Thursday, February 26, 2009

Home Business - Getting Started Quickly!

I recently received the following email request;

"I need to learn how to make money online with affiliate programs, blogging, ebay, with minimal costs.How? Can you help me?I would appreciate it. To make money, within the 1st month if possible. Or as fast as possible, 2-3k to start. That would help my situation . all around.Actually your my lifesaver if you can help me with this.

L."


If you have had similar questions as to how you get started quickly you may find my reply helpful.

Good morning L.,

You are correct that in today's world it is IMPERATIVE to learn internet marketing if you are to be as successful as possible in business.

However, contrary to what many trying to promote their programs will tell you, developing an income from internet marketing is a slow proposition. Banner ads are practically insignificant for effective advertising, SEO requires a great bit of skill and knowledge, as well as a fair bit of time before you realize any results.

PPC advertising is a SUPER way to generate income. But unless you have a good marketing plan and a product in place to fund it you will lose your shirt.

If you are looking for a way to start generating an income QUICKLY, for a minimal investment, you're going to need to look for a product that people NEED or WANT and that has a significant profit margin for you. It also needs to be something that you can be passionate about.

You can't expect this to happen with a product that only costs $10. You need a product at a price point that is considered reasonable to the purchaser AND provides you with a good income quickly.

Personally, I'm passionate about business building and marketing. So I get excited about great marketing tools. One I have found that is EXTREMELY effective AND provides a good source of income is the one you can learn about at www.ibuzzpowerteam.com

I like selling this product because I know that small businesses, including network marketers, NEED an inexpensive marketing tool like this to generate leads, promote their business, and stay connected with their customers. I know that civic groups and other organizations can benefit from it as a tool to stay connected with members and keep members up to date on events and announcements.

As far as building a business goes you can begin generating income with this product very quickly because on your first two sales you make $250 per sale and thereafter you make $500 on every sale you make.

In fact, I have just purchased an additional system to get my daughter-in-law setup with a way to work from home so that she can continue to be a stay-at-home Mom.

You may not be as passionate about a product like this as I am. But I use it to illustrate my comments. You need a product that provides significant income, that YOU are passionate about, AND that people NEED or WANT.

Allen

P.S. You also may want to read the free report that I've made available at www.NoMoreMLMLosses.com

Tuesday, February 24, 2009

Home Business Success

In reading my posts you have seen that I discuss Network Marketing businesses a fair bit. However, I understand that for many of you Network Marketing or MLM is an anathema, something truly despised, and even considered accursed.

But it is important to understand that what it takes to build a home business is EXACTLY the same whether it is Network Marketing, MLM, or a more traditional business.

I would invite you to go to my website at www.NoMoreMLMLosses.com to claim a free report that will provide you with sound business building principles, no matter what kind of business you are building.

Saturday, February 21, 2009

Network Marketing Success

How many of you have tried network marketing and lost your shirt? Worse yet, lost family and friends? That's because most are never taught the right way to do it. You should NEVER build a business that is dependent on sales to your warm market, people you know.

The fact is, network marketing is a very viable, ethical business model. However, if you're going to succeed at it you MUST know the RIGHT way to do it.

Claim a copy of my free report at www.NoMoreMLMLosses.com to learn the secrets of success.


Wednesday, February 11, 2009

Network Marketing - Profiling - Is it REALLY a Bad Thing?

OK. So how do you leverage the technologies available to you in order to build your business? First things first. First you've got to understand profiling. Yes, I know that 'profiling' is a word that gives off bad vibes. But profiling your prospect is essential to market effectively. Profiling is necessary to identify your target market.

Let me give you an example. Suppose you are selling videophones. Videophones represent a huge step forward in communication as people can not only hear one another but can see one another at the same time. Videophones can currently be purchased at prices in the range of $150-$200. Your mission, should you choose to accept it, as a marketer is to determine the profile of someone who would be willing to pay the price for a videophone. And as a network marketer you ideally want to find someone who ALSO wants to join the business opportunity associated with your videophone.

What about a market of those age 55 to 70? Could that be a market? Think about it. Better than 90% of those in that age group are grandparents. Do you think a grandparent may be willing to pay $150-$200 to buy a videophone, not only for themselves but also for their children, to be able to SEE their grandchildren more often? Absolutely! Do you think they may also be looking for a way to supplement their retirement? Very likely.

