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FreedomFire
Administrator
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Posted: Mon Jan 7th, 2008 04:44 pm |
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People fail to realize that when they start a home based business (network marketing, direct sales, etc), they are starting a BUSINESS and must treat it as such. Businesses require start up captial (you cannot realistically expect to create $10,000 per month with a $10 'investment'), advertising and marketing expenses, time, energy, creativity, passion, etc. You get the idea. The thing that drives me absolutely crazy is when people tell me that they're unwilling to spend more than $50 in their home business.
They've seen so many ads on the Internet claiming you can turn $50 into $500,000 that they believe it. Sorry to burst that bubble folks, but it's absolutely not true. That particular breed of 'tire kicker' is probably the most frustrating. They claim to want to create a better life for themselves, but are completely unwilling to do the heavy lifting to get there.
It's not difficult to make $10,000 a month, but you have to be willing to commit to earn it.
I'm sure you'll find differing opinions on this, but from my perspective, you should stick with your advertising until you are able to determine whether it is successful or not. Now, that may seem like a pretty ambiguous statement, so let me explain a little bit.
There are some very well-established forms of advertising that are known to produce successful results...but only if you are using them correctly. Let's use Google Adwords as an example. I have had people tell me that they have done 'everything' they could think of and just weren't getting the results they wanted. They then went on to tell me that no, they never got around to reading Perry Marshall's book, they never got around to testing their headlines and ad copy, they never looked up alternative key words, etc, etc, etc. Basically, 'everything' encompassed placing a few of the canned company ads on the BIG and popular Google searches. Well no wonder they didn't see results...
Do you see what I mean here? So when I say that you should choose 2 forms of advertising and master them before moving on to something else, I mean just that. Master them. Don't half-heartedly place a few ads and throw your hands in the air with frustration when you don't see results...
The other thing that goes into that is carefully choosing those advertising mediums you want to work with. There are so many, you should easily be able to choose a few that fit your likes (article writing, personal conversation, website copy, etc) and skill sets.
God Bless,
Michael
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lwillard
Member
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Posted: Mon Jan 7th, 2008 06:22 pm |
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Michael,
Yes, there are too many people today that believe that don't need to spend a dime to make a fortune.
There are many great opportunties with home businesses today. But each of them take time, money, and commitment. It drives me nuts when someone wants to make $10,000 tomorrow.
Finding your niche and then mastering it is a journey, not a race.
BELIEVE Success!
Lisa Willard
http://www.OnlineCandleTeam.com
____________________
BELIEVE Success!
Lisa Willard
http://www.network-marketing-success-tools.com
http://www.onlinecandleteam.com
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Matthieu007
Member
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Posted: Sat Feb 2nd, 2008 10:37 am |
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Hello Michael,
I appreciate your articles. I see quite some business wisdom in them.
What would you advise to someone like me :
- Living in Europe ( I can't phone to US people - it's night here when it's day there)
- I can just afford my autoship and have hardly any extra money for advertising
- I'd like to build on Internet as my business is very well adapted to Internet
Many thanks!
Jean
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"You can start with nothing, and out of nothing and out of no way, a way will be made ! "
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markmcculloch
Member
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Posted: Sat Feb 2nd, 2008 04:51 pm |
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Time, money, energy , creativity, passion and SACRIFICE.
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Mariasbusiness
Member
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Posted: Tue Feb 19th, 2008 05:14 am |
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I agree agree. If making $10,000. were so easy everybody would be doing it. I really try to screen my interested people. I want to make sure they are committed and willing to work. Having my own business is the only way for me but it takes hard work and well worth it.
Maria Cronk
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jasonj
Member
| Joined: | Tue Feb 12th, 2008 |
| Location: | Southington |
| Posts: | 9 |
| Mana: |  |
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Posted: Tue Feb 19th, 2008 03:14 pm |
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Great post Michael,
I AM SORT OF NEW TO THIS BUT I HAVE HERD OF NITEMARE THAT PEOPLE
HAVE HAD WITH GOOGLE ADWORDS. IT SEEMS TO ME THAT YOU HAVE TO KNOW
YOUR SKILL LEVEL WHEN IT COMES TO ADVERTISING WITH GOOGLE ADWORDS
BECAUSE YOU CAN RUN UP A VERY BIG BILL FAST. I AM CURRENTLY READING SOME
OF PERRY MARSHALLS ADVERTISING BOOKS BESAUSE I WANT TO LEARN THIS
BUSINESS FROM THE GROUND UP
THANKS,
JASON J
____________________
My name is Jason Jarrell I own and operate careerbuilder101.com and myprofitpage.com
My goals are to expand my online companies
and spend more time with my family
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jeffpaul
Member
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Posted: Wed Apr 16th, 2008 06:26 am |
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| Most MLM amateurs are selling new people how easy it is to become a millionaire like the business is a lottery. It is your obligation to inform your new reps that Network Marketing is a profession and that they must invest in skill development in order to have the success they desire. These people will thank you down the road for being straight forward and honest about what it really takes to succeed. What may seem uncomfortable at first will pay huge dividends in the future of your growing enterprise.
