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Monday, March 25, 2019

Top 4 Ways to Make Money Online

If you take the time to do some research, you will find the most common money making opportunities are covered in this article.

So my friends, here is my review of the most common ways to make money on the internet.

I've tried them all so this is my honest opinion. :)

Surveys

This was my first venture online. Claims of $ 5000 per month filling out survey's sounded good.
Boy was I disappointed.

I spent around a hundred hours filling out surveys from numerous companies. In fact I still get emails from companies today. But my days of 50 min surveys for $ 2 are well and definitely over.

Pros

I did make some money but now near what some people claim.

Cons

A lot are scams
Hard to make a substantial income
Takes up too much of you're time

MLM / Network Marketing

OK so I have not tried this but I have very good reason. I know from speaking to my mentor and other good friends in the home business world that MLM businesses are notoriously hard to achieve great success.
And here's why. Not sure if there is any pro's.

Cons

You're success is mostly dependent on building a huge team of distributors. 100's possibly 1000's

You're income can be affected greatly when people leave the business.
The charges are usually between $ 20 - $ 60 per sale, so a lot of sales are needed to make a basic income.

Payment plans are often outdated and sales sometimes need to be passed up to you're sponsor etc

Affiliate Marketing

OK so this is one of the most popular ways to get started online but in my opinion it's not as easy as a lot of people make out.

Pros
Low / no cost to get started
great for extra income

Cons

Steep learning curve for "newbies"
Extremely competitive.

If using PPC (pay per click) marketing, you could have lost more money than you make. Commissions are usually around $ 40 so high volume of sales is required for a good income

Affiliate marketing is best when you have an email list to market to.

Direct Sales / GPT (Get Paid Today)

This is by far the best way I've found to make a substantial income and it's great for newbies.

Pros

Direct sales and GPT businesses are great because you get paid first and directly. No waiting til the end of the month to get paid from the company.

Direct sales businesses are generally "high ticket" businesses. Meaning missions range from $ 500 - $ 2000 (just a few sales per month is a great income)
You do not need to rely on team members making sales (although building a strong team creates another stream of residual income)

Direct sales is recognized as the best and quickest way to build a big income

You do not need to work any harder to sell a high ticket product than you do to sell a $ 40 affiliate product.

Cons

Not really any cons but as direct sales have high responsibilities, they generally have a higher level of investment.

But you can make you're investment back quickly if you have the right mentor, mindset, and business.














Thursday, December 20, 2018

Working For Money Instead Of Freedom

Once again, this past Sunday in the Los Angeles Times Business section, there was a story featuring the latest Southern Californian who has been out of a job for a long time. While shocking, it always puzzles me to read these stories, as it's quite appropriate that these people have no interest in their own freedom.

This time, it was a 47-year old woman who was apparently an amazing insurance salesperson. After being downsized, she decided to take a few months off before looking for work again. She figured that because she was so good at what she did (especially with her experience), she'd be able to find another job without a problem. Those "off" months passed and she re-entered the job search. Almost 2 years later, she's still without a job. And that's after also applying for menial jobs.

When I first read this, I felt incredibly. First of all, how amazing could she have been if she was laid off? How could this woman not realize how bad the job market was (is)? How could she have such a big ego to think that she could take a few months off because her skills were so good? And how in the world could she miss just how successful she could be owning her own network marketing business ??

Fundamentally, this woman is incapacitated of doing anything else except choosing to be poor. Why? Her values ​​are such that she must have a steady paycheck from an employer, where she can have promotions, bonuses, etc. She values ​​security and money over her own freedom. What she's found out the hard way is that there is no security anymore as an employee. She worked so hard and developed skills, and for what? So she can apply for a job at Costco at 47 years of age?

If she valued her freedom, she could easily succeed with a network marketing business - especially with Infinity Downline. Instead of spending her time working hard for money, she could be working hard for herself, building a business that would create steady passive income for her for life . This is the true power of network marketing businesses.

What most people tend to miss when they hear terms like MLM, direct selling, and network marketing, is the power of passive income. Ads for MLM programs tend to emphasize how much money you can make every month, but the numbers tend to be so high that few people can believe it.

The truth is that those numbers are in fact real (5-figure salary per month ) (and it takes WORK to get there), but that's missing the point. Building a business allows you to build your own security. Who needs a 401k plan if you're making 5-figures a month doing nothing?

Back to the woman, if she invested her time building a business online with Infinity Downline, where she'd only have to pay $ 25 to join (and $ 25 a month to continue), get 100% commissions on her sales, and learn a new skill (internet marketing), she could easily be making her old salary within a year, if not sooner. Especially with a background in sales, this woman's success would most likely happen much sooner than she'd imagine.

But unfortunately, she will not get involved and will miss this opportunity for one big reason - her values ​​are not geared towards that of freedom; she values ​​money and security over all else.

Which would you choose? (Poor) Giving your work working life (40+ years !) Over to various companies? (Rich) or giving 4 years to a network marketing business, leaving the rest for yourself and your family?

I say, make the rich choice.