Internet Based Network Marketing Success

by: Lana Hampton

Internet based network marketing is a rewarding business for those who can do it right. However, Internet based network marketing can be as daunting to the beginner as to the more experienced in business, especially when considering the size and power of the Internet.

So Internet based network marketing is a potent recipe that can lead to your financial success. The secret to success in Internet based network marketing is a simple duplicable system that anyone can follow-- not just experienced networkers. This includes both online, offline and a combination of the two, for both part-time and full-time participants. PLUS a product you truly believe in. Armed with this combination, you are ready to take on the world.

However, there’s a downside to Internet based network marketing too, as with everything else! No sensible networker will ever advise you to rely 100% on the systems, and with very good reason. The systems assist you in every aspect of your business, but the power of network marketing only begins to multiply when you keep your downline growing too. This can only be done by building relationships with your team, no computer can do that!

Picking your core opportunity can be a very personal thing. You may have had previous experience in a particular industry for example, but eventually it will come down to one key decision - what you are selling or promoting. The secret here is to realize that every Internet based network marketing opportunity has three facets: Retailing, Customer Lead Marketing Plan, and Business Lead Marketing Plan.

Retailing is just focusing on selling a product to a customer to earn a commission. The Customer Lead Marketing Plan is a very powerful marketing plan since customers make the best distributors of products, because they have a personal story to tell. Although it is business builders that will make you the most money, every opportunity will have a marketing plan to follow up with your customers to convert them into business builders. The Business Lead Marketing Plan, on the other hand, is the same for every opportunity although not many people realize it! By learning basic network marketing techniques and perfecting them, it is then easy to share with your downline. This is the key to a successful network marketing business. You are in the people business; your core opportunity is just the vehicle.

So you see, Internet based network marketing is quite easy really, if you get the hang of it. This is your golden opportunity to build your own home business and be the master of your own destiny.

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Internet And Network Marketing Works

by: Lana Hampton

Internet and network marketing are inseparably related today. The phenomenal growth of the Internet has been a great boost for those trying to establish a network marketing business of their own. Whether part time or full time, you can combine the worldwide exposure and instant response so typical of the Internet to build your business from your home or office computer, or for that matter, anywhere in the world. You are always connected.

Many people have made fortunes on the Internet and network marketing has been easy for them for so many reasons. But the one common thing among them is that they have all worked really hard at it. This is no ‘get-rich-quick’ scheme on the Internet and network marketing is just like any other business. You succeed if you persevere.

If you are conversant with the ways of the Internet and network marketing looks like the right thing for you, then start building your business today! Network marketing is a worldwide mega trend today, with about 30,000 people joining network marketing companies per week. And why do you think that is? Because network marketing is a way for an average individual, without any prior business experience and technical training, to establish a worldwide, highly profitable marketing organization, and to run it out of his or her own home.

Network marketing is nothing but a highly efficient way of getting a product from a manufacturer directly into the hands of the customer, without all the middlemen who only serve to increase the cost of the product, and without the traditionally huge advertising expenses incurred by most companies.

The Internet has had great effect on the network marketing industry. Some companies have been very successful in using the Internet and network marketing has been booming. There are several companies with sales in the hundreds of millions dollars annually, who enter between seventy and ninety percent of their orders via the Internet or automatic touchtone ordering. The distributors use this system because they choose to. Those who feel the least bit uncomfortable with technology are free to call an 800 number to place orders with live operators. Most, however, recognize and take advantage of the benefits of the newer technologies.

So don’t have second thoughts about whether or not to make use of the Internet, and network marketing may be just the thing for you. Work at your own time and pace, and slowly but surely build up a residual income. Fulfill your dream of being able to afford the luxuries of life. Enjoy life king-size!

Network Marketing Do's and Don'ts

by: Nial Robbins

Why did you become a network marketer? Most people immediately respond, “for the money!” However, this is not the real reason.
No one subjects them to the hard work of building a business just for little pieces of paper with the faces of dead presidents. The truth is you work in order to obtain what those little pieces of paper can bring you.

The first thing you need to do is to find the reason WHY you are a network marketer. Is it the freedom to choose whatever you want to do whenever you want to do it? Maybe you are looking for a different lifestyle. If there is one thing that is critical to your network marketing success, this is it. If you don’t have a reason, there is no motivation to succeed.

A network marketing business is a teaching and coaching business. If you don’t like interaction with other people, a network marketing business probably is not for you. There’s a concept that most network marketers just can’t seem to get a handle on. You do not sponsor “reps,” you sponsor “people!”
If you have to find a reason why you are building your business, then doesn’t it stand to reason that other people will have to do the same thing? If that’s the case, then why is it that network marketers continually focus on how much money your prospect can earn?

There’s no way you are going to convince “Joe Sixpack,” to get out of his Lazyboy recliner unless you find out what his motivation is. Most network marketers literally pound in the amount of money Joe can earn. They bombard him with message after message about how “Successful Sam” has just purchased his 10th Porsche, refurnished his 25,000 square foot cottage and promise Joe that he can do the same!
Just how realistic is this approach? Joe isn’t stupid. He works long, hard hours at his job in order to provide for his family and truly believes that the best thing he can hope for is saving enough money by summer to pay for a camping trip. Then here you come, promising Joe that he can have everything that Sam has and he can have it if he will just sign that piece of paper making you his sponsor!

You will probably sponsor a few people that way, but if you are in business for the long haul you need to change your approach and do it fast.
The proper approach is so simple, but in your rush to sponsor another “rep” instead of helping another person, all too often you talk yourself into and straight out of sponsoring the Joes of the world.
God gave you two ears and one mouth and he did it for a reason. We are supposed to “listen” twice as much as we “speak.”

Instead of pouncing on Joe with the latest and greatest network marketing program of all time, find out what Joe wants and needs. Ask him questions, lots of questions. In fact, in your first meeting with Joe, don’t even mention your business! Yes, that’s what I said. Don’t even bring it up. Remove yourself from the super duper network marketing persona and spend time making a new friend.
Follow these recommendations and you are set to grow your business exponentially.