____________________
Shortcuts to Internet Millions.
http://www.jeffpaul.tv
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rexharris
Member
| Joined: | Mon Mar 17th, 2008 |
| Location: | Michigan USA |
| Posts: | 39 |
| Mana: | |
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Posted: Mon Apr 21st, 2008 05:59 pm |
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Well said... there's the plan folks... read it apply and you will become successful!
Rex
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Rex Harris
http://rexharris.ning.com
rex@rexharris.net
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GChildren
Member
| Joined: | Tue Aug 28th, 2007 |
| Location: | |
| Posts: | 33 |
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Posted: Wed Apr 23rd, 2008 01:31 am |
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When you land on a web page that promises you the sun, moon and stars for literally nothing the warning flags should go up immediately. Unfortunately, many people believe the hype that never materalizes because the real truth is avoided. That is why so many quit this business.
It is all about focus, determination and effort. Imagine if you landed on a sales page that told you this business is:
1) Difficult
2) Frustrating
3) Challenging
4) Hard
5) But, success can come if you work at it.
I wonder how many would sign up. Unfortunately, not many. But this is what it takes to succeed. And that is the best thing about this forum. We all can find the resources, help and encouragement we need.
John
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the20yearold
Member
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Posted: Wed Apr 23rd, 2008 03:25 pm |
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A lot of people that jump into this industry and fail miserably because a majority of them come into this industry with desperation, looking to make a quick dollar and get rich over night.
These individuals do not understand that success doesn't come over night and that you need to invest the time and effort as well as learn, grow and develop more and more into a leader every single day.
These individuals take a dive into the industry for a quick fix and with hope in getting rich over night as well as thinking that it doesn't require work and that you can just sit in front of your computer and watch money come into your bank account.
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Ronda
Member
| Joined: | Tue Nov 20th, 2007 |
| Location: | Texas USA |
| Posts: | 64 |
| Mana: | |
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Posted: Wed Apr 23rd, 2008 05:44 pm |
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| Thank you, John, for speaking the truth about MLM. I just want to scream when people say that this business is easy. It takes a lot of work and determination. I feel that attrition would not be so prevalent in this business if people knew these things from the beginning.
____________________
Wishing you life's best.
Ronda Tuckness
http://www.Miabella-At-Home.com
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Netwhizzer
Member
| Joined: | Mon Apr 14th, 2008 |
| Location: | Singapore |
| Posts: | 45 |
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Posted: Thu Apr 24th, 2008 05:41 pm |
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It just irritates me whenever I see ads that says something like "Earn $100,000 in 7 Days!".
Absolute crap!
I really pity those newbies who are lured into MLM thinking that its going to be easy: you get rich quick, without spending a dime. Then the painful truth is going to unfold right before their eyes.
They see that its not what they first imagined, and then they chickened out. what a waste of time.
It takes time, money, commitment and determination to make it work.
To the top,
Wyatt
____________________
"Who Else Wants To Earn At Least $4,240 in the Next 90 Days, Fire Your Boss, and Master Your Financial Future..."
http://www.ezyonlinesuccess.com
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theinternetenterprise
Member
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Posted: Fri Apr 25th, 2008 06:19 pm |
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Matthieu007 wrote: Hello Michael,
I appreciate your articles. I see quite some business wisdom in them.
What would you advise to someone like me :
- Living in Europe ( I can't phone to US people - it's night here when it's day there)
- I can just afford my autoship and have hardly any extra money for advertising
- I'd like to build on Internet as my business is very well adapted to Internet
Many thanks!
Jean
Hi Jean, I couldn't see any reply for you so I decided to answer this thread. Go for free methods of advertising listed below
- Join discussion groups in Google or Yahoo
- Article submission
- Blogging
- Press Release
- Forums
and so on
Hope it helps
Cheers
____________________
Cheers
Mark Foo
Money Doesn't Solve All Our Problems
But It Sure As Hell Gets A Big Discount
FREE E Book Guide To Success University Worth $19.95
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michael0427
Member
| Joined: | Fri Apr 25th, 2008 |
| Location: | |
| Posts: | 9 |
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Posted: Fri Apr 25th, 2008 08:20 pm |
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I'm so glad to hear someone telling the truth here. I hear all the time from prospects that they want a better life, they want more money but when you tell them the startup costs or the advertising budget they will need, they run away and say they can't afford it. They'll never change their life if they don't try.
Michael
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shelby
Member
| Joined: | Wed Apr 30th, 2008 |
| Location: | |
| Posts: | 2 |
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Posted: Thu May 1st, 2008 01:41 pm |
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I think people WANT to believe they can make that $10,000 in 7 days. They want it so badly they don't do the proper research or ask the proper questions.
