Showing posts with label Passive income. Show all posts
Showing posts with label Passive income. Show all posts

Friday, April 3, 2015

Funded Proposals - The Secret to Making Real Income in MLM

Most people are going about their online marketing all wrong...

And that's why they never make any real income from what they do.
Most network, affiliate and Internet marketers don't know how to really succeed.The basic problem is that they don't know what they don't know.
Yes, I had it all wrong to begin with, too.
I floundered around with talking to my immediate friends and family and wondering why no one really wanted to hear all about the amazing opportunity I'd found. Meanwhile, I kept buying and trying these products, and doing all of their online courses I could. I figured that if I kept searching around the company website, I'd find the answer.
No, I never did. (But I was meanwhile going more and more broke...)
The answer came when I was just about to give up on the whole company. My uplines was out of town and not available. Nothing I was doing in all these months of work was even getting a prospect in front of me, much less someone who wanted just to buy some of this product. So I sat down, dejected, in front of my computer and started surfing - seeing if anyone else had this problem.
Somehow, I stumbled upon Magnetic Sponsoring and that author's free video bootcamp.

The Secret was hidden in plain sight.

Mike Dillard now devotes his energy to helping others achieve real wealth.People are mostly mis-trained about marketing and "making money". 
As a herd animal, humankind is trained to always follow, to not stand out. Yet it's the real leaders, the entrepreneurs, who take the risks and attract the following.
Mike Dillard found this out - and became a millionaire before he turned 27.  All the clues were right in front of him, yet he was still poor and struggling - because neither he nor anyone else had put them together into a pattern that made sense. 
And when he did, he was able to build his business rapidly and became a name in the marketing world on his own - a "phenomenon". 
His turning point what when he simply decided to sit down and just study what worked, instead of continuing to do what everyone else did.

Simply: you make marketing pay for itself.

Money is tight when you're starting, so the best way to start is the funded proposal.People starting out in online marketing, weather it's multi-level-marketing or anything else, can fall into the trap of thinking they have to spend a lot of money - that they don't have - in order to "drive traffic to them". Great sums are spent on advertising in the hopes that the numbers will turn in their favor. 
But for the vast majority of people doing this, they never  accomplish anything that  is close to their dreams. Because they are following the wrong example.
Leaders lead. And that's the point. When you narrow down what works and focus on applying only what works - it's then you start making progress.
And people start following you because of your success.
Dillard discovered and perfected the "funded proposal", which is simply a system where interested people are attracted to an opportunity and then lead to their own success by giving them low-cost, high-value educational and training materials that they already want, need, and have been looking for.
And after that discovery, Mike Dillard tested these results and made his millions within his own company. Other people were easily able to duplicate what he did and so built a fast-growing team of people using this system. That team grew and grew - because his system was easily duplicated and taught. But while he could have kept this only to himself and his team, he knew that he had to get it out to the world. So...

...he gave it away as a free series of online videos and an inexpensive book.

Mark Hall studied the funded proposal and came up with his unique backend - you can start today!That's where it all started to turn around for Mark Hall. He had been working around his MLM company for literally a decade. When he came across Dillard's work, he was able to quickly get 4 people sponsored on his own and saw how this fantastic system would work for anyone. 
He'd already tried all these solutions being sold online to "get leads" and found that they were too expensive for the average person to get started. Again, they had set the bar too high for someone just starting out. So Hall took his expertise as a web developer and programmer to build a back-end which anyone could afford - so people could learn these basics and apply them, while their incoming prospects funded the simple marketing costs.
So Hall's success again proved Dillard's system could be applied by anyone in anysituation.
And Mark named his backend: "MLM Rock Stars".

You may be asking yourself - so which should I chose?

The answer is "both".
And you can start for nothing but free.
In both cases, Dillard and Hall give away the key principles right off the bat. They tell you immediately what you need to know to succeed - and become outrageously profitable "overnight." 
Once you know how to succeed, it's easy to make your fortune online.The rest of it is providing the additional needed tools and training to streamline what you are now doing to quickly build and lead your own team of marketers. Which means you can duplicate Mike Dillard's success and become a millionaire in a few years or less.
It is, of course, up to you. It's your choice.
Click on both of the above ads on the top left(they'll open in new windows or tabs). Sign up with both for their free materials. Study these. Decide if what they offer will help. 
It's that simple. The clock is ticking - and you probably won't find this page again.
See you in the Online Millionaire's Club. I'll be looking for you there.