So let's try to profile this buyer. Age 55 to 70, has an income of at least $40k per year, has high speed internet, has purchased a product online in the past, and has inquired about starting a home based business.

If you have ever worked with a lead broker in the past you know that it is easy to get leads that are just that focused. Learning to profile your target market is the first step in learning how to leverage the marketing tools available to you. No matter how good the marketing tool is without knowing your market the tool is just a tool, a WORTHLESS tool.

So start profiling your market and we'll next talk about reaching them, getting their attention.

Monday, February 9, 2009

The QUICKEST Way to Be In Profit

If you are looking to build your own home business the absolute QUICKEST way to be in profit is through network marketing.

However, let me say this first. You need to know that 97% of network marketers FAIL, never make a dime! The reason for this is NOT necessarily a reflection on the network marketing business model. It is, in fact, the outdated methods that most networkers are taught by their uplines for building their business.

Let's take a look at the inherently flawed methods most are taught to employ. First, you are taught to tell everyone you know (your 'warm' market) about your business opportunity and get them involved in your opportunity.

Problem ONE: If you have any decency about you whatsoever you're NOT going to exploit your personal relationships for YOUR financial gain. Yes, I used the word "exploit". Sounds strong but that's exactly how you make your friends and family feel. They feel that their relationship with you was exploited. Many with whom I have personally spoken to in the network marketing industry have told me they actually have family and friends who now avoid them because of their repeatedly bringing business opportunities to them. That's sad!

Problem TWO: A business is successful when there is a product or service offered that someone wants and is willing to pay for. The business OPPORTUNITY associated with your product or service is only of secondary importance. So to be successful you NEED a market who WANTS your product or service, NOT business opportunity seekers. That may or may NOT be your warm market. Uncle Joe, for example, may really like you and want to see you succeed. But do you think he is really going to continue to order your skin cream? Is it a product he really wants or needs?

However, network marketing is a GREAT way to get started with your own home business. One reason for this is that you can get started for a much smaller investment than is typically needed to start a traditional brick and mortar business. With many network marketing companies you can get started for as little as $500. Many offer compensation plans that enable you to start genrating a good income very quickly while also providing a good residual income to those who know the secrets of retention.

As an underwriter with a highly successful home business training academy I speak with many network marketers on a daily basis who are expressing their frustrations with trying to build their businesses the way their uplines are instructing them. I'm telling you, it's outdated. It does NOT work!

I think it is unfortunate that so many possess the vehicle that can enable them to realize their dreams and yet 97% of those dreams go unfulfilled. Yet with the proper knowledge and through acquiring the needed skill sets it is quite possible for ANYONE to achieve their dreams and make them a reality.

If you would like additional information on building YOUR business just send me an email. Send to allen@goatrockmarketing.com

Friday, February 6, 2009

Home Business - Focus on Family

OK. I know that I was next to discuss how to leverage new technology marketing tools to get the most good out of them but I just had to digress this morning.

You will recall that a few months ago I discussed the importance of priorities in life. If you are to be truly successful in building your home business you need to first build a good home. I'm not talking about your house I'm talking about your HOME, your family life. If there are tensions in the home it will provide only distractions that prevent the kind of focus that is needed to build your business.

Don't get me wrong. You do not build your family life for the sake of your business. Instead, your business should be for the sake of your family. Family should be your priority, not business.

If you've read the "About Me" section of this blog you know that Carla and I have enjoyed a SUPER 30 years together. It continues to amaze me when I reflect on the fact that we were practically kids when we married 30 years ago, she was 18 I was 19, and we had only first met 3 months prior to our wedding. But here we are and everyday gets better than the last.

One HUGE reason for this is that our relationship has always been a high priority. One thing we have made a point of doing for the past few years is to have at least one evening during the week when we are focused only on one another. No TV. No going out. Just sit together at home and chat.

Sometimes we build a fire in the fireplace, mix us a drink, and sit watching the fire while we chat. On most weeks we will sit across from one another in the jacuzzi and chat. I know this may seem to be a bit personal, and I know it certainly doesn't sound like a 'guy thing' to discuss, but I want you to understand that it is critical that you maintain your priorities. Keep the focus on your family, where it should be.