To my prospects, I try to be real upfront about what the business entails including costs and time and unfortunately lose them to another sponsor that promises them the world on a platter.
But you know what? I've not had a call from any of my many 'partners' expressing anger and frustation because they felt I 'sold' them a bad business and now they want their money back.
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Netwhizzer
Member
| Joined: | Mon Apr 14th, 2008 |
| Location: | Singapore |
| Posts: | 45 |
| Mana: | |
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Posted: Thu May 1st, 2008 04:14 pm |
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Hi Shelby,
Do not be discouraged by the actions of your prospects.
These people are typical examples of losers - they expect to get rich quick without any effort or money, and when they see no results, they quit.
And then they blame just about everything except themselves.
Move on, pal.
The Internet world has an abundance of prospects waiting for you.
To the top,
Wyatt
____________________
"Who Else Wants To Earn At Least $4,240 in the Next 90 Days, Fire Your Boss, and Master Your Financial Future..."
http://www.ezyonlinesuccess.com
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jhn.bradley1
Member
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Posted: Wed Jun 18th, 2008 07:01 am |
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Great thread,
Really I am very much impressed with your info and was looking out for the same kind of information. Thanks a Lot.
Each day millions of people around the world want to start a home based business. It is up to you and only you to find these people and show them your opportunity, and there are many ways, but only few of them really draw in the sales we are looking for.
It is a lot easier to make money on the Internet if you are already on a path that is leaning towards success. A major advantage of running your own business is that of setting your own pace. If your expectations are unrealistic, you'll become frustrated and disappointed when times are tough and when things don't work out as you'd have hoped. However, you must have the determination to work through the problems, until resolution. 
___________________________
ClosingYourSalesNow.com
____________________
Home Based Business, Home based travel business
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rbrooks
Member
| Joined: | Fri Jun 20th, 2008 |
| Location: | |
| Posts: | 1 |
| Mana: | |
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Posted: Fri Jun 20th, 2008 09:13 pm |
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There are a million places to you can go when starting a business online. In fact, I actually feel sorry for new entrepreneurs today who are looking for a business opportunity online because there are so many options it can make your head spin.
Here are the key components that you must have to become successful in the least amount of time:
1. You need to find a mentor that is having the results that you want to have.
If you haven't found a sponsor that is making at least $30,000 a month every month then you need to. I can't stress how critical this is.
2. You need to find a company that has a turn-key duplicatable marketing system.
This is the crown jewel, the most important factor to your success. To be successful you have to be able to plug into a turn key marketing system that is getting results already. If you take nothing else from this piece take this!
Beware of companies that offer you to use the same replicated website as
their only sales pitch. There must be something else. Every company today has that feature.
Your marketing system more than any other factor (outside of you) will determine the results. (Hence The Term Network" Marketing.")
The company must offer elite training? (This point is a close second to a marketing system.)
Every good, reputable company knows that training is vitally imortant to it's success.
If your marketing system is as important as water to your business then training should be as important as food.
3. You have to actually want to be successful. Having a true desire to be successful is priceless. Set goals for yourself and hold yourself accountable to them.
Your next step? To take what you've just learned and do some research. If you're already involved with a company that offers these features then congragulations you have put yourself in the best place for success.
If not... then you might want to re assess your current situation and possibly look for something better... your success depends on it.
Good Luck
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mikejo
Member
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Posted: Wed Jun 25th, 2008 08:58 pm |
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You are so right in saying "Focus on a Few strategies at one time" Much better to do a couple things excellent than barely do many.
Thinking and Learning does not actually pay the bills. Networking, Marketing and promotions do. Get some work done first and foremost.
I can't tell you how many times I have spent a whole day watching videos and attending more training calls or reading a book. No work got done the entire day.
It is really good to separate your work time and your learning time. Set aside time for each. Otherwise you will spend too much time studying and reading the next new ebook instead of doing any actual work.
I make a point of scheduling my time the night before. 2 hours of article writing and blogging/forums. Three 45 minute blocks a day for email. 2 hours for website work. 3 hours for marketing and advertising.
My learning time comes after the work for the day is completed. My tasks for the day are written down and checked off.
On sunday, I write my plan for the week ahead. This is an ongoing list of things I need to do for each product/website or niche.
Knowing you are actually accomplishing things keeps you moving forward.
Write it all down.
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chrishills23
Member
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Posted: Mon Aug 18th, 2008 10:12 pm |
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Unfortuanly, most people treat this business like a hobby. They do not set up any goals or objectives. They are so use to getting a paycheck that, they cant see 2 weeks in front of them. I tell my people less money=more time and more money=means less time to a point.
I am a perfect example on building my business with little capital. just spending lots of effort. Has i grow i will shift.
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