Click on both of these now:


Tuesday, November 12, 2013

Getting Your Home Business Started for Less than Scratch - It's possible...

Cloud-based Profits - or Pie in the Sky?

photo: Mike Licht, NotionsCapital.com


(These are some notes based on reviewing all I've said on this subject and boiling it down to barest basics.)

Anyone can actually start earning income online with no outlay at all - besides sweat equity. With cloud-based free services, this is the updated equivalent of "Bum Marketing." In that scenario, a person simply did article marketing (like a bum in a public library) in order to generate traffic. While the article directories have mostly been de-valued by Google (not all that relevant, or you'd see them in the top listings) - they've been replaced by others such as Google-owned YouTube.

For my own curiosity, I wanted to see what "bottom" looked like. We've already seen how millionaires approach this...

Nuts and Bolts

There are 4 parts to making income online at its base:
  1. Discovery - how someone finds your page.
  2. Sales page they can buy your product (some call this a landing page, but that’s a bit miseading.)
  3. Shopping Cart to accept payment.
  4. Thank you page (which has the delivery link.)

The barest minimum could be a Google account: using Gmail, Blogger, and Google Checkout. Blogger holds the pages, and Checkout makes the sales. Oh - you'd also need an info product. You could create this with Google Drive and export it as a PDF.

You're probably still missing a way to get customers (other than a chance finding of your blog) - and you'd be doing the fulfillment by hand.

The greater idea we want to work with here is to create recurring systematized passive income. Meaning that you're earning extra money online using semi-automatic systems instead of having to manually do all the details.

Without automation, you have just created another job for yourself - kinda like a franchise where you are working harder than if you had a regular job, plus being in debt for the license.

Discovery-Sales-Delivery.

Discovery has a front and back end.

The backend would be an auto-responder. This allows you to answer and originate messages with a script doing your talking. So you can deal with queries about your product 24-7.

The front end of discovery is putting your target where people are aiming. For information products, you go where people are looking for answers. 
  • blogs
  • video sites
  • doc-storage sites
  • ads 
  • email
(Article Directories and static websites used to be on this list, as well as some content sites such as Squidoo and Hubpages - but we want to deal with the cost-effective sources. There are many discussions on this, and these change regularly. At this writing, these 5 are the best traffic-producing options.)

To get into people's email, you need to be introduced to them - because people have to give permission for you to send them stuff. 

We then go to find people with lists of permissions-already-given recipients. These are Affiliate Marketers aka: Joint-Venture partners. (Again, there's a huge body of data on this.) The trick is to let them do the introductions for you. So you make it worth their while (the juice is worth squeezing.)

Interestingly enough, affiliate sites such as JVZoo, and DigiResults also make it easy for you to host your content securely as well as your sales pages. They also do the shopping cart for you (for a small fee.)

Meaning with an auto-responder and an affiliate site, you can have regular income. This is known as Affiliate Marketing.

Recurring Income


The next trick is to set up your content so it can get paid for on a recurring basis. (Affiliates love that, too.) Otherwise, you are constantly working to find either new customers, or additional new products to sell them.

This is where you take the next step of getting your own membership site.

And that is Mike Dillard's sole claim to fame. His Magnetic Sponsoring was built into a large set of related products (sales funnel) which people could buy over time. The main recurring income came from a monthly newsletter to keep people updated in the Network Marketing business. His Elevation Group was built on his own quest for finding how to invest his money to make more money, rather than just spending it on "doo-dads." So his regular monthly content people would subscribe to at a hefty $97 per month. He started out with 8,000 subscribers - so do the math.

Membership sites can be set up to "drip" content, meaning you can deliver courses of material over time, where people pay you for it as they get it. You can then also offer additional related courses as well (your own sales funnel.)

As you systematize the content-delivery, as well as affiliate acquisition, you then leverage your time for increasing amounts of regularly-arriving income.