OK, I promise I AM going to get back to explaining how to leverage new technologies for the greatest good next time.

Thursday, February 5, 2009

Home Business Success - This Single Skill Will Give You an UNFAIR Advantage

The first, and perhaps the greatest, challenge for many in building a home business is FINDING prospects, those who want what you have. Here is where one of the most important skills you need to develop comes into play. In fact, this one single skill set can make or break your business. But here's the great thing about this particular skill set. If you develop THIS skill you can successfully build ANY business.

Having THIS skill you hold the key to the vault in your hand. In fact, if you become highly skilled at this you will actually have an UNFAIR advantage over others. So long as you are willing to put it to use and follow-up it will serve you well, VERY well. This skill is NOT the ability to sell. After all, you can't really test out your sales skills until you have a prospect to communicate with. Remember, you've got to FIRST find your prospect, someone who wants what you have.

OK, the skill I'm talking about is MARKETING. If you learn how to become highly skilled at marketing you will literally have people lining up to join your business. This will be especially true if you learn to leverage new marketing technologies. Consider the internet, for example. Who would EVER argue that this technology has not revolutionized marketing in today's world.

One technology I have found to be especially effective is voice broadcasting. This technology has been used for a number of years by politicians and the heavy hitters in network marketing. However, for the average business builder the price for this technology was so high as to be prohibitive.

Today, because of the ability to use an internet platform, this technology has become affordable to almost anyone who is serious about building their business. The voice broadcasting system that I personally use is, in my opinion, the finest one available. Not only is it of the highest quality it is also the most reasonably priced. You can learn more about the system I use by going to www.Ontrack2Succeed.com

Stay tuned as I will later discuss some ways to put these new technologies to work in finding your prospects and how they can help you build your home business. Remember though, no matter how good the technology is, it is only a tool. You need to know how to USE the tools if they are ever to be of real value to you. So we will discuss that later . . .

Wednesday, February 4, 2009

Prospecting

Every network marketer knows, or should know, that a fundamental requirement for getting recruits is prospecting. But most do not fully understand exactly what prospecting is. Many confuse prospecting with selling.

Prospecting is all about qualifying NOT selling. It's all about finding those who WANT what you have and may also involve determining IF they qualify for what you have. Herein lies one of the HUGE faults with most network marketing training you will receive from your up line.

You see, your up line has likely taught you to tell 3 people you know about your business opportunity, get them involved in your business, and then all they have to do is tell 3 more who they know, and on and on it goes. You are more than likely going to choose the path of least resistance and go to family or friends. And, of course, family and friends make up a very limited number. Problem!

Here's a bigger problem. Just because they know you and like you doesn't mean they necessarily WANT the PRODUCT you're selling. Remember prospecting is finding those who WANT what you have. Additionally, they will ONLY be of advantage to you in your down line if they are productive, if they also know how to find prospects who want what they have.

You will only build a successful networking business if you know how to bring on PRODUCTIVE team members. You need to determine if those you interview will qualify for your time and energy because YOU will have to train THEM if they are going to be productive. Next time I will discuss more about various ways to find more prospects to interview.

Tuesday, February 3, 2009

Why Do 98% FAIL in Network Marketing?

Why do SO many join network marketing businesses when the failure rate is so high? Simple, they fall for the hype. They believe it really is as simple as tell 3 and they tell 3 and they tell 3 and before you know it you are receiving a gazillion dollars in residual income every month.

Well here, let me bring you back down to planet Earth. The following is an excerpt from an earnings disclosure statement from a popular network marketing company: "only 4% will ever get to their power team. In addition, less than 1/3 of 1% will ever make it into coach's corner. There is over 246,000 reps of which 95% earn an average of $90.32 in yearly income."

95% will average $90.32 in YEARLY income. Now, how's that for hitting the big bucks?

Network marketing CAN, in fact, be a GREAT way to earn a living working from home. But you have to know how to do it. And I've got news for you, it's NOT the way your up line is teaching you. It's NOT done by contacting family and friends or those dreaded hotel room meetings.

Stay tuned as I will be bringing you more on what it takes to succeed in the network marketing arena. If you're anxious to learn more before it's posted just send an email to allen@goatrockmarketing.com
and just let me know that you want to know the secret.