Where you re-invest that income into other passive income-producing sources, you start building real wealth - which will soon get beyond the point where you could ever spend it all on doo-dads, no matter how hard you "worked" at it. That is why so many of the ultra-millionaires become philanthropists - finding worthy places to invest their excess wealth where it would do humankind the most good, and get the greatest return.

Starting from less than scratch


All of this can be started for next to nothing (or even while you're in debt.)

The whole point of a home business is to make income without additional expense. It's profitable from day one. Of course, you're spending your time - and that is the entire game here: how to get maximal return for the time which you are required to spend anyway in your life. You can always make more money, but you can't make more time. 

The core of your business is your own list of people who trust you to send them great content. An autoresponder such as MailChimp is free to start with. Other services have their own introductory offers which make this essentially free to get started. 

JVZoo and DigiResults will host your sales pages and content, as well as running your shopping cart. They will also introduce you to affiliate sales-people to create your sales (and add to your own list of customers.) Both of these are free. You can integrate your payments via PayPal or Payza for free as well. All of these take a percentage of sales, but very slight. Costs you nothing up front.

Your membership you can pay for with profits from your sales. You'll need a one-time fee for a domain name, some hosting, and a Wordpress plug-in. This can be about a $100 one-time and $10 monthly total.

Once you're through the learning curve, then it's just a matter of tweaking your systems to make them more efficient.

And counting the money coming in, plus figuring out where to invest next.

Staying at Scratch – or Making Millions

Of course, it's completely your option to stay broke. Lots of people choose this as their own path through life.

If you're reading this, you're probably not one of them.

The key handbook, if you don't already have your own copy, is Think and Grow Rich by Napoleon Hill.


The rest is up to you.
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Saturday, November 2, 2013

How to Build Your Own Membership like a Bum Marketer

Because if you're starting from less than scratch, maybe you deserve a break today...


Photo: Ed Yourdon on Flickr

I found a broken link in Yaro Starak's PDF about memberships.

He simply dropped this bombshell idea that you could actually start a membership with just AWeber and a PayPal account. Theoretically, this could apply to one of the "free trial" autoresponders like Mail Chimp.

Here's the link: https://help.aweber.com/entries/21697302-how-do-i-integrate-paypal-with-aweber

And there's a great video on that page as well, just to help you get started.  It looks like this:


They've also got a PDF on the subject, but another page says it's out of date.

With just that low cost, you'd get a profit-making mambership up and running without hosting.

There's also a way to get DigiResults or JVZoo into the mix, so you'd have affiliates bringing you sales. Either of these, to my current knowledge, will host your digital downloads for you, as well as landing and thank you pages. Or you can create those pages though AWeber or just take the default ones PayPal uses.

Of course, looking pro and getting into a higher range of income will ultimately demand you get hosting somewhere. There is no free blog or site hosting that I know of that doesn't make you look cheap.

The one advantage to this is being able to test your niche area for conversions, plus building your list meanwhile.

Any unsubscribe for recurring payments is handled between AWeber and PayPal. So you could simply use AWeber for your drip delivery, setting these up on a monthly or bi-weekly (even daily) basis. The content is hosted on JVZoo or DigiResults, so you're set.

This really is closer to the "Funded Proposal" Mike Dillard recommended in his Magnetic Sponsoring. Get some info product up that addresses the problem in your niche which people will pay you for. (The amount of juice being worth the squeeze, as the Elevation Income videos cover.)

  1. Set up your AWeber/PayPal/JVZoo connection to sell and fulfill for you. 
  2. Create a recurring income with regular monthly deliveries - or a limited series with a set number of recurring payments.
  3. Use this income to finance other expenses in your business, like additional marketing.
  4. Bootstrap yourself into a domain+hosting and a proper membership backend.
  5. Fill out your sales funnel and split-test your sales, landing, and thankyou/cross-sell pages to perfection.
  6. Leverage all this into 6- or 7- or even 8-figure passive income.
  7. Systemize and automate this as much as possible to free up your time. 
  8. Create additional membership sites for multiple passive income streams and/or sell the profitable one you have.
  9. Invest extra income meanwhile into other passive income streams as well.
  10. Enjoy true financial freedom from there on out.
  11. Bequeath your "gold egg-laying" passive income sources to deserving and supportive relatives or charity - for the distant time when you no longer need it.
- - - -

Wishing you every success you deserve